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Speaker 1: Hello and welcome to the update time Melanie Scott. Thousands

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Speaker 1: are expected to head to the beach during the severe

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Speaker 1: heat wave gripping the East coast of Australia this weekend.

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Speaker 1: Victoria and South Australia are seeing tamps in the mid forties,

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Speaker 1: with Sydney set to peak on Saturday. Surf Life Saving

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Speaker 1: Chief Executive Stephen Pierce says stay away from remote areas.

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Speaker 2: Really try and find a patrolled location where there's lifeguards

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Speaker 2: and lifesavers on duty. This weekend. We've seen ten really

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Speaker 2: tragic groundings since the beginning of December and multiple cprs

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Speaker 2: and rescues by our great life slavers.

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Speaker 1: Two people are on the run after a teenager was

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Speaker 1: stabbed multiple times at a gate crashed fifteenth birthday party

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Speaker 1: in Sydney's West Please say. The seventeen year old is

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Speaker 1: in a critical condition with multiple knives seized at the

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Speaker 1: scene right Please were called to break up a crowd

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Speaker 1: of around forty, with detectives describing the attack as frenzied

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Speaker 1: and horrific. Some economists believe a February interest rate hike

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Speaker 1: is still on the cards despite easing inflation. Latest Bureau

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Speaker 1: of statistics start Out shows consumer prices rose three point

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Speaker 1: four percent over the year to November, defying market expectations

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Speaker 1: after an unexpected spike in October. AMP chief economist Shane

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Speaker 1: Oliver says it's still higher than the Reserve Bank's target.

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Speaker 3: My feeling is that these figures leave in place a

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Speaker 3: significant risk the Reserve Bank couldn't start raising rates in February,

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Speaker 3: but it's not our base case. I think the Reserve

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Speaker 3: Bank would probably want to wait and see more information.

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Speaker 1: The ATO is cracking down on tax dodgers trying to

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Speaker 1: leave Australia as collectible tax debts blow out to fifty

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Speaker 1: billion dollars. The Tax Office is blocking some travelers at

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Speaker 1: the gate, issuing last minute travel bands to stop people

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Speaker 1: flying out without paying what they owe. Venezuela is reportedly

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Speaker 1: turning over between thirty and fifty million barrels of oil

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Speaker 1: to the US following the ure of dictator Nicholas Maduro.

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Speaker 1: President Donald Trump says he'll control the money made from

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Speaker 1: the sale of the oil, estimated to be as much

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Speaker 1: as three billion dollars. He says that it'll be used

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Speaker 1: to benefit the people of Venezuela and the US Sport

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Speaker 1: and entertainment news are next. In sport, England is now

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Speaker 1: building a lead on day four of the fifth and

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Speaker 1: final Ashes Test at the SCG. English youngster Jacob Bethel

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Speaker 1: has scored his first entry in just his sixth Test match.

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Speaker 1: Coming up in the Big Bush tonight, the Perth Scorches

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Speaker 1: will host the Melbourne Renegades at OPTAs Stadium. And in tennis,

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Speaker 1: Australian Emerson Jones has been knocked out of the Brisbane

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Speaker 1: International in the second round, and Poland has secured the

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Speaker 1: final place in the quarter finals of the United Cup

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Speaker 1: and will play Australia on Friday night. In entertainment news,

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Speaker 1: Nicole Kidman and Keith Urban's divorce has been finalized. An

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Speaker 1: agreement has been entered in court, three months after Kidman

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Speaker 1: filed for divorce from the country music star. And that's

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Speaker 1: the latest from the Nova podcast news team. We'll have

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Speaker 1: another episode of the Update tomorrow