Speaker 1: From the Daily Os. I'm Elliott, Lorie, I'm Sam Kazlowski.
Speaker 1: It's Tuesday, the twentieth of May. Here's what's making headlines
Speaker 1: this evening.
Speaker 2: The Reserve Bank of Australia has reduced the cash rate
Speaker 2: to a two year low of three point eight five percent.
Speaker 2: It comes after the Central Bank started to increase rates
Speaker 2: for an extended period in twenty twenty two, and that
Speaker 2: was to combat high inflation, which is rising prices. In
Speaker 2: an update today, the IBA board said it's decided to
Speaker 2: cut rates from four point one percent to three point
Speaker 2: eight five percent. It noted inflation has fallen substantially and
Speaker 2: continues to ease. It's the lowest the cash rate has
Speaker 2: been since May of twenty twenty three. The next RBA
Speaker 2: decision will be handed down in July.
Speaker 1: The National Party has split from the Coalition, ending its
Speaker 1: long standing alliance with the Liberal Party. The coalition was
Speaker 1: formed in nineteen forty nine as a formal alliance between
Speaker 1: the Liberal Andtional parties. If they win enough combined seats
Speaker 1: in the House of Representatives, the two parties joined forces
Speaker 1: to govern together. Earlier today, National's leader David Little Proud
Speaker 1: announced the recent election has prompted a rethink from his party, saying, quote,
Speaker 1: our party room will not be re entering a coalition
Speaker 1: agreement with a Liberal party. He added, We've all broken
Speaker 1: up in a relationship that's been important to us, and
Speaker 1: very often you get back together with clearer clarity and
Speaker 1: focus on what the relationship was about. That's how I'm
Speaker 1: viewing this.
Speaker 2: Quantas and Virgin have increased their earnings and market dominance
Speaker 2: since the collapse of domestic airlines Bonza and re Rex.
Speaker 2: That's according to the Agriable ce A. Statement by the
Speaker 2: Atriable CEA reports that the Quantus group, which includes Jetstar,
Speaker 2: has recorded strong financial results for the first half of
Speaker 2: twenty four to twenty five. Agriable c Commissioner Annabraki said
Speaker 2: increased profits quote reflect its dominance of the domestic airline sector,
Speaker 2: with Quantus and Jetstar accounting for over sixty percent of passengers.
Speaker 2: Jetstar is now the only low cost airline in Australia
Speaker 2: since competitors Rex and Bondser have gone out of business.
Speaker 2: Virgin Australia also achieved record profits and boosted passenger numbers
Speaker 2: in the first half of this current financial year.
Speaker 1: And today's good news another day, another good news story
Speaker 1: from the world of chimps. This time it's that new
Speaker 1: research has suggested wild chimpanzees share as similar mother infant
Speaker 1: bond as humans. Findings published in the journal Nature have
Speaker 1: detailed different attachment types of fifty wild chimpanzee infants aged
Speaker 1: zero to ten. Researchers analyze the chimps' behavioral responses to
Speaker 1: threatening events in nature, and the way chimps responded mimiced
Speaker 1: human attachment patterns. For example, some chimps sought maternal closeness
Speaker 1: while others displayed independence. The study supports the idea that
Speaker 1: humans organized attachment types have adapted over a long evolutionary history.
Speaker 2: That's the latest from the Daily OS newsroom. If you're
Speaker 2: looking for something else to listen to this afternoon, have
Speaker 2: listened to today's Deep Dive. It's part two of our
Speaker 2: new three part series investigating ozempic. This time we explore
Speaker 2: the telehealth boom of weight loss medications to understand how
Speaker 2: virtual clinics are reshaping prescribing practices. We'll speak to you
Speaker 2: again tomorrow morning. My name is Lily Maddon and I'm
Speaker 2: a proud Arunda Bungelung calcotin woman from Gadighl country. The
Speaker 2: Daily oz acknowledges that this podcast is recorded on the
Speaker 2: lands of the Gadighl people and pays respect to all
Speaker 2: Aboriginal and Torres Strait island and nations.
Speaker 1: We pay our respects to the first peoples of these countries,
Speaker 1: both past and present.