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The RBA is expected to hold the cash rate when it makes its decision next Tuesday, says Sky News Business Reporter Edward Boyd. “There’s a lot of economists suggesting we’re going to get some cuts later this year,” Mr Boyd said. “Those views haven’t changed. “We’re going to hear from Governor Bullock, Michele Bullock, the head of the Reserve Bank, next week because it’s another cash rate decision. “Expectation is rates will be on hold, but we will probably see some cuts hopefully September.”
Several spelling mistakes have been discovered on the new Kobe Bryant statue. The statue stands outside the LA Lakers arena in California. The errors include the misspellings of two former NBA players. A German NBA reporter pointed out the spelling errors on social media, revealing the word “decision” was spelt correctly in one line but directly below was spelt incorrectly as “decicion”. Former Laker Von Wafer was misspelt as “Vom” while former Toronto Raptors guard Jose Calderon was misspelt as “Jose Calderson”.
The US Federal Reserve is expected to start cutting rates in June, according to Sky News Business Reporter Edward Boyd. It comes after the US inflation numbers were released overnight. “The inflation numbers last night came in a little bit hotter than expected,” Mr Boyd said. “Around 3.4 per cent, an annualised rate. “But some of the big things like food was stable or going down in costs.”
Traffic disruptions will again hit Melbourne this morning as climate protesters take to the streets during peak hour. It comes as Extinction Rebellion promised a week of action. This began on Tuesday with a slow march down Collins Street, disrupting tram services. The protests are building towards a planned large-scale disruption on Saturday.
Australia’s peak car lobby claims Energy Minister Chris Bowen’s Fuel Efficiency Standards modelling proposes unrealistic targets. The Australian Automobile Association says the government’s modelling requires more than 40 per cent of new passenger vehicles and about 50 per cent of new light commercial vehicles be electric by 2029. This would need to occur to meet Labor’s goal of a 60 per cent reduction in average new car emissions. The peak body suggests the proposal doesn’t take into account current market trends and suggests consumers will need better incentives to switch to electric. The association also claimed that a “poorly designed standard and overly stringent targets will deliver bad outcomes for both consumers and the environment”.
Sky News Australia host Caleb Bond says it’s “obvious” why the Republican effort to stop illegal immigrants being counted for House districts and the Electoral College was shot down in the Senate. The measure failed to secure the support of a single Democrat. “Every day it just gets more obvious,” Mr Bond said. “We want two million people every year pouring into the country. “Because if we send them down to a Democrat state it means that we get more apportionment in the House.”
Sky News host Liz Storer says we are “deliberately raising" a generation of "snowflakes” in response to Queensland teachers telling parents to withdraw their children from NAPLAN tests over stress concerns. The Queensland Teachers’ Union have said they are expecting a high number of withdrawals as a result. “We’re deliberately raising snowflakes,” Ms Storer said. “We talk about how bad Gen Y, Gen Z is in the workforce. “Then you look at these younger generations who are already pikers at this age aided and abetted by their own parents, and you’re like what the heck are you going to be like coming out of year 12?” “I don’t want to be around to see it.”
Sky News host Liz Storer has reacted to Argentina President Javier Milei firing an official on live television. “Argentina got to watch as President Javier Milei fired Labor Secretary Omar Yasín live on air over a debacle about the president and his cabinet’s pay rises,” Ms Storer said. “Apparently, a 48 per cent pay rise was triggered by a decree signed by the former president. “Milei has rolled it all back, firing the minister that he says is responsible for this. “The president says no, while the people suffer, we will suffer.”
Former Brexit leader and GB News host Nigel Farage explains how once Labour voting members of the UK public began voting for his Reform Party. Mr Farage’s comments come as former Conservative MP Lee Anderson defected to Reform ahead of the next UK general election. “Old traditional working class – you think they’re left wing, they’re not!" Mr Farage told Sky News Australia host Paul Murray. “They are actually very socially conservative. “They believe in the family, they believe in the community, they believe in their country, they’re deeply worried about levels of immigration – what it’s doing to their wages.”
Sky News host Caleb Bond slams the Greens over their climate spruiking and Adam Bandt taking private jets which show their true “double standards”. “If the Greens did not have double standards, they would have no standards at all,” he said. “You can’t tell me that he could not have got himself a commercial flight from Canberra to Brisbane. “It is not as though it is a route that does not fly daily. “But no, he had to take a private jet.”
Liberal Senator Hollie Hughes says the aged care report needs to be looked at “sensibly”. Ms Hughes said aged care is “problematic” in Australia. “But we do know that there’s a lot of aged care providers who are making a great living out of providing aged care,” she told Sky News host Paul Murray. “Yet aged care homes are not necessarily the standard that we need them to be at. “Certainly many, many of us … would have had parents in those situations, or potentially partners, and seen how heart-breaking it can be.”
Daily Mirror Royal Editor Russell Myers says Princess Catherine was “pushed into a position” to issue a public apology for an edited family photograph. The Princess of Wales has revealed herself as the source that edited the Wales’ Mother’s Day photograph. The photo posted on The Prince and Princess of Wales' official Instagram account ended up being recalled by major photo agencies over concerns that it had been edited from its original version. Princess Catherine responded to the recall, writing on X: ‘Like many amateur photographers, I do occasionally experiment with editing. I wanted to express my apologies for any confusion the family photograph we shared yesterday caused.’ Mr Myers told Sky News host Sharri Markson that it is a “real big issue for the Palace”.
Sky News host Rowan Dean says Gareth Evans calling for UNRWA funding to be restarted is providing “moral and popular propaganda support” for Hamas. Former Labor foreign minister Gareth Evans wants the government to reinstate funding to UNRWA. This was despite Israeli intelligence that UNRWA staff were involved in the October 7 attacks. Mr Dean told Sky News host Rita Panahi that UNRWA have “proven links with Hamas”. “If he can live with that on his conscious, good luck to him.”
Sky News Political Editor Andrew Clennell says the nuclear debate is something that “we might see in the House next week”. The Coalition has flagged Australia could have a nuclear power industry within a decade if it wins the next election. Shadow Energy Minister Ted O'Brien claimed the Coalition was engaging with experts who said it could be achieved in the timeframe. “They can debate in the Parliament next week – Peter Dutton can bring on a matter of public importance, and then it’s a question of whether the PM will go into the Parliament and debate on it,” Mr Clennell told Sky News host Peta Credlin. “It’s a debate we might see in the House next week.”
Sky News contributor Kosha Gada has taken aim at Pope Francis’ “problematic habit” of “wading into non-religious comments”. Ms Gada’s remarks come after the Pontiff suggested Ukraine should raise the “white flag”. “He’s waded into everything from economic policy to refugee and asylum law,” she told Sky News host Peta Credlin. “That’s not what he should be doing. “That said, he unfortunately has made those comments, and they do carry weight to many parts of the world.”
As part of a system-wide shake-up, wealthier seniors could be asked to pay more as the government grapples with the expected influx of baby boomers into aged care. Following a long-awaited government review, Aged Care Minister Anika Wells ruled out new levies or taxes to boost funding. Instead proposing co-contributions for wealthier Australians, possibly even asking people to draw down on their superannuation. The Aged Care Taskforce’s long-anticipated final report outlines 23 recommendations to improve the sustainability of the sector. Shadow Health and Aged Care Minister Anne Ruston joined Sky News host Peta Credlin to discuss the government's age care proposal. “I was pretty disappointed that they’ve had the report for three months; the minister was the chair of the task force,” Ms Ruston told Sky News host Peta Credlin. “So she clearly has to know what’s been going on for some months before that, and today we got dropped only what they received in December with no attempt by the government to actually even indicate what considerations are on the table.”
Sky News Political Editor Andrew Clennell says a rate cut “needs to occur sooner rather than later”. The Housing Affordability Report shows the average Australian household is now spending around 48 per cent of their income on mortgage repayments, while renters have seen a median rent increase of nearly 24 per cent as the national vacancy rate sits below one per cent. “The rate cuts are critical politically for the government, but also just plain economically,” Mr Clennell told Sky News host Peta Credlin. “I know they’ve got a cautious approach on inflation, but they can’t really muck around here after the last GDP figures – it needs to occur sooner rather than later. “They have to move.”
Greens leader Adam Bandt under fire over his massive taxpayer-funded spending spree, youth crime crisis continues to plague Alice Springs. Plus, a Jewish director slams the state of Israel at the Oscars. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information.
Royal expert Kinsey Schofield says the media in the United Kingdom is “very protective” of Prince William and Princess Catherine amid speculation about the pair’s relationship following the photo debacle. Kensington Palace has faced growing pressure to release the original Mother’s Day photograph after it was revealed the image had been doctored. The Princess of Wales apologised for the “confusion” it had caused and insisted she was the one who edited the photo. However, people have noticed that Princess Catherine was not wearing her wedding ring in the published photo. “We do want to see more of the Princess of Wales, she is polling-wise the most popular royal not only in the UK but in the United States,” Ms Schofield told Sky News Australia.
Tasmanian Premier Jeremy Rockliff and opposition leader Rebecca white have outlined their vision for the state after both leaders went head to head in the first forum debate leading up to the March 23 state election. Taking centre of the debate on Tuesday was the Tasmanian AFL Stadium project. Tasmanian Labor leader Rebecca White said if a Labor government was elected, her government would renegotiate the deal with the AFL. However, Premier Rockliff backed the deal, saying the stadium deal cannot be negotiated. The latest polling by the Australian Institute reveals the Liberals are on track to secure the most votes, however, it may fall short of securing that majority government. Liberals on 37 per cent of the first preference vote, Labor at 23 per cent and the Greens at 13 per cent.