Australia news live: RBA governor to face questions about rates cut; disease deaths linked to Queensland floods | Australia news
Main events
The Reserve Bank to confront the interrogation of Parliament today
You will shed light on the decision of the Board of Directors to reduce interest rates for the first time in more than four years when you face a parliamentary barbecue today.
Michel Bullock The aforementioned inflation slowed more than expected, as it was convincing to the council that it was appropriate to reduce the monetary policy a little after its meeting on Tuesday.
But its warning from the market to reduce its expectations for further cuts may raise the eyebrows of parliamentarians, some of whom call the bank to reduce interest rates for several months.
On the contrary, some economists have argued that the board was previously premature in reducing rates, such as Professor of New South Wales Richard HoldenWho have argued the latent inflation is still very high.
Deputy Ruba Governor RBA Andrew Huser – Who will appear before the committee, along with Bullock, the bank’s chief economist Sarah Hunter And the ruler assistant Brad Jones He said that the decision to reduce was not “peace Donk”, as the market expected.
Labor Deputy Jerome Laxali It will continue to press RBA on its progress in removing unnecessary charges from cards payments.
ACCC chair Gina Cas Gottlieb A parliamentary hearing was told last week that the Consumer Monitoring Authority did not have the ability to prevent service providers from excessive charging on discount card transactions by mixing fees with credit cards.
While a small company may pay about 0.3 or 0.4 percent to provide debit card services, it was wearing up to 2.9 percent by some service providers.
Tell Laxale Aap:
It is a hot topic and I think people are hungry for reform. The opponent is the new criticism and must be treated as it is.
He will also ask the central bank about its position on the cryptocurrency after Mrs. Bullock said in 2024 that she did not understand the role she could play in the Australian economy.
AAP
Queensland nurses protest the payment offer
Andrew Messenger
Queensland nurses will run at the headquarters of the state government today to protest what they call insufficient offer by the state government.
The Koinzland nurses and midwives federation is the first to negotiate a salary agreement with the government of the new liberal National Party, and it is the first conservative government in a decade. The negotiation agreement for institutions ends in March.
The members of the Federation will run on William 1, the executive building of the state government. They are planning to deliver a message to the Prime Minister, David CressfollyThe Minister of Health, Tim Nichols.
Under the former LNP government led by Campbell Newman, the jobs of 1,800 nurses were among the 14,000 public service jobs, which caused a widespread protest by Queensland unions.
Secretary of the Federation of Nurses, Sarah BayanShe said that the wage policy of the crisis government, which was not in writing, increases the payment capsules by a maximum of 2.5 % in 2026 and 2027.
She said it includes the “possibility” of maximum annual wages by 3.5 % if inflation rises to this level or higher:
Government government wages policy is greatly reduced from what is necessary to support the LNP government’s commitment to maintaining wages and leading conditions in Queensland to nurses and midwives.
We are seeking an urgent clarification from the government on how to fulfill their commitment to QNMU.
Quinzland State Secretary -General Jacqueline King He said that the public service unions had been presented to the government’s “wage policy” at a meeting on Wednesday.
She said if the offer is permanently, he would be insufficient:
We consider this an early offer from the government, which we will consider unions, but there is still a way to go.
Townsville dies from flood -related diseases
An elderly person of mealidat died in Townsville, while three new cases of dengue virus were discovered in society, Queensland Health confirmed.
Milosids demanded four life north in Kerns, where the region has registered a total number of 41 cases since January 1. This disease is associated with the wet season and is spread through contact with contaminated water, soil and air, causing death at up to 20 % of treated cases.
The investigation is also underway after three cases of new dengue virus were discovered from two metaphorical houses in southern Townsville.
North Queensland is reeling from the standard rains that sparked floods, claimed life and forced hundreds to evacuate their homes, and there may be more rain on the way with a hurricane that is likely to head towards the northern Queensland coast in the middle of the week.
The cases of melawids in Kerns are believed to have multiplied compared to 2024. The Townsville community is reminded of the health risks of the wet season.
Director of the Public Health Unit Townsville Dr Stephen Donuho He said:
In some cases, mealida disease increased throughout the wet season, in some cases, which led to hospitals. Mielidos is a very serious infectious disease caused by soil bacteria in northern Australia.
This disease can occur when cuts or wounds come into contact with contaminated clay or water and when people breathe in muddy drops. Symptoms include fever, coughing and difficulty breathing, while skin infections or cysts can be another sign.
February 2025 is officially more in history for some cities in northern Queensland, where Paloma was registered near Townsville more than two meters of rain – double what Sydney receives in one year.
To combat melaidate infection, the local population has been urged to wear gloves, shoes and protective clothes when cleaning.
– Aap
The Minister of Labor to fight retailers on the penalty prices
Dan Jerefis Bardi
The federal government is interfering to fight a batch of major retailers to the back conditions of workers.
Minister of Employment, Murray WattIt will be submitted to the fair work committee on Friday to discuss the attempt of the Australian Retail Development Association to rewrite the industry award.
Of the 17 proposed amendments with the support of the Colors Wolors Super Market giants, Ara wants to allow employers to exempt from senior employees from the rates of punishment, additional work, allowances and leaving the loading if they pay them more than 25 % of the lower basic wage rate.
The association said that the changes were designed to create.A more flexible and modern systemThis is the balance of workers and presidents.
The Australian Syndicate of Syndicates has criticized the proposal as “greed for companies”, warning that it will be used as a salary to reduce wages in other industries.
The federal government agrees, using FWC to launch another attack on major companies in the period before the federal elections.
Watt said:
If you give up your nights and weekends to maintain Australia and your clothes, you deserve your penalty rates.
We focus on helping Australians gain more, while supermarkets and adult retailers are trying to reduce penalty prices.
If employers want to agree with workers on barter dues, they can do so by bargaining for institutions, and not through the differences on prizes.
Prizes are supposed to be a safety network to protect all workers. It should not be varied to remove basic entitlements such as penalty rates for low -wage workers.
Welcome
Good morning. My name is Stephanie Confiri I will take you through all the live news on Friday morning.
First: One person died in Townsville due to the disease of melanhyd, a disease associated with heavy rain, after the disease was killed by four lives in Kerns this year, like the north. Queensland He wrestled with heavy rains and floods. Three cases of the dengue virus were found in Townsville, and the nearby areas there recorded more than 2 meters of rain in February. We will have more for you in this story soon.
We expect too Michelle Bullock, The governor of the reserve bank, and other RBA to meet some barbecue today, as shown in the House of Representatives. This comes after RBA decided this week to reduce interest rates for the first time in more than four years, after inflation slowed more than expected.
We have a lot on your way this morning, so stick to coffee and retreat.
