One Nation senator Warwick Stacey resigns
Josh Butler
Pauline Hanson mentioned this morning One Nation senator Warwick Stacey, elected on the Might election, is resigning for well being causes.
Stacey was elected as a senator for NSW and helped double One Nation’s Senate numbers from two to 4. He mentioned in a press release he was coping with “private well being points”.
Sadly, I might be unable to totally dedicate myself to the position as I take care of my private well being points.
I don’t suppose an individual elected to parliament ought to be something lower than fully devoted to a task entrusted to them by voters, so I’m resigning to make means for somebody who can try this on behalf of the folks of NSW.
Stacey was solely sworn in as a senator just a few weeks in the past within the opening fortnight of parliament. Stacey confirmed his resignation in a telephone name with Guardian Australia.
Warwick Stacey. {Photograph}: Bec Lorrimer/The GuardianShare
Up to date at 20.30 EDT
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iiNet experiences cyber incident with 280,000 electronic mail addresses taken
Web supplier iiNet simply reported a big cyber incident after an unknown third get together accessed its methods. The corporate mentioned:
iiNet has been impacted by a cyber incident involving unauthorised entry to its order administration system by an unknown third get together.
The system comprises restricted private info. Importantly, it doesn’t include copies or particulars of buyer identification doc particulars (equivalent to passport or driver’s licences), bank card or banking info.
{Photograph}: James Ross/AAP
The corporate mentioned it confirmed the incident on Saturday, 16 August and enacted its incident response plan to find out the extent of the breach. It mentioned a listing of electronic mail addresses and telephone numbers had been hacked from its system, together with 280,000 lively iiNet electronic mail addresses, 20,000 lively landline telephone numbers, in addition to some inactive electronic mail addresses and numbers.
About 10,000 iiNet usernames, avenue addresses and telephone numbers, in addition to 1,700 modem set-up passwords, have been additionally taken. The corporate mentioned:
iiNet urges our clients to stay vigilant, particularly to any suspicious communications acquired by way of electronic mail, textual content or telephone name. If doubtful, contact iiNet immediately or search unbiased recommendation from trusted sources, together with the Australian Cyber Safety Centre.
Extra particulars are right here.
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Evaluation reveals Australia’s largest gasoline guzzlers
Australia’s liquefied pure gasoline (LNG) export trade makes use of 13 instances extra gasoline than native manufacturing, in response to new evaluation by local weather activist group Market Forces.
The overwhelming majority of gasoline utilized in Australia is directed in direction of LNG exports, adopted by gasoline energy vegetation and manufacturing, in response to the report.
Solely 10 services – primarily these producing alumina and ammonia – made up greater than half of producing gasoline use.
{Photograph}: Lukas Coch/AAP
In accordance with Market Forces estimates, the 5 largest manufacturing gasoline customers may require carbon offsets as much as $1.3bn over the last decade, in the event that they failed to cut back their reliance on gasoline.
Kyle Robertson, Market Forces head of analysis, mentioned
Australia’s largest producers, notably alumina and ammonia producers, want to right away step up and make investments rather more within the transition to renewable power.
Producers guzzle a whole lot of our gasoline however 13 instances extra is wolfed up, become liquified pure gasoline and despatched abroad.
SharePatrick Commins
Canavan to convene insurgent roundtable on power costs
Whereas the federal government’s anointed luminaries are huddled within the cupboard room with out their cellphones and pure gentle, Matt Canavan plans to convene a “actual” productiveness roundtable on the grass in entrance of parliament home.
Senator Canavan has joined fellow Queenslander, Barnaby Joyce, in calling for eliminating the online zero goal and changing renewable power with new coal vegetation.
Nationals senator Matt Canavan. {Photograph}: Mick Tsikas/AAP
So it’s no shock that the insurgent roundtable late tomorrow morning will deal with what they name “the elephant within the room”: rising energy costs.
Canavan and a staffer have been strolling the halls of parliament home this morning sporting T-shirts emblazoned with “Power costs are the actual productiveness concern”.
The AFR has reported {that a} former Productiveness Fee chair, Gary Banks, will give a keynote speech. Different invitees reportedly embody an ex-Enterprise Council of Australia boss, Tony Shepherd, and an government of the Housing Trade Affiliation, Simon Croft.
ShareLuca Ittimani
BHP hikes income, however pays $4bn much less in Australian tax
Mining large BHP paid $4bn much less in Australian tax whereas mountaineering income over the 12 months to June after iron and coal costs slid, as the corporate hikes copper manufacturing to change in direction of inexperienced trade.
The value BHP acquired for its metal making coal costs fell practically 40% in 2024-25 in comparison with the earlier 12 months and power coal costs fell 10%. The corporate’s coal output fell after it offered two mines and moist climate slowed down truck productiveness.
{Photograph}: Hollie Adams/Reuters
BHP’s annual report, out at present, mentioned Australian coal provide would possible get well however mentioned Queensland’s coal royalty scheme had discouraged it from long-term investments in native mining, becoming a member of different miners’ criticisms.
Iron manufacturing elevated however costs fell by a fifth, with BHP predicting resilient Chinese language and Indian demand would maintain commodity markets transferring however noting tariffs have been dragging world financial progress. Collectively, that noticed world income fell by US$4.4bn to US$51.3bn.
Tax funds in Australia fell even additional, as the corporate lowered its efficient tax charge from 33% to 32.1%. When you add royalty funds, BHP paid A$10.5bn (US$6.8bn) in tax in 2024-25, an A$4bn (US$2.7bn) fall from A$14.5bn (US$9.5bn) the earlier 12 months.
BHP’s tax funds in Chile doubled to US$3.2bn because it hiked manufacturing on the world’s largest copper mine, Escondida. The corporate produced 2 Mt of copper over the 12 months for the primary time – lower than 1% of its iron output – nevertheless it hopes to double output from South Australia and has extra initiatives within the pipeline.
Extra environment friendly copper mining helped income rise over US$1bn to US$9bn. Copper is enjoying an more and more vital position within the enterprise, now answerable for virtually half of underlying earnings. The metallic’s significance to inexperienced expertise has pushed up world demand and costs.
ShareJosh Butler
Hanson describes Stacey as a ‘man of precept’
One Nation will get to call somebody as his substitute “in coming weeks”, Hanson’s workplace mentioned, which can maintain the get together’s Senate numbers at 4. The get together just isn’t but naming that substitute. Hanson mentioned:
It’s with profound remorse that we farewell him from the Senate so quickly after he was elected.
I used to be delighted when it was introduced Senator Stacey had received a seat representing NSW. I knew he would convey a wealth of data, expertise and experience to our workforce together with the sturdy conservative values that made Australia nice.
I want Senator Stacey all the perfect together with his well being and his future.
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Up to date at 20.38 EDT
One Nation senator Warwick Stacey resigns
Josh Butler
Pauline Hanson mentioned this morning One Nation senator Warwick Stacey, elected on the Might election, is resigning for well being causes.
Stacey was elected as a senator for NSW and helped double One Nation’s Senate numbers from two to 4. He mentioned in a press release he was coping with “private well being points”.
Sadly, I might be unable to totally dedicate myself to the position as I take care of my private well being points.
I don’t suppose an individual elected to parliament ought to be something lower than fully devoted to a task entrusted to them by voters, so I’m resigning to make means for somebody who can try this on behalf of the folks of NSW.
Stacey was solely sworn in as a senator just a few weeks in the past within the opening fortnight of parliament. Stacey confirmed his resignation in a telephone name with Guardian Australia.
Warwick Stacey. {Photograph}: Bec Lorrimer/The GuardianShare
Up to date at 20.30 EDT
Sussan Ley says all Australians ought to be ‘very unhappy’ about state of relationship with Israel
Opposition chief Sussan Ley was simply requested about Israel’s resolution to revoke some visas for Australians to the Palestinian Authority. Ley mentioned she actually regrets “the way in which that the connection between the Albanese authorities and the federal government of Israel is deteriorating”.
Sussan Ley. {Photograph}: Mick Tsikas/AAP
She advised the press in Sydney:
That’s one thing all Australians ought to be very unhappy about at present. Israel is a liberal democracy within the Center East and we ought to be supporting them as that liberal democracy and the steps that the Albanese authorities has taken over current days and weeks actually haven’t demonstrated that.
That is an elected member of the Israeli parliament and it’s a really uncommon factor to refuse a visa and I haven’t seen explanations from Tony Burke that really clarify what’s going on right here.
The politician in query, Simcha Rothman, is a far-right member of Israel’s parliament. He has described Palestinian youngsters in Gaza as “enemies” and referred to as for Israel’s whole management of the West Financial institution.
ShareJosh Butler
Oh, the desk is oval
The roundtable – which is definitely occurring across the lengthy oval desk of the cupboard room – at present options the likes of the NSW treasurer, Daniel Mookhey, the unbiased MP Allegra Spender, the secretaries of key authorities departments, unions bosses Sally McManus and Michele O’Neil, enterprise leaders Innes Willox and Andrew McKellar and the RBA chief, Michelle Bullock.
Sitting on the far rounded fringe of the cupboard desk – as removed from Albanese as could be attainable – is the Liberal deputy chief and shadow treasurer, Ted O’Brien.
The roundtable at a non-round desk. {Photograph}: Mick Tsikas/AAPShare
Up to date at 20.20 EDT
Josh Butler
Behind closed doorways, roundtable begins in earnest
The financial roundtable has gone behind closed doorways within the cupboard room, so we’re left to attend and marvel what’s happening in there. As we go away the boffins to their discussions, one particular person joked to us this morning that it was like a papal conclave – doorways sealed, onlookers anticipating exterior ready for smoke alerts to emerge.
We managed to nip inside the cupboard room earlier as Albanese and Chalmers made their opening addresses. The prime minister mentioned he didn’t count on the assembled individuals to agree on each concern (with the unions, enterprise teams, setting leaders and politicians in a single room, it’s most likely onerous to agree on the lunch order, not to mention the longer term financial route of the nation), joking that he could be shocked in the event that they reached a settled consensus place on thorny matters like synthetic intelligence this week.
However within the spirit of consensus (a phrase you’re listening to quite a bit this week) Albanese invited all of the roundtable members to drinks on the Lodge tomorrow evening.
Treasurer Jim Chalmers, the prime minister, Anthony Albanese, and the minister for finance, Katy Gallagher. {Photograph}: Mick Tsikas/AAP
We’ve been ushered out of the room by the PM’s media workforce, and whereas we go away the financial titans to their very own units, even the individuals haven’t been left to their very own (digital) units – telephones, watches and different tech gear have needed to be surrendered on the door.
A number of desks filled with electronics have been seen by the door of the cupboard room, held in little plastic containers with every chief’s title on a sticky notice. We hope there’s no mix-up on the way in which out, and that they’ve all since been turned to silent after one telephone and watch began prominently buzzing simply moments into the three-day assembly, a deafening ringtone interrupting Chalmers’ opening deal with.
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Up to date at 20.08 EDT
Liberal MP proposes Australia pay migrants to go house
Liberal MP Garth Hamilton proposed this morning Australia begin paying migrants to return to their house international locations in the event that they’re struggling to seek out work or a spot to reside.
Hamilton spoke to 2GB to tout the thought, which has been applied in a smattering of different international locations. He mentioned:
The fact is, a whole lot of migrants who’re coming over right here, they aren’t discovering work, they aren’t discovering the housing, they aren’t discovering that issues have been as rosy as they’d hoped due to the excessive immigration insurance policies that we’ve employed.
We now have to handle this, we have now to handle it now. We’re not going to construct our means out of this drawback
All of that is attempting to provide folks a pathway house. It is a price that Australia is already bearing, both by welfare or the excessive rents that we’re paying due to the additional demand on housing in Australia. It is a price that we’re simply transferring from one place to a different.
Garth Hamilton. {Photograph}: AAPShare
Up to date at 20.23 EDT
Greens add crossbenchers in Tasmania in ‘highly effective place’ to work with Liberal premier
Woodruff added {that a} sturdy crossbench in Tasmania had given the Greens and others the power to ship “nice legislative reforms”, saying she had had good conversations with Jeremy Rockliff about methods parliament may function in a extra sustainable means transferring ahead. She advised RN Breakfast:
I’ve had a dedication from Jeremy Rockliff that he’ll work in good religion and in addition needs to have those self same mechanisms put in place. So it’s not our intention to do something besides to work onerous for 4 years and get change for the folks of Tasmania.
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Tasmanian Greens say conversations with Labor went nowhere in try to type minority authorities
The Tasmanian Greens chief, Rosalie Woodruff, mentioned Labor chief Dean Winter “refused” to make any compromises, explaining her get together’s resolution to not again one other vote of no-confidence in Liberal premier Jeremy Rockliff as parliament returns at present.
Tasmanian Greens chief Rosalie Woodruff. {Photograph}: Ethan James/AAP
Woodruff spoke to RN Breakfast this morning, saying she had been speaking severely with Labor as Winter sought to type a minority authorities with the crossbench after the state’s snap election. However she mentioned her conversations with Rockliff allowed the Greens to speak about “the issues we’d had with him and his authorities during the last 11 years and the deep issues that we nonetheless have about what the Liberals have been doing to the finances and to the setting in Tasmania.” She went on:
We now have had some sit-down, lengthy conversations a number of instances with Dean Winter and actually tried to get some coverage modifications from them, some compromises actually. … We have been in search of a way ahead, some modifications in any respect.
However Dean Winter and Labor refused to make any compromises on their coverage positions earlier than going again to parliament. …That wasn’t ok. We tried actually onerous in good religion, however Dean Winter hasn’t proven any capability or means or intention to make any modifications for the individuals who voted for us. …
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Up to date at 19.24 EDT
Coalition open to Australia contributing non-combat peacekeepers to Ukraine
James Paterson, the shadow finance minister, mentioned the Coalition could be open to a contribution to a peacekeeping effort to Ukraine, a shift from a stance from the previous opposition chief Peter Dutton who described any involvement as a “thought bubble by the prime minister”.
Paterson spoke to ABC Information as Ukrainian president Volodymyr Zelenskyy was in Washington to satisfy with Donald Trump:
It’s very clear if there’s to be a sturdy peace, that safety ensures for Ukraine are going to be essential. Now, that must be led by the US and European companions. But when Australia is invited to play a task in, that then we should always think about whether or not we will make a constructive contribution to that.
Volodymyr Zelenskyy and Donald Trump. {Photograph}: Shutterstock
Paterson was requested concerning the potential for Australian peacekeepers to be despatched to the area in a non-combat position. He mentioned:
We’re clearly not a central participant on this battle however we do have a really sturdy curiosity in ensuring this isn’t only a pause in Vladimir Putin’s conflict that’s resumed at a later date. We would like it to be long-lasting. So we should always think about any request from our allies and pals in Europe as to if we will make a symbolic contribution in direction of this.
Very clearly the heavy lifting could be accomplished by Nato on this occasion. However we’re a associate of Nato and if we’re requested to make a contribution, we should always think about it.
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Up to date at 19.37 EDT
Tom McIlroy
Lone opposition member at roundtable says he might be constructive and significant
The opposition’s sole consultant on the financial reform roundtable, the shadow treasurer, Ted O’Brien, lashed Labor for being too sluggish to behave on falling dwelling requirements in Australia.
Talking earlier than the summit started on Tuesday, O’Brien mentioned Chalmers must do extra to assist households:
He has set himself the largest check since he has entered parliament. He has made it very clear to the Australian people who he’ll flip the stats round on dwelling requirements. Australia has skilled the largest decline in dwelling requirements of all developed nations as a direct consequence of this authorities’s actions.
I see my position as representing the 27 million Australians who’ve been struggling underneath this Albanese authorities. I’ll, in fact, be constructive the place I can, and significant the place I need to.
Ted O’Brien. {Photograph}: Dean Lewins/AAPShare
Up to date at 20.02 EDT
Patrick Commins
Chalmers tells attendees we have to do ‘extra’ ‘higher’ in name for ‘good concepts’
Jim Chalmers addressed attendees on the primary day of the three-day financial reform roundtable, riffing on how properly the economic system goes underneath Labor: a charge reduce final week, inflation down, unemployment low and actual wages rising. However, naturally, our hyperactive treasurer just isn’t happy:
Australia’s efficiency, in some ways, does set us aside, however we’re not happy with that. We have to do extra, and we have to do higher, and we are going to do higher, and that’s what that is all about.
He repeats his “three days to tell three budgets” line, which is his new favorite, alongside previous faves like “churn and alter”.
Treasurer Jim Chalmers. {Photograph}: Mick Tsikas/AAP
Talking to the folks within the room he mentioned: “Now to profit from this chance, we’d like your concrete concepts”.
We’d like you to be particular. We’d like you to recommend methods to pay for them in order that good concepts are additionally inexpensive concepts. We’d like you to be keen to check your concepts with others within the room.
We’d like you to have the ability to discover widespread floor and recognise that generally that includes compromises, as a result of that is all about constructing consensus, and it’s all about constructing momentum, which suggests going past our personal narrower sectional or industrial pursuits and serving the nationwide financial curiosity.
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Up to date at 20.02 EDT
Labor’s financial roundtable begins
Tom McIlroy
Anthony Albanese has formally opened the federal government’s financial reform roundtable in Canberra up to now couple of minutes. There’s about 30 folks squashed into the cupboard room for the beginning of the three-day summit, set to be overseen by the treasurer, Jim Chalmers.
Albanese says a number of the proposals popping out of the summit could possibly be thought of for this 12 months’s mid-year finances replace, due in December, and subsequent Might’s federal finances.
Anthony Albanese and Jim Chalmers. {Photograph}: Mick Tsikas/AAP
The prime minister mentioned a number of the agenda objects for the summit – together with AI – received’t be solved instantly:
Though this received’t be broadcast reside, [because of] the character of the cupboard room, the concepts which have been generated already would be the topic of the discussions.
One of many issues I’ve mentioned is that we’re centered on supply and getting issues accomplished, however how issues are accomplished are additionally vital.
Albanese mentioned the nationwide curiosity ought to override sectional curiosity in the course of the discussions.
“My authorities is targeted on taking care of folks on the financial journey,” he mentioned.
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Up to date at 20.07 EDT
Josh Butler
Some scenes from Canberra with the productiveness roundtable about to start
The financial reform summit is about to start, and whereas parliament home isn’t precisely abuzz, there’s a quiet hum going by the constructing.
With all of the formal actions taking place in non-public within the cupboard room and due to this fact off-limits to your humble correspondent (apart from just a few chosen remarks from the prime minister and treasurer to be broadcast on TV), we’re lowered to loitering round exterior the ministerial wing.
Sadly there no bunting, flags or paraphernalia for the summit that we will see – a fast wander previous the cupboard room space earlier confirmed just a few privateness screens and a few info indicators, however little else in the way in which of journalistic color.
The Nationals senator Matt Canavan was ingesting a espresso at Aussies cafe earlier, in a black T-shirt emblazoned with the phrase “power costs are the actual productiveness concern”. He joked to us that he was holding his personal roundtable later at present.
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Up to date at 20.03 EDT
Sydney supply rider hospitalised after allegedly being stabbed with screwdriver
A supply rider in inside Sydney was hospitalised final evening after he was allegedly knocked off his bike and stabbed a number of instances with a screwdriver, police say.
NSW police mentioned the person, 24, was driving by the Sydney suburb of Ultimo close to the CBD round 9.15pm on Monday evening. On arrival, police have been advised the rider was allegedly pushed to the bottom by an unknown man, who later walked away after the alleged assault.
The 24-year-old rider was handled on the scene by paramedics and brought to the hospital in a severe however secure situation.
Officers have established against the law scene and begun an investigation.
{Photograph}: Steven Saphore/AAPShare
Up to date at 18.42 EDT
Opposition says visa tit-for-tat displays worst Australia-Israel relations for the reason that second world conflict
The shadow finance minister, James Paterson, advised the ABC this morning he believes the visa episode demonstrates “Australia’s bilateral relationship with Israel is the worst it has ever been for the reason that creation of the state of Israel”.
Paterson mentioned he was not conversant in “all” of the views of far-right politician Simcha Rothman, who was denied a visa yesterday, however mentioned barring any visiting lawmaker was a significant resolution. He questioned the transfer by the federal government in an interview on ABC Information:
It’s a very large name to dam the visa of a visiting member of parliament from different nation. My query is did Tony Burke talk about the diplomatic implications of that go to with the overseas minister, Penny Wong? Did he talk about it with the prime minister? …
This isn’t a choice to be taken flippantly and the all of the implications ought to have been thought of and its not clear that occurred.
James Paterson. {Photograph}: Mick Tsikas/AAPShare
Up to date at 18.13 EDT
