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Speaker 1: International correspondence with ends and Eye Insurance. Peace of mind

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Speaker 1: for New Zealand business Muriol's Elty correspondents to us Alomas.

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Speaker 2: Good afternoon, Heather.

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Speaker 1: So the old RBA decision name.

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Speaker 2: Yeah, not unexpected by any means, up one quarter one percent.

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Speaker 2: The cash rate now three point eighty five percent, up

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Speaker 2: from three point six as you just mentioned there, the

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Speaker 2: first time it's gone up since November twenty three. There

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Speaker 2: were three rate cuts last year. That was the kind

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Speaker 2: of optimistic scenario that many people were hoping would continue

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Speaker 2: into twenty twenty six. But you've got inflation that has

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Speaker 2: jumped significantly, well outside the Reserve Bank the target range

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Speaker 2: of between two and three percent. You've got a very

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Speaker 2: strong jobs market, sixty five and a half thousand jobs

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Speaker 2: created in December, so that feeds into the inflation data

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Speaker 2: as well. Government spending it is very very high. Hasn't

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Speaker 2: been as high as a share of GDP since I

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Speaker 2: heard one figure today the mid nineteen eighties. The spending,

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Speaker 2: huge amount of spending on government debt, the interest on

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Speaker 2: government debt, I should say, the National Disability Insurance scheme, defense,

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Speaker 2: aged care, childcare. So there's lots and lots of demands

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Speaker 2: in the public purse and all of this feeding into

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Speaker 2: this Reserve Bank decision this afternoon.

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Speaker 1: What is the latest with the Liberals and the Nationals?

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Speaker 1: Have they not managed to patch this up?

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Speaker 2: Oh, it's it's like watching a slow motion train crash.

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Speaker 2: Someone I said on radio days like a mark a

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Speaker 2: very unfunny Marx Brothers sketch. Basically look Susan Lee has

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Speaker 2: offered to bring the coalition back together as long as

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Speaker 2: the three National senators across the floor who breached this

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Speaker 2: the solidarity of shadow Cabinet, they have to be benched

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Speaker 2: for six months. She's prepared to cop that disgraceful display

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Speaker 2: from that little flea who runs the junior coalition party,

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Speaker 2: the National's Party, David Little Proud, I mean just completely

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Speaker 2: childish and out of his depth. I mean, let's blow

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Speaker 2: it all up because I'm not very happy with Susan Lee.

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Speaker 2: I mean grower set Son. So you've got those three

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Speaker 2: heavyweight Nationals who will have to be benched. She's prepared

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Speaker 2: to work with Little Proud and whilever this is the case,

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Speaker 2: you've got the shambles on the right wing of the

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Speaker 2: Liberal Party who can't make up their mind if they

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Speaker 2: want to challenge her or not. Oh, we don't like Susan.

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Speaker 2: She's far too moderate. She's a big wet you know,

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Speaker 2: she's like labor light. But no one has the ticker

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Speaker 2: on the right side. Not Angus Taylor. Honestly goodness, you

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Speaker 2: wouldn't put him in charge of a tuch shop at

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Speaker 2: a primary school and he's the guy who wants to

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Speaker 2: be the new Liberal leader. What on earth is she

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Speaker 2: doing wrong? That's what many people are saying. And what

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Speaker 2: a good look for them to have some anonymous bloken

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Speaker 2: a blue suit and a fake smile knifing the first

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Speaker 2: female leader of the Australian Liberal But it's just terrible.

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Speaker 2: It's not terrible.

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Speaker 1: What's going to happen with the protests? You guys have

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Speaker 1: got quite quite a strong pro Palestine protest movement, So

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Speaker 1: what's going to happen with the Israeli president's visit?

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Speaker 2: Right the exactly as you alluded to there on the

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Speaker 2: back of what happened at Bondi Beach. Well, let's go back,

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Speaker 2: you know to October seven. From that day there was

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Speaker 2: almost weekly protest by this pro Palestine action group very

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Speaker 2: strongly supportive of the Palestinian cause. So you've had this

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Speaker 2: situation in the lead up to the disaster at Bondi

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Speaker 2: Beach in December. On the in the wake of that heather,

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Speaker 2: the New South Wales state government rushed laws through the

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Speaker 2: parliament giving police the powers to block in the interest

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Speaker 2: of public safety, the powers to block for a fortnight

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Speaker 2: planned demonstrations in New South Wales. The protests. The protest

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Speaker 2: leaders have to apply to police for permission to stage

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Speaker 2: a protest in public streets. So the Police Commissioner has

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Speaker 2: said today listen with President Herzog of Israel coming here

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Speaker 2: the dates between February eighth and February and February twelve,

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Speaker 2: the atmosphere is just not right to allow public protests

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Speaker 2: in the interest of public safety, these are going to

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Speaker 2: be banned. By way of background, he said, there have

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Speaker 2: been ten acts of anti Semitism that are being investigated

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Speaker 2: by police. That's just in the last two weeks. You've

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Speaker 2: had threatening phone calls made to Jewish leaders in town

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Speaker 2: here and basically what you've got, you've got a standoff

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Speaker 2: now I mean is you know, the president of Israel

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Speaker 2: is regarded by many here as a war criminal. So look,

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Speaker 2: it's a very difficult and challenging position for police. You're

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Speaker 2: going to have lots and lots of police out here

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Speaker 2: looking to protect Herzov. He's been invited here by Albanezi

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Speaker 2: in a I suppose a show of support, if you will,

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Speaker 2: for Australia's Jewish community that was absolutely gutted by what

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Speaker 2: happened to Pondo.

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Speaker 1: Yeah, Mazz, thanks for talking us through at Marry Olds,

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Speaker 1: Australia Correspondent. For more from Hither Duplessy Allen Drive, listen

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Speaker 1: live to news Talks. It'd be from four pm weekdays,

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Speaker 1: or follow the podcast on iHeartRadio