BREAKING: The Reserve Bank board has lifted the official cash rate to 3.85 per cent, the highest level in 11 years. It comes a year after the central bank started raising it from the historic low of 0.1 per cent in a bid to tackle inflation. More here:
Tourists have been urged to respect local laws and customs when travelling overseas following the recent arrests of two Australian men who are facing prison time for alleged crimes in Indonesia.
The chief of the village where the alleged incident occurred has said the resort Risby-Jones was staying inRisby-Jones faces as many as five years in prison if convicted.The government’s travel advice said tourists shouldn’t expect to be treated differently by local authorities because they were Australian.
Health Minister Mark Butler today announced the major crackdown on vaping products in a bid to rid convenience store shelves of thousands of products. He also said the tobacco tax would go up 5 per cent per year over three years., Kearney said Labor was “really going out on the front foot” with the policy, which she felt would have a “profound impact on the health of our young people”.
The premier said the stimulus program, launched by the former Coalition government to help parents fund sports activities, had not been fully funded by his predecessors and could be cut under a pre-budget review.Vince Caligiuri Opposition leader Mark Speakman said any moves to scrap the program would constitute a backflip from the new government, who he accused of “looking for cuts to satisfy union bosses”.
“This change will need to be very carefully considered because a lack of workers doesn’t just hold back our productivity, it makes it harder for Australians to get the services they want and need,” she said. “It is clear that as working rights of international students are wound back, alternative migration pathways will be needed to ensure we avoid areas of potential labour shortages across significant segments of the economy,” he said.
“We’ve heard many economists in recent days saying it’s achievable and that budget surplus and ongoing budget balance, with an ongoing commitment to budget balance, is absolutely crucial to take pressure off interest rates and inflation because the harsh reality is if the government doesn’t balance its budget, households and businesses have to do the work for it.
ACT Policing was called to a home in Watson about 8.30am on Monday after being told a man dressed in dark clothing allegedly threatened Kyrgios’ mother, Norlaila, with a gun before demanding she hand over the keys to the Tesla parked in the driveway.Police said the man drove away in the car, however, Kyrgios was able to track the car’s movements via GPS tracking on his phone.
Treasurer Jim Chalmers speaks in Canberra after the RBA’s shock decision lift interest rates on Tuesday.“We know that Australians, particularly vulnerable Australians, are doing it tough across the board … We understand that particularly people on payments [are] doing it tough and that’s why the energy bill relief is directed towards people on pensions.
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