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, who returns from Europe late this afternoon where he attended the Nato summit and made diplomatic trips to Ukraine and France, is expected to visit flood-affected communities in and around Sydney later this week.Elsewhere, the cargo ship the Pacific Bay,
after suffering a power failure and being cast adrift, is still stuck, with rescue efforts yesterday hampered by further bad weather. We’ll continue to bring you the latest on that.by 50 basis points, lifting the official cash rate from 0.85% to 1.35%.and I’ll be your intrepid blogger this morning.
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