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June 17, 2024 3 mins

Former premiership-winning South Australian greyhound trainer Tony Rasmussen has been banned for life and fined a record $220,000 after being found guilty of a string of welfare and integrity charges. 

The Reserve Bank is set to pave the way for an upcoming interest rate rise when it concludes its board meeting on Tuesday afternoon amid a robust jobs market and concerns that fresh stimulus will heighten already elevated levels of inflation. 
 
The notorious, terminally ill “Bicycle Bandit” who terrorised the state for a decade will spend what remains of his life in jail, after a court rejected his final plea for mercy. 

An extra $720 million has been injected into the Queensland economy since the end of trade blocks imposed by the Chinese Government on Australian products like beef, barley and cotton. 

 

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Episode Transcript

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Speaker 1 (00:05):
This is the latest from your news feet. It's Tuesday,
the eighteenth of June. Former premiership winning South Australian greyhound
trainer Tony Rasmussen has been banned for life and find
a record two hundred and twenty thousand dollars after being
found guilty of a string of welfare and integrity charges.
Rassmussen and his wife Lisa were suspended in July last

(00:28):
year after horrific surveillance footage surface of the pair mistreating
greyhounds at their now deregistered Gifford Hill property. One of
the state's most prominent greyhound trainers. Russmussen and his wife
were charged with a dozen offenses over shocking footage showing
dogs in their care being kicked and flung around. It
was the first time the charges have been laid in

(00:49):
South Australia. The Reserve Bank is set to pave the
way for an upcoming interest rate rise when it concludes
its board meeting on Tuesday afternoon. Amid a robus jobs
market and concerns that fresh stimulus will heighten already elevated
levels of inflation, Judo Bank Chief Executive Advisor Warren Hogan

(01:10):
has warned that the RBA will have to lift the
cash rate in August and also in November by twenty
five basis points each time to a new peak of
four point eighty five percent to offset what he described
as concerning economic trends. Will be back after this. The

(01:30):
notorious terminally ill bicycle bandit, who terrorized the state for
a decade, will spend what remains of his life in
jail after a court rejected his final plea for mercy
in the Supreme Court on Monday, former police officer and
firefighter Kim Alan Parsons ended a twenty year mystery and

(01:51):
unmasked himself by pleading guilty to armed robbery chargers. Parsons,
who originally denied the charges, changed his pleas to time
ten days after The Advertiser revealed South Australian Health had
approved him for voluntary assisted dying and provided him with
his VAD kit and an extra seven hundred and twenty

(02:12):
million dollars has been injected into the Queensland economy since
the end of trade blocks imposed by the Chinese government
on Australian products like beef, barley and cotton. There has
been huge growth in agricultural exports to China in recent months,
according to new federal government data that shows Queensland businesses

(02:33):
are cashing in on the improved trade conditions as China
Australia relations soured. In twenty twenty, Beijing placed trade impediments
on more than twenty billion dollars worth of Australian exports,
which also included wine, timber and veal. We'll have an
update to your newsfeed tomorrow
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