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Speaker 1: International correspondence with ends in eye insurance, peace of mind

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Speaker 1: for New Zealand business. Murray, i'ld just with us Australia correspondent.

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Speaker 1: You'll be dancing with the RBA decision. Murray.

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Speaker 2: Well, yes, very good afternoon, Ryan. A lot of people

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Speaker 2: will be very happy. I mean, there's not a lot

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Speaker 2: of money. If you've got a six hundred thousand dollars

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Speaker 2: mortgage over here, it'll cut your repayments by about one

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Speaker 2: hundred bucks a month. But since the bank began lifting

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Speaker 2: rates before the twenty twenty two election, repayments on that

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Speaker 2: same mortgage have risen by nearly fifteen hundred bucks a month,

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Speaker 2: So you're going to be saving one hundred down off

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Speaker 2: that high of fifteen hundred. I mean this interest a

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Speaker 2: big pardon. The official cash rate over here was at

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Speaker 2: a thirteen year high, and it's been there for four years.

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Speaker 2: It's been a long, long long time. Just about every

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Speaker 2: economist over here said the Board would cut rates. Inflation

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Speaker 2: was easing significantly. The December quarter was two point four.

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Speaker 2: That was the annual rate. The underlying rate of inflation,

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Speaker 2: which is the one the Reserve Bank looks at most

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Speaker 2: closely because it strips out all the volatile things. That

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Speaker 2: was three point two, marginally outside the two to three

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Speaker 2: percent band the Reserve Bank's looking for. So yes, interest

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Speaker 2: rate cuts on the way here. It won't be the

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Speaker 2: first this year, That's what they're all saying. Anthony Albanezi

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Speaker 2: very happy. Indeed, it's a bit of a spring in

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Speaker 2: his step given the awful opinion polls of recent days.

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Speaker 2: And you know, for I suppose sentiment, I mean, the

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Speaker 2: country has been flatters attacked, notwithstanding good job figures, and

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Speaker 2: a lot of people have been balancing on a knife's

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Speaker 2: edge around the kitchen tables of the country. So this

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Speaker 2: is good news, no doubt about it.

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Speaker 1: Yeah, absolutely, and instated first in a very long time,

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Speaker 1: this video that we would lead our news, that actually

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Speaker 1: led our six o'clock news over here in New Zealand

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Speaker 1: of the Sydney nurses who were saying, oh you will

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Speaker 1: just you know, let the Israelis die basically, or even

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Speaker 1: you know, kill them, kill them in hospital. And you've

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Speaker 1: had some blowback from groups, Well we have.

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Speaker 2: I don't know what you thought. I saw that video,

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Speaker 2: and I saw it the number of times it felt

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Speaker 2: sick in the guts. But they looked like a couple

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Speaker 2: of young, dumb buffheads who were almost showing off to

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Speaker 2: each other and try to hit this Israeli guy who

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Speaker 2: was playing him like a fiddle. That was my initial take.

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Speaker 2: Having said that, I mean it was disgraceful the fet

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Speaker 2: the governments of all levels were busy slapping these kids

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Speaker 2: silly and know they've been Sackeder's nurses won't work in

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Speaker 2: New South Wales again. So predictably, almost as a coalition

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Speaker 2: of Australian Muslim groups who have said this is all

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Speaker 2: about manufactured outrage on the part of those that were

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Speaker 2: upset by the video. These Muslim groups have put out

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Speaker 2: a statement saying, quote it condemns the hypocrisy over the

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Speaker 2: video where I'm here, it's calculated, politically motivated outrage. It's

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Speaker 2: not a failure of consistency, it's the deliberate engineering of

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Speaker 2: public morality. The frustration and anger directed at Israel, because

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Speaker 2: of course that's what the new US as. We're saying

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Speaker 2: we don't like Israel, and Israelis will be killed or

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Speaker 2: targeted if they come into my hospital bedrooms. The frustration.

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Speaker 2: Now the director of Israel's a direct response to Israel's

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Speaker 2: violent and inhumane policies. It's not an expression of hatred,

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Speaker 2: of hatred towards Jewish people. Well, you can split here

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Speaker 2: and you're like, this is going to go down like

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Speaker 2: a lead balloon just about everywhere. It's almost sad in

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Speaker 2: a way that these buzzont grips have felt compelled to

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Speaker 2: come out and say these things. I don't forget one

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Speaker 2: of them. His book Tahia is actually banned in the UK.

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Speaker 2: It's on the edge. It's pretty extreme. So this is,

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Speaker 2: as you say, blowback Ryan from the outrage it was

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Speaker 2: expressed a week ago.

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Speaker 1: You've got this. We have this problem here too, the

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Speaker 1: e bikes and the scooters catching fire because of the batteries.

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Speaker 1: But quite a bad one in west of Sydney.

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Speaker 2: Oh dreadful last night. While early this morning six o'clock,

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Speaker 2: there were six young people in a rented property in

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Speaker 2: the western suburbs of Sydney at Guilford. They think it's

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Speaker 2: an e scooter. They have to do more forensic testing

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Speaker 2: of the of the of the house, what's left of

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Speaker 2: the house, but five of the residents got out alive.

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Speaker 2: It looks like the sixth a young man was trapped

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Speaker 2: in his bedroom and the dreadful feeling is that perhaps

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Speaker 2: he was charging his e scooter in the bedroom the

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Speaker 2: things caught fire. What fire and safety offices over here

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Speaker 2: fire fighters have been saying for months and months and months,

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Speaker 2: it's like a thermal runaway fire. It's not something you

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Speaker 2: can put out with a cup of water. This thing

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Speaker 2: takes on a life of its own and you simply

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Speaker 2: can't put them out. And if the scooter that's blazing

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Speaker 2: away is between you and the only door out of

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Speaker 2: the room, it's not going to end well for you.

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Speaker 2: And so that's why they're saying, if you're going to

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Speaker 2: charge these things, charge them outside, Charge them, not in

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Speaker 2: a exit route out of the home or out of

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Speaker 2: the property where you are. It's the third death in

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Speaker 2: New South Wales that's now being attributed to these things.

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Speaker 2: But have a listen to the three fires in Sydney

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Speaker 2: in the last twenty four hours, well of them fatal.

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Speaker 2: Twenty eight fires and ten injuries this year alone, and

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Speaker 2: more than three hundred e scooter or e bike fires

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Speaker 2: last year. But it's not just big batteries. There's one

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Speaker 2: thousand files a month last year from electric toothbrushes, from

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Speaker 2: things like Kenny's Toys. They've got these batteries in they

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Speaker 2: go out in the recycling and in the rubbish and

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Speaker 2: they're catching fire in rubbish recycling centers or in the

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Speaker 2: back of rubbish trucks. It's a very big problem. Not

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Speaker 2: sure how they're going to deal with it.

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Speaker 1: To be frank, no, it sounds like it's getting a

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Speaker 1: little out of hand. Murray, thank you for that. Murray.

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Speaker 1: Old's our Australia correspondent with US just confirming the RBA

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Speaker 1: has cut their first time since twenty twenty that the

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Speaker 1: Reserve Bank of Australia has cut their official cash right

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Speaker 1: over there. We're expecting ours of course tomorrow. We'll have

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Speaker 1: Brad Olsen on that after sixth this evening. For more

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Speaker 1: from Hither Duplessy Allen Drive, listen live to news talks

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