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Speaker 1: Hello, Welcome to the update. Michelle Stevenson. There is a

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Speaker 1: bank at boss in sins.

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Speaker 2: The board is alert to the risk of recession after

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Speaker 2: lifting the official cash rate for the second straight month.

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Speaker 2: Now it's been revealed the board was split, with five

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Speaker 2: members voting for a quarter of a percent hike and

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Speaker 2: four wanting the official cash rate kept on hold. IRBA

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Speaker 2: Governor Michelle Bulloch says the board is watching the economic

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Speaker 2: impacts of the Middle East conflict, but admits there's a

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Speaker 2: lot at play.

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Speaker 1: We don't want to have a recession, but if it's

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Speaker 1: hard to get inflation down, then you know we're going

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Speaker 1: to have to deal with that possibly.

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Speaker 2: While Treasurer Jim Chalmers is blaming the Middle East conflict

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Speaker 2: for adding pressure to Australia's economy.

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Speaker 3: It's not a surprising decision, but that doesn't make it

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Speaker 3: any easier for millions of Australians with a mortgage. We've

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Speaker 3: got an inflation challenge in our economy already and developments

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Speaker 3: in the Middle East are making that worse.

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Speaker 2: Shadow Treasurer Tim Wilson says Ossie mortgage holders are paying

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Speaker 2: tens of thousands of dollars more now compared to when

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Speaker 2: the Coalition was in government.

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Speaker 4: The households that are already struggling under rising supermarket prices,

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Speaker 4: rising petrol prices. This is a devastating blow for people

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Speaker 4: who are already struggling to make ends meet.

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Speaker 2: Meantime, the ABC has met with major fuel companies amid

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Speaker 2: concerns about retailers gouging customers at the bowser. Petrol and

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Speaker 2: diesel costs have searched well above two dollars a liter.

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Speaker 2: Now that's prompting suggestions that prices are being artificially inflated.

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Speaker 2: The NMA says the gap between wholesale prices and retail

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Speaker 2: has narrowed, but drivers should avoid service stations selling fuel

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Speaker 2: for well above the average.

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Speaker 1: Well, there is concerns.

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Speaker 2: That Ossie's will face higher food prices as well. The

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Speaker 2: National Farmers Federation says that squeeze on petrol, diesel and

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Speaker 2: fertilizer price is putting farmers under pressure. Australian of the

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Speaker 2: Year Race TAM is under fire for dismissing the October

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Speaker 2: seven rapes of Israeli women as propaganda the Child Safety

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Speaker 2: Campaigners suggesting in an ABC interview that the sexual assault

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Speaker 2: by Hamas terrorists was debunked propaganda, prompting many to condemn

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Speaker 2: her comments, and scientists are investigating whether artificial sweetness and

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Speaker 2: additives could be behind a rise in bowel cancer in

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Speaker 2: younger OSSI's. Australia has the world's highest rate of the

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Speaker 2: disease in people under fifty, with those born in the

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Speaker 2: nineties diagnosed at rates almost three times higher for their

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Speaker 2: age compared to those born in the fifties.

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Speaker 1: Sport entertainment and next to.

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Speaker 2: Sport in Australian sprinter Tory Lewis has been retrospectively awarded

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Speaker 2: a gold medal two years after the event. It comes

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Speaker 2: up to a competitor from the British Virgin Islands was

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Speaker 2: banned for two years for doping at the World Under

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Speaker 2: twenty Championships in Peru. Lewis originally crossed the line second

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Speaker 2: and claimed the silver medal in the women's two hundred

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Speaker 2: meter final. Entertainment is now and the Academy Is issued

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Speaker 2: a statement after t nnat Taylor was shoved at the OSCARS,

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Speaker 2: with her reaction caught on camera. They're blaming an outside

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Speaker 2: security firm, saying they're taking appropriate measures to ensure it

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Speaker 2: doesn't happen again. The world's most famous couple sneakily celebrated

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Speaker 2: Oscars at Night in La but stayed under the Raidar

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Speaker 2: Taylor Swift and fiancee Travis Kelcey spotted attending several after parties,

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Speaker 2: including Jay Z and Beyonce's bash at Chateau Marmon and

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Speaker 2: Lewis Hamilton. Nazdrab the biggest sign yette that he's romance

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Speaker 2: with Kim Kardashian is the real deal. The f one champion,

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Speaker 2: showing his appreciation for his sizzling instance now it's by

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Speaker 2: leaving a hard eyes emoji. The Slaves from another podcast

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Speaker 2: news team will have another episode of the.

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Speaker 1: Update for you tomorrow. I'm Michelle Stevenson