Bankers Warn of Trade War Impact
National Australia Bank CEO Andrew Irvine has warned that an escalation of the trade war between the United States and China—especially if Donald Trump proceeds with new tariffs—could destabilize the global economy. While Australia is not directly affected by the announced tariffs, economists fear secondary effects on global markets and inflationary pressures.
Protesters Disrupt Treasurer’s Speech
A speech by Treasurer Jim Chalmers at the Queensland Media Club was disrupted when two protesters stormed the stage, objecting to the government’s energy policies. The activists condemned ongoing funding for coal and gas projects and demanded stricter climate action. Security swiftly removed them, and Mr. Chalmers continued his speech, reaffirming the government’s commitment to renewable energy.
Funding for Adass Israel Synagogue Reconstruction
The federal government has announced $30 million for the reconstruction of the Adass Israel Synagogue in Ripponlea, which was destroyed in an arson attack last December. Additionally, $1.2 million will be allocated for security enhancements. Prime Minister Anthony Albanese condemned the rise of antisemitism in Australia, stating that there is no place for hatred in society.
Rent Crisis Hits High Earners
A new study by housing advocacy group Everybody’s Home has found that even workers earning over $130,000 per year are struggling to afford rent for a typical home in Australia. The housing crisis has become a key issue ahead of the federal elections, with advocacy groups calling for urgent measures to protect renters.
Poll: Voters Want Clarity from Independent MPs
An exclusive Sky News Australia poll reveals that voters in electorates represented by Teal independent MPs want to know in advance which major party they will support in the event of a hung parliament. While most voters favor an alliance with the Liberal Party, analysts believe the independents are more likely to back the Labor Party.
Victoria to Toughen Bail Laws
The Victorian government has announced changes to the state’s bail laws, to be rolled out in two phases. The first stage removes the principle that pretrial detention should be a “last resort” for juvenile offenders, a move that has drawn criticism from human rights groups. Additionally, stricter penalties will be imposed for breaching bail conditions, aiming to enhance community safety.
Backlash Over Casey Council’s Public Meeting Ban
The City of Casey’s decision to ban residents from attending council meetings in person has sparked outrage. The measure follows disruptive incidents last month, with residents expressing concerns about transparency. The council insists the ban is temporary and aims to prevent further unrest.
Corruption Allegations Against Victorian Premier
Former Deputy Police Commissioner Neil Paterson has filed a corruption complaint against Victorian Premier Jacinta Allan and Police Minister Anthony Carbines. He alleges that the two conspired to dismiss senior police officials, causing a political storm in Victoria.
