Qatar Airways’ acquisition of 25% stake in Virgin Australia permitted
Qatar Airways’ acquisition of a 25% stake in Virgin Australia has been permitted by the federal authorities, AAP reviews, topic to circumstances.
The treasurer, Jim Chalmers, has introduced the approval, saying the proposal would ship extra flights for Australians, create Australian jobs and strengthen competitors within the aviation sector.
My choice aligns with the recommendation of the International Funding Evaluate Board that this proposal is in line with the nationwide curiosity.
The federal government approval adopted cross-government session by Treasury, partaking the aviation business, unions and different related stakeholders.
It follows the draft dedication by the Australian Competitors and Client Fee to permit the airways to interact in co-operative conduct underneath an built-in alliance for 5 years, main to twenty-eight new weekly return companies between Doha and Perth, Brisbane, Sydney and Melbourne.
Chalmers stated he had permitted the proposal topic to legally enforceable circumstances to make sure Australian illustration on Virgin’s board and safety of its buyer information.
The CEOs of Virgin Australia and Qatar Airways have written to me with assurances that this funding will create employment advantages and job progress alternatives for Australians.
The proposal is predicted to offer a long-term pathway for Virgin Australia to function its personal long-haul flights.
Key occasions
Dutton says he has all the time acted with ‘honour and integrity’ as historic financial institution shares raised
The opposition chief, Peter Dutton, spoke with Dawn earlier this morning the place he was once more requested about his funding in financial institution shares in the course of the world monetary disaster.
He informed this system that he has “always conducted myself with honour and I don’t think anyone has ever disputed that”.
I noticed values in financial institution shares that had been depressed on the time, not due to balance-sheet issues … or due to profitability. It was a possibility I noticed to take a position and, if there was something to cover, I’d not have declared. I supplied that info. I’ve by no means acted … in a manner that’s something aside from honourable and with integrity.
Dutton was requested whether or not he would launch the minutes of the shadow cupboard assembly from the time, to show Labor’s financial institution bailout wasn’t introduced up forward of time.
The opposition chief stated these minutes are “pretty sacrosanct” and it was “probably a decision for others”. He turned the main focus again on the Labor authorities, and stated:
There would have been discussions on the time on different matters so I simply suppose let’s name it for what it’s. The federal government is having a shocker. The prime minister is on his knees. The federal government is collapsing. They’re throwing filth from 15, 16 years in the past. Why not elevate these points prior to now?
Qatar Airways’ acquisition of 25% stake in Virgin Australia permitted
Qatar Airways’ acquisition of a 25% stake in Virgin Australia has been permitted by the federal authorities, AAP reviews, topic to circumstances.
The treasurer, Jim Chalmers, has introduced the approval, saying the proposal would ship extra flights for Australians, create Australian jobs and strengthen competitors within the aviation sector.
My choice aligns with the recommendation of the International Funding Evaluate Board that this proposal is in line with the nationwide curiosity.
The federal government approval adopted cross-government session by Treasury, partaking the aviation business, unions and different related stakeholders.
It follows the draft dedication by the Australian Competitors and Client Fee to permit the airways to interact in co-operative conduct underneath an built-in alliance for 5 years, main to twenty-eight new weekly return companies between Doha and Perth, Brisbane, Sydney and Melbourne.
Chalmers stated he had permitted the proposal topic to legally enforceable circumstances to make sure Australian illustration on Virgin’s board and safety of its buyer information.
The CEOs of Virgin Australia and Qatar Airways have written to me with assurances that this funding will create employment advantages and job progress alternatives for Australians.
The proposal is predicted to offer a long-term pathway for Virgin Australia to function its personal long-haul flights.
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Cait Kelly
Extra information from newest First Dwelling Purchaser report
Persevering with from our final submit: Area’s chief of analysis and economics, Dr Nicola Powell, stated the report highlights “the big challenges first-home buyers face in Australia”.
Previously 5 years, entry home costs have elevated 58%, whereas unit costs have risen by 27%. In the meantime, inflation surged 20%, and wages solely grew by 15%. This exhibits the rising hole between earnings and property prices, making it more durable for first residence consumers to get into the market.
She stated there was some excellent news, pointing to Sydney, the place “it’s now 15 months faster to save for an entry-level unit compared to five years ago” regardless of being the hardest metropolis general.
That is because of larger wages, higher rates of interest on financial savings, and extra steady unit costs. On the flip aspect, Brisbane, Adelaide and Perth have seen longer saving instances for each items and homes as a result of costs have risen quicker than wages and saving charges.
Darwin was nonetheless the highest metropolis for first residence consumers, she stated, having the quickest path to residence possession with “just three years and five months needed for an entry-level house and two years and one month for a unit – half the time it takes in Sydney”.
These variations spotlight the large hole in affordability throughout cities, making it clear that coordinated authorities motion is required to sort out Australia’s housing scarcity.
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Cait Kelly
It takes 20 months much less to avoid wasting for entry-level unit than a home, report exhibits
Area’s newest First Dwelling Purchaser Report has revealed that purchasing a unit saves virtually two years in contrast with shopping for a home, making it one of many quickest methods for first-time consumers to personal a house.
Whereas mortgage serviceability and financial savings time have improved since final 12 months, excessive residence costs and rising debt prices are nonetheless main obstacles to coming into the property market.
Listed here are they key findings from the report:
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Throughout the mixed capitals, it takes about 20 months much less to avoid wasting for an entry-priced unit than a home. This distinction is even higher in Sydney and Canberra, at two years and 5 months and two years and 4 months quicker, respectively.
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Saving for a 20% deposit as a primary residence purchaser in Australia varies significantly. A home in Sydney takes the longest path to residence possession, whereas a unit in Darwin gives the quickest.
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Brisbane, Adelaide and Perth had been the one cities the place the time to avoid wasting for an entry-priced home or unit deposit elevated, as double-digit worth progress outpaced wage progress and better saving charges.
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Melbourne is the one capital metropolis the place the time to avoid wasting for each an entry-priced home and unit deposit has decreased over the previous 5 years. Because of this, Victoria now leads the nation in first-homeowner participation.
Sportsbet drops controversial multi-bet adverts throughout dwell AFL and NRL broadcasts
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Henry Belot
Playing big Sportsbet will now not promote dwell betting odds and multi-bet choices throughout sport broadcasts, acknowledging robust neighborhood criticism.
The choice has been made regardless of the federal authorities’s choice to defer any motion on playing adverts till after the election.
A bipartisan parliamentary inquiry known as for playing adverts to be banned 20 months in the past, because of neighborhood hurt and the shut affiliation of sport and wagering.
For a number of years, Sportsbet has advised same-game multis throughout televised protection, in segments hosted by the previous athletes together with Richmond’s Nathan Brown.
These bets enable playing on a mix of outcomes similar to possessions and purpose scorers, and all should succeed earlier than cash is paid out. The promotions have been criticised as one instance of a bombardment of playing ads now related to the game. The AFL will get a minimize of cash gambled on these choices.
Sportsbet has confirmed it should now not air the controversial adverts:
Sportsbet can affirm that after listening to stakeholder and neighborhood sentiment on playing promoting, we’ve got taken the choice to take away integrations and ‘odds style’ adverts in dwell sporting broadcasts.
The corporate will proceed to broadcast different adverts with out dwell odds.
Good morning
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Emily Wind
Emily Wind right here, signing on for running a blog duties – because of Martin for kicking issues off for us. I’ll be taking you thru our rolling updates for many of right this moment.
As all the time, you’ll be able to attain out with any ideas, suggestions or questions through electronic mail: emily.wind@theguardian.com. Let’s go.
Australia on attraction offensive to counter Pacific threats
Australia is searching for to shore up its nationwide safety by means of smooth energy diplomacy as america threatens a Pacific retreat, AAP reviews, leaving a vacuum China may exploit.
The international affairs minister, Penny Wong, has tasked her division to overview all tasks within the Pacific and south-east Asia funded by US international help that has been frozen by the US president, Donald Trump, and stays at menace of being minimize completely.
It could give Australia eyes on what gaps may emerge from any US funding drain and assist plan for challenges that will come up from tasks collapsing.
On high of the humanitarian advantages, the international affairs minister has pointed to improvement help and help being good for Australia’s nationwide safety by guaranteeing the area was steady and bolstering diplomatic ties.
It helped tackled regional challenges together with poverty, healthcare, local weather change and meals safety, Wong stated in a 2025 international coverage snapshot launched right this moment.
Australian improvement help, diplomatic efforts and multilateral engagement contributed to peace constructing and battle prevention, the doc states.
Navigating a protectionist Trump administration, Wong echoed her public feedback in regards to the president’s America first agenda shaking up the superpower’s function on the planet however expressed confidence at navigating challenges.
Girl dies after taking pictures in Toowoomba
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Catie McLeod
A lady has died and a number of streets had been locked down after a taking pictures in Toowoomba yesterday.
Queensland police had been known as to a house in North Toowoomba after receiving reviews of the taking pictures at about 2pm.
A lady in her 20s was taken to Toowoomba Hospital with life-threatening accidents from reported gunshot wounds, a Queensland Ambulance Service spokesperson stated.
The Queensland police Darling Downs district performing detective inspector, Brian Collins, stated the lady was discovered on the footpath with critical accidents and she or he died in hospital.
He stated nobody else had been injured and “three associates” of the sufferer had been aiding police with their inquiries.
Shadow residence affairs minister on Chinese language warship naval drills
James Paterson additionally had his say final evening about the naval drills carried out by China off the coast of Australia final week, describing the workout routines as “provocative and designed to send a message to Australia”.
The looks of the warships off the south coast of New South Wales induced a furore and appeared to catch the navy without warning. Peter Dutton accused Anthony Albanese of “ducking and diving” yesterday about what he knew in regards to the incident. Chinese language ships had been then seen off Tasmania inside Australia’s unique financial zone.
Talking on 7.30, Paterson stated the drills had been “designed to send a message about the reach and the power and the capability of the Chinese defence forces”, and that the workout routines in worldwide waters was sending “a message they want us to hear”.
His feedback echoed these by Coalition MP Andrew Hastie who stated yesterday that he believed China was “testing US allies as Donald Trump resets relationships in Europe”. Nevertheless, Paterson dismissed the suggestion that China was solely doing what Australian warships do once they sail within the South China Sea.
Once we do operations like this, it’s completely in line with worldwide regulation and finest follow. The identical can’t be stated for China. They didn’t give us discover in any respect, not even sufficient discover. They did it underneath a flight path, that required 49 plane to divert themselves for the security of the passengers on board. And so they did so in a manner that was extraordinarily reckless and provocative.
Labor and Coalition commerce blows over Dutton’s financial institution share investments throughout GFC
Labor and Coalition proxies have traded blows after the revelations about Peter Dutton’s funding in financial institution shares in the course of the world monetary disaster.
The opposition chief defended his “astute” purchases yesterday however Labor MP Andrew Charlton, who was an financial adviser to Kevin Rudd on the time, stated on 7.30 final evening that whereas everybody in authorities, the opposition and public servants had been “working every single day, tirelessly, to save Australia and save Australians”, Dutton was “focused on his own financial interest”.
Nevertheless, James Paterson defended his chief and stated that Labor had resorted to a “grubby attack” as a result of “they have very little to talk about” relating to their very own achievements”.
Dutton had been clear, he stated, and had not been aware about any market delicate info.
It displays on the Labor celebration they’re spending taxpayers’ cash in a dust unit digging up 16-year-old share trades to be able to dish it out on Peter Dutton within the lead-up to an election, reasonably than specializing in the issues that Australians are involved about in their very own lives, together with the very urgent issues with the price of residing but additionally neighborhood security and nationwide safety.
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Cait Kelly
Extra from final evening’s Senate estimates
Persevering with from our final submit: Wait instances for home-care packages have grown to a median of six months, with medium-priority purposes blowing out to 11 months, the Division of Well being and Aged Care revealed final evening in Senate estimates.
The primary assistant secretary, Thea Connolly, stated:
The essential factor to notice is that if an individual is assigned a high-priority package deal, they obtain their package deal inside one month, however what meaning is that they go to the entrance of the queue, and that causes medium-priority individuals on the waitlist to have to attend longer … It’s sudden when it comes to the extent of demand that we’re seeing. It’s unprecedented.
The house care packages program was designed a few years in the past to be a measurement I consider round, initially launched with lower than 100,000 packages. We’re now up over 300,000 packages and this system is struggling to maintain tempo. It wasn’t designed on this surroundings. That’s why help at residence is basically so vital.
The federal government has stated the Help at Dwelling program will substitute residence care packages and the Brief-Time period Restorative Care program from 1 July 2025.
Greater than half of aged-care sector not assembly care necessities, Senate estimates hear
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Cait Kelly
In Senate estimates final evening, the assistant secretary of residential care funding reform, Mark Richardson, stated greater than half of aged care suppliers throughout the nation usually are not assembly the brand new care minutes.
In response to the royal fee on aged care, the federal government mandated that from 1 October 2024 suppliers should ship 215 care minutes per particular person every day. This contains 44 minutes of registered nurse care.
Answering a query on whether or not over-reporting of care minutes was of concern, Richardson stated:
Whereas 55% [of providers] are reporting that they’re not delivering their care minute targets, I’d argue that there isn’t systemic over-reporting.
Whereas we’re re-capping final evening’s Senate estimates, aged care high quality and security commissioner Liz Hefren-Webb stated they’re getting about 10,000 complaints a 12 months. When speaking in regards to the staffing ranges for the fee, she stated:
We get round 10,000 complaints a 12 months and we intention to resolve these complaints inside 60 days. So having ample staffing is vital in assembly that deadline. It additionally allows us to undertake a ample variety of audits, of residential aged care services and likewise of home-based companies.
Tens of millions face rise in medical health insurance premiums
Tens of millions of Australians will quickly be paying extra for personal well being cowl after the approval of premium will increase for insurers who say the rise is as little as they’ll go, AAP reviews.
The federal authorities has signed off on a median business premium enhance of three.73%, the well being minister, Mark Butler, introduced yesterday. It is a rise on earlier years however lower than the 6% soar some insurers had hoped for.
Already some have introduced their will increase will likely be larger, with insurer NIB asserting a median rise of 5.79%.
The insurer’s chief government, Ed Shut, stated premiums had been pushed up by hospital prices together with wages and provides rising, in addition to the renewal of contracts with non-public hospitals. HBF introduced a 2.8% common premium enhance.
The Non-public Healthcare Australia CEO, Rachel David, stated the rises had been “as low as the health funds can go without seriously squeezing private hospitals and other providers”. The adjustments take impact in April.
The opposition well being spokesperson, Anne Ruston, stated the incoming enhance was the best in seven years and policyholders had been left with little time to buy round earlier than their premiums go up.
Welcome
Good morning and welcome to our dwell information weblog. I’m Martin Farrer with among the major breaking tales this morning earlier than Emily Wind steps in.
Tens of millions of Australians will quickly be paying extra for personal well being cowl after the approval of premium will increase for insurers. The federal authorities has signed off on a median business premium enhance of three.73%, the well being minister, Mark Butler, introduced yesterday, though the insurer NIB stated its common rise can be 5.79%. The opposition well being spokesperson, Anne Ruston, stated the incoming enhance was the best in seven years. Extra arising.
Penny Wong has launched a attraction offensive within the Pacific in an effort to shore up Australia’s smooth energy amid the menace that the US may start to drag again from the area. In a 2025 international coverage snapshot launched right this moment, the international affairs minister outlines a plan to process her workers with reviewing all tasks within the Pacific and south-east Asia funded by US international help that has been frozen by Donald Trump and stays at menace of being minimize completely. Extra arising.
On related floor, Liberal senator James Paterson has described China’s naval drills off the coast of Australia as “provocative and designed to send a message to Australia”. He additionally informed ABC’s 7.30 final evening that the workout routines had been “reckless”. It got here after Anthony Albanese and Peter Dutton clashed over the drills, which appeared to catch the authorities without warning. Extra on this arising as we attempt to unravel who knew what and when.