Government Calls For Calm Around Petrol Panic Buying

0:00Hello and welcome to the date on Richelle Steppensson. In G-Minister Chris Bowen insists there's no case for panic buying petrol as the Middle Lakes conflict pushes up the price of oil. The global price has spiked along with gas after the world's largest producer of LNG halted production. But Mr Bowen says there's no immediate threat to petrol supplies here in Australia. There is no need to rush to the service station and fill up. I do understand people's concerns, but it's important that people know we do have a good stock of petrol in reserve in Australia. Well, the federal government has condemned those choosing to mourn the death of Iran's Ayatollah. Several months since Sydney and Melbourne are holding vigils to grieve the brutal dictator. Senior Minister Clareniel says Australians should not be honouring his legacy. They massacred and murdered tens of thousands of Iranian, but the horrific subjugation of

1:01women and girls in Iran is nothing short of extraordinary. The fact that there is anyone in our country right now mourning the loss of the leader of that regime is categorically wrong. Our lines are working with the federal government to manage travel changes caused by the evolving situation over in the Middle East. 115,000 Aussies are currently stranded overseas as many flights are cancelled or delayed, whose travel is urged to check in with their airline. The Reserve Bank says that conflict could bring about mixed economic fortunes for us. On one hand, a prolonged shortage of oil suppliers will increase energy costs such as petrol, but the hit to the global economy may help ease inflation repressions as the cost of some goods comes down. You are building approvals have fallen to their lowest level in two years according to new data. Construction industry representatives say the drop is concerning, given Australia is all already nearly 80,000 dwellings behind its target, to build 1.2 million homes by the end of the decade.

2:02And obesity is costing the Australian economy $45 billion each year. New modeling from consulting firm Global Data shows its link to 22 million missed days of work. Let's put an attempt at next. To sport, and Gina Reinhart will reportedly give cash bonuses to Aussie Summits for metals one in the pool at the Commonwealth Games. They weigh concerns about the strength of the team, giving close proximity to the Pam Pacific Championships. And the Aussie women's cricket team has touched down in Perth ahead of their test against India. The jurors will be looking to level the multi-format series with a win. New entertainment news now in Kesha's Slam the White House. After he used one of her tracks in a TikTok video of the Iranian air strikes, she says she does not approve of her music being used to promote violence of any kind. Sean Diddy-Combs has landed an early prison release as he fights to appeal his four-year sentence. The convicted rapper could be out a month and a half early in April 2028, as his lawyers look for a reversal of conviction. And the numbers are in bad money, breaking the all-time global record of the most watched

3:07Super Bowl halftime show, racking up more than 4 billion views. That's the latest from the Nova podcast news team. We'll have another episode of the Update for you tomorrow. I'm Michelle Stevenson.