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Speaker 1: Good morning everyone, Welcome to the Daily OS. Wednesday, the

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Speaker 1: seventh of July. Now this day could be the day

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Speaker 1: we hear from New South Wales Premier gladys Burygiclian about

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Speaker 1: the relaxing of restrictions ZARA. On a scale of one

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Speaker 1: to gladys how excited are you pretty glad? That's funny?

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Speaker 1: That was actually good?

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Speaker 2: Thank you so much.

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Speaker 1: What's making news today today?

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Speaker 2: As always we're giving an update on the latest cases

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Speaker 2: the cross country, Then some news from the RBA that

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Speaker 2: dropped yesterday, some good news from Italy and a chat

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Speaker 2: about billionaires going to space.

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Speaker 1: New South Wales recorded eighteen locally acquired cases of COVID

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Speaker 1: nineteen to eight pm on Monday. Sixteen of these were

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Speaker 1: linked to a nine cluster and eleven were in isolation

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Speaker 1: during the entirety of their infectious period. Premier Gladysbury Jiclian

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Speaker 1: was relatively upbeat about these results. Meanwhile, Queensland recorded one

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Speaker 1: locally acquired case that was connected to the alpha variant

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Speaker 1: outbreak and that person was in isolation.

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Speaker 2: So yes, Today, the Reserve Bank of Australia the RBA,

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Speaker 2: decided to maintain the national interest rate at zero point

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Speaker 2: one percent before we continue, Sam, what is the interest rate?

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Speaker 1: Think of me as Margot Robbie in the bathtub. The

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Speaker 1: interest rate is the cost of borrowing money from the bank.

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Speaker 1: When interest rates are low, the bank wants you to borrow.

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Speaker 1: When interest rates are high, the bank doesn't want you

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Speaker 1: to borrow.

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Speaker 2: So at the moment, they're extremely low, and the RBA

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Speaker 2: has said that it is unlikely to move these interest

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Speaker 2: rates until at least twenty twenty four and that interest

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Speaker 2: rates will not rise until inflation is quote sustainably within

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Speaker 2: the two to three percent target range. Here's what the

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Speaker 2: RBA Governor Philip Lowe said yesterday about the impact of

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Speaker 2: border closures.

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Speaker 3: In the short term. The closure of the borders I

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Speaker 3: think is having a significant effect on the economy. It's

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Speaker 3: obviously affecting people's lives, and it's affecting business decisions, and

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Speaker 3: it's affecting the labor market. I think it's a plausible

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Speaker 3: central case that over the next year we see a

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Speaker 3: gradual opening of the borders.

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Speaker 1: More than sixty people in Indonesia have died in the

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Speaker 1: hospital between Saturday and early Sunday after oxygen supply nearly

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Speaker 1: ran out as the country struggles with a major COVID

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Speaker 1: nineteen outbreak. The healthcare system in Indonesia has become strained

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Speaker 1: as the highly contagious delta variant continues to spread. Pressure

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Speaker 1: on oxygen supplies began to ease on Sunday evening when

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Speaker 1: the hospital received additional supplies.

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Speaker 2: Keeping on the theme of COVID nineteen, the good news

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Speaker 2: today is that health authorities in Italy have set up

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Speaker 2: an overnight COVID nineteen vaccination drive to vaccinate people on

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Speaker 2: the margins of society quote the most fragile. Those who

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Speaker 2: took part in the drive included undocumented migrants, foreign students,

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Speaker 2: and people from other countries who legally work couldn't access

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Speaker 2: the vaccine. Each person received the singular Johnson and Johnson

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Speaker 2: vaccine for logistical reasons, because authorities thought it might be

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Speaker 2: difficult to reach those people again for a second dose.

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Speaker 2: So first thing this morning, on a very icy Wednesday morning,

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Speaker 2: Sam texted me saying that he would like to talk

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Speaker 2: about billionaires going to space. Sam has a lot of

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Speaker 2: ideas about things he wants to talk about, but this

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Speaker 2: is one of the wackiest. So talk me through why

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Speaker 2: we are discussing billionaires in space.

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Speaker 1: I just think it's phenomenal that you have these super

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Speaker 1: loaded guys and the main priority they have this year

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Speaker 1: is to beat each other in the new space race.

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Speaker 1: Forget the Soviet Union and the US, It's now all

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Speaker 1: about Richard Branson and Jeff Bezos.

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Speaker 2: Why is there this new space race and how did

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Speaker 2: it originate?

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Speaker 1: So the space race was actually between four billionaires. You've

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Speaker 1: got Bezos and Branson, and then you've got Elon Musk,

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Speaker 1: who you might be familiar with. So Elon Musk was

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Speaker 1: the first of the group to announce his desire to

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Speaker 1: go to space. And I think what they're all tapping

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Speaker 1: into is this next frontier of space tourism. It's very

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Speaker 1: likely that you and I when we're forty or fifty.

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Speaker 1: I don't really think anytime before then will be go

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Speaker 1: own a space for a holiday. Whether that means we're

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Speaker 1: not getting out of a spaceship and we're just looking

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Speaker 1: out the window, or whether we're going to Club med

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Speaker 1: on Mars is a different thing. But I think the

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Speaker 1: sexiness of how cool space tourism is is drawing all

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Speaker 1: of these businessmen to be the first. And so we

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Speaker 1: literally have two people racing to be the first in space.

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Speaker 1: In one corner, we've got founder of the Virgin Group,

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Speaker 1: Richard Branson.

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Speaker 3: Astronaut zero zero one, Richard Branson, I'll be evaluating the

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Speaker 3: customer spaceflight experience.

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Speaker 1: This July, our dream will become a reality. Branson will

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Speaker 1: be aboard the Unity twenty two mission that is part

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Speaker 1: of his space company, Virgin Galactic. He's going to be

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Speaker 1: going with the lead operations engineer, the VP of Research Operations,

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Speaker 1: and Beth Moses, whose Virgin's chief astronaut instructor. Imagine seeing

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Speaker 1: that on LinkedIn. This is actually going to be part

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Speaker 1: of Virgin Galactic's tests for the space tourism of their business,

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Speaker 1: and Branson has said expressly that he's going to check

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Speaker 1: out the customer service aspects of the trip. In the

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Speaker 1: other corner, you've got Amazon CEO Jeff Bezos.

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Speaker 2: You see the Earth from space. That changes you, changes

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Speaker 2: your relationship with this planet, with humanity.

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Speaker 3: It's one Earth.

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Speaker 2: I want to go on this flight because it's the

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Speaker 2: thing I've wanted to do all my life.

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Speaker 1: It's an adventure. It's a big deal for me. As

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Speaker 1: well as being the founder and former CEO of Amazon,

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Speaker 1: Bezos is also the founder of space company Blue Origin.

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Speaker 1: Now Bezos is going along with his brother, but also

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Speaker 1: somebody called Wally Funk, and she underwent training in the

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Speaker 1: nineteen sixties to be an astronaut and will become the

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Speaker 1: oldest person to ever fly to space. Wallyfunk is eighty two.

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Speaker 1: She's lodged over nineteen thousand flight hours across her career

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Speaker 1: and taught about three thousand people to fly. There's also

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Speaker 1: one more passenger on this flight. We don't know who

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Speaker 1: this person is, but they paid twenty eight million US

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Speaker 1: dollars at an auction for a seat on the.

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Speaker 2: Rocket from all the way over here in Australia. It

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Speaker 2: does sound a bit like an ego boosting exercise. Why

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Speaker 2: is this something that we are a talking about today

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Speaker 2: on the daily OS and B? Why is it newsworthy?

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Speaker 1: I think we gravitate in the news cycle towards people

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Speaker 1: pushing the boundaries of how we live our lives, and

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Speaker 1: at one level, everyone can relate to the fact that

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Speaker 1: we take holidays and this is an entirely new way

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Speaker 1: of thinking about travel and tourism that itself, to me

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Speaker 1: makes it newsworthy. On the other hand, I think we're

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Speaker 1: attracted to the fact that Bezos and Branson are really

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Speaker 1: racing now to be the first in space, and there's

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Speaker 1: been a number of mechanical questions being asked about the

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Speaker 1: safety of their aircrafts if they're rushing these missions, and

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Speaker 1: it's got a massive amount of public interest this story.

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Speaker 1: Would I go to space on one of these aircrafts.

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Speaker 1: Probably not. There are a number of unconfirmed reports that

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Speaker 1: the pressure to be first is meaning that it's not safe,

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Speaker 1: but we'll just have to wait and see.

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Speaker 2: On that sky high note, we will leave it there

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Speaker 2: for the day. But if you want to know anything

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Speaker 2: else about this story, I'm sure Sam would be more

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Speaker 2: than happy to discuss it at length. If you're a

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Speaker 2: Sydney Sider who is looking forward to hearing what the

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Speaker 2: Premier has to say at eleven am today, then follow

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Speaker 2: us on Instagram at the dallyi Os for the day's news.

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Speaker 2: Have a wonderful day and stay safe as always.