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As it happened: RBA may abandon further interest rate hikes; Housing plan could save renters $32 billion over a decade - Sydney Morning Herald

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Thanks and goodnight

That’s all from us. Here are the major headlines from today, just in case you missed anything.

  • Prime Minister Anthony Albanese has gained formal Labor Party approval for his $368 billion AUKUS pledge.
  • The Australian surfers rescued at sea in the Banyak Islands are on their way back home after the misadventure of a lifetime, leaving their private island beach retreat today.
  • FIFA president Gianni Infantino has announced the Women’s World Cup has generated more than $US570 million ($A887 million) in revenue.
  • Opposition Leader Peter Dutton believes the unions have too much power over policy for the Labor Party, particularly on national defence.
  • Services have marked Vietnam Veterans’ Day today, commemorating 50 years since the end of Australia’s involvement in the conflict.
  • Advocates for the so-called progressive No vote on the Voice referendum are putting lives at risk, says a senior figure at the Central Land Council.
  • Aluminium giant Alcoa has struck a nine-year deal to secure 50 per cent of the electricity required for its smelter in far south-west Victoria.
  • Consumer finance business Latitude Group confirmed the hit to its business from a crippling cyberattack this year as it reported a first-half loss.
  • Independent analysis from the Grattan Institute rents could be up to 8 per cent lower, saving renters $32 billion in payments to landlords and real estate agents over the next decade.

Thanks for following along and enjoy the weekend.

Sarah Keoghan, signing off.

Commercial contractor to complete Taipan recovery operation

Defence has provided an update on the recovery operation of the MRH-90 Taipan helicopter which crashed and killed four army airmen last month.

In a statement, the department said a commercial contractor will be hired to finalise the recovery operation.

From left: Warrant Officer Class 2 Joseph “Phil” Laycock, Corporal Alexander Naggs, Troop Commander Captain Daniel Lyon and Lieutenant Maxwell Nugent were all killed in the crash.

From left: Warrant Officer Class 2 Joseph “Phil” Laycock, Corporal Alexander Naggs, Troop Commander Captain Daniel Lyon and Lieutenant Maxwell Nugent were all killed in the crash.

The contractor is expected to begin work from about August 22.

“The recovery operation has been conducted in an exceptionally challenging environment and has reached the point of requiring specialist equipment not available within the Australian Defence Force,” the department said.

The department said so far, divers have managed to recover items including “personal effects and wreckage” from the aircraft as well as voice and flight data recorder.

Private jet crash kills ten in Malaysia

A small private jet crashed into a motorbike and a car while attempting to land at an airport on the outskirts of Malaysian capital Kuala Lumpur, leaving at least 10 people dead, officials said on Thursday.

The light private business jet, was carrying six passengers and two crew when it crashed near Elmina township at 2.08pm local time, just before it was due to land, Selangor police chief Hussein Omar Khan told reporters.

Members of the fire and rescue department inspect the crash site.

Members of the fire and rescue department inspect the crash site.Credit: Reuters

The Beechcraft jet lost contact with the air traffic control tower and crashed into a motorbike and a car on the highway, he said.

“There was no emergency call, the aircraft had been given clearance to land,” Hussein Omar said.

On Friday, the national Bernama news agency quoted witnesses as saying the airplane exploded upon impact.

You can read more on the incident here.

Labor stays the course over Palestine recognition

Labor is facing calls for the recognition of Palestine to become a priority for the government after including a commitment to statehood in their party’s policy platform.

No timeline has been attached to implement the policy, with some pro-Palestinian Labor delegates pushing to have it expedited.

Prime Minister Anthony Albanese during the Labor national conference in Brisbane today.

Prime Minister Anthony Albanese during the Labor national conference in Brisbane today.Credit: Alex Ellinghausen

But pro-Israel elements of the party threatened to try and strip the policy from the platform if the other side attempted to alter it at the national conference in Brisbane.

No amendments were moved, and the same wording remains in the policy platform with no timeline attached.

Labor MP Susan Templeman spoke in favour of recognition at Labor’s national conference on Friday, saying the actions of Israel’s extreme right-wing government were “deeply concerning”.

The three-day national conference continues until tomorrow.

“The extreme right-wing policies of the Netanyahu government that speed up the expansion of settlements are a serious impediment to the two-state solution that we are all committed to,” Templeman told Labor’s national conference today.

She said she supported “the call our platform makes for the recognition of Palestine as an issue of priority” as Palestinians suffered inequality at the hands of Israeli settlements.

It comes after Foreign Minister Penny Wong strengthened Australia’s objection to Israeli settlements in the occupied West Bank and expressed concerns about what they would mean for peace in the region.

AAP

Rescued Australian surfers begin journey home

By Chris Barrett and Karuni Rompies

The Australian surfers rescued at sea in the Banyak Islands are on their way back home after the misadventure of a lifetime, leaving their private island beach retreat today.

Elliot Foote, Steph Weisse, Jordan Short and Will Teagle and the rest of the party of 12 friends on holiday in Indonesia left the remote Pinang Island on the catamaran of Australian skipper Grant Richardson, one of the boatmen involved in the search for them this week.

They travelled to Nias, a three to four-hour journey by sea, the same one they endeavoured to make last Sunday when one of the two boats they were travelling in took in water in a storm, forcing the four Australians and three Indonesian crew on board into the ocean.

Steph Weisse, Elliot Foote, Will Teagle and Jordan Short in the video they recorded from the island.

Steph Weisse, Elliot Foote, Will Teagle and Jordan Short in the video they recorded from the island.

They were greeted by Australian embassy officials and the Indonesian National Search and Rescue Agency, Basarnas, at the island from where there are direct flights to the city of Medan on Sumatra.

From there they can fly to Jakarta and onwards to Sydney to be reunited with their families.

You can read more about their journey home here.

Women’s World Cup generates $887m in revenue

FIFA president Gianni Infantino says the Women’s World Cup has “broken even” after generating more than $US570 million ($A887 million) in revenue, a statement that will intensify calls for equal prize money.

The current World Cup prize pools sit at $US110m for women and $US440 million for men.

Infantino has consistently dismissed calls for a level playing field in terms of payments – including from the Matildas prior to the tournament.

Today, he suggested demands for equal prize money were a “slogan” that “would not solve anything”.

But the head of world football’s governing body was happy to talk up the funds brought in by the “best and greatest and biggest Women’s World Cup ever” in Australia and New Zealand.

“Some voices were raised, where it cost too much, we don’t make enough revenues, we will have to subsidise,” Infantino said at the FIFA Women’s Football Convention in Sydney today.

“And our opinion was, ‘Well, if we have to subsidise, we will subsidise’ because we have to do that. But actually, this World Cup generated over $US570 million in revenues, and so we broke even.

“This shows what? This shows that our strategy was probably not too bad. That, of course, we have to do still much better.”

AAP

Vietnam veterans honoured during commemorative services

Multiple services have taken place today to mark Vietnam Veterans’ Day, with this year’s event commemorating 50 years since the end of Australia’s involvement in the conflict.

Prime Minister Anthony Albanese attended an event in Ipswich in Queensland, while Veterans Minister David Harris was at the Cenotaph in Sydney alongside RSL NSW President and Vietnam veteran Ray James.

Opposition Leader Peter Dutton attended an event at Mandurah in Western Australia.

Attending the Canberra event at the Australian Forces National Memorial was Veterans’ Affairs Minister Matt Keogh and shadow Veterans’ Minister Barnaby Joyce, who struggled with a rain poncho as the weather turned sour during the ceremony.

Opposition veterans’ affairs spokesman Barnaby Joyce.

Opposition veterans’ affairs spokesman Barnaby Joyce. Credit: AAP

With AAP

Maui’s emergency services chief resigns after not activating sirens

The head of the Maui Emergency Management Agency resigned abruptly on Thursday (US time), just a day after saying he had no regret about not using sirens to warn residents of wildfires that devastated the historic seaside community of Lahaina and killed at least 111 people.

That decision from the agency directed by administrator Herman Andaya, coupled with water shortages that hampered firefighters and an escape route that became clogged with vehicles, has brought intense criticism from many residents.

The aftermath of a wildfire in Lahaina, Hawaii.

The aftermath of a wildfire in Lahaina, Hawaii.Credit: AP Photo/Jae C. Hong

The lack of sirens has emerged as a potential misstep, and The Associated Press reported that it was part of a series of communication issues that added to the chaos.

Mayor Richard Bissen accepted Andaya’s resignation effective immediately, the County of Maui announced on Facebook.

Andaya cited unspecified health reasons, with no further details provided.

“Given the gravity of the crisis we are facing, my team and I will be placing someone in this key position as quickly as possible,” Bissen said in the statement.

A day earlier, Andaya defended the decision not to sound sirens as the flames raged. Hawaii has what it touts as the largest system of outdoor alert sirens in the world.

Read more on the issue here.

AP

This afternoon’s headlines at a glance

By Caroline Schelle

Thank you for reading our live coverage this morning.

I’m heading off, and my colleague Sarah Keoghan will be anchoring the blog for the rest of the day.

If you’re just joining us, here’s what you need to know:

  • Prime Minister Anthony Albanese intervened in a fierce debate over whether the Labor Party should enshrine support for nuclear-powered submarines in its national platform, delivering an impassioned plea to party members.
  • Opposition Leader Peter Dutton believes the unions have too much power over policy for the Labor Party, particularly on national defence.
  • Services will mark Vietnam Veterans’ Day today, commemorating 50 years since the end of Australia’s involvement in the conflict.
Prime Minister Anthony Albanese lays a wreath during a service in Ipswich to mark the 50th anniversary of the end of Australia’s involvement in the Vietnam War.

Prime Minister Anthony Albanese lays a wreath during a service in Ipswich to mark the 50th anniversary of the end of Australia’s involvement in the Vietnam War.Credit: AAP

  • Advocates for the so-called progressive No vote on the Voice referendum are putting lives at risk, says a senior figure at the Central Land Council.
  • Aluminium giant Alcoa has struck a nine-year deal to secure 50 per cent of the electricity required for its smelter in far south-west Victoria.
  • Consumer finance business Latitude Group confirmed the hit to its business from a crippling cyberattack this year as it reported a first-half loss.
  • Independent analysis from the Grattan Institute rents could be up to 8 per cent lower, saving renters $32 billion in payments to landlords and real estate agents over the next decade.

‘Watch this space’, the PM says of women’s sport funding after Matildas plea

Prime Minister Anthony Albanese was asked what he was going to do to mark the success of the Matildas, after champion Sam Kerr called for a funding boost for women’s football after their loss to England.

“Watch this space,” he told Sky News this morning.

“We’ve been considering issues of sporting infrastructure and these issues for a long period of time,” he said.

FIFA president Gianni Infantino (left) and Australian Prime Minister Anthony Albanese at the World Cup semi-final on Wednesday night.

FIFA president Gianni Infantino (left) and Australian Prime Minister Anthony Albanese at the World Cup semi-final on Wednesday night.Credit: AP

However, this masthead reported the Albanese government stopped short of promising more money.

In response to questions about whether a funding boost for the Matildas and grassroots soccer was in the works, a federal government spokesperson said: “We want funding to be fit for purpose, so more women and girls can participate and compete in sport at all levels – and we will always look for more ways to do that.”

He also lashed the previous Coalition government for their handling of the women’s sports program, which he said “undermined what was there”.

“They were in government for 10 years, the one specific program they had was rorted and was a debacle.”

This week Opposition Leader Peter Dutton pledged $250 million to support grassroots sport, and improve facilities for girls and women.

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2023-08-18 08:25:05Z
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