Australia not prepared for how Antarctic ice changes will hit economy, scientist warns

Exclusive: Prof Matt King says accelerated melting could transform country and affect viability of some agricultural industries

A leading Antarctic scientist has urged the Albanese government to pay closer attention to abrupt changes under way in the southern continent, warning they will affect Australians in ways that are little understood and research into them is drastically underfunded.

The head of the Australian Centre for Excellence in Antarctic Science, Prof Matt King, said he found it embarrassing how little was known about the local and global ramifications of changes including a historic drop in floating sea ice cover, the accelerating melting of giant ice sheets and the slowing of a deep ocean current known as the Southern Ocean overturning circulation.

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‘We’ve got to break them up’: farming groups say supermarkets use market power to distort prices

Claim comes amid state and federal inquiries into Australian grocery sector and what producers say is a widening gap between wholesale and shelf prices

Farming groups have accused the major supermarkets of using their power to distort the market, leading to elevated prices for shoppers and low prices for producers.

The claim comes amid falling global prices for agricultural goods that have failed to dent grocery bills, and growing scrutiny of supermarket pricing practices through newly announced federal and state parliamentary inquiries.

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News live: Australia was ‘aware in advance’ of Nauru’s decision to sever ties with Taiwan, Conroy says

Meanwhile, Penny Wong begins Middle East visit amid mounting fears of escalating violence in the crisis-torn region. Follow the day’s news live

Western Australian police have confirmed that child abuse detectives are currently in Broome as part of an ongoing investigation into historic child sex offences.

The ABC reported that they were searching a property owned by the Catholic Church, where Broome’s former Catholic bishop Christopher Saunders lived up until late last year.

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Labor says it’s looking for ways to ease cost-of-living pressures. Just don’t mention the stage-three tax cuts

The cuts are already baked into the RBA’s forecasts and economists say there is little point looking at alternatives

Come 1 July, Australian taxpayers will have $20bn more to spend, a pulse of demand in the economy that will keep interest rates higher than they otherwise would be.

That is courtesy of the controversial stage-three tax cuts that are legislated and, it seems, unlikely to be delayed or modified by the federal government.

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‘I was livid’: Sydney single mother pressured by landlord to leave rental just nine months into lease

Fiona was told that the landlord needed to move into the flat, which was then relisted for $300 more a week when Fiona moved out

A Sydney landlord put pressure on a single mother to leave her rental home after just nine months, eventually relisting the property at $300 more a week when the tenant’s lease expired.

Fiona*, who has two children, last year rented a two-bedroom apartment in Arncliffe for $690 a week through agency Century 21.

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Australian capital city rents up 13% over year as further hikes predicted for 2024 amid housing shortage

Housing advocates call for urgent reform to address growing crisis as capital rents hit average of $600 a week

Australia’s record shortage of rental properties will continue to drive prices up for tenants, analysts say, with a new report revealing combined capital city rents rose 13.2% year-on-year.

Data from PropTrack, the property analytics division of REA Group, has revealed national rental prices rose 11.5% over the past year, with combined capital city rents up 13.2% to an average of $600 a week, driven by large increases in Sydney, Melbourne and Perth.

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Labor could raise welfare payments for cost-of-living relief without stoking inflation, economists say

Albanese government would need to couple any increases in unemployment benefits and pensions with savings, experts say

Addressing competition issues and increasing unemployment benefits and pensions are ways the Albanese government could tackle cost-of-living pressures but they would have to be coupled with savings to avoid reigniting inflation, economists say.

The prime minister, Anthony Albanese, on Wednesday said he had asked Treasury and the finance department to develop “further propositions” for providing cost-of-living relief by the May budget.

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Australia’s property market faces fresh peaks and troughs with slowing prices and interest rates tipped to drop

Price trends are unlikely to be straightforward in 2024, even if the RBA’s next move is a rate reduction

Australia’s “rollercoaster” real estate market faces fresh peaks and troughs in 2024 as the prospect of falling interest rates contend with a recent slowdown in price increases.

Renters, meanwhile, are experiencing smaller increases in payments but the share of income going to rent remains at near-record levels with little relief in sight.

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Data reveals most expensive Australian capital to buy petrol – and the cheapest

Drivers in Brisbane bear brunt of record petrol prices this year – ‘only now are we starting to see some relief’

Australian motorists are copping the cost of volatile world oil prices but relief could be in sight.

Drivers in Brisbane bore the brunt of record petrol prices this year, making the Queensland city the nation’s most expensive capital to put fuel in the tank. Regular unleaded cost on average 193.4 cents a litre, an NRMA analysis of 2023 petrol prices across the country revealed.

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Boxing Day sales: retailers expect shoppers to spend $1.25bn amid cost-of-living crisis

Australian Retail Association predicts $23.9bn in spending for sales period ending on 15 January

Retailers are expecting Boxing Day shoppers to spend $1.25bn on Tuesday as the sector hopes for relief from a drop in discretionary spending.

Retail sales have been sluggish throughout 2023 as cost-of-living pressures bite.

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ATO given clear legal advice before launching ‘robotax’ debt campaign

Office told that ‘all debts must be offset’ referring to offsetting taxpayers’ arrears against future refunds and credits

The Australian Taxation Office received “clear advice” from the government’s chief legal adviser before launching a campaign to resurrect historical debts that caused widespread confusion and distress.

Meanwhile, the federal government has distanced itself from the tax initiative, arguing that decisions and processes related to the debts were a matter for the ATO.

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Australia news live: only 54.3% of Virgin flights and 66.3% of Qantas flights on time last month, transport minister says

‘Very disappointing results, it is no wonder that so many Australians remain fed up with our major airlines,’ Catherine King says. Follow today’s news updates live

‘Very, very clear’ renewables are the cheapest form of energy, Bowen says

Renewable energy is the cheapest form of energy, including its storage and transmission costs, the energy minister told ABC RN.

Its conclusions this year are unimpeachable and very, very clear.

The cheapest form of energy is renewable energy, even including the costs that go with renewable energy around storage and transmission.

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Australia news live: Natasha Fyles resigns as Northern Territory chief minister; PM to visit north Queensland flood zones on Thursday

Follow the latest updates live

Communities urged to exercise caution amid ‘huge volumes of water’

QFES commissioner Steve Smith has also made some comments on the flood situation up in Queensland.

There’s still huge volumes of water moving down through the systems, so at different points on the water, in the water catchments, they’re going to have rises. So we need people to stay informed, and they’ve done a great job in doing that. So we want that to continue with the support from community.

No. So we have commenced a search and rescue investigation into that. Degarra was one of the communities we couldn’t get into yesterday, but we have been speaking to a local man where there were a number of rescues completed yesterday in Degarra. So we have dispatched the water police vessel this morning, which left in the early hours of this morning and is on the way to that location. And in addition to that, we’ve now got rescue helicopters going that way as well.

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Tax ombudsman criticises ATO’s robotax for not considering ‘financial vulnerability’ of recipients

Karen Payne says the debt notices had triggered a significant increase in complaints, and may require the government implementing a legislative fix

Australia’s tax ombudsman says the government should consider putting time limits on debt collection and ensure that people are not put into hardship after an ATO campaign to resurrect thousands of historical debts caused widespread distress and confusion.

Karen Payne, the country’s top tax bureaucrat in charge of the complaints management service, said the ATO campaign to extract the debts from tax refunds had triggered a significant increase in complaints, and may require a legislative fix.

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Australians may get more cost-of-living relief in the next budget, Jim Chalmers says

Exclusive: Treasurer says government working on measures to ease the squeeze as well as policies to accelerate transition to net-zero emissions

Jim Chalmers has said Australians could receive more help with cost-of-living relief in the budget next May and confirmed the government is working up new policy measures to accelerate the transition to net-zero emissions.

In an end-of-year interview with Guardian Australia following the release this week of the mid-year budget update, the treasurer said the government would consider further interventions to help households between now and the May budget as long as measures didn’t fuel inflationary pressure, which has been moderating.

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Australian news live: major Victorian road project blows out by more than $10bn; backing UN Gaza ceasefire vote the ‘right call’, PM says

PM says: ‘Hamas can have no role in the future governance of of Gaza, and we need to work towards a political solution.’ Follow the day’s news live

Focus on mental health

The government will be injecting $456m into digital mental health services – including Lifeline and Beyond Blue – to give people to with anxiety and depression better access to mental health services.

Some people go through situational distress through a relationship breakdown or a job loss or bereavement, and they need relatively short periods of support. They might not have a diagnosable mental illness, but they’re certainly distressed and they need support and that really is what the digital investment we’re looking at today is particularly targeted that there are people who go through periods of anxiety and depression and better access.

There’s definitely a gap there for people with more complex needs, but better access which is the scheme that provides Medicare rebates for psychological therapy, the one that we’re talking about, that is not designed to pick up those people and really we need to find alternative systems of support for them.

That is really the concerning growing area of need in the country, not just here in Australia and other countries as well.

They’re now close to $100 a session on average, but there’s many that are higher than that as you indicate. So affordability is a driver of inequity as well and so we’re looking at ways in which we can put out different systems for people who just don’t have the capacity to pay those sorts of gap fees.

We’ve made clear that we will always make the ADF available to states and territories when it’s needed. But we do need to have some other options in place.

We’re a lot better prepared as a country than we were heading into black summer four years ago.

At the federal level, things have significantly changed. We’ve now got one coordinated Emergency Management Agency rather than responsibilities being split between different agencies. We’ve started building a national emergency management stockpile for the very first time, we’ve got the largest fleet of firefighting aircraft that Australia’s ever seen.

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Tropical Cyclone Jasper live update tracker: category 2 storm hits North Qld, more than 14,000 homes lose power, BoM radar track map – latest

BoM tracker map shows forecast path of category 2 cyclone will hit north of Cairns and Port Douglas on the Queensland coast at about 1pm with heavy rain, 140km/h winds and storm surge predicted. Follow the latest Australia news and weather updates today

Ceasefire ‘can’t be one-sided’

Emergency management minister Murray Watt is also speaking to ABC RN this morning, and was asked about the PM’s joint letter with his New Zealand and Canadian counterparts urging a ceasefire.

[It] shows that we want to work with like-minded countries towards what would be a just and enduring peace. I think the whole world has been pleased to see the release of hostages and the pause in hostilities that we’ve seen over the last couple of weeks, but what we need to do is move towards a sustainable ceasefire …

I think everyone who watches this conflict unfolds on their television screens, is really disturbed about the loss of life that we’re seeing go on at the moment.

I think that’s the value that a country like Australia can play here by really taking that even-handed approach that does call out the abhorrent behaviour by Hamas, but also as a friend of Israel, calls on them to respect international humanitarian law.

We are alarmed at the diminishing safe space for civilians in Gaza. The price of defeating Hamas cannot be the continuous suffering of all Palestinian civilians.

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Stronger than expected budget position to fuel calls for cost of living relief, economists say

Majority of additional revenue disclosed in mid-year budget update likely to be banked to avoid further stoking inflation

The Albanese government’s mid-year budget update will reveal a fiscal “sweet spot” fuelled by strong commodity prices, population growth and a resilient labour market, economists say.

But experts believe the government is likely to play down the positive budget position in order to curb calls for more cost of living relief that could stoke inflation and keep interest rates higher for longer.

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Australia news live: ABC cancels The Drum; two feared dead in NSW plane crash

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Education review due

Education minister Jason Clare spoke to ABC News Breakfast just earlier about the much-anticipated review into Australia’s education system, released today.

You talk about entrenched disadvantage in our schools, this report tells us we’ve got one of the most segregated school systems in the OECD, not by the colour of your skin but the size of your parents’ pay packet. Children are more likely to fall behind at school if they’re from a poor family and from the bush, but if they’re at a school where a lot of people are experiencing disadvantage it’s even harder to catch up. There’s a number of things we need to do to turn that around.

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Australia news live: Shannon Fentiman announces tilt at Queensland Labor leadership

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Palaszczuk made decision ‘in the interest of the state’, Swan says

ALP national secretary Wayne Swan has spoken to ABC RN about Queensland premier Annastacia Palaszczuk’s resignation announcement yesterday.

That’s always ever present for any leader at any time but I think she made the decision in the interest of the state and I think in her own interest as well.

I think people are sensibly discussing what the options are and if one candidate has a pretty clear majority then I think it would be unlikely that you’d see a battle, because it would simply be very difficult for the government over a period of time when they need to re-establish a leader in the job.

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