Key occasions
Elias Visontay
Sydney the one metropolis paying larger transport prices over final quarter
Transport prices have eased for all Australians – apart from Sydneysiders – as falling gas costs and cheaper public transport fares mixed with rising wages.
Typical Australian family spending on transport declined by 2.6% within the September quarter, the most important lower in transport inflation since 2017, regardless of the broader measure of inflation throughout society (the buyer worth index) climbing by 0.2% within the quarter.
Evaluation of transport affordability, produced by the Australian Car Affiliation (AAA), discovered that the buyer reduction was pushed by a mean $338 discount in a typical family’s gas invoice, coupled with cuts to public transport ticket prices.
This consists of non permanent free transport gives in Canberra and Darwin, in addition to Queensland blanket 50c fares which have been launched in August however have since change into everlasting.
Nevertheless Sydney bucked the development as the one location within the nation the place family spending on transport rose. This was as a result of larger toll highway expenses, which have annual will increase baked in, offset the advantages of cheaper gas.
Brisbane’s annualised typical family transport prices dropped by $3,316, or 12.5%; Canberra’s by $1,799, or 7.2%; and Darwin’s by $1,416, or 6%. Throughout the 5 different state capitals, the typical change in transport prices was solely 0.7%.
AAA’s managing director, Michael Bradley, stated transport prices have been nonetheless considerably larger than earlier than the pandemic, with a typical family’s prices rising from 13.9% of its earnings in September 2019 to 16.1% in September 2024. Bradley stated:
Transport is a major and unavoidable expense, and rising transport expenditure can also be one of many key drivers of inflation. Governments in any respect ranges should take into account these price pressures when formulating coverage.
Easey Avenue suspect returns
Virtually 5 a long time on from the “gruesome” and “brutal” alleged homicide of two girls of their residence, a suspect within the investigation into the frenzied stabbings has touched down in Australia, Australian Related Press stories.
Perry Kouroumblis landed in Melbourne late on Tuesday night time after being extradited from Italy, marking the primary time in about eight years he has stepped foot on Australian soil.
Police have been set to interview Kouroumblis on Wednesday and he was anticipated to face Melbourne magistrates court docket later within the day.
Victoria police stated in an announcement that he’ll formally be charged with two counts of homicide and one rely of rape throughout this court docket look.
He maintains his innocence.
He was arrested at Rome’s Leonardo Da Vinci Airport in September in connection to the alleged killing of Suzanne Armstrong, 28, and Susan Bartlett, 27, in January 1977.
Dubbed the “Easey Street murders”, the chums have been discovered lifeless with greater than two dozen stab wounds of their residence on Easey Avenue in Collingwood in Melbourne’s inside north.
Welcome
Good morning and welcome to our dwell information weblog. I’m Martin Farrer with the highest in a single day tales after which Rafqa Touma shall be your host.
Cbus, the tremendous fund heavyweight chaired by former treasurer Wayne Swan, has launched an unbiased evaluation of its governance and board members which concludes that partnerships with the CFMEU’s building arm could not have been in the very best pursuits of its members. Extra particulars arising.
A day after our Important ballot revealed voters thought the federal government had performed poorly on the important thing problems with housing affordability and wages, a new survey exhibits help for federal Labor is at Scott Morrison-type low ranges, with not more than six months earlier than the subsequent election. Now we have the small print, plus at present’s Full Story podcast wanting on the state of play in Canberra.
The person needed for questioning by police over the Easey Avenue murders in 1977 has landed in Melbourne in a single day. Perry Kouroumblis, 65, a Greek Australian, has been extradited from Italy to face questioning by police at present over the alleged killings of Suzanne Armstrong and Susan Bartlett in Melbourne. He maintains his innocence. Extra arising.
And there’s excellent news for commuters – transport prices have seen their greatest fall in years. In all places apart from one metropolis, that’s. Extra on that quickly.