Here is a look at what is making news around the country today.
Today’s national news includes PM Albanese denouncing an anti-Semitic social media post by Iranian Ambassador, the government forming a climate health advisory group, RBA’s decision to hold cash rate ‘welcomed’ by Jim Chalmers, and Australia’s housing market remains ‘resilient’ despite mounting costs of living.
Politics
PM Albanese denounces anti-Semitic social media post by Iranian Ambassador
Iran’s ambassador to Australia has received a diplomatic rebuke after making “abhorrent” comments on social media about Israel, The Guardian has reported. Ahmad Sadeghi used social media to call for a “wiping out” of Israelis in Palestine by 2027 while also referring to Israelis as a “Zionist plague.” Prime Minister Anthony Albanese condemned the comments and confirmed Sadeghi had been called into the Department of Foreign Affairs and Trade. “There’s no place for the sort of comments that were made … by the Iranian ambassador. They’re abhorrent, they are hateful, they are antisemitic, and they have no place,” the prime minister said.
Environment
A climate health advisory group formed
The government has established an expert advisory group to advise on reducing climate change’s impacts on the nation’s health, Mirage reported. The Climate and Health Expert Advisory Group will also support implementing Australia’s first National Health and Climate Strategy, launched at COP28 in Dubai last December by Assistant Minister for Health and Aged Care Ged Kearney. The strategy is a whole-of-government plan to address the adverse effects of climate change on health and well-being. It sets out actions to reduce the health system’s contribution to climate change and build a high-quality net-zero health system.
https://www.miragenews.com/new-climate-health-advisory-group-formed-1290551/
Economy
RBA decision to hold cash rate ‘welcomed’ by Jim Chalmers
Treasurer Jim Chalmers says he welcomes the decision from the Reserve Bank of Australia to leave the cash rate on hold at 4.35 per cent in August, Sky News reported. “This is a welcome decision from the Reserve Bank because it recognises pressures that people are under, the progress we’ve made on underlying inflation, but also the severe market volatility we’ve seen and global economic uncertainty more broadly,” Mr Chalmers said. He added, “Australians are doing it tough enough already, the last thing they needed today was more cost of living pressure.”
Business
Housing market remains ‘resilient’ despite mounting costs of living
Sky News has reported that REA Group economist Anne Flaherty said the Australian housing market is resilient despite the cost-of-living crisis. “The resilience of Australian house prices has never been more evident than in the last year,” Ms Flaherty said. “We know that the cost-of-living crisis is causing a lot of harm. We know interest rates are still very high, but despite that, we continue to see home prices rise across the county; compared to 12 months ago, they’re sitting about 6.6 per cent high,” she said.
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