Category Archives: Australian economy

Passengers treated after ‘technical problem’ – as it happened

Posted on by

This blog is now closed.

Outer suburban drivers overtake inner-city drivers in EV uptake

New data from the Electric Vehicle Council shows that outer suburban drivers have overtaken inner-city drivers in their EV uptake.

I think some tired stereotypes about EVs in Australia will need to be updated.

What this data tells us is that the average EV buyer lives in the suburbs and might well be keen to use the new car to take the kids camping on the weekend. They might even be thinking about towing a boat.

Continue reading...

Lowitja O’Donoghue remembered at state funeral – as it happened

Posted on by

North Melbourne’s Alastair Clarkson free to coach in round one after avoiding suspension for outburst in weekend’s trial match. This blog is now closed

Scooter rider dies in crash in Sydney

A scooter rider has died following a crash at North Ryde in Sydney this morning.

We are yet to see her beautiful eyes open, however, she has shown some really positive signs that she may be hearing her loved ones.

Continue reading...

Almost 1 million Australians are working at least two jobs as cost-of-living pressures bite

Posted on by

More workers are taking on multiple jobs as they grapple with higher interest rates, inflation and underemployment

Almost 1 million Australians are working at least two jobs as many workers struggle to meet cost-of-living pressures amid rising underemployment.

The latest figures from the Australian Bureau of Statistics released on Friday show 970,700 people held multiple jobs in December 2023, up from 957,100 three months earlier.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup

Continue reading...

Australia news live: former Victorian MP Fiona Patten winds up Reason party and rules out political comeback; police to provide update in Samantha Murphy press conference

Posted on by

Follow the day’s news live

NSW government urged to double social housing by 2050

Homelessness NSW is urging the state government to spend $1bn each year for a decade to double the supply of social housing by 2050.

NSW has failed to invest in social housing for decades. Last year, just one-fifth of people seeking help from homelessness services could find long-term accommodation.

Right now, many of the 57,000 households on the social housing waitlist are forced to wait up to a decade for a safe and stable place to call home.

Underfunded frontline providers are being flooded with calls for help and forced to turn away one in every two people who need accommodation. Services will be unable to keep staff on or their doors open without more funding.

Even for people who get through the door, help is limited. Half of those who need temporary or crisis accommodation cannot access it. That means women and children are forced to return to violent partners, seek shelter in a vehicle, on a couch or the street.

But there has been no improvement in closing the gap on life expectancy, with Indigenous Australian males and females expected to live 8.8 and 8.1 years respectively, less than other Australians.

The target to reduce the number of children in out of home care is not on track, while the target to reduce adult imprisonment is not on track and worsening.

Continue reading...

Competition watchdog to call for power of mandatory disclosure in investigations

Posted on by

ACCC chief Gina Cass-Gottlieb wants legislaltion changed to enable it to force businesses to give up data without the need for government backing

The competition watchdog should have its powers increased so it can initiate its own inquiries with mandatory disclosure clout, says Gina Cass-Gottlieb, the head of the Australian Competition and Consumer Commission.

The ACCC can now launch its own investigations, such as a probe into exorbitant foreign exchange transfer fees. However, the agency only has compulsory information collection powers if specifically directed by the government such as for its current probe into supermarket behaviour.

Continue reading...

Labor pledges 12% superannuation on publicly funded paid parental leave

Posted on by

Plan designed to help close retirement savings gap between women and men is expected to cost $250m a year from July 2025

Parents will receive 12% superannuation – or about $106 a week – on their publicly funded paid parental leave from July 2025, under a major initiative to be announced by the Albanese government.

The decision, expected to cost at least $250m a year to the federal budget, responds to calls from the Women’s Economic Equality Taskforce, unions and the crossbench to pay super on PPL as a way to help close the retirement savings gap between women and men.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup

Continue reading...

Australia news live: West Gate Bridge climate protesters jailed; Greens propose plan for 360,000 homes

Posted on by

Proposal to create a public property developer, with 70% of homes offered for rent, and rents capped at 25% of average household income. Follow the day’s news live

New analysis shows 2m hectares of Queensland forest destroyed in five years

More than 2m hectares (4.94m acres) of bushland in Queensland that included large swathes of possible koala habitat has been cleared over a five-year period, new analysis shows.

Continue reading...

Australia news live: Higgins and Reynolds in defamation mediation talks; first apparent lithium battery-related fire deaths in NSW

Posted on by

Follow the day’s news live

Zoe Daniel says Asean has not done enough on crisis in Myanmar

The independent MP for Goldstein, Zoe Daniel, was just on ABC RN to discuss the ongoing humanitarian crisis in Myanmar. She argued that Asean hasn’t done enough on the issue, and needs to do more.

There’s also I think, a desire within Asean for economic cooperation and to try to take that route with the junta as a form of leverage … My concern though is that, I think, that we might be heading down the path of a form of normalisation with the junta and you’ve currently got a situation where about 30% of the country is in stable control of rebel ethnic groups, and the junta is really only holding the major cities.

Any form of normalisation with the junta that is pushed by Asean, and I think will be raised with the Australian government for support this week, could backfire because it could in effect allow the junta to enter some of those areas that are reasonably stable and are actually managing themselves.

Continue reading...

Australia to launch $2bn fund to ‘turbocharge’ trade with south-east Asia

Posted on by

Anthony Albanese plans to boost clean energy and infrastructure exports, and increase visas for travellers from the region

Australia will set up a $2bn fund to “turbocharge” trade and investment in south-east Asia, with a focus on clean energy and infrastructure.

The prime minister, Anthony Albanese, will announce the fund in Melbourne on Tuesday when he addresses a gathering of 100 chief executives from Australia and south-east Asia.

Continue reading...

Australia news live: NSW government to look ‘really closely’ at GPS rules for police-issued weapons after killing of Luke Davies and Jesse Baird

Posted on by

‘Change needs to be made’ on NSW police policies and procedures, premier says. Follow the day’s news live

‘Context has changed’ since NSW lit up Opera House to support Israel, Minns says

ABC News Breakfast host Michael Rowland:

You ordered the lighting up of the Sydney Opera House sails in support of Israel after 1,200 Israelis were murdered by Hamas terrorists on October 7. Since then, 30,000 Palestinians have died. Will you consider lighting up the Sydney Opera House in support of Palestine?

This is an international conflict now and I don’t want to further exacerbate or pull apart Sydney’s already quite volatile mix. I would make the point that much of what will be said in New South Wales will [not] affect the peace situation in the Middle East, but a lot of what could be said can affect peace right here in this state. So we need to be careful with our commentary, we need to focus on not exacerbating community tensions or divisions, and that’s going to be the NSW government’s approach over the coming months.

Continue reading...

Australian workers’ productivity drops 3.7% as employment surges and investment slows

Posted on by

Wage growth from higher employment and hours worked without output gains could fan inflation, Productivity Commission warns

A surge in employment combined with scant investment by firms to improve output triggered a sharp drop in worker productivity, limiting prospects for income growth without fanning inflation, the Productivity Commission said in its annual report.

Across the economy, productivity fell 3.7% in 2022-23, as output growth failed to keep pace with a record 6.9% increase in hours worked, the commission said. A rush by employers to hire new staff was much higher than in previous bursts – the nearest comparison was the 4.3% rise in hours worked in 1988-89.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup

Continue reading...

Australia politics live: Victorian premier cancels iftar dinner after Muslim peak bodies boycott; jump in renewable energy investment

Posted on by

Jacinta Allan confirms dinner, which has been held since 2015, will not go ahead. Follow the day’s news live

Hockey says Asio boss should name accused politician in interests of transparency

Joe Hockey said it was “not standard practice”, as Hockey is now apparently an expert in how Asio and like-minded security agencies operate.

You know, they’ve launched investigations over here. I mean, you know, you had you had the Mueller inquiry into President Trump. You had an FBI inquiry into Hillary Clinton. You don’t just make this allegations, leave them unnamed and say, ‘Oh, yeah. They’re back in the community. They’re fine’, that just does not happen.

I mean, allegations have been made against Senator Menendez here as a sitting senator. They named the sitting senator.

Talking about a traitor amongst the ranks. He shouldn’t do that. If he’s not going to name that person. It’s absurd. It’s absolutely absurd.

It’s inconceivable here in the United States or the United Kingdom, or most other countries, that the head of the intelligence agency would go out and make that statement without telling everyone who it was.

Continue reading...

Deal allows police to march in parade – as it happened

Posted on by

This blog is now closed.

On the “broken promise” of changing the stage-three tax cuts (the latest Guardian Essential poll had Albanese falling in the trust stakes) the prime minister said:

We made not an easy decision. We made the right decision for all the right reasons. We know that families are under cost of living pressure.

The idea that we could sit back and ignore the clear recommendations that this was the best way that we could have an impact on providing that assistance to middle Australia without putting upward pressure on inflation – we couldn’t ignore that.

This is just a terrible incident that’s occurred here. The loss of the two young men and I feel for the grieving of the family, the friends. They obviously were full of life, because so many people interacted with them. It’s a really tough day for, as well, the queer community, and it’s been a very difficult time.

Continue reading...

Lidia Thorpe backs Mardi Gras over NSW police decision – as it happened

Posted on by

This blog is now closed.

The trade minister, Don Farrell, is at the World Trade Organisation ministerial conference in Abu Dhabi where he had a sideline chat with China’s commerce minister, Wang Wentao, overnight.

Sideline chats are the unofficial official talks – it’s not considered a bilateral, but both sides have to agree to the talk in order for it to happen. So it’s not just a see them and grab situation between sessions. It’s a little more planned than that.

Continue reading...

Greens-Coalition alliance may force Chalmers to keep power to overrule RBA on rates

Posted on by

Chalmers had announced plans to scrap the veto power but former treasurers and RBA governors say it is a vital ‘safety valve’

An alliance between the Greens and Liberal parties in the Senate could force Jim Chalmers to keep a government power that allows treasurers to overrule Reserve Bank decisions on interest rates.

Chalmers announced plans to scrap the veto power in the government response to recommendations from a panel which reviewed the Reserve Bank operations and made suggestions for improvement.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup

Continue reading...

Australia news live: NSW police officer charged with murder after disappearance of Jesse Baird and Luke Davies

Posted on by

Former celebrity blogger expected to face court. Follow updates live

What will happen if there’s a storm during today’s Taylor Swift concert?

With a thunderstorm forecast at Sydney Olympic Park this evening, many are asking what this means for the Eras tour?

The show will play, rain or shine. The only exception would be severe weather, which could impact the safety of artists and patrons. Such a decision would be made by NSW Police, the event promoters and Venues NSW staff.

Please follow venue screens and staff instructions in these circumstances.

Continue reading...

Australia news live: wages rise by 4.2% over 2023 in highest growth since 2009; flight cancellation crackdown

Posted on by

Transport minister Catherine King unveils overhaul to legislation governing Sydney airport, to significantly increase transparency over allocation of take-off and landing slots. Follow the day’s news live

Man dies after electric unicycle crash in Victoria

A man has died after crashing his electric unicycle in Bellfield yesterday evening.

We have concerns for his health. We have been working consistently since coming to government, particularly behind-the-scenes, to say that we believe Mr Assange should be returned … These sort of issues of diplomacy are not always best done through a megaphone, but we will continue to advocate for an end to this and see Mr Assange returned home.

Continue reading...

Hastie’s defence comments ‘unhinged and misleading’, Conroy says – as it happened

Posted on by

This blog is now closed.

Ex-cyclone Lincoln could gather strength and redevelop

A massive storm that lashed the Top End with heavy rain could gather strength and redevelop into a tropical cyclone, AAP reports.

We’ve seen all the leaders of major parties say they take on board and accept in the recommendations … but it appears very little has changed on the ground. We still have unlimited and unmonitored alcohol consumption in Parliament House and in the workplace.

That’s why I put to the prime minister random testing could be introduced. Because we know from – even from driving, it’s a deterrent. As soon as you have a risk of getting caught, it changes behaviour.

People have had enough of politicians thinking there’s different standards that apply to them in Parliament House than what applies in other workplaces.

Continue reading...

Australia news live: Taylor Swift shows to go ahead at Sydney Olympic Park after no asbestos found – as it happened

Posted on by

NSW environment watchdog gives venue green light after tests; agency says schools at Marsden Park and Orchard Hill found to have mulch containing bonded asbestos. This blog is now closed

Asked about the Barnaby Joyce incident and “issues of alcohol in Parliament House”, Chandler-Mather says the public is right to expect “a high standard for politicians”, even though they “don’t always deliver”.

Look, personally, in general I don’t think drug testing and alcohol testing in any workplace is necessarily a good idea. People are justifiably upset at the standard politicians hold themselves to.

When we talk about immigrants, we’re talking about the nurses and teachers, construction workers. Secondly, we saw during Covid net migration reached near zero and house prices continue to … go up. Property is treated as a massive speculative asset that drives up the price of housing.

I want to be clear, we have enough homes for people to live in. We have enough construction materials to build the homes for the new people coming to this country. We don’t have the political will to take on a housing system and property developers who restrict supply to make money for themselves and treat housing as a huge speculative asset.

Continue reading...

BoM issues cyclone alert for NT and Queensland; NSW Health warns of high-dose MDMA tabs in circulation – as it happend

Posted on by

Heavy rainfall is expected to hit the Gulf of Carpentaria coast with a risk of a possible tropical cyclone from Thursday. This blog is now closed

Not everyone voted to bring Julian Assange back to Australia

Looking at the Hansard, it seems there were 11 MPs who abstained from voting on the Assange motion:

Continue reading...