1 00:00:05,440 --> 00:00:07,120 Speaker 1: From the Daily Os. I'm Sam Kazlowski. 2 00:00:07,360 --> 00:00:09,760 Speaker 2: I'm belief it Simon the twenty. 3 00:00:09,480 --> 00:00:11,880 Speaker 1: Fourth of July. Here's what's making headlines this evening. 4 00:00:14,480 --> 00:00:17,119 Speaker 2: The Governor of the Reserve Bank of Australia says she 5 00:00:17,360 --> 00:00:21,320 Speaker 2: is cautious about cutting interest rates without more evidence inflation 6 00:00:21,480 --> 00:00:25,040 Speaker 2: has stabilized. While inflation is within the target range of 7 00:00:25,079 --> 00:00:28,280 Speaker 2: two to three percent, currently sitting at two point four percent, 8 00:00:28,760 --> 00:00:32,159 Speaker 2: Michelle Bullock is not guaranteeing that RBA will cut rates 9 00:00:32,200 --> 00:00:36,040 Speaker 2: when it meets next month. Speaking in Sydney today, Governor 10 00:00:36,040 --> 00:00:38,920 Speaker 2: Bullock said that RBA wants to make sure that inflation 11 00:00:39,080 --> 00:00:42,960 Speaker 2: remains low and stable from here on in. Bullock noted 12 00:00:43,320 --> 00:00:47,360 Speaker 2: a measured and gradual approach to monetary policy easing is appropriate. 13 00:00:47,840 --> 00:00:50,559 Speaker 2: The Central Bank's decision not to lower rates earlier this 14 00:00:50,640 --> 00:00:53,840 Speaker 2: month came as some surprise, going against the predictions of 15 00:00:53,920 --> 00:00:54,920 Speaker 2: many economists. 16 00:00:57,480 --> 00:01:01,560 Speaker 1: The government has introduced legislation to freeze taxes on draft beer. 17 00:01:02,120 --> 00:01:05,440 Speaker 1: Under current processes, locally made and imported beer are subject 18 00:01:05,600 --> 00:01:09,520 Speaker 1: to increase duties twice a year. This bi annual levy, 19 00:01:09,640 --> 00:01:12,360 Speaker 1: known as the beer Excize, is adjusted in line with 20 00:01:12,400 --> 00:01:17,000 Speaker 1: inflation and generally paid for by manufacturers and importers. However, 21 00:01:17,120 --> 00:01:21,080 Speaker 1: these costs are often passed onto the consumers. Labour promised 22 00:01:21,120 --> 00:01:23,640 Speaker 1: to pause the excis for two years to reduce the 23 00:01:23,680 --> 00:01:26,800 Speaker 1: cost for venues and customers if it was re elected 24 00:01:26,880 --> 00:01:29,040 Speaker 1: in May. In the lead up to the election, Prime 25 00:01:29,040 --> 00:01:32,240 Speaker 1: Minister Anthony Alberanezi said freezing the excise on draft beer 26 00:01:32,360 --> 00:01:34,880 Speaker 1: is a common sense measure that's good for beer drinkers, 27 00:01:35,040 --> 00:01:38,280 Speaker 1: good for brewers and good for pubs. The proposal was 28 00:01:38,319 --> 00:01:40,120 Speaker 1: introduced in the Lower House today. 29 00:01:42,400 --> 00:01:45,479 Speaker 2: Several people have been injured and two civilians are dead 30 00:01:45,560 --> 00:01:49,600 Speaker 2: as violent clashes continue to escalate at Thailand's border with Cambodia. 31 00:01:50,280 --> 00:01:53,520 Speaker 2: Tensions have intensified in recent months over a long standing 32 00:01:53,800 --> 00:01:57,840 Speaker 2: land dispute, with both countries increasing their military presence at 33 00:01:57,840 --> 00:02:01,720 Speaker 2: the border. At least two ties civilians were reportedly killed 34 00:02:01,720 --> 00:02:05,360 Speaker 2: by cross border shelling this week, prompting the evacuation of 35 00:02:05,400 --> 00:02:10,000 Speaker 2: thousands of Thai citizens from border villagers. Thailand's embassy has 36 00:02:10,040 --> 00:02:14,080 Speaker 2: told its citizens to leave Cambodia immediately, while both nations 37 00:02:14,080 --> 00:02:18,840 Speaker 2: have now recalled their ambassadors. According to Cambodian media reports, 38 00:02:19,120 --> 00:02:23,120 Speaker 2: Thai forces have bombarded to local provinces. Each country is 39 00:02:23,160 --> 00:02:25,600 Speaker 2: accusing the other of unprovoked. 40 00:02:24,960 --> 00:02:30,440 Speaker 1: Attacks, and some good news for your Thursday. Archaeologists have 41 00:02:30,560 --> 00:02:33,399 Speaker 1: located the wreckage of a missing eighty three year old 42 00:02:33,440 --> 00:02:36,720 Speaker 1: Japanese warship, The one hundred and thirty four meter destroyer 43 00:02:36,880 --> 00:02:40,240 Speaker 1: known as the Taruzuki, sank off the Solomon Islands during 44 00:02:40,240 --> 00:02:44,480 Speaker 1: World War II. The exact site of the wreckage was unknown. However, 45 00:02:44,639 --> 00:02:49,200 Speaker 1: a joint research collaboration between several institutions, including the University 46 00:02:49,280 --> 00:02:53,880 Speaker 1: of New Hampshire and Kyodo University, has now found it. Tirezuki, 47 00:02:53,919 --> 00:02:57,359 Speaker 1: which translates to Shining Moon, is resting nearly eight hundred 48 00:02:57,400 --> 00:03:00,600 Speaker 1: meters below the surface. That's according to the fire from 49 00:03:00,720 --> 00:03:04,520 Speaker 1: a recent research exploration trip. Officials say the ship is 50 00:03:04,560 --> 00:03:09,160 Speaker 1: in excellent condition considering its age. Marine archaeologist Phil Hartemeier 51 00:03:09,320 --> 00:03:12,160 Speaker 1: was involved in the discovery, and he said only by 52 00:03:12,200 --> 00:03:15,680 Speaker 1: exploring our planet's unknown waters can these significant stories of 53 00:03:15,680 --> 00:03:19,200 Speaker 1: sacrifice and human connection to our ocean be brought to light. 54 00:03:20,480 --> 00:03:22,720 Speaker 2: That's the latest from the Daily Oz newsroom. If you're 55 00:03:22,720 --> 00:03:25,160 Speaker 2: looking for something else to listen to, check out today's 56 00:03:25,160 --> 00:03:28,360 Speaker 2: deep dive on the latest on the AID killings in Gaza. 57 00:03:28,960 --> 00:03:31,680 Speaker 1: We'll be back tomorrow with another deep dive, but until then, 58 00:03:31,840 --> 00:03:32,520 Speaker 1: enjoy your evening. 59 00:03:36,760 --> 00:03:39,080 Speaker 2: My name is Lily Maddon and I'm a proud Arunda 60 00:03:39,320 --> 00:03:44,120 Speaker 2: Bunjelung Caalguttin woman from Gadigol Country. The Daily oz acknowledges 61 00:03:44,200 --> 00:03:46,320 Speaker 2: that this podcast is recorded on the lands of the 62 00:03:46,360 --> 00:03:49,920 Speaker 2: Gadighl people and pays respect to all Aboriginal and torres 63 00:03:50,040 --> 00:03:52,840 Speaker 2: Rate island and nations. We pay our respects to the 64 00:03:52,880 --> 00:03:55,640 Speaker 2: first peoples of these countries, both past and present.