WEBVTT - Headlines: HECS debt reforms begin rolling out

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<v Speaker 1>From the Daily os. I'm Emma, I'm Lucy. It's Thursday,

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<v Speaker 1>the twelfth of December. Here's what's making headlines this evening.

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<v Speaker 2>The government's student debt reforms are being rolled out from

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<v Speaker 2>today after its HEX indexation changes past Parliament last month.

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<v Speaker 2>The legislation means indexation cannot exceed the lower rate of

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<v Speaker 2>either inflation or wage growth figures. It comes after hex's

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<v Speaker 2>debts increased by seven point one percent in twenty twenty

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<v Speaker 2>three in line with inflation. This increase will be adjusted

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<v Speaker 2>to three point two percent the wage index. The reform,

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<v Speaker 2>which the opposition supported, meant the government essentially owed people

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<v Speaker 2>a three point nine percent refund on the HEX indexation

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<v Speaker 2>they were charged in twenty twenty three. Those who've paid

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<v Speaker 2>off their HEX since then will have the difference credited

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<v Speaker 2>to them. Australians can check their student debt by logging

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<v Speaker 2>onto their ATO account through my gov.

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<v Speaker 1>Australia's unemployment rate for fell to three point nine percent

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<v Speaker 1>in November, down zero point two percent to the lowest

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<v Speaker 1>level since March. That's according to the latest figures from

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<v Speaker 1>the Australian Bureau of Statistics. The unemployment rate reflects the

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<v Speaker 1>percentage of people who were looking for work but couldn't

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<v Speaker 1>find any. This three point nine percent figure is seasonally adjusted,

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<v Speaker 1>meaning the ABS has removed the effects of calendar specific

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<v Speaker 1>patterns from the data, like fruit picking in summer or

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<v Speaker 1>Christmas casuals in retail in December.

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<v Speaker 2>The director of the United States FBI, Christopher Ray, has

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<v Speaker 2>announced his intention to step down before Donald Trump takes

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<v Speaker 2>office in early twenty twenty five. Ray announced this decision

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<v Speaker 2>during an all employee address in which he stated, I've

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<v Speaker 2>decided the right thing for the bureau is for me

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<v Speaker 2>to serve until the end of the current administration in

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<v Speaker 2>January and then step down. He added, this is the

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<v Speaker 2>best way to avoid dragging the bureau deeper into the

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<v Speaker 2>fray while reinforcing the values in principles that are so

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<v Speaker 2>important to how we do our work. This comes after

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<v Speaker 2>President elect Donald Trump announced his intention to replace Ray

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<v Speaker 2>upon being sworn into the White House in January twenty

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<v Speaker 2>twenty five, more than two years shy of raised ten

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<v Speaker 2>year term.

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<v Speaker 1>And Today's good News, archaeologists have unearthed artifacts and ceremonial

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<v Speaker 1>items dating back to ancient Egypt and thought to be

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<v Speaker 1>tied to Cleopatra, the Egyptian Dominican Archaeological mission discovered several

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<v Speaker 1>items beneath the temple in the ancient city of Alexandria,

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<v Speaker 1>including a small, white marble statuette of a woman. The

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<v Speaker 1>dig's lead researcher believes the bust is a depiction of

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<v Speaker 1>Queen Cleopatra. Other experts have weighed in suggesting the statue

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<v Speaker 1>could be another royal woman or princess. Other significant discoveries

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<v Speaker 1>include hundreds of coins bearing the image of Cleopatra, pottery vessels,

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<v Speaker 1>oil lamps, and bronze statues dating back to around thirty BCE.

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<v Speaker 1>Egypt's Ministry of Tourism and Antiquities said the discoveries would

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<v Speaker 1>be pivotal in expanding our under standing of ancient Egypt's

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<v Speaker 1>final dynasty in the late Ptolemaic period.

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<v Speaker 2>That's the latest from the Daily Oz newsroom. If you're

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<v Speaker 2>looking for something else to listen to, make sure you

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<v Speaker 2>catch up on today's deep dive on the allegations being

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<v Speaker 2>brought against jay Z.

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<v Speaker 1>We'll be back tomorrow morning. Until then, have a great evening.

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<v Speaker 2>My name is Lily Maddon and I'm a proud Arunda

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<v Speaker 2>Bunjelung calcottin woman from Gadighl country. The Daily oz acknowledges

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<v Speaker 2>that this podcast is recorded on the lands of the

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<v Speaker 2>Gadighl people and pays respect to all Aboriginal and Torres

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<v Speaker 2>Strait Island and nations. We pay our respects to the

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<v Speaker 2>first peoples of these countries, both past and present.