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As it happened: PM calls on Optus to pay for fresh customer passports; Labor says federal budget set to face $32b deficit

Broede Carmody and Nigel Gladstone
Updated ,first published
Pinned post from 6.38pm on Sep 29, 2022
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Today’s headlines

By Nigel Gladstone

That’s all from us tonight, if you’ve just joined us, here are the biggest news events of the day:

Thanks again for following along. Broede Carmody will be with you bright and early tomorrow morning to take you through the news of the day.

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    Indigenous leaders discuss path of voice to parliament

    By Dominic Giannini and Andrew Brown

    The government will work with First Nations Australians on how best to deliver the referendum to establish a voice to parliament, including how to make it accessible to Indigenous people.

    Prime Minister Anthony Albanese told the voice working group in Canberra today that every member of his government was committed to implementing the Uluru Statement from the Heart.

    “From the people around this room (to) everywhere I go in the country, I’ve got to say there is enormous goodwill,” he said. “This is an opportunity to lift the whole nation up. We have so much to learn from Indigenous Australians.”

    Linda Burney has put the Indigenous Voice to parliament at the top of the government’s agenda. If the referendum is successful, it will change what it means to be Australian.Alex Ellinghausen

    Indigenous Australians Minister Linda Burney, Special Envoy for Reconciliation Pat Dodson and Attorney-General Mark Dreyfus met with the referendum working group today.

    WA ‘nangs’ crackdown to ban sale to teenagers, limit times canisters can be sold

    By Elliahn Blenkinsop

    The West Australian government has restricted the purchase of nitrous oxide gas canisters – also known as “nangs” – to people over the age of 16.

    The reclassification by the Therapeutic Goods Administration of the gas to a schedule 6 poison also requires labelling of warnings against inhalation of the nitrous oxide gas inside the canisters.

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    Under these new regulations, in effect from Thursday, any sale of nangs to someone under the age of 16 would breach the Medicines and Poisons Act 2014, which carries with it a maximum penalty of $30,000.

    Nitrous oxide is often sold in small metal canisters.Rob Brewer/Flickr

    ‘They will investigate deeply’: Nobel Peace Prize winner accused of child abuse

    By Chris Barrett

    Singapore: The Nobel Prize-winning former head of the Roman Catholic church in East Timor has been accused of sexually abusing boys during the country’s independence struggle in the 1990s.

    The Vatican will investigate the claims made against Bishop Carlos Felipe Ximenes Belo in a report by Dutch news magazine De Groene Amsterdammer, its representative in East Timor said.

    Bishop Carlos Felipe Ximenes Belo pictured at his home in Dili in 1996, the year he was a co-recipient of the Nobel Peace Prize.AP

    The publication quoted two men who alleged that as teenagers, between the ages of 14 and 16, they were sexually abused by Belo at his residence in Dili and then paid money by the bishop.

    “He knows that the boys have no money. So when he invited you, you came over and gave you some money,” the report quoted one of the alleged victims as saying. “But meanwhile you are a victim. That’s the way he did.”

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    Gas giants, government strike domestic supply deal to avert looming gas crunch

    By Mike Foley

    Major gas producers have promised to offer all available supply to Australian buyers before shipping it overseas in a deal with the federal government to prevent a predicted LNG shortfall on the east coast next year.

    But Australia’s gas buyers are disappointed the agreement fails to address the soaring gas price, warning high energy costs are pushing some manufacturers to breaking point.

    The Albanese government has claimed a win under a deal with LNG exporters to supply the domestic market.AP

    The competition watchdog last month forecast a shortage of 56 petajoules in 2023 – about 10 per cent of domestic demand – escalating concerns over rising costs for gas-reliant manufacturers, and prompting Resources Minister Madeleine King to threaten unprecedented export controls if the industry failed to boost domestic supply.

    Half a trillion in wealth wiped from Australian households in three months

    By Shane Wright

    High interest rates and financial turmoil have wiped $500 billion in wealth from Australian households, with warnings from Treasurer Jim Chalmers the global economy has become a “pretty dangerous place” that will pull some of Australia’s key trading partners into recession.

    As official data showed inflation at a 30-year high, Chalmers said it would be “foolish” to believe Australia and the federal budget could be spared from the fallout of the troubling economic conditions emerging around the world.

    The slowing property market and tumbling share market have delivered the biggest three month hit to Australians’ wealth on record.Flavio Brancaleone/The Sydney Morning Herald

    The Reserve Bank board meets next week, with markets and economists expecting it to lift interest rates for a record sixth consecutive month. Markets are tipping another half percentage increase in rates on their way to a peak of 4.2 per cent by the middle of next year.

    ‘No flooding’: Qld premier’s promise over ‘battery of the north’ hydro project

    By Fraser Barton

    Queensland has guaranteed no national parks will be flooded as the government works with affected homeowners to push ahead with the world’s biggest pumped hydro scheme.

    Premier Annastacia Palaszczuk announced the Pioneer/Burdekin pumped hydro construction on Wednesday as part of the government’s $62 billion 10-year energy plan.

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    With the potential to deliver up to 120 gigawatt hours, the project will be 21 times bigger than Wivenhoe hydro, currently the state’s largest.

    It is expected to enter the construction phase in 2025, with the completion of stage two scheduled for 2035.

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    ASX continues its rise following Wall St gains

    By Carla Jaeger

    Welcome to your five-minute recap of the trading day and how the experts are seeing it.

    The Australian sharemarket has added to its early morning gains, buoyed by a healthy session on Wall Street that saw US markets post their most significant gains this month.

    The ASX200 is up 1.86 per cent, or 117.9 points, to 6,579.9 points per cent at midday. All 11 sectors are in the green, with the energy sector leading the charge, up 3.63 per cent. Financial stocks are up 1.11 per cent, with all big four banks in positive territory.

    The S&P 500 has snapped a six-day rout.Bloomberg

    AGL stocks have rebounded after dropping at the start, up a modest 0.3 per cent after the company announced it would close the Loy Yang power plant a decade ahead of schedule. The brown coal plant generates about 30 per cent of Victoria’s power each year.

    Fourth leak reported on Nord Stream pipelines in Baltic Sea

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    STOCKHOLM: A fourth leak on the Nord Stream pipelines has been reported off southern Sweden, a Swedish news agency reports.

    Sweden’s coast guards told news agency TT that they have a vessel on the site of the leak, off Sweden. All four detected leaks are in international waters, two near Sweden and two near Denmark.

    Leaks from natural gas pipelines running from Russia under the Baltic Sea to Germany may be the result of sabotage.AP

    The Nord Stream pipelines run through the Baltic to transport gas from Russia to Germany. Neither pipeline was operating, but both were filled with gas. The Danish and Swedish governments believe that the leaks off their countries were “deliberate actions.”

    Welfare minister blasts pensioner ‘stunt’

    By Dominic Giannini

    Aged pensioners have been dragged into an ugly political brawl over how much they can earn before impacting their payments.

    The partisan fight erupted after a late-night manoeuvre in the Senate, when a non-controversial government bill to make it easier for seniors to get cheaper access to everyday items was amended.

    The income threshold for seniors health cards will soon be increased to $90,000 for singles and $144,000 for couples.

    Minister for Social Services, Amanda Rishworth says the coalition is delaying relief for pensioners.Alex Ellinghausen

    But in a surprise move, the coalition and Greens joined forces to tack on an amendment to double the pension work bonus to $600 a fortnight, meaning older Australians could earn an extra $7800 a year.

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