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As it happened: Annual inflation hits 4 per cent amid interest rate hike fears; Julian Assange returns to Australia

Josefine Ganko and Lachlan Abbott
Updated ,first published
Pinned post from 6.12pm on Jun 26, 2024
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What we covered today

By Lachlan Abbott

Thanks for reading today’s live national news blog. This is where we’ll end today’s coverage.

To conclude, here’s a look back at the major stories today:

  • Julian Assange is flying back to Australia after formalising his plea deal in an American court this morning, pleading guilty to one charge under the US Espionage Act and being sentenced tor time already served in a UK prison, securing his freedom. The WikiLeaks founder will arrive and speak in Canberra tonight in what will be a historic moment to end a long-running saga. You can follow our live coverage here.
  • Fears of another interest rate rise are growing after data released this morning showed annual inflation has lifted to 4 per cent – its highest level since November. In April, the annual figure was 3.6 per cent.
  • Prime Minister Anthony Albanese hosted Solomon Islands Prime Minister Jeremiah Manele in Canberra today. The Pacific nation’s growing relationship with China was a key focus when the pair fronted the media, as Manele’s predecessor struck an unprecedented security deal with Beijing in 2022 that alarmed Australian officials.
  • Labor senator Fatima Payman has been suspended from next week’s Labor caucus meeting for crossing the floor to recognise Palestinian statehood, the prime minister revealed in question time.
  • A new parliamentary report released this afternoon has sharply criticised the handling of multimillion-dollar NDIA contract, finding an American tech giant held three meetings with then cabinet minister Stuart Robert before securing a $27 million deal that snowballed into a $135 million project.
  • In NSW, this masthead revealed Sydney’s Luna Park is on the hunt for new owners for the first time in two decades.
  • In Victoria, the widow of Robert Hill has spoken after a jury found Gregory Lynn not guilty of murdering her husband in the high-profile missing campers case yesterday. However, the jury did find Lynn guilty of murdering Carol Clay, who Hill was having an affair with.
  • In Queensland, the family of Tia Cameron have emotionally erupted at a brief court hearing for the Brisbane City Council bus driver charged over her death.
  • In Western Australia, a fresh trial date has been set in the blockbuster defamation trial between ex-Coalition minister Linda Reynolds and Brittany Higgins.
  • In sport news, the second State of Origin match between New South Wales and Queensland will be played at Melbourne’s iconic MCG tonight. Follow our live coverage here.

Thanks again for your company. Have a lovely night.

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Trial date set for Reynolds-Higgins defamation battle

By Aaron Bunch

A trial date has been set for Liberal Senator Linda Reynolds and her former political staffer Brittany Higgins’ high-profile defamation battle.

The former defence minister, who plans to retire from politics at the next election, is suing Higgins over a series of social media posts she says have damaged her reputation.

Mediation has failed to resolve the case, which returned to the WA Supreme Court for a directions hearing on Wednesday.

A trial date of August 2 was agreed on, with the matter set down for four to five weeks to accommodate more than 20 witnesses and parliamentary sitting dates.

Amended vape ban passes Senate

By Dominic Giannini

Health professionals have welcomed a world-leading ban on vapes, with the sale of e-cigarettes restricted to pharmacies as part of a government crackdown on recreational smoking.

The amended legislation passed the Senate on Wednesday after the government secured a deal with the Greens and will head to the lower house to be stamped before becoming law.

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Under the deal, pharmacists will be able to sell vapes with limited nicotine content over the counter once they have a discussion with a person about health harms and confirm they’re over 18.

It’s a watered-down version of the federal government’s initial proposal to require smokers to get a doctor’s script.

ASX market wrap: Sharemarket down after inflation ‘shocker’

By Millie Muroi and Jessica Yun

The Australian sharemarket has just closed for the day.

Consumer discretionary stocks and real estate investment trusts fell sharply after higher-than-expected inflation data raised the odds that the Reserve Bank might consider raising rates instead of much-hoped-for rate cuts.

The S&P/ASX 200 Index fell 55.8 points, or 0.7 per cent, to 7783 points at the close, with eight out of the 11 sectors on the local bourse closing in the red.

The monthly consumer index lifted 4 per cent over the year to May, up from 3.6 per cent measured in April and more than the 3.8 per cent predicted by economists. As a result, investors are lowering their expectations that we might see a rate cut this year.

Read the full market wrap here.

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Public servants ‘trolling’ Australia with awards for ‘ineffective’ $2b scheme, report finds

By Shane Wright

A bipartisan parliamentary committee has urged that public servants be stripped of awards they were given for their “congestion-breaking” ways to fast-track government grants that breached the law and ignored advice they were unconstitutional.

In a report released today, the Joint Committee of Public Accounts and Audit accused members of the Department of Health of effectively “trolling” the public by rewarding staff involved in the Morrison government-created scheme that has since been the basis of a scathing review by the auditor-general.

The $2 billion Community Health and Hospitals Program was created in late 2018 to funnel cash into projects to take pressure off the health system, such as specialist hospital services, drug and alcohol treatment and mental health.

But an auditor-general’s investigation found the scheme had been “ineffective” while falling short of “ethical requirements”. In some cases, the Department of Finance had warned the health department it did not have the legal power to award grants. Health had to monitor the media to keep track of announcements made by the Morrison government which did not involve the department in some decisions.

The mining giant ignoring the climate wars

By Simon Johanson

In business news, mining giant BHP is sticking to its multibillion-dollar decarbonisation plans despite Opposition Leader Peter Dutton signalling he would scrap Australia’s 2030 climate target and push to replace fossil fuels with nuclear power.

Dutton has spurred Australia’s climate wars ahead of the next federal election due by May next year, saying he would scrap the 2030 emissions target at the risk of undermining the legally binding Paris Agreement on climate change and build seven nuclear reactors around the country to power the energy grid.

Iron ore at BHP’s Jimblebar facility in the Pilbara.

Political uncertainty is not slowing BHP, which told an investor briefing on Wednesday it was on track to cut operating emissions by nearly one-third over the decade to 2030.

The globe’s biggest resource company is reducing emissions by buying more renewable energy to power its operations, slowly electrifying its diesel-guzzling mining vehicle fleet, and finding ways to cut fugitive methane emissions from its coal mines.

Read more about the company’s plans here.

PM says Payman will not attend Labor caucus after Palestine vote

By Lachlan Abbott and James Massola

Prime Minister Anthony Albanese has barred Labor senator Fatima Payman from next week’s caucus meeting for crossing the floor to recognise Palestinian statehood.

In question time, Opposition Leader Peter Dutton asked the prime minister whether he would suspend Payman after she supported a Greens motion yesterday.

Albanese responded by noting Coalition members occasionally voted with the government, reiterating his disapproval of the “river to the sea” Palestine chant he previously rebuked Fatima for using, expressing his support for a two-state solution, denouncing Hamas terror attacks on October 7, and condemning the deaths of innocent Palestinians and Israelis.

The prime minster also said he couldn’t understand why the Coalition and the Greens rejected Labor’s amendment to the Senate motion yesterday that added a call for a two-state solution to the Palestine motion.

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Victorian nurses approve new pay deal

By Henrietta Cook

In state news, Victorian nurses and midwives have overwhelmingly approved a 28.4 per cent pay rise over four years, ending eight months of tense negotiations between their union and the Labor state government.

The deal comes a month after nurses dramatically rejected an in-principle agreement stitched up between the Australian Nursing and Midwifery Federation and the Allan government.

The new agreement, which follows 51 days of industrial action, includes allowances for a change of ward, improved allowances for being on-call and revamped night shift penalties.

A sea of nurses and midwives decked out in red T-shirts applauded Victorian secretary Lisa Fitzpatrick as she took the microphone on a stage at the Melbourne Convention and Exhibition Centre this afternoon. “We don’t have to wait any more, we have certainty,” Fitzpatrick told the jubilant crowd.

The union stalwart was left reeling in May when members rejected the pay deal she presented to them, saying they wanted more certainty around wage increases, which would be affected by a pending Fair Work Commission decision on aged care nurse pay rises.

Plibersek defends green light for new $1b gas project

By Lachlan Abbott

Environment Minister Tanya Plibersek has defended the government’s approval of a new $1 billion gas project in Queensland, lashing the Greens for “misinformation” for claiming koala habitat will be damaged because of it.

Greens MP Elizabeth Watson-Brown, the member for Ryan in Queensland, asked if the prime minister would reverse the approval amid the increasing threat of climate change.

Environment Minister Tanya Plibersek in parliament last month.Alex Ellinghausen

As mentioned in this blog yesterday, the federal government has approved Senex Energy’s Atlas project, which is owned by Rinehart’s Hancock Prospecting and South Korean steel giant Posco. The approvals process for Atlas stage three was drawn out over nearly two years.

“Our government’s priority is to get more renewables approved and more renewables into our energy system,” Plibersek responded in question time today.

Greens MP says PM should apologise for remark about Dutton’s pronouns

By Lachlan Abbott

Greens MP Stephen Bates has taken exception to Prime Minister Anthony Albanese’s gibe towards Opposition Leader Peter Dutton in question time, saying he should apologise for what he called a joke “at the expense of the LGBTIQA+ community”.

Bates, the MP for Brisbane, posted a partial transcript of Albanese’s comments earlier in question time on social media platform X.

Prime Minister Anthony Albanese in question time today.Alex Ellinghausen

As mentioned earlier in this blog, the LNP member for Moncrieff, Angie Bell, was ridiculed by some Labor MPs after raising a point of order, asking the prime minister to call Opposition Leader Peter Dutton by his correct title when responding to a question.

“The prime minister has repeatedly called the opposition leader ‘he’,” Bell said.

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