1 00:00:05,480 --> 00:00:08,039 Speaker 1: From the Daily Os. I'm Elliott, Lorie, I'm Sam Kazlowski. 2 00:00:08,280 --> 00:00:10,920 Speaker 1: It's Tuesday, the twentieth of May. Here's what's making headlines 3 00:00:10,960 --> 00:00:11,400 Speaker 1: this evening. 4 00:00:14,360 --> 00:00:16,919 Speaker 2: The Reserve Bank of Australia has reduced the cash rate 5 00:00:17,000 --> 00:00:20,040 Speaker 2: to a two year low of three point eight five percent. 6 00:00:20,520 --> 00:00:23,280 Speaker 2: It comes after the Central Bank started to increase rates 7 00:00:23,360 --> 00:00:26,200 Speaker 2: for an extended period in twenty twenty two, and that 8 00:00:26,320 --> 00:00:29,560 Speaker 2: was to combat high inflation, which is rising prices. In 9 00:00:29,600 --> 00:00:32,280 Speaker 2: an update today, the IBA board said it's decided to 10 00:00:32,320 --> 00:00:34,800 Speaker 2: cut rates from four point one percent to three point 11 00:00:34,880 --> 00:00:39,000 Speaker 2: eight five percent. It noted inflation has fallen substantially and 12 00:00:39,200 --> 00:00:42,479 Speaker 2: continues to ease. It's the lowest the cash rate has 13 00:00:42,520 --> 00:00:45,640 Speaker 2: been since May of twenty twenty three. The next RBA 14 00:00:45,720 --> 00:00:47,520 Speaker 2: decision will be handed down in July. 15 00:00:50,320 --> 00:00:53,199 Speaker 1: The National Party has split from the Coalition, ending its 16 00:00:53,240 --> 00:00:56,520 Speaker 1: long standing alliance with the Liberal Party. The coalition was 17 00:00:56,560 --> 00:00:59,200 Speaker 1: formed in nineteen forty nine as a formal alliance between 18 00:00:59,200 --> 00:01:02,560 Speaker 1: the Liberal Andtional parties. If they win enough combined seats 19 00:01:02,640 --> 00:01:05,440 Speaker 1: in the House of Representatives, the two parties joined forces 20 00:01:05,440 --> 00:01:09,240 Speaker 1: to govern together. Earlier today, National's leader David Little Proud 21 00:01:09,360 --> 00:01:13,480 Speaker 1: announced the recent election has prompted a rethink from his party, saying, quote, 22 00:01:13,560 --> 00:01:16,120 Speaker 1: our party room will not be re entering a coalition 23 00:01:16,200 --> 00:01:19,520 Speaker 1: agreement with a Liberal party. He added, We've all broken 24 00:01:19,600 --> 00:01:21,959 Speaker 1: up in a relationship that's been important to us, and 25 00:01:22,080 --> 00:01:25,240 Speaker 1: very often you get back together with clearer clarity and 26 00:01:25,280 --> 00:01:28,160 Speaker 1: focus on what the relationship was about. That's how I'm 27 00:01:28,240 --> 00:01:28,640 Speaker 1: viewing this. 28 00:01:31,360 --> 00:01:34,880 Speaker 2: Quantas and Virgin have increased their earnings and market dominance 29 00:01:35,000 --> 00:01:38,080 Speaker 2: since the collapse of domestic airlines Bonza and re Rex. 30 00:01:38,319 --> 00:01:41,039 Speaker 2: That's according to the Agriable ce A. Statement by the 31 00:01:41,080 --> 00:01:44,440 Speaker 2: Atriable CEA reports that the Quantus group, which includes Jetstar, 32 00:01:44,560 --> 00:01:47,480 Speaker 2: has recorded strong financial results for the first half of 33 00:01:47,520 --> 00:01:51,160 Speaker 2: twenty four to twenty five. Agriable c Commissioner Annabraki said 34 00:01:51,240 --> 00:01:55,040 Speaker 2: increased profits quote reflect its dominance of the domestic airline sector, 35 00:01:55,280 --> 00:01:58,840 Speaker 2: with Quantus and Jetstar accounting for over sixty percent of passengers. 36 00:01:59,160 --> 00:02:02,480 Speaker 2: Jetstar is now the only low cost airline in Australia 37 00:02:02,600 --> 00:02:06,040 Speaker 2: since competitors Rex and Bondser have gone out of business. 38 00:02:06,360 --> 00:02:10,440 Speaker 2: Virgin Australia also achieved record profits and boosted passenger numbers 39 00:02:10,440 --> 00:02:12,960 Speaker 2: in the first half of this current financial year. 40 00:02:15,320 --> 00:02:18,520 Speaker 1: And today's good news another day, another good news story 41 00:02:18,560 --> 00:02:21,280 Speaker 1: from the world of chimps. This time it's that new 42 00:02:21,320 --> 00:02:25,160 Speaker 1: research has suggested wild chimpanzees share as similar mother infant 43 00:02:25,160 --> 00:02:28,600 Speaker 1: bond as humans. Findings published in the journal Nature have 44 00:02:28,680 --> 00:02:32,400 Speaker 1: detailed different attachment types of fifty wild chimpanzee infants aged 45 00:02:32,560 --> 00:02:36,320 Speaker 1: zero to ten. Researchers analyze the chimps' behavioral responses to 46 00:02:36,360 --> 00:02:39,600 Speaker 1: threatening events in nature, and the way chimps responded mimiced 47 00:02:39,680 --> 00:02:44,200 Speaker 1: human attachment patterns. For example, some chimps sought maternal closeness 48 00:02:44,280 --> 00:02:48,280 Speaker 1: while others displayed independence. The study supports the idea that 49 00:02:48,360 --> 00:02:52,920 Speaker 1: humans organized attachment types have adapted over a long evolutionary history. 50 00:02:53,480 --> 00:02:56,200 Speaker 2: That's the latest from the Daily OS newsroom. If you're 51 00:02:56,200 --> 00:02:58,320 Speaker 2: looking for something else to listen to this afternoon, have 52 00:02:58,440 --> 00:03:01,320 Speaker 2: listened to today's Deep Dive. It's part two of our 53 00:03:01,360 --> 00:03:05,560 Speaker 2: new three part series investigating ozempic. This time we explore 54 00:03:05,600 --> 00:03:09,320 Speaker 2: the telehealth boom of weight loss medications to understand how 55 00:03:09,440 --> 00:03:13,400 Speaker 2: virtual clinics are reshaping prescribing practices. We'll speak to you 56 00:03:13,480 --> 00:03:18,880 Speaker 2: again tomorrow morning. My name is Lily Maddon and I'm 57 00:03:18,880 --> 00:03:23,359 Speaker 2: a proud Arunda Bungelung calcotin woman from Gadighl country. The 58 00:03:23,440 --> 00:03:26,560 Speaker 2: Daily oz acknowledges that this podcast is recorded on the 59 00:03:26,600 --> 00:03:29,320 Speaker 2: lands of the Gadighl people and pays respect to all 60 00:03:29,440 --> 00:03:31,720 Speaker 2: Aboriginal and Torres Strait island and nations. 61 00:03:32,040 --> 00:03:34,960 Speaker 1: We pay our respects to the first peoples of these countries, 62 00:03:35,080 --> 00:03:36,280 Speaker 1: both past and present.