1 00:00:05,160 --> 00:00:08,680 Speaker 1: From the Daily Ods. I'm Zara saidler, I'm Emma Gillespie. 2 00:00:08,720 --> 00:00:11,560 Speaker 1: It's Wednesday, the twenty fifth of February, and just a 3 00:00:11,600 --> 00:00:14,360 Speaker 1: quick heads up. The audio over this pod might sound 4 00:00:14,360 --> 00:00:17,560 Speaker 1: a bit different, and that's because we are thrilled to 5 00:00:17,600 --> 00:00:20,200 Speaker 1: be moving officers. We'll bring you all the news on that, 6 00:00:20,360 --> 00:00:21,919 Speaker 1: but first let's get to the headlines. 7 00:00:24,760 --> 00:00:27,720 Speaker 2: The Australian Bureau of Statistics has released its first round 8 00:00:27,760 --> 00:00:30,680 Speaker 2: of inflation data for twenty twenty six. The figures show 9 00:00:30,720 --> 00:00:33,920 Speaker 2: headline inflation, which includes a broad range of goods and services, 10 00:00:33,960 --> 00:00:37,479 Speaker 2: remained steady for January at three point eight percent. However, 11 00:00:37,479 --> 00:00:39,879 Speaker 2: the annual trimmed mean the rate of inflation once you 12 00:00:39,920 --> 00:00:43,560 Speaker 2: remove extreme price changes on either side, increased from three 13 00:00:43,560 --> 00:00:46,640 Speaker 2: point three to three point four percent. Housing was the 14 00:00:46,760 --> 00:00:50,040 Speaker 2: largest contributor to rising prices over the year, up six 15 00:00:50,080 --> 00:00:53,959 Speaker 2: point eight percent, while electricity costs throws by more than 16 00:00:54,040 --> 00:00:57,320 Speaker 2: ten percent to thirty two point two percent. That increase 17 00:00:57,400 --> 00:00:59,680 Speaker 2: was due to the end of state and federal rebates 18 00:00:59,680 --> 00:01:03,240 Speaker 2: for powers. Federal Treasurer Jim Chalmers warned higher levels of 19 00:01:03,280 --> 00:01:06,679 Speaker 2: inflation will stick around for several months, with the Reserve 20 00:01:06,720 --> 00:01:09,720 Speaker 2: Bank expected to lift interest rates further when it meets 21 00:01:09,880 --> 00:01:10,480 Speaker 2: next month. 22 00:01:13,160 --> 00:01:15,640 Speaker 1: New South Wales police have arrested two men over the 23 00:01:15,680 --> 00:01:20,039 Speaker 1: alleged kidnapping and murder of eighty five year old Chris Bagsarian. Remains, 24 00:01:20,080 --> 00:01:22,600 Speaker 1: believed to be those of the Sydney grandfather, were found 25 00:01:22,600 --> 00:01:25,680 Speaker 1: in Bushland on the northern outskirts of the city on Tuesday, 26 00:01:25,959 --> 00:01:29,800 Speaker 1: eleven days after his abduction. Bagsarian was taken from his 27 00:01:29,920 --> 00:01:32,880 Speaker 1: home on the thirteenth of February in what authorities believed 28 00:01:32,880 --> 00:01:36,120 Speaker 1: to be a case of mistaken identity. Police suspect the 29 00:01:36,160 --> 00:01:39,000 Speaker 1: intended target for the abduction was a person with links 30 00:01:39,040 --> 00:01:42,760 Speaker 1: to organized crime who lived nearby. Detectives arrested a twenty 31 00:01:42,840 --> 00:01:45,400 Speaker 1: nine and twenty four year old man in northwest Sydney 32 00:01:45,440 --> 00:01:50,000 Speaker 1: this morning. The men remain under police questioning as investigations continue. 33 00:01:52,480 --> 00:01:56,320 Speaker 2: Australian logistics software company wise Tech Global has announced it 34 00:01:56,360 --> 00:01:58,760 Speaker 2: will cut more than a quarter of its workforce as 35 00:01:58,760 --> 00:02:03,040 Speaker 2: it leans into artificlw intelligence. About two thousand jobs will 36 00:02:03,040 --> 00:02:05,840 Speaker 2: be slashed, focused on engineers who write code for the 37 00:02:05,880 --> 00:02:10,040 Speaker 2: technology giant. Wise Tech CEO Zubnapu said the era of 38 00:02:10,120 --> 00:02:13,960 Speaker 2: manually writing code as the core act of engineering is over. 39 00:02:14,360 --> 00:02:17,840 Speaker 2: He acknowledged the impact of the AI transition on outgoing 40 00:02:17,880 --> 00:02:20,280 Speaker 2: staff and said the decision to cut jobs was not 41 00:02:20,360 --> 00:02:24,960 Speaker 2: taken lightly, but was quote necessary to ensure we remained disciplined, nimble, 42 00:02:25,040 --> 00:02:28,840 Speaker 2: competitive and future ready. The announcement came as Wisetech grew 43 00:02:28,919 --> 00:02:32,280 Speaker 2: its half year revenue by seventy six percent to six 44 00:02:32,400 --> 00:02:35,919 Speaker 2: hundred and seventy two million US dollars around nine hundred 45 00:02:35,919 --> 00:02:37,600 Speaker 2: and fifty one million Aussie dollars. 46 00:02:40,280 --> 00:02:44,000 Speaker 1: And today's good news, Australian photographer Jhono Allen has taken 47 00:02:44,000 --> 00:02:47,079 Speaker 1: out the top prize at this year's World Nature Photographer 48 00:02:47,200 --> 00:02:49,880 Speaker 1: of the Year Awards. Alan won with his image of 49 00:02:49,919 --> 00:02:53,280 Speaker 1: a rare white humpback whale calf traveling with her mother 50 00:02:53,360 --> 00:02:56,320 Speaker 1: off the coast of Tonga. The underwater photographer called the 51 00:02:56,320 --> 00:02:59,160 Speaker 1: moment one of the most extraordinary days he had ever 52 00:02:59,240 --> 00:03:00,720 Speaker 1: experienced in the ocean. 53 00:03:01,240 --> 00:03:03,680 Speaker 2: That's it from the Daily os newsroom for today, but 54 00:03:03,720 --> 00:03:05,960 Speaker 2: if you are looking for something else, you can catch 55 00:03:06,040 --> 00:03:08,480 Speaker 2: up on this morning's deep dive on the operation to 56 00:03:08,520 --> 00:03:10,639 Speaker 2: capture Mexico's most wanted man. 57 00:03:10,919 --> 00:03:13,560 Speaker 1: We'll be back tomorrow morning with another deep dive, but 58 00:03:13,760 --> 00:03:21,240 Speaker 1: until then, have a great evening. My name is Lily 59 00:03:21,240 --> 00:03:24,639 Speaker 1: Maddon and I'm a proud Arunda Bunjelung Calcottin woman from 60 00:03:24,680 --> 00:03:29,040 Speaker 1: Gadighl country. The Daily oz acknowledges that this podcast is 61 00:03:29,080 --> 00:03:31,560 Speaker 1: recorded on the lands of the Gadighl people and pays 62 00:03:31,560 --> 00:03:34,800 Speaker 1: respect to all Aboriginal and Torres s right island and nations. 63 00:03:35,120 --> 00:03:38,040 Speaker 1: We pay our respects to the first peoples of these countries, 64 00:03:38,160 --> 00:03:39,360 Speaker 1: both past and present.