1 00:00:10,614 --> 00:00:15,254 Speaker 1: You're listing to a Muma Mia podcast. Mumma Mea acknowledges 2 00:00:15,334 --> 00:00:18,134 Speaker 1: the traditional owners of land and waters that this podcast 3 00:00:18,214 --> 00:00:24,214 Speaker 1: is recorded on Hi. I'm Nicole Madigan from mmamea's twice 4 00:00:24,294 --> 00:00:27,734 Speaker 1: daily news podcast, The Quickie with Your Headlines for Tuesday, 5 00:00:27,814 --> 00:00:31,774 Speaker 1: July eighth, The Prime Minister has stressed that tariffs punished 6 00:00:31,774 --> 00:00:35,214 Speaker 1: the country, imposing them as Donald Trump increased levies on 7 00:00:35,254 --> 00:00:40,454 Speaker 1: exports from Australia's most important trade partners. The US president 8 00:00:40,534 --> 00:00:43,974 Speaker 1: has unveiled twenty five percent tariffs on goods from Japan 9 00:00:44,094 --> 00:00:47,974 Speaker 1: and Korea, which are Australia's second and third biggest export 10 00:00:48,094 --> 00:00:51,734 Speaker 1: markets and its third and fourth top two way training partners. 11 00:00:52,774 --> 00:00:55,534 Speaker 1: Australia has not received a tariff letter, meaning most of 12 00:00:55,574 --> 00:00:58,774 Speaker 1: its exports to the US remained subject to the baseline 13 00:00:58,854 --> 00:01:02,014 Speaker 1: ten percent, while steel and aluminium has had a fifty 14 00:01:02,054 --> 00:01:06,974 Speaker 1: percent tariff imposed. Prime Minister Anthony Albanizi maintained the higher 15 00:01:07,054 --> 00:01:10,654 Speaker 1: tariffs on Japan and Korea would not raise domestic prices 16 00:01:10,974 --> 00:01:14,334 Speaker 1: because the federal government was not increasing tariffs. He says 17 00:01:14,334 --> 00:01:18,094 Speaker 1: the penalty falls to the US. The government would continue 18 00:01:18,094 --> 00:01:21,174 Speaker 1: to try to negotiate a total exemption from u S tariffs, 19 00:01:21,174 --> 00:01:23,614 Speaker 1: he says, even though no country in the world has 20 00:01:23,694 --> 00:01:27,334 Speaker 1: done so. But Opposition leader Susan Lee says it will 21 00:01:27,374 --> 00:01:30,094 Speaker 1: be difficult for those discussions to occur if the Prime 22 00:01:30,134 --> 00:01:33,134 Speaker 1: Minister couldn't secure a face to face meeting with the President. 23 00:01:33,694 --> 00:01:36,614 Speaker 1: While the tariffs are unlikely to have a significant direct 24 00:01:36,654 --> 00:01:40,614 Speaker 1: impact on Australia, the uncertainty they create could wreak havoc 25 00:01:40,654 --> 00:01:45,094 Speaker 1: on living standards across the globe. Australia's Jewish community is 26 00:01:45,134 --> 00:01:47,854 Speaker 1: pushing the federal government to set up a national task 27 00:01:47,934 --> 00:01:51,814 Speaker 1: force to curb anti Semitism. A Victorian task force will 28 00:01:51,854 --> 00:01:55,134 Speaker 1: examine police powers after a spate of anti Semitic incidents 29 00:01:55,174 --> 00:01:58,294 Speaker 1: in Melbourne in recent days, including an alleged arson on 30 00:01:58,334 --> 00:02:02,374 Speaker 1: the East Melbourne Synagogue that forced twenty worshipers inside to flee. 31 00:02:02,774 --> 00:02:05,334 Speaker 1: A Sydney man has been charged over the fire, which 32 00:02:05,334 --> 00:02:09,214 Speaker 1: occurred seven months after a separate arson attack against another synagogue. 33 00:02:09,374 --> 00:02:13,014 Speaker 1: On Friday night, at Israeli restaurant was damaged following a rally, 34 00:02:13,334 --> 00:02:18,174 Speaker 1: including smashed windows and flipped tables and chairs. Also on Friday, 35 00:02:18,254 --> 00:02:22,174 Speaker 1: a group spray painted cars with antisemitic inferences, then set 36 00:02:22,174 --> 00:02:25,774 Speaker 1: them alight in the city's northeast. A fourth incident involved 37 00:02:25,854 --> 00:02:28,974 Speaker 1: stencils used to spray paint offensive images on pillars and 38 00:02:29,014 --> 00:02:32,654 Speaker 1: walls near a Holocaust museum. The Reserve Bank has kept 39 00:02:32,654 --> 00:02:35,054 Speaker 1: the cash rate on hold, in a move that will 40 00:02:35,054 --> 00:02:39,654 Speaker 1: disappoint borrowers hoping for further mortgage relief. The surprise decision 41 00:02:39,694 --> 00:02:43,534 Speaker 1: went against expectations of most traders and economists, who were 42 00:02:43,614 --> 00:02:47,134 Speaker 1: leaning towards a twenty five basis point cut to reflect 43 00:02:47,214 --> 00:02:52,094 Speaker 1: under control inflation and sluggish retail spending. However, the enduringly 44 00:02:52,174 --> 00:02:56,214 Speaker 1: strong jobs market and home prices trending higher suggest the 45 00:02:56,254 --> 00:02:59,654 Speaker 1: economy is still in decent shape, proving enough to keep 46 00:02:59,694 --> 00:03:02,894 Speaker 1: the Central Bank cautiously on the sidelines for a bit longer. 47 00:03:03,454 --> 00:03:07,494 Speaker 1: The RBA Board says maintaining price stability and full employment 48 00:03:07,694 --> 00:03:10,494 Speaker 1: was the priority the board's as it could wait for 49 00:03:10,534 --> 00:03:13,814 Speaker 1: a little more information to confirm that inflation remains on 50 00:03:13,934 --> 00:03:17,654 Speaker 1: track to reach two point five percent on a sustainable basis, 51 00:03:18,174 --> 00:03:21,974 Speaker 1: and that monetary policy is well placed to respond decisively 52 00:03:22,214 --> 00:03:26,014 Speaker 1: to international developments if they were to have material implications 53 00:03:26,054 --> 00:03:30,414 Speaker 1: for activity and inflation in Australia. Pop star Jesse Jay's 54 00:03:30,494 --> 00:03:34,374 Speaker 1: cancer has not spread following her recent mistectomy. The thirty 55 00:03:34,374 --> 00:03:37,294 Speaker 1: seven year old British singer and former The Voice Australia 56 00:03:37,374 --> 00:03:40,254 Speaker 1: judge has taken to social media to share a positive 57 00:03:40,294 --> 00:03:43,614 Speaker 1: health update amid her ongoing cancer battle. In a video 58 00:03:43,734 --> 00:03:47,334 Speaker 1: posted on Instagram, Sky Jesse's two year old son says, 59 00:03:47,654 --> 00:03:51,254 Speaker 1: mummy is going to be okay. Jesse captioned the video 60 00:03:51,334 --> 00:03:54,734 Speaker 1: with I am okay and confirmed the cancer had not spread. 61 00:03:55,214 --> 00:03:58,174 Speaker 1: She first shared news of her cancer diagnosis via an 62 00:03:58,174 --> 00:04:01,574 Speaker 1: Instagram post on June three, admitting at the time that 63 00:04:01,614 --> 00:04:04,054 Speaker 1: she'd been going back and forth over whether to share 64 00:04:04,054 --> 00:04:07,494 Speaker 1: the news with the public. Jesse confessed that she was 65 00:04:07,534 --> 00:04:10,774 Speaker 1: still trying to process the news herself. However, she ultimately 66 00:04:10,774 --> 00:04:13,534 Speaker 1: felt it was important to share the news with her fans. 67 00:04:14,894 --> 00:04:18,094 Speaker 1: That's your evening news headlines on tomorrow's episode of The Quickie. 68 00:04:18,494 --> 00:04:21,334 Speaker 1: This year marks the fiftieth night Off Week, so we're 69 00:04:21,374 --> 00:04:23,654 Speaker 1: taking a look at how it all started and why 70 00:04:23,694 --> 00:04:27,254 Speaker 1: it matters. Listen to The Quickie wherever you get your podcasts.