Chalmers hyperlinks Center East battle to inflation combat
Karen Middleton
The treasurer, Jim Chalmers, has weighed into debate over the Center East battle, telling international monetary counterparts in Washington DC that any escalation represents a menace to the worldwide economic system and can make the combat in opposition to inflation more durable.
In a speech to G20 financial and finance ministers and different senior leaders gathered for conferences of the Worldwide Financial Fund and World Financial institution, Chalmers has instantly linked the now-multi-front Center East battle to the destiny of the economic system, internationally and at house.
The worldwide economic system is unsure and the worldwide outlook is unsettling.
The treasurer warned that any escalation of the battle risked entrenching inflation issues worldwide:
A broader warfare may put upward strain on oil costs, lengthen the combat in opposition to inflation and threaten the tender touchdown that all of us search. In searching for ceasefire and de-escalation, we’re centered on the human disaster however there are financial penalties too. We all know that extra bloodshed is without doubt one of the largest threats to the worldwide economic system. None of us will escape the financial penalties of an escalating warfare within the Center East.
The speech is Chalmers’ most direct public intervention on the financial impression of Israel’s warfare in opposition to Hamas in Gaza and the related battle with Hezbollah in Lebanon.
He pointed to a ten% spike in oil costs inside weeks of the battle increasing in October and stated the uncertainty in regards to the scenario had elevated demand for safe-haven belongings and pushed the value of gold up by 48%. Chalmers warned {that a} tender touchdown was assumed “but not assured”.
Key occasions
No-grounds eviction ban passes in NSW
An extended-awaited ban on landlords evicting tenants for no cause handed the NSW parliament final evening, AAP experiences, together with different adjustments hoped to rebalance the nation’s most costly rental market.
Greater than 2.2m tenants have been ready for the overhaul after Labor and the Coalition went into the 2023 state election promising to ban no-grounds evictions.
NSW Tenants’ Union chief govt Leo Patterson Ross stated the specter of eviction made tenants hesitant to ask for repairs or negotiate lease hikes:
That is the only most vital change we will make to residential tenancies regulation, as with out safety from unfair eviction in place we will’t depend on different components of the regulation to operate correctly.
Homelessness NSW chief govt Dominique Rowe stated the adjustments ought to relieve some strain on homelessness companies, which greater than 68,000 individuals turned to for assist yearly.
One of many important causes of homelessness is eviction from non-public leases, so something we will do to scale back evictions will preserve individuals in housing and take strain off our homelessness companies.
Nevertheless, extra social housing must be constructed, with 58,000 on waitlists for as much as 5 years. The housing minister Rose Jackson stated the adjustments to tenancies have been easy and cheap.
There are hundreds of thousands of renters in our state … for these hundreds of thousands of individuals they’ve an inexpensive expectation the rental market will present them with secure and safe housing.
Opponents to the invoice expressed issues it made funding much less engaging and wouldn’t assist improve housing provide.
Miles says he received’t make offers with minor events to type authorities
The Queensland premier, Steven Miles, additionally spoke with the Immediately present forward of tomorrow’s election.
After Annastacia Palaszczuk resigned final December, Miles has had simply ten months to show he deserves a four-year time period in his personal proper. He stated that on this time, he has “shown Queenslanders that I am pretty different”:
We elevated these coal royalties and use them to ship price of residing reduction to each to each single Queenslander, in addition to a complete plan for healthcare, for housing and for neighborhood security. And I’m saying to Queenslanders that if you wish to see extra of what I’ve finished these final ten months, give me a mandate in my very own proper tomorrow…
Following feedback from opposition chief David Crisafulli that Labor was doing offers with the Katters within the areas, Miles dominated this out:
No, there’ll be no offers with the minor events to type authorities … I’ve provided that dedication. I’m campaigning for a majority authorities, that’s my purpose.
Miles argued the Katter celebration “put the LNP in quite a bind – but it was a bind of their own making” relating to the non-public member’s invoice on abortion:
[The LNP was] making an attempt to cover their place and Robbie [Katter] actually simply compelled them to return clear with Queenslanders. And we all know that signifies that most of them – nearly all of them – consider that girls needs to be compelled to remain pregnant once they get pregnant. And I feel that’s one thing that a whole lot of Queenslanders don’t agree with.
Chalmers hyperlinks Center East battle to inflation combat
Karen Middleton
The treasurer, Jim Chalmers, has weighed into debate over the Center East battle, telling international monetary counterparts in Washington DC that any escalation represents a menace to the worldwide economic system and can make the combat in opposition to inflation more durable.
In a speech to G20 financial and finance ministers and different senior leaders gathered for conferences of the Worldwide Financial Fund and World Financial institution, Chalmers has instantly linked the now-multi-front Center East battle to the destiny of the economic system, internationally and at house.
The worldwide economic system is unsure and the worldwide outlook is unsettling.
The treasurer warned that any escalation of the battle risked entrenching inflation issues worldwide:
A broader warfare may put upward strain on oil costs, lengthen the combat in opposition to inflation and threaten the tender touchdown that all of us search. In searching for ceasefire and de-escalation, we’re centered on the human disaster however there are financial penalties too. We all know that extra bloodshed is without doubt one of the largest threats to the worldwide economic system. None of us will escape the financial penalties of an escalating warfare within the Center East.
The speech is Chalmers’ most direct public intervention on the financial impression of Israel’s warfare in opposition to Hamas in Gaza and the related battle with Hezbollah in Lebanon.
He pointed to a ten% spike in oil costs inside weeks of the battle increasing in October and stated the uncertainty in regards to the scenario had elevated demand for safe-haven belongings and pushed the value of gold up by 48%. Chalmers warned {that a} tender touchdown was assumed “but not assured”.
Dutton and Shorten weigh in on Queensland state election
The federal opposition chief, Peter Dutton, and the NDIS minister, Invoice Shorten, each spoke with the Immediately present earlier from Queensland, earlier than the election.
Shorten was requested if he’s nervous by polling that Queensland may quickly be LNP territory after almost a decade. He stated it was as much as voters, and that Labor chief Steven Miles had “surprised people [by] running a very active campaign.”
He’s centered on the problems which have an effect on Queenslanders: housing, well being, cheaper transport and naturally tackling youth crime. So we’ll discover out quickly sufficient who’s going to win.
Shorten stated he was “surprised” to see abortion raised by the marketing campaign, and that it “seems like someone in the LNP swallowed the Trump playbook, and we don’t need that sort of division in this country”.
Dutton stated it was “always going to be a tough race” and argued, as David Crisafulli did simply earlier, that the Labor celebration’s in a position to “sandbag seats”.
The actual fact is that it’s time for a change in Queensland and regulation and order is uncontrolled.
Crisafulli questioned on prospect of Katter non-public member’s invoice on abortion
David Crisafulli was additionally requested in regards to the ongoing abortion debate within the state, after revealing this week he was pro-choice. So why did he vote in opposition to a transfer to legalise abortion in 2018?
Crisafulli responded that Robbie Katter had eliminated his non-public member’s invoice on the matter and altered his place. Nevertheless, as Ben Smee notes, some experiences have claimed Katter had backtracked on introducing a invoice which may result in a conscience vote to wind again abortion entry and rights – however a spokesperson for Katter stated he made no such backtrack.
Crisafulli was pushed on this, with host Michael Rowland saying Katter has not particularly dominated it out. However Crisafulli responded:
Properly, sure, he did. He did three days in the past and, regardless of that, the federal government’s scare marketing campaign continues.
He stated “there will be no change to abortion laws and we have said that consistently and my team backed that position”.
The scare marketing campaign on a delicate subject that has been run, fairly frankly, crosses the road, and we’re higher than that as Queenslanders … There received’t be adjustments to abortion legal guidelines and Queenslanders must know that.
For Ben Smee’s full evaluation on this matter, you may learn beneath:
Queensland opposition chief responds to newest polling numbers
The Queensland LNP chief, David Crisafulli, has been talking with ABC Information Breakfast earlier than tomorrow’s state election.
As Ben Smee experiences, though the LNP has been main in all of the polls main as much as the vote, the most recent numbers present the race tightening barely:
Crisafulli stated the election was “going to be really, really close” and commented on the probability of a minority Labor authorities starting to emerge:
We’re listening to about offers being finished with Katter within the areas and the Greens within the south-east.
Requested in regards to the newest polling numbers, the opposition chief stated this reveals “how difficult change in government to my side of politics is in Queensland”.
What we’re making an attempt to do is barely occurred a handful of instances. We’ve obtained to attempt to win over a dozen seats, and we begin a great distance behind the eight-ball. We obtained a voting system that helps the Labor celebration being propped up predominantly by the Greens and swapping votes with the Katters’ within the areas. We’re up in opposition to it.
Pacific pushes for rights in face of rising sea ranges at Chogm
AAP has extra particulars on the Commonwealth heads of presidency assembly, which happens each two years and is being hosted within the Pacific for the primary time – in Samoa.
Pacific island nations are pushing for extra to be finished to deal with rising sea ranges, with the results of local weather change posing an existential menace to smaller island nations within the area.
The heads of 56 Commonwealth nations are collaborating within the summit – together with the prime minister, Anthony Albanese. It’s the first Chogm King Charles and Queen Camilla are presiding over since taking the throne.
A gap ceremony will precede the official group picture right this moment, and the king will then maintain a reception for newly appointed heads of state earlier than a broader reception for leaders and their companions later within the night.
A extra secretive leaders retreat will happen at a seaside resort tomorrow.
The king will give his keynote speech round 9am AEDT. Albanese may even maintain his first face-to-face assembly with the British prime minister, Keir Starmer, for the reason that latter took workplace.
Good morning
Emily Wind
Emily Wind right here, signing on for running a blog duties – due to Martin for getting us began this morning. I’ll be with you thru most of our rolling protection right this moment – because the Commonwealth heads of presidency assembly begins in Samoa, and Queensland gears as much as head to the polls tomorrow.
As all the time, you may learn out with any suggestions, suggestions or questions through X, @emilywindwrites, or you may ship me an electronic mail: emily.wind@theguardian.com.
Let’s go.
Ariel Bogle
Watt responds to Guardian investigation into monitoring of workers in Woolworths-owned warehouses
The federal minister for employment and office relations, Murray Watt, has responded to a Guardian Australia investigation into how workers in Woolworths-owned warehouses are being tracked and timed. He says that whereas there could also be advantages, new office know-how must be managed in a approach that “protects and respects” employees’ rights:
In some circumstances, there’s clearly a disconnect between employers’ expectations of what new know-how can ship and what’s secure and sustainable for employees. On the finish of the day, employees are entitled to secure workplaces and truthful working situations.
Employees informed Guardian Australia they’re underneath strain to fulfill time requirements they are saying are unfair and placing security in danger. In response to the Guardian investigation, a spokesperson for Major Join – Woolworths’ provide chain arm – stated the corporate was dedicated to making sure its workplaces have been secure and productive.
Watt stated the federal government’s inquiry into the digital transformation of workplaces will take a look at the impression of AI:
We have to be certain that automation-led administration considers the circumstances of particular person employees and doesn’t expose them to unsafe and unfair working situations.
We’d like to ensure applicable mechanisms are in place to carry unions and employers collectively to work collaboratively as all of us grapple with the emergence of recent applied sciences and their impacts within the office.
Queensland election race narrows earlier than tomorrow’s vote
Our Queensland correspondent Ben Smee has been on the marketing campaign path with Steven Miles as he makes an attempt to safe a fourth successive win for Labor within the Sunshine State.
He finds that though the premier began off a great distance behind within the polls, he has realized to be himself on the stump and has weaponised abortion to assault his LNP opponent, David Crisafulli.
That Newspoll I discussed on the high has the LNP forward by 4 factors total – but when that narrows any extra Crisafulli may discover himself in a minority and depending on independents such because the Katters’ to type a authorities.
Right here’s Ben’s piece for all the small print:
NSW authorities launches LGBTQ+ advisory council
Rafqa Touma
The NSW authorities has launched an LGBTQ+ advisory council, with its first job being to ascertain the state’s first inclusion technique.
The council – made up of 16 members who will serve a two-year time period – consists of Ian Roberts, the primary overtly homosexual rugby league participant, Nicholas Stewart from “Australia’s only out loud and proud LGBTQIA+ law firm” Dowson Turco Attorneys, and the Equality Australia chief govt, Anna Brown.
78er Robyn Kennedy, who will function co-chair, says the council’s work will “focus on ensuring that all LGBTIQ+ individuals in NSW are supported, respected and have their rights upheld”.
That is what our neighborhood has all the time stood for by our many years of advocacy and resilience.
Members of the council “will work closely with the NSW government to provide insights and recommendations on issues affecting LGBTIQ+ communities”, as put in a authorities media launch.
The council’s first job shall be to work with the federal government to develop NSW’s first LGBTIQ+ inclusion technique.
Qantas says strikes is not going to result in delays as AGM takes place in Hobart
Elias Visontay
Qantas has sought to reassure the travelling public that tons of of its engineers placing down their instruments right this moment is not going to result in delays or cancellations throughout the nation, because the airline’s shareholders and executives meet in Hobart for the corporate’s annual basic assembly.
Engineers from three unions voted in favour of taking industrial motion, which is able to embody two units of four-hour cease works deliberate for right this moment throughout Sydney, Melbourne, Adelaide, Brisbane, Perth and Hobart. Qantas has disputed the unions declare that the economic motion will trigger disruptions for passengers throughout peak home windows.
A Qantas spokesperson stated “our teams have worked hard to put contingencies in place and we expect there to be no impact to our customers”:
We had numerous conferences with the unions previous to the economic motion. We wish to proceed to interact with them to discover a approach ahead however they’ve chosen to take motion. Our choice is to achieve an settlement that features pay rises and different advantages.
The commercial motion coincides with Qantas’ AGM right this moment, with union representatives additionally set to rally exterior the lodge in Hobart the place the airline’s shareholders and executives are gathering.
Immediately’s stoppages are the most recent in a sequence by engineers since September, as unions have been in negotiations with Qantas searching for higher pay and improved situations.
Qantas’s engineering workforces comprise 2,600 workers, with solely members of the Australian Manufacturing Employees’ Union (AMWU), the Australian Employees’ Union (AWU) and the Electrical Trades Union (ETU) ready to participate within the industrial motion.
Whereas the three unions – which make up the Qantas Engineers’ Alliance – declare 600 engineers will participate within the motion, Qantas believes simply 400 are in a position to.
Welcome
Martin Farrer
Good morning and welcome to our stay information weblog. I’m Martin Farrer with the highest in a single day tales after which it’ll be Emily Wind with the primary motion.
Written off because the state election marketing campaign started, the Queensland premier, Steven Miles, has gone from underdog to assault canine with a combative stump efficiency which has put LNP frontrunner David Crisafulli on the again foot. However has he left it too late? A Newspoll printed right this moment suggests he has with the LNP forward of Labor by 52.5% to 47.5% after preferences, changing to a two-seat majority. Extra developing.
Qantas has sought to reassure travellers that strikes right this moment is not going to result in delays as the corporate’s AGM takes place in Hobart.
And King Charles, who yesterday took half in a conventional kava-drinking ceremony and was declared a “high chief” of Samoa, will flip to maybe much less vibrant duties this morning when he offers the keynote speech on the official opening of the Commonwealth heads of presidency assembly within the Pacific nation.