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| Australia news live update: NT on edge over growing Covid cases; debate about Victoria’s pandemic laws rages | |
| (33 minutes later) | |
| Follow all the day’s news live | Follow all the day’s news live |
| Speaking of the threats made again the Victorian premier and his family, here is what Daniel Andrews wive, Catherine Andrews, had to say about it last night: | |
| Victorian premier Daniel Andrews has been asked about the perceived threats levelled against him by protesters this week, including the displaying of prop gallows on the steps of the parliament house. | |
| Here are the details of this new Victorian mental health initiative the premier has just announced. | |
| Authorities plan to “more than double” the capacity of the state’s youth prevention and recovery care network, giving more young Victorians access to the mental health services they need closer to home. | |
| The premier’s press release read: | |
| The Commonwealth Bank has kicked off market news today, releasing a miserly $2.2bn first quarter (non audited) cash profit. Income and expenses were down 1%. | |
| One takeaway is that home loan competition contributed to a thinner net interest margin, as did the shift to fixed-rate mortgages which are less profitable for the bank for now at least. | |
| With all the talk of higher official interest rates soon – which the Reserve Bank governor Philip Lowe again tried to hose down yesterday – it’s a fair bet more people will be looking to switch to fixed-rate loans before they rise further. | |
| Some of the overnight news might add to the case bond traders have been making that interest rates will rise faster than central banks are now expecting. | |
| US retail sales rose 1.7% in October, beating forecasts of a 1.4% rise. Industrial output rose 1.6% too for the month, well ahead of the 0.7% economists had been tipping. | |
| On the home front, the stat of the day will be the September quarter wage price index. As the RBA’s Lowe said yesterday, there are lots of questions over how wages and jobs will recover as Covid-related restrictions ease. | |
| A nice point he made was that for all the talk about short-term visa holders returning to fill critical job shortages, don’t forget that a lot of Australians are ready to head OS too, many of them potential employees. | |
| Lots of people have advice about the economy. One of them is deputy PM Barnaby Joyce who yesterday was making a case that a Labor government would bring “excessive mismanagement” of the economy, pushing up rates. What’s the right amount of mismanagement? | |
| Anyway, it was a chance to trip down memory lane when he once railed about government debt but has lately gone quiet on that issue. And that’s despite the extra nought be added to what we owe. | |
| Major floods are expected in the NSW central western town of Forbes after hundreds of people spent an anxious night evacuated from their homes, as slow-moving flood waters continue to rise, reports AAP. | Major floods are expected in the NSW central western town of Forbes after hundreds of people spent an anxious night evacuated from their homes, as slow-moving flood waters continue to rise, reports AAP. |
| The Bureau of Meteorology expects the swollen Lachlan River to peak at 10.65 metres during Wednesday, inundating low-lying areas of the town. | The Bureau of Meteorology expects the swollen Lachlan River to peak at 10.65 metres during Wednesday, inundating low-lying areas of the town. |
| Forbes mayor Phyllis Miller says residents have been waiting for the flood for almost a week but waters are rising at “a snail’s pace” and she’s concerned people are becoming complacent. She told the Nine Network on Wednesday: | Forbes mayor Phyllis Miller says residents have been waiting for the flood for almost a week but waters are rising at “a snail’s pace” and she’s concerned people are becoming complacent. She told the Nine Network on Wednesday: |
| Yesterday morning some 1,800 residents were ordered to evacuate by the State Emergency Service, which was concerned the river levels would match or exceed major floods in 2016. | Yesterday morning some 1,800 residents were ordered to evacuate by the State Emergency Service, which was concerned the river levels would match or exceed major floods in 2016. |
| SES commissioner Carlene York said 800 homes may be flooded, as she pleaded with some reluctant locals to evacuate: | SES commissioner Carlene York said 800 homes may be flooded, as she pleaded with some reluctant locals to evacuate: |
| An evacuation centre has been set up at St Andrews Presbyterian church for those unable to get to alternative accommodation with family or friends. | An evacuation centre has been set up at St Andrews Presbyterian church for those unable to get to alternative accommodation with family or friends. |
| Moderate flooding has already occurred upstream at Cowra, and major flooding at Nanami, where the river peaked at more than 12 metres. | Moderate flooding has already occurred upstream at Cowra, and major flooding at Nanami, where the river peaked at more than 12 metres. |
| Downstream from Forbes, major flooding is also expected at Cottons Weir and Jemalong from Thursday. | Downstream from Forbes, major flooding is also expected at Cottons Weir and Jemalong from Thursday. |
| The Macquarie, Paroo, Macintyre, Belubula and Snowy rivers have also flooded after parts of the state copped a month’s worth of rain in days. | The Macquarie, Paroo, Macintyre, Belubula and Snowy rivers have also flooded after parts of the state copped a month’s worth of rain in days. |
| Labor is hoping to make Australia’s internet frustrations an election issue, promising a revamped national broadband network that will stay in public hands and allow more choice. | Labor is hoping to make Australia’s internet frustrations an election issue, promising a revamped national broadband network that will stay in public hands and allow more choice. |
| With Australia still ranked 59th in the world for broadband speeds, and 32nd out of the 37 nations in the OECD, Labor is promising a $2.4bn boost to the nationwide broadband rollout, promising to update the already ageing network. | With Australia still ranked 59th in the world for broadband speeds, and 32nd out of the 37 nations in the OECD, Labor is promising a $2.4bn boost to the nationwide broadband rollout, promising to update the already ageing network. |
| The opposition says the funding commitment is off-budget, and will be financed through the NBN corporation itself, which Labor has committed to keeping as a public entity. | The opposition says the funding commitment is off-budget, and will be financed through the NBN corporation itself, which Labor has committed to keeping as a public entity. |
| The Labor promise builds on the government’s $4.5bn retrofit announcement from last year, which aimed to upgrade fibre-to-the-node, fibre-to-the-curb and cable connections for homes in designated areas. That followed years of complaints of poor speeds and connectivity. The Coalition has maintained its decision to upgrade the copper network it had previously insisted on using, was part of a “strategic review” and not because of on-going complaints. | The Labor promise builds on the government’s $4.5bn retrofit announcement from last year, which aimed to upgrade fibre-to-the-node, fibre-to-the-curb and cable connections for homes in designated areas. That followed years of complaints of poor speeds and connectivity. The Coalition has maintained its decision to upgrade the copper network it had previously insisted on using, was part of a “strategic review” and not because of on-going complaints. |
| You can read the full report below: | You can read the full report below: |
| 9.30am is shaping up to be busy! | 9.30am is shaping up to be busy! |
| A Victorian Pride Lobby survey has found the state’s lesbian, gay, bisexual, trans and gender diverse, intersex, queer and asexual community do not trust the police force. | A Victorian Pride Lobby survey has found the state’s lesbian, gay, bisexual, trans and gender diverse, intersex, queer and asexual community do not trust the police force. |
| The lobby’s largest survey of attitudes towards Victoria police heard that more than 1,500 respondents had overwhelmingly negative perceptions of them, including that about 80% did not think police understood issues that impacted them, and about the same percentage did not feel safe when there was a large police presence at community events. | The lobby’s largest survey of attitudes towards Victoria police heard that more than 1,500 respondents had overwhelmingly negative perceptions of them, including that about 80% did not think police understood issues that impacted them, and about the same percentage did not feel safe when there was a large police presence at community events. |
| A report released on Tuesday night also found the incidents such as the police raid on Hares and Hyenas and breach of Dani Laidley’s privacy had further eroded the community’s trust in the force: | A report released on Tuesday night also found the incidents such as the police raid on Hares and Hyenas and breach of Dani Laidley’s privacy had further eroded the community’s trust in the force: |
| Victorian Pride Lobby co-convenor Devina Potter said Victoria police had made progress but still had a long way to go to mend the relationship with the community: | Victorian Pride Lobby co-convenor Devina Potter said Victoria police had made progress but still had a long way to go to mend the relationship with the community: |
| We are still waiting for confirmation on what exactly will be announced at this unusual 9.30am press conference from the Victorian premier. I’ll keep you posted. | We are still waiting for confirmation on what exactly will be announced at this unusual 9.30am press conference from the Victorian premier. I’ll keep you posted. |