RBA should pause rate rises as ‘deflationary shock’ sweeps global economy, former board member says

Warwick McKibbin says Australia’s central bank has been slow to react as supply pressures from Covid and war in Ukraine abate

The Reserve Bank should pause lifting interest rates because a “deflationary shock” is beginning to sweep the global economy, according to the former RBA board member Warwick McKibbin.

The director of the ANU Research School of Economics said it is becoming clear supply shocks from Covid and Russia’s war against Ukraine are abating. However central banks, including Australia’s, have so far been slow to react.

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Lawyer claims she wasn’t told for months that Aboriginal teen tried to take her life in youth detention

Incident at South Australia’s Kurlana Tapa centre was downplayed, lawyer claims, but government says safety and wellbeing of children is ‘highest priority’

A lawyer representing children detained at South Australia’s only juvenile justice centre claims she was not informed for almost two months when an Aboriginal teenager attempted to take her own life in custody.

The Aboriginal Legal Rights Movement (ALRM) lawyer who represents the girl in her early teens said the seriousness of the incident in early 2023 at Kurlana Tapa Youth Justice Centre was not conveyed until eight weeks later.

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Strong winds cause travel chaos in Sydney as passengers hospitalised after ‘severe turbulence’ on Hawaii flight

Airlines warn of disruptions as Sydney airport braces for single runway operations for a second day due to worsening conditions

Strong winds in Sydney continued to cause chaos for holiday travel plans around Australia on Saturday, while passengers have been hospitalised after “severe turbulence” on a flight arriving from Honolulu.

Airlines were warning of flight disruptions on Saturday morning, as they braced for one of Sydney airport’s runways to be closed for the second time in as many days after a warning from air traffic controllers of worsening winds.

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‘A gamechanger’: yes campaign launches nationwide voice events as momentum builds ahead of Naidoc Week

Director of Yes23 says support is growing within communities and the movement has the right message to win referendum

Two dozen major referendum events nationwide this weekend will be a “gamechanger” for the voice, says the director of Yes23, who is confident support will keep rising once grassroots campaigning fully activates in coming weeks.

After a week campaigning across the Kimberley region, Dean Parkin said the voice was crucial to help remote Indigenous communities that were being ignored. He maintained the campaign had the right message and strategy to win the referendum.

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Pope Francis holds meeting with Julian Assange’s wife

‘He understands Julian is suffering and is concerned,’ says Stella Assange after audience with pontiff

Pope Francis has met Stella Assange, the wife of the imprisoned WikiLeaks founder, who said the pope’s gesture in receiving her was evidence of his “ongoing show of support for our family’s plight” and concern over the suffering of her husband, Julian.

After the audience, Stella Assange said Francis had sent a letter to her husband in March 2021, during a particularly difficult period. “He has provided great solace and comfort and we are extremely appreciative for his reaching out to our family in this way,” she told the Associated Press. “He understands that Julian is suffering and is concerned.”

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Recovering gambling addict targeted by bookmaker a day after complaining about harmful treatment

Mark Kempster continues to receive unsolicited betting emails despite being listed on self-exclusion register

A recovering gambling addict who revealed the damage caused by unsolicited gambling inducements has been directly targeted by bookmakers, just one day after publicly complaining about the harmful practice.

Mark Kempster has repeatedly asked gambling companies not to contact him with special offers and is listed on a self-exclusion register, but his details continue to be shared with bookmakers who are eager to lure him back to betting.

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How much is Taylor Swift making from the Australian concerts of her Eras tour?

It is estimated the seven shows will earn the singer $35m on top of the expected $700m for her US concerts

Australians will be playing their part in possibly inducting Taylor Swift into the billionaires club, with some industry insiders estimating the pop star could pocket as much as A$35m from the Australian leg of her Eras tour alone.

Estimates in the US put Swift’s earnings at an average of US$13.6m (A$20.5m) a show, based on an average ticket price of US$215, meaning she would gross more than US$700m from the 52 dates in the North American leg. That is without taking into account the more than 50 concerts she is performing around the world.

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July forecast to start off wet and cold across large parts of Australia

Unseasonable cloud band over north of the country predicted to hit parts of New South Wales, Victoria, the ACT and Tasmania

It will be a wet and chilly start to July in large parts of Australia, with rain and low temperatures set to kick off the month.

Weatherzone reported that an unseasonable cloud band over the north of Western Australia will bring back heavy rainfall and possible flooding in the next couple of days. Areas in the far north of WA, the Northern Territory and Queensland could see 50-100mm of rain in the next three to five days.

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Australia’s budget surplus swells to $19bn due to surging tax revenue

Economist Chris Richardson says figure well above earlier forecasts is a reminder of ‘how lucky the Lucky Country has been’

The federal budget is on track to smash its earlier surplus forecasts as the government rakes in much more revenue.

The underlying cash balance for the 12 months to May was $19bn, well above the $4.2bn surplus flagged for the 2022-23 financial year in the last federal budget.

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Labor’s nature repair market must ban offsets and will need initial funding injection, scientists say

Members of threatened species scientific committee say allowing environmental offsets would undermine the scheme

A “nature repair market” proposed by Labor will not succeed unless backed by substantial initial public funding and a ban on environmental offsets in the scheme, government scientific advisers have warned.

The Senate environment legislation committee heard a range of critical evidence about the bill on Friday, prompting the government to concede it will indefinitely postpone its passage in parliament.

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Federal budget on track to smash surplus forecasts as cash balance hits $19bn – as it happened

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Melbourne hit by magnitude 4.6 earthquake

Melburnians were shaken by a magnitude 4.6 earthquake at 1.32am.

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Victoria earthquake: 4.6-magnitude tremor shakes Melbourne and state’s regions

Geoscience Australia said the earthquake struck at 1.32am on Friday near Rawson, a small town around 150km east of Melbourne

A 4.6-magnitude earthquake has rattled residents in regional Victoria and Melbourne, with thousands of people feeling the early morning tremor.

Geoscience Australia said the earthquake struck at 1.32am on Friday near Rawson, a small town around 150km east of Melbourne.

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Australian sea dumping law changes condemned amid warnings of gas industry expansion

Greens and environmentalists say legislation introduced to parliament by Tanya Plibersek could facilitate new fossil fuel projects

Proposed changes to Australia’s sea dumping laws that would allow carbon dioxide to be pumped into international waters could be used to justify the expansion of the gas industry, the Greens and environment groups say.

The legislation, which was introduced to parliament by the environment minister, Tanya Plibersek, last week, would allow the minister to grant permits so CO2 captured during industrial processes could be exported and stored under the seabed – a process known as carbon, capture and storage (CCS) – in another country’s waters.

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Barnaby Joyce and Keith Pitt oppose total ban of online gambling ads

National party MPs argue it is a ‘legitimate industry’ and that it should be ‘managed appropriately’ to avoid commercial stations suffering

National party MPs Barnaby Joyce and Keith Pitt have warned against a total ban on online gambling ads, arguing it is a “legitimate industry” that can be managed with less extensive measures.

The pair are the first federal MPs to caution against the plan proposed by a parliamentary inquiry, which has raised concerns from television broadcasters about loss of gambling ad revenue.

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Icac found Gladys Berejiklian engaged in corrupt conduct. So why won’t she be prosecuted?

Her former boyfriend Daryl Maguire may face charges, but proving criminal activity by the former premier would be difficult

On Thursday, the New South Wales Independent Commission Against Corruption dealt a blow to the legacy of former premier Gladys Berejiklian in ruling she engaged in serious corrupt conduct while in office.

Icac’s Operation Keppel also found her ex-boyfriend and former Wagga Wagga MP Daryl Maguire, as well as two other individuals, engaged in corrupt conduct and is seeking advice on whether any prosecution should be commenced against the three.

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Children locked in cells for up to 23 hours at South Australia’s youth detention centre

Child protection watchdog says distress at Kurlana Tapa caused by prolonged detention is leading to self-harm

Children are being locked in their cells for up to 23 consecutive hours partly due to staffing shortages at South Australia’s youth detention centre, with the system in crisis amid a spate of “shocking” self-harm incidents, the state’s guardian for young people says.

Shona Reid, the guardian and youth detention inspector, said children were becoming so distressed due to prolonged detention that they were harming themselves at the Kurlana Tapa Youth Justice Centre.

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Gladys Berejiklian Icac report live updates: Chris Minns says findings took ‘way too long’ as Matt Kean criticises ‘ridiculous display’ – latest news

Icac finds former premier and Daryl Maguire engaged in ‘serious corrupt conduct’, but says it does not want the DPP to consider prosecuting Berejiklian. Follow live updates

We are waiting on the publication of the Icac report. But it appears the Icac website has crashed under the load.

Stay with us. We will bring you the findings as soon as we possibly can.

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Australia news live: Tanya Plibersek announces audit of 1,000 environmental offset sites to check if they are delivering on promises

Treasurer Jim Chalmers wants to maintain strong budget position while rolling out existing policies; federal government cancels satellite program. Follow the day’s news live

The treasurer, Jim Chalmers, denies Australia’s first budget surplus in more than a decade comes at the expense of under-pressure households as the cost of living rises, AAP reports.

Chalmers has confirmed there will be a larger surplus for the 2022/23 financial year than predicted in last month’s federal budget.

By getting the budget in much better nick by finding savings ... it actually makes it possible from that much stronger foundation to provide the $15bn of cost-of-living relief that we had in the budget.

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Lockdown or loneliness? Covid brought on a ‘kind of stressful’ baby boom in Australia

New data shows the birthrate went up in 2021, after a record low in 2020 and years of decline

A pandemic might not seem like the ideal time to have a baby, but new data backs up the idea that Covid precipitated a baby boom.

According to an Australian Institute of Health and Welfare report – Australia’s mothers and babies – a record 315,705 babies were born in 2021, while the birthrate itself was up to 61 per 1,000 women of reproductive age from 56 per 1,000 the year before.

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Icac finds former NSW premier Gladys Berejiklian and Daryl Maguire engaged in serious corrupt conduct

Berejiklian stood down in 2021 after it was revealed she was in a ‘close personal relationship’ with Maguire, who was also found to be corrupt by Icac’s Operation Keppel

Former New South Wales premier Gladys Berejiklian has been found to have engaged in serious corrupt conduct by the state’s corruption watchdog.

However the Independent Commission Against Corruption (Icac) has not recommended charges be pursued against Berejiklian.

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