Jewish group requires nationwide anti-hate unit
Australia’s Jewish neighborhood is pushing the federal authorities to arrange a nationwide process pressure to curb antisemitism, the Australian Related Press stories.
A Victorian taskforce will study police powers after a spate of alleged antisemitic incidents in Melbourne in latest days, together with an alleged arson on the East Melbourne synagogue that compelled 20 worshippers inside to flee.
The Govt Council of Australian Jewry, an umbrella group for the nation’s Jews, feared additional alleged antisemitic assaults and stated greater than state-based motion was wanted. It urged the federal authorities to undertake a 15-point motion plan, together with the institution of a nationwide taskforce to clamp down on antisemitism.
“I don’t know the place the following assault can be or when or how, all I can say is that it’s statistically seemingly that it’ll happen,” the council’s president, Daniel Aghion, stated. “To this point, we have now been fortunate in that nobody has died.”
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Tariff disruption is a chance for Australia, says economist
Patrick Commins
Because the world braces for extra weeks of watching and ready to see what Trump will do with tariffs, the excellent news is that “Australia’s in most likely the very best place to deal with” the fallout from the US president’s assault on world commerce.
That’s the view of Warwick McKibbin, an ANU economics professor and a recognised world chief on modelling the potential influence from America’s new period of commerce protectionism.
As information emerged that the US administration had flagged international locations had one other three weeks after the 9 July deadline to do a deal and keep away from greater “reciprocal” import taxes, McKibbin advised the Australian Convention of Economists on Monday that we ought to be these disruptions as an “alternative” to develop commerce with our companions.
“We ought to be doing commerce negotiations. We ought to be decreasing obstacles which make commerce tougher.”
In April, US president Donald Trump revealed a slew of reciprocal tariffs on nations together with Australia. {Photograph}: Carlos Barría/Reuters
McKibbin’s conclusion that Australia can be left comparatively unscathed by US-led commerce disruptions was backed up by separate Productiveness Fee evaluation which confirmed our economic system might even obtain a small enhance from America’s greater commerce obstacles, and concluded that retaliating with our personal tariffs can be counterproductive – a bipartisan place in Canberra.
This “small, constructive impact” comes about as items beforehand bought to the US are diverted to us at a less expensive fee and as we additionally scoop up a few of the funding that flows out of America and closely tariffed international locations, the PC stated.
However Alex Robson, the PC’s deputy chair, warned the 0.4% modelled elevate in GDP didn’t account for different, tougher to mannequin knock-on results.
“The proposed tariffs are more likely to have a comparatively small direct impact on us, however the world uncertainty they’ve led to might have an effect on dwelling requirements in Australia and all over the world,” Robson stated.
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Bondi Junction stabbing copyright case ends
The copyright case introduced by the fiance of Bondi Junction stabbing sufferer Daybreak Singleton has ended with a judgment in favour of defendants, 9, on the eve of the trial.
9 had been accused by Singleton’s associate, Ashley Wildey, of breaching copyright by republishing the younger lady’s social media pictures within the wake of her homicide by Joel Cauchi earlier than he was shot lifeless by police final in April 2024.
The copyright case was set down for 2 days within the supreme courtroom of New South Wales earlier than either side agreed to a judgment in favour of the defendants on Monday. No order was made as to prices. 9’s assertion reads:
“9 welcomes the NSW supreme courtroom judgment in favour of 9 confirming that the pictures, which have been extensively revealed by a number of media retailers all through Australia and abroad after being positioned on social media, have been appropriately utilized by 9.”
Right here’s how we reported the case:
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Reserve Financial institution extensively tipped to chop charges right now
Patrick Commins
Debtors ought to be in for some welcome excellent news right now, with the Reserve Financial institution board extensively anticipated to ship an rate of interest reduce at 2:30pm, Sydney time.
Monetary markets and economists agree {that a} second straight reduce is basically a completed deal – although there’s all the time an opportunity that the central financial institution will shock us all and maintain.
In the event that they do comply with up with a 0.25 percentage-point transfer decrease to three.6%, it will likely be the third reduce within the RBA’s money fee goal after strikes in February and Could.
Weak family spending and a bigger-than-expected drop in inflation in Could each supported the case for decrease charges, economists say, to not point out the looming risk of Donald Trump’s commerce conflict.
A fee reduce right now would trim $76 from the month-to-month curiosity invoice on a $500,000 mortgage, bringing the whole good thing about this yr’s cuts to almost $230 as soon as lenders move them on to their clients. In fact, what’s excellent news for current owners is extra problematic for would-be owners, who’re seeing property costs accelerating once more as borrowing prices fall.
The RBA’s governor, Michele Bullock, will maintain a press convention at 3:30pm the place she is going to little doubt be requested whether or not we are able to anticipate additional fee cuts this yr.
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Up to date at 16.54 EDT
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Good morning and welcome to our reside information weblog. I’m Martin Farrer with the very best in a single day tales earlier than Rafqa Touma picks up the information baton.
The Reserve Financial institution’s financial coverage committee meets in Sydney right now and it’s extensively anticipated by economists and analysts to conclude with a choice to chop rates of interest by 0.25%. Now we have extra arising, plus the information when it occurs at 2.30pm.
Australia’s main Jewish group has stepped up its requires a stronger authorities response to the alleged arson assault on a synagogue in Melbourne by calling for a nationwide unit to fight hate crimes. Extra arising.
The copyright case introduced towards 9 by the fiance of Bondi Junction stabbing sufferer Daybreak Singleton over its use of {a photograph} in an version of 60 Minutes ended final night time with a judgment in favour of defendants on the eve of the trial. Extra arising.
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Up to date at 16.49 EDT
