WEBVTT - Intergenerational Report Labelled Wake Up Call 

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<v Speaker 1>Hello and welcome to The Update. I'm Michelle Stevenson. Well,

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<v Speaker 1>the Treasurer admits Australia faces very serious risks and pressures

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<v Speaker 1>over the next 40 years as the population ages and

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<v Speaker 1>technology transforms the economy. Jim Chalmers has released the latest

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<v Speaker 1>intergenerational report warning the world is becoming more dangerous and unpredictable.

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<v Speaker 1>But he says Australia is better prepared than most.

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<v Speaker 2>This IGR shows that we are better placed than our

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<v Speaker 2>peers in almost every regard. The global and generational risks

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<v Speaker 2>are serious, but Australia's opportunities are endless.

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<v Speaker 1>While Shadow Treasurer Tim Wilson says the country needs to

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<v Speaker 1>urgently lift productivity and economic growth.

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<v Speaker 3>What we need now more than ever is confidence in

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<v Speaker 3>the Australian economy and investment in the Australian economy so

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<v Speaker 3>that the next generation of Australians can live higher standards

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<v Speaker 3>of living than they are currently living and into the future.

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<v Speaker 1>Creating a national authority to operate the triple zero system

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<v Speaker 1>is among 11 recommendations made by a Senate inquiry sparked

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<v Speaker 1>by last year's deadly Optus outage. Telstra is currently responsible

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<v Speaker 1>for managing the emergency call network. The report also recommends

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<v Speaker 1>a text-based option for contacting triple zero and mandatory reliability

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<v Speaker 1>standards for all telcos. A second major opinion poll has

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<v Speaker 1>put One Nation ahead of both major parties, reinforcing Newspoll's

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<v Speaker 1>finding that Pauline Hanson's party is now leading the primary vote.

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<v Speaker 1>The latest, Roy Morgan, has One Nation on 25.5%, just

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<v Speaker 1>ahead of Labor on 25%, with the coalition remaining steady

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<v Speaker 1>on 21.5%. Drivers are being warned of more pain at

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<v Speaker 1>the bowser as petrol prices surge across the country. The

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<v Speaker 1>national average is now around $ 2. 39 a litre for unleaded,

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<v Speaker 1>while diesel is sitting around $ 2. 85 a litre. With global

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<v Speaker 1>oil prices driving up wholesale costs, the federal government has

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<v Speaker 1>ruled out another fuel tax cut, though. And John Farnham's

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<v Speaker 1>longtime friend Richard Wilkins has given a pretty sombre update

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<v Speaker 1>on the singer's health following the Melbourne tribute concert. Dickie

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<v Speaker 1>sharing that the 77-year-old requires around-the-clock care now, which added

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<v Speaker 1>another emotional dimension to the evening. Celine Dion Coldplay's Chris

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<v Speaker 1>Martin as well as Hugh Jackman are just some of

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<v Speaker 1>the stars who took part. So what entertainment are next?

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<v Speaker 1>To sport, a purple bus full of Dockers fans is

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<v Speaker 1>gearing up to make the journey across the Nullarbor for

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<v Speaker 1>Saturday's AFL Grand Final. The sleeper bus will make the

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<v Speaker 1>3,000-kilometre journey to Melbourne. Meantime, a large contingent of Lions

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<v Speaker 1>fans are set to make the trip from Brisbane to

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<v Speaker 1>see their side play a fourth straight decider. In your

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<v Speaker 1>entertainment news now, Charlie Puth has left Aussie fans devastated,

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<v Speaker 1>cancelling his tour down here. The US star's yet to

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<v Speaker 1>give a reason for the shock move, which comes just

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<v Speaker 1>weeks out from his scheduled dates. Taylor Swift is making

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<v Speaker 1>sure everyone knows exactly who she's cheering for as the

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<v Speaker 1>Chiefs take on the Colts. The star going wild as

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<v Speaker 1>Travis Kelsey scored his first touchdown of the season, flushing

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<v Speaker 1>her wedding ring and appearing to shout, that's my husband.

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<v Speaker 1>And Presley Gerber, son of Cindy Crawford, has died. The

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<v Speaker 1>27-year-old passed away while at a rehab facility in LA,

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<v Speaker 1>with sister Kyra admitting that he struggled with drugs and

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<v Speaker 1>mental health issues. And that's the latest from the Nova

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<v Speaker 1>podcast news team. We'll have another episode of The Update

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<v Speaker 1>for you tomorrow. I'm Michelle Stevenson.