1 00:00:00,200 --> 00:00:03,640 Speaker 1: Murray Olds is our Australia correspondent, Murray cyclone Alfred heading 2 00:00:03,640 --> 00:00:05,960 Speaker 1: towards Australia. Are people taking this seriously? 3 00:00:06,840 --> 00:00:07,080 Speaker 2: Sure? 4 00:00:07,080 --> 00:00:07,440 Speaker 1: Are Ryan? 5 00:00:07,520 --> 00:00:09,879 Speaker 2: Yeah? Good afternoon. Is the first tropical cyclone to hit 6 00:00:09,920 --> 00:00:13,760 Speaker 2: southeast Queensland in a generation since nineteen ninety prior of 7 00:00:13,800 --> 00:00:16,520 Speaker 2: that nineteen seventy four. And some very wild weathers on 8 00:00:16,560 --> 00:00:18,920 Speaker 2: the way. One hundred and twenty hundred and thirty k 9 00:00:19,079 --> 00:00:21,120 Speaker 2: and our winds up to half a meter of rain 10 00:00:21,200 --> 00:00:24,560 Speaker 2: in some parts, waves up to nine to ten meters high, 11 00:00:24,640 --> 00:00:27,280 Speaker 2: belting into the coast. Well, that's going to cause a 12 00:00:27,280 --> 00:00:29,640 Speaker 2: lot of flash flooding erosion as well from the mid 13 00:00:29,680 --> 00:00:33,200 Speaker 2: North Coast way up past the Sunshine Coast in Queensland, 14 00:00:33,240 --> 00:00:35,560 Speaker 2: the mid North coast of New South Wales. Now that's 15 00:00:35,880 --> 00:00:40,559 Speaker 2: it's well over one thousand kilometers, so it's a very 16 00:00:40,640 --> 00:00:42,680 Speaker 2: very big storm. Locals have been belted, as you know 17 00:00:42,760 --> 00:00:45,880 Speaker 2: in recent years, a very very serious string of bad 18 00:00:45,920 --> 00:00:49,560 Speaker 2: weather events. Shops are busy, some shelves are empty, people 19 00:00:49,640 --> 00:00:51,920 Speaker 2: being urged to buy just what you need for say 20 00:00:51,960 --> 00:00:55,640 Speaker 2: seventy two hours. You've got State Emergency Service volunteers. They 21 00:00:55,640 --> 00:00:57,920 Speaker 2: are on standby up and down the coast. You've got 22 00:00:57,920 --> 00:01:01,279 Speaker 2: special flood rescue teams and play and locals are being 23 00:01:01,360 --> 00:01:05,840 Speaker 2: urged to download the latest apps. That's the emerge now 24 00:01:06,000 --> 00:01:09,280 Speaker 2: is the most effective way to stay in touch with 25 00:01:09,720 --> 00:01:11,560 Speaker 2: all the warnings that are going to be flooding out 26 00:01:11,760 --> 00:01:13,560 Speaker 2: as soon as this big bad boy hits. 27 00:01:14,200 --> 00:01:16,640 Speaker 1: Meanwhile, you've got your Defense minister giving an update on 28 00:01:16,800 --> 00:01:18,920 Speaker 1: when the shipment of tanks is going to be sent 29 00:01:18,959 --> 00:01:21,120 Speaker 1: to Ukraine. Sounds like they could use them now. 30 00:01:21,640 --> 00:01:25,080 Speaker 2: No kidding, it's right with Trump slamming the brakes on 31 00:01:25,160 --> 00:01:28,440 Speaker 2: any more military supplies from the United States. But I'm 32 00:01:28,480 --> 00:01:31,280 Speaker 2: not sure that Ukraine's really going to I'm not sure 33 00:01:31,319 --> 00:01:34,520 Speaker 2: what they're going to say about forty nine Abrams tanks 34 00:01:34,560 --> 00:01:37,600 Speaker 2: near the end of their operational lives. Ukraine wants them, 35 00:01:37,640 --> 00:01:40,520 Speaker 2: of course, and before the northern summer they can get 36 00:01:40,560 --> 00:01:42,480 Speaker 2: them up to speed and the people trained up to 37 00:01:42,560 --> 00:01:44,320 Speaker 2: run them and get them on the front line by 38 00:01:44,440 --> 00:01:48,560 Speaker 2: big year now, Miles Richard Marles, the Defense Minister did 39 00:01:48,600 --> 00:01:51,720 Speaker 2: not give a timeline. He just said, oh, look, you 40 00:01:51,760 --> 00:01:54,520 Speaker 2: know it's going to be soon. Well that's not good 41 00:01:54,640 --> 00:01:57,639 Speaker 2: enough for Key. You visited an Albanezi. The Prime Minister 42 00:01:57,760 --> 00:02:01,600 Speaker 2: again has restated in support for ves suggested he's open 43 00:02:01,680 --> 00:02:05,880 Speaker 2: to sending peacekeepers. This is interesting if requested by Britain. 44 00:02:06,600 --> 00:02:08,760 Speaker 2: Australia is provided to this point one and a half 45 00:02:08,800 --> 00:02:14,639 Speaker 2: billion dollars in aid to Ukraine. And these these Abram tanks, 46 00:02:14,720 --> 00:02:16,680 Speaker 2: forty nine of them, well, they could be on their 47 00:02:16,720 --> 00:02:19,600 Speaker 2: way pretty soon. That's what Ukraine is hoping for. 48 00:02:20,000 --> 00:02:22,200 Speaker 1: These tariffs that Trump's announced today had a bit of 49 00:02:22,240 --> 00:02:23,960 Speaker 1: a hit on your stock market. 50 00:02:24,400 --> 00:02:27,480 Speaker 2: No kidding. Yeah, the Australian market followed Wall Street down, 51 00:02:27,520 --> 00:02:30,160 Speaker 2: the ASX down that one percent is out of the opening, 52 00:02:30,280 --> 00:02:33,200 Speaker 2: lost four point two percent in February, and that's the 53 00:02:33,280 --> 00:02:36,280 Speaker 2: worst month we fall in more than two years. Veiggus 54 00:02:36,360 --> 00:02:39,200 Speaker 2: falls and miners over here worried that China won't need 55 00:02:39,240 --> 00:02:43,200 Speaker 2: as much high all of American tariffs start belting Beijing. 56 00:02:43,320 --> 00:02:45,560 Speaker 2: Iron all down two point two percent out of night. 57 00:02:46,160 --> 00:02:49,200 Speaker 2: Also down energy tech stocks, the big banks as well. 58 00:02:49,680 --> 00:02:52,799 Speaker 2: Investors also over here Ryan waiting for the minutes of 59 00:02:52,880 --> 00:02:56,120 Speaker 2: the Reserve Banks board meeting last week. They decided that 60 00:02:56,280 --> 00:02:59,040 Speaker 2: that board meeting to cut official interest rates by a 61 00:02:59,200 --> 00:03:03,040 Speaker 2: quarter of one And what these boffins, these pointy heads 62 00:03:03,160 --> 00:03:05,639 Speaker 2: far above my plate, grave mate, They are looking for 63 00:03:05,760 --> 00:03:08,320 Speaker 2: clues in the notes about another rate cut, and also 64 00:03:08,440 --> 00:03:11,280 Speaker 2: waiting as well on some pretty important data out later 65 00:03:11,360 --> 00:03:14,560 Speaker 2: this week the latest Carrot account and retail sales figures. 66 00:03:15,360 --> 00:03:17,440 Speaker 1: Nice on, Murray, thank you for that and we'll look 67 00:03:17,480 --> 00:03:19,840 Speaker 1: forward to getting those updates. That's Murray Old's, our Australia 68 00:03:19,880 --> 00:03:20,720 Speaker 1: correspondent with us. 69 00:03:21,639 --> 00:03:24,760 Speaker 2: For more from Hither Duplessy Allen Drive. 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