WEBVTT - Headlines: Aussie dollar slumps to five-year low

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<v Speaker 1>From The Daily Os. I'm Zara Sidler, I'm Emma Gillespie.

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<v Speaker 1>It's Monday, the seventh of April. Here's what's making headlines

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<v Speaker 1>this evening.

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<v Speaker 2>The Australian dollar has dropped to a five year low,

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<v Speaker 2>plunging below sixty US cents. The latest market decline comes

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<v Speaker 2>in response to US President Donald Trump's Liberation Day tariff

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<v Speaker 2>announcements last week. Trillions of dollars was wiped off global

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<v Speaker 2>markets following the announcement, which saw the worst day on

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<v Speaker 2>Wall Street since the start of the pandemic in twenty twenty.

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<v Speaker 2>The Australian share market is now mirroring the US downturn,

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<v Speaker 2>with the ASX two hundred falling by four percent today.

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<v Speaker 2>The Aussie dollar is trading significantly lower, reflecting global uncertainty.

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<v Speaker 2>During a press conference today, Treasurer Jim Chalmers said he's

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<v Speaker 2>expecting the tariffs to have a quote manageable impact on

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<v Speaker 2>some prices here. However, he said the government is quote

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<v Speaker 2>forecasting economic growth to kay continue to gather the pace

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<v Speaker 2>thanks to slowing inflation and cost of living relief measures.

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<v Speaker 1>The Coalition has reversed its promise to force Australian public

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<v Speaker 1>service employees back to the office if it wins the

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<v Speaker 1>upcoming election. In early March, Shadow Finance Minister Jane Hume

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<v Speaker 1>said a coalition government would make it an expectation that

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<v Speaker 1>all aps staff work from the office full time. Today,

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<v Speaker 1>the Coalition announced it has backflipped on its planned work

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<v Speaker 1>from homeban. This means there will be no changes to

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<v Speaker 1>flexible work within the public service if it wins the election.

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<v Speaker 1>Senator Hume said in a statement that there will be

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<v Speaker 1>no mandated minimum number of days for public servants to

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<v Speaker 1>work in the office. Hume also clarified that the coalition

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<v Speaker 1>never had a policy impacting flexible work in the private sector.

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<v Speaker 2>Israel has promised a quote thorough examination of a strike

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<v Speaker 2>that killed fifteen first responders in Gaza last month. According

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<v Speaker 2>to the United Nations, eight place Stinian medics, six civil

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<v Speaker 2>defense first responders and a UN staff member were assisting

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<v Speaker 2>in Rougher when the IDF attacked their convoy. Israeli forces

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<v Speaker 2>originally said the group was advancing suspiciously towards its troops

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<v Speaker 2>without headlights or emergency signals when it opened fire. However,

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<v Speaker 2>it's now admitted this account was inaccurate after footage of

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<v Speaker 2>the incident emerged showing the flashing emergency lights of the ambulances.

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<v Speaker 2>According to the Palestine Red Crescent Society, paramedics stopped to

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<v Speaker 2>help injured civilians when they were fired upon by Israeli forces.

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<v Speaker 2>It said the PRCS insignia was visible on their uniforms

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<v Speaker 2>and vehicles at the time of the attack. The IDF

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<v Speaker 2>says several of the medics had ties to humas, but

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<v Speaker 2>it has not yet shared evidence to support this claim.

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<v Speaker 2>Israel said its continuing inquiries to quote understand the sequence

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<v Speaker 2>of events and the handling of.

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<v Speaker 1>The situation and today's good news. New data from the

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<v Speaker 1>CSIRO Revere fel that plastic pollution along Australian coastlines has

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<v Speaker 1>decreased by thirty nine percent. The study, which surveyed six

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<v Speaker 1>key regions including Hobart, Newcastle, Perth and the Sunshine Coast,

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<v Speaker 1>found a marked reduction in plastic waste across five of

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<v Speaker 1>six locations, along with a decreased plastic pollution. Senior CSIRO

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<v Speaker 1>researcher doctor Denise Hardesty so the survey identified a sixteen

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<v Speaker 1>percent increase in the number of coastal areas with no

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<v Speaker 1>plastic debris at all, although there are still areas of concern.

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<v Speaker 1>Hardesty said Australians are becoming more aware of the harmful

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<v Speaker 1>effects of plastic waste on people, communities and wildlife.

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<v Speaker 2>That's the latest from the Daily os newsroom for your Monday,

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<v Speaker 2>But if you're looking for something else to listen to,

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<v Speaker 2>check out today's Deep Dive featuring our interview with Shadow

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<v Speaker 2>treasurer Angus Taylor. Another fantastic interview from Billy speaking to

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<v Speaker 2>him about the Coalition's plan for young people. We will

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<v Speaker 2>be back tomorrow morning with another deep dive. Until then,

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<v Speaker 2>have a great night.

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<v Speaker 1>My name is Lily Maddon and I'm a proud Arunda

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<v Speaker 1>Bunjelung Kalkadin woman from Gadighl Country. The Daily oz acknowledges

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<v Speaker 1>that this podcast is recorded on the lands of the

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<v Speaker 1>Gadighl people and pays respect to all Aboriginal and torrest

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<v Speaker 1>Rate island and nations. We pay our respects to the

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<v Speaker 1>first peoples of these countries, both past and present.