Breakfast News Briefing - 9 July 2025

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Episode Transcript

Speaker 1 (00:01):
Hello from the Amplifying newsroom. I'm Darcy Franklin. A blow
for ACT mortgage holders with the RBA defying expectations leaving
rates at three point eight five percent. Eliza Owen from
call Logic says we'll see more cash rate cuts over
the next few months, but claims it may not help
the camera market.

Speaker 2 (00:18):
The only thing about the camebra market, especially for houses,
is that it already is very expensive. You've got a
median house value of nine hundred and eighty thousand dollars,
so you'd have to imagine there's going to be a
limit to what further rate cuts can do.

Speaker 1 (00:32):
Four ATO staffers have been convicted of fraud in a
two billion dollar GST scam. The scam involving making abns
for fake businesses and submitting bogus statements for GST refunds.
The ATO is demanding at least one of those convicted
spend time behind bars. Donald Trump has lashed out at
Russian President Vladimir Putin over the ongoing war in Ukraine.

(00:54):
He comes as the US President approved sending more weapons
to Ukraine despite announcing last week that the UN would
halt shipments. Trump expressing his frustration with Putin.

Speaker 2 (01:04):
I'm not happy with Poutin, I can tell you that
much right now, because he's killing a lot of people,
and a lot of them are his soldiers.

Speaker 1 (01:11):
We get a lot of them thrown at us by
poot for you want another truth. It is very nice
all the time, but it turns out to be meaningless.
The National Health Watchdog is cracking down on medicinal cannabis prescribing.
The Angel has revealed the number of episodes that have
alarmed the regulator, including massive prescribing numbers, appointments lasting just seconds,

(01:33):
and failures to assess patients' mental health and substance abuse history.
OPRA has issued fresh guidelines to registered prescribers. Barbie is
releasing a new doll with type one diabetes. It'll feature
an insulin pump and designed to mirror the experiences of
children managing it. The Treasurer has described the latest tariff

(01:53):
threat from Donald Trump as very concerning. Trump is warning
of potential tariffs of two hundred percent on foreign farmersceuticals
and fifty percent on copper. Jim Chalmers has told the
ABC the pharmaceutical threat is the biggest worry.

Speaker 2 (02:07):
The pharmaceuticals industry is much more exposed to the US
market and that's why we're seeking urgently seeking some more
detail on what's been announced.

Speaker 1 (02:16):
The used EV car market in Canberra looked a little
grim for June. According to a new Automative Insights report.
Total sales down by thirty point five percent compared to
the month prior, are the biggest decline in the country.
Used EV sales up over sixteen percent. Across the border
in New South Wales, an AI scam has posed as

(02:38):
the US Secretary of State, Marco Rubio the fraud Star,
apparently using AI to impersonate him and send fake messages
to other officials. Department spokeswoman Tammy Bruce says it's been
taken seriously.

Speaker 2 (02:50):
State Department, of course is aware of this incident and
it's currently monitoring and addressing the matter.

Speaker 1 (02:56):
And if life on Earth hasn't felt like your cup
of tea lately, there may be another option. NASA has
discovered an earthlike planet about one hundred light years away
that could contain life. TOI seven hundred E is about
ninety five percent of the size of our planet, and
scientists think it could just get the right amount of
light to potentially allow water on its surface. And that's

(03:19):
the letters in the news. We'll have another update for
you right here later today.