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Speaker 1: Hello, Welcome to the update. I'm Michelle Stanson. Blassie shoppers

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Speaker 1: have made the most of early and of financial year sales,

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Speaker 1: with retail trade growing by zero point six percent in May.

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Speaker 1: The increase is larger than most economics were predicting, but

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Speaker 1: long term spending remains stalled as households continue to feel

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Speaker 1: cost of living pressures. Legislation to establish the Future Made

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Speaker 1: in Australia scheme has been introduced into Federal Parliament. Businesses

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Speaker 1: can now access twenty three billion dollars in federal funds,

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Speaker 1: but they'll have to adhere to five community principles. Treasure

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Speaker 1: Jim Chalmers has told Parliament the policy will help drive

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Speaker 1: Australia's transition to net zero emissions.

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Speaker 2: A Future Made in Australia is all all about secure

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Speaker 2: jobs and more opportunities and a new generation of prosperity

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Speaker 2: in an economy power by cleaner and cheaper energy.

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Speaker 1: But Shadow Finance Minister Jane Hume is nord can in

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Speaker 1: the program will achieve anything.

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Speaker 3: Don't you think that the ultimate irony is that the

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Speaker 3: Future Made in Australian legislation was printed just this morning

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Speaker 3: on paper made from overseas Because our paper milling industry

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Speaker 3: has shut down under labor and that's because manufacturers are

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Speaker 3: really struggling right now.

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Speaker 1: Electric vehicle sales dipped in June, ending a year's long

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Speaker 1: run of strong growth year on year. Danna Show's EV

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Speaker 1: sales were down thirteen percent for June. That's despite many

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Speaker 1: of the major brands heavily discounting the vehicles. More affordable

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Speaker 1: hybrids seem to be gaining ground, with hybrid sales and

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Speaker 1: more than doubling in the first half of the year. Now,

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Speaker 1: farmers are warning it could take as long as two

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Speaker 1: years before egg production returns to normal. The industry is

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Speaker 1: continuing to battle with a bird flu outbreak and mining

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Speaker 1: magnate Gina Reinhardt has received Cambodia's highest honor for non citizens,

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Speaker 1: recognizing her charity work for the Southeast Asian nation's children.

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Speaker 1: It's port and entertainment done next to sport. An Aussie

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Speaker 1: NBA star Josh Green has been traded from the Dallas

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Speaker 1: Mavericks for the Charlotte Hornets. It's part of the Mavericks

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Speaker 1: plan to sign Golden State Warriors champion at Clay Thompson

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Speaker 1: and Ozzie Sprint King Rowan Browning is in danger of

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Speaker 1: failing to qualify for the Paris Olympics in the one

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Speaker 1: hundred meter sprint following an overnight tumble in the world rankings.

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Speaker 1: In your Entertainment News Now, and it seems Netflick is

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Speaker 1: pretty keen to hold on to Baby Reindeer creator Richard

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Speaker 1: Gadd in a bid to stop rivals from taking him.

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Speaker 1: The writer and actor has apparently been offered close to

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Speaker 1: a million pounds to exclusively work for the streaming giant

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Speaker 1: creating more smash hits. Nicole Kimmins's estranged daughter has given

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Speaker 1: followers a rare look into her social life, bella kid

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Speaker 1: mc cruz, who was adopted by Nicole and Tom in

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Speaker 1: ninety two, posting an image of herself and three friends

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Speaker 1: as they attended Glastonbury and at taliswoft. We'll be back

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Speaker 1: to cheering her NFL boyfriend on during the twenty twenty

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Speaker 1: four season. The Thing are pretty keen to take in

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Speaker 1: as many games as possible to support Travis Kelsey despite

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Speaker 1: the eras to our running until December. That's the labs

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Speaker 1: from the Nova Podcast News team love another episode of

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