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Speaker 1: From the Daily Os. I'm Emma, I'm Billy. It's Tuesday,

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Speaker 1: the eighteenth of February. Here's what's making headlines this evening.

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Speaker 2: The Reserve Bank of Australia has lowered its cash rate

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Speaker 2: for the first time since November twenty twenty. The RBA

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Speaker 2: cut interest rates from four point three five percent to

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Speaker 2: four point one percent. It comes after Australia's central banks

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Speaker 2: started lifting interest rates in twenty twenty two to combat

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Speaker 2: high inflation. In a statement today, the RBA Board said

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Speaker 2: inflation has fallen substantially since the peak in twenty twenty two.

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Speaker 2: Treasure Jim Chalmers has confirmed the point twenty five percent

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Speaker 2: interest rate cut will be passed on to borrowers of

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Speaker 2: each of the big four banks, that's ain, Z, Combank,

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Speaker 2: NAB and Westpac.

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Speaker 1: Australia's most notorious pedophile, priest Gered Ridsdale, has died in prison,

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Speaker 1: aged ninety. The former Catholic priest was found guilty of

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Speaker 1: child abuse in nineteen ninety three. The offenses related to

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Speaker 1: seventy two individuals and took place in central and southwestern Victoria.

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Speaker 1: Over several decades, church leaders received multiple complaints about Ridsdale's

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Speaker 1: abuse who was moved across sixteen different parishes in the sixties,

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Speaker 1: seventies and eighties. During his more than thirty years behind bars,

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Speaker 1: Ridsdale was sentenced eight more times for hundreds of historic

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Speaker 1: child abuse charges, bringing his total sentence to forty years.

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Speaker 1: Victoria police brought a further sixty two charges against him

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Speaker 1: last year. It's understood the ninety year old died in

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Speaker 1: the medical unit of Port Phillip Prison west of Melbourne.

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Speaker 2: At least eighteen people have been injured after a passenger

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Speaker 2: plane flipped upside down at Toronto Airport. The Delta flight

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Speaker 2: was carrying eighty people when it touched down in heavy

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Speaker 2: wind and snow, lost control on the icy runway and overturned.

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Speaker 2: A statement from Delta Airlines said initial reports indicate there

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Speaker 2: are no fatalities and eighteen customers with injuries have been

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Speaker 2: transported to hospital. Our primary focus is taking care of

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Speaker 2: those impacted. The Meteorological Service of Canada recorded minus eight

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Speaker 2: degree temperatures and sixty kilometers per hour winds at Toronto

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Speaker 2: peace In International Airport around the time of the incident.

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Speaker 2: Delta said it has canceled flights to and from the

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Speaker 2: airport for the rest of the day.

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Speaker 1: And today's good news. Archaeologists have discovered a two thousand

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Speaker 1: year old basilica beneath a London office building. Researchers had

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Speaker 1: suspected Roman ruins may lie beneath the Commercial CBD building,

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Speaker 1: but it was unclear what condition they might be in.

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Speaker 1: The building owners opened the site for the Museum of

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Speaker 1: London to investigate, where they discovered quote massive foundations and

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Speaker 1: walls over ten meters long. The museum estimates the basilica

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Speaker 1: was built around eighty CE and would have served as

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Speaker 1: Roman London's political, judicial, commercial and social hub. It described

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Speaker 1: the find as one of London's most significant discoveries in

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Speaker 1: recent years. The team will now expand its exploration of

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Speaker 1: the site to investigate the remains further.

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Speaker 2: That's the latest from the dally Os newsroom. If you're

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Speaker 2: looking for something else to listen to, make sure you

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Speaker 2: catch up on today's deep dive on what the latest

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Speaker 2: polls tell us about the upcoming election in Australia.

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Speaker 1: We'll be back tomorrow morning with another deep dive, but

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Speaker 1: until then, have a good one.

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Speaker 2: My name is Lily Maddon and I'm a proud Arunda

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Speaker 2: Bunjelung Calkotin woman from Gadighl country. The Daily oz acknowledges

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Speaker 2: that this podcast is recorded on the lands of the

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Speaker 2: Gadighl people and pays respect to all Aboriginal and Torres

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Speaker 2: Strait island and nations. We pay our respects to the

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Speaker 2: first peoples of these countries, both past and present.