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Speaker 1: Hello, Welcome to the update. I'm Michelle Stevenson. The Treasurer

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Speaker 1: has welcomed the RBA's decision to keep interest rates on hold,

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Speaker 1: saying Australian households are already doing it tough enough. The

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Speaker 1: Reserve Bank Board is opted to leave the official cash

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Speaker 1: rate at four point three five percent amid global uncertainty,

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Speaker 1: Jim Chalmers says. The RBA says it is forecasting inflation

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Speaker 1: to begin to fall in coming months.

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Speaker 2: So this decision is welcome because it recognizes the progress

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Speaker 2: that we've made on underlying inflation, the softness in our economy,

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Speaker 2: and also that very substantial global economic uncertainty that we're

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Speaker 2: seeing play out around the world.

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Speaker 1: But Shadow Treasurer Angus Taylor says, mister Chalmers has failed

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Speaker 1: to deal with inflation and ossies are hurting.

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Speaker 3: He keeps telling Australians how good it is. He's complacent

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Speaker 3: about inflation. We see that in the forecast. He's out

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Speaker 3: of touch and he's out of his depth, and the

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Speaker 3: result is we still have a long long way to

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Speaker 3: go in fighting inflation, and the Reserve Banks comments today

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Speaker 3: underscore just how tough this fight is proving to be.

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Speaker 1: The PM meantime, has resisted calls from the opposition to

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Speaker 1: stop funding the United Nations Palestinian aid agency. Nine UN

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Speaker 1: workers were dismissed over their alleged involvement in the Hamas

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Speaker 1: attack against Israel last year. Anthony Albernezi says the agency

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Speaker 1: does vital work. Meantime, Iran's ambassador to Australia has been

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Speaker 1: called for a meeting with the PM after he caught

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Speaker 1: for the destruction of Israel on social media. Universities are

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Speaker 1: warning they'll be forced to sack fourteen thousand staff as

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Speaker 1: a result of international student caps. From January, there'll be

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Speaker 1: a limit on the number of overseas students at each

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Speaker 1: university and private college. And a million dollars worth of

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Speaker 1: cocaine has washed our shore in Florida after Hurricane Debbie

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Speaker 1: whipped up wild swells. Authority seizing the twenty five tightly

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Speaker 1: wrapped packages after that was spotted by a Good Samaritan.

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Speaker 1: Sport and Entertainment annexed to Sport and to Paris at

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Speaker 1: Australia is now sitting forth on the Olympic at medal

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Speaker 1: tally after adding a thirteenth gold courtesy of Noami Fox

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Speaker 1: in the kayak cross Ozzie surfer Jack Robinson has won

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Speaker 1: a silver medal at first for Australia in that category.

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Speaker 1: In your entertainment News Now and all the slabs flocked

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Speaker 1: to Charlie XCX's wild Birthday bash in La Billie Eilish,

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Speaker 1: Lord Nellie Fotado and Glenn Powell were some of the

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Speaker 1: big names who helped the stars celebrate. Now. Power couple

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Speaker 1: Emma mckiwn and Cody Simpson have stepped out in Paris

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Speaker 1: following the Olympian's retirement announcement, The Bear putting on a

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Speaker 1: pretty cozy display at a Swiss Watchmaker event, and Chris

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Speaker 1: Emsworth has been told to step back from the scissors

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Speaker 1: after giving his twin sons bowl cards. Fans hit out

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Speaker 1: at the Star after he posted his traumatized ten year

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Speaker 1: old twins with their new dues to Insta. And that's

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

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Speaker 1: another episode of the Update for you tomorrow. I'm Michelle

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Speaker 1: Stevenson Bubb