‘We are up for big reform, whether it’s strengthening Medicare [or] changes to childcare’, the PM says. Follow today’s news liveGet our breaking news email, free app or daily news podcastChalmers says rate cut ‘welcome relief’, but warns unpredictable economy must keep nation on its toesThe treasurer, Jim Chalmers, said yesterday’s interest rate cut is “welcome relief” to millions of Australians, saying he has confidence the country is on the “right track” addressing inflation and seeing real wages.We are never complacent about developments in the global economy. There is more than the usual amount of churn and change right now. It’s unpredictable, it’s volatile, it’s uncertain. And that’s why one of our key goals is to make our economy more resilient.We will do that by making it more productive over time.Sydney Airport is currently assisting Australian Federal Police following an incident earlier this morning. No injuries occurred as a result of the incident. An arrest has been made and the airport is operating normally. Continue reading...
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