1 00:00:05,240 --> 00:00:09,360 Speaker 1: Well, welcome to the update. I'm Michelle Stevenson. Well, the 2 00:00:09,360 --> 00:00:14,360 Speaker 1: Treasurer concedes that Australia's inflation range remains sticky. Laterst data 3 00:00:14,480 --> 00:00:17,400 Speaker 1: shows consumer prices grew three point eight percent for the 4 00:00:17,520 --> 00:00:20,360 Speaker 1: year to June. That's thanks to higher costs for housing, 5 00:00:20,560 --> 00:00:24,080 Speaker 1: food and electricity. But Jim Chalmers in since the government 6 00:00:24,200 --> 00:00:26,439 Speaker 1: is doing everything possible to bring it down. 7 00:00:26,560 --> 00:00:29,360 Speaker 2: We can see in the substantial progress we've made in 8 00:00:29,400 --> 00:00:32,559 Speaker 2: the last couple of years that our policies are the 9 00:00:32,680 --> 00:00:36,440 Speaker 2: right ones when it comes to seeing the moderation inflation 10 00:00:36,800 --> 00:00:39,199 Speaker 2: from more than six percent when we came to office 11 00:00:39,479 --> 00:00:41,360 Speaker 2: till we a three in front of it right now. 12 00:00:41,680 --> 00:00:45,640 Speaker 1: Shadow Treasurer A guest Halla, though, says the figures are demoralizing. 13 00:00:45,880 --> 00:00:48,920 Speaker 3: They cannot see a pathway back to the restoration of 14 00:00:49,000 --> 00:00:51,520 Speaker 3: their standard of living, which has taken such a hit 15 00:00:51,840 --> 00:00:55,200 Speaker 3: under labor an eight percent hit to the real disposable 16 00:00:55,240 --> 00:00:59,200 Speaker 3: incomes of Australians and nine percent hit to working families 17 00:00:59,320 --> 00:01:01,440 Speaker 3: real wages under this government. 18 00:01:01,720 --> 00:01:04,559 Speaker 1: And it goes on the political leader of terrorist group 19 00:01:04,560 --> 00:01:08,480 Speaker 1: Hermas has been assassinated in Iran. Iranian state media and 20 00:01:08,520 --> 00:01:13,000 Speaker 1: her maas itself confirming Ismaelhania was killed in Tehran, but 21 00:01:13,200 --> 00:01:16,440 Speaker 1: no further details about how he was killed have been revealed, 22 00:01:16,720 --> 00:01:19,480 Speaker 1: and Israeli minister says the death makes the world a 23 00:01:19,480 --> 00:01:23,360 Speaker 1: better place. Administrators for Rex say their priority is keeping 24 00:01:23,440 --> 00:01:26,720 Speaker 1: regional services operating as they search for a buyer to 25 00:01:26,880 --> 00:01:30,560 Speaker 1: bail out the airline. Flights between capital cities have been grounded, 26 00:01:30,680 --> 00:01:34,720 Speaker 1: while Quantus and Virgin are offering to rebook stranded passengers 27 00:01:34,760 --> 00:01:37,480 Speaker 1: for free. Unions say around six hundred jobs are at 28 00:01:37,520 --> 00:01:40,399 Speaker 1: risk at the airline, and age limits on social media 29 00:01:40,400 --> 00:01:42,720 Speaker 1: are back in the agenda, with South Australia and New 30 00:01:42,760 --> 00:01:46,280 Speaker 1: South Wales agreeing to a two day summit, it'sport entertainment 31 00:01:46,319 --> 00:01:49,880 Speaker 1: to annexed to sport and Saturday night Super Netpal Grand 32 00:01:49,880 --> 00:01:53,720 Speaker 1: Final between Adelaide and Melbourne has officially sold out, and 33 00:01:53,800 --> 00:01:56,480 Speaker 1: the Olympic triathlon events have gone ahead as planned, despite 34 00:01:56,480 --> 00:01:59,480 Speaker 1: initial concerns around the water quality of the Seine. Results 35 00:01:59,480 --> 00:02:02,480 Speaker 1: of the latest water analysis were assessed as compliant by 36 00:02:02,520 --> 00:02:05,720 Speaker 1: World at Triathlon. Meantime, Australia's climb two third on the 37 00:02:05,720 --> 00:02:08,760 Speaker 1: medal tally after day four of the Paris Olympics. Kaylie 38 00:02:08,880 --> 00:02:12,920 Speaker 1: mckewan's one hundred meters backstroke win takes Australia's gold total 39 00:02:12,960 --> 00:02:15,959 Speaker 1: two six. In Entertainment News Now and Carlominogus hit the 40 00:02:15,960 --> 00:02:19,280 Speaker 1: clubs in Obeita. The Aussie singer lettyloose at Circo Loco, 41 00:02:19,400 --> 00:02:22,680 Speaker 1: among other places, to debut her new single Edge of 42 00:02:22,720 --> 00:02:26,520 Speaker 1: Saturday Night, while Hollywood bestI is Leonardo DiCaprio and Toby 43 00:02:26,560 --> 00:02:29,440 Speaker 1: maguire are living it up on a lavish trip to Italy, 44 00:02:29,800 --> 00:02:32,160 Speaker 1: the Spider Man star enjoying a jet ski rite with 45 00:02:32,240 --> 00:02:35,440 Speaker 1: Leo's supermodeled girlfriend while he was spotted soaking up the 46 00:02:35,480 --> 00:02:39,120 Speaker 1: sun on a yacht. And Karne has finally offloaded his 47 00:02:39,240 --> 00:02:43,000 Speaker 1: Malibu mansion after slashing the asking price. The property, which 48 00:02:43,120 --> 00:02:47,680 Speaker 1: was originally listed for fifty three million, selling four fourteen mili. 49 00:02:48,160 --> 00:02:50,480 Speaker 1: And that's the latest from the Nova Podcast news team. 50 00:02:50,480 --> 00:02:53,160 Speaker 1: We'll have another episode of the Update for you tomorrow. 51 00:02:53,360 --> 00:02:54,480 Speaker 1: I'm Michelle Stevenson.