The prime minister’s international tour continues, the government reports on its last budget, and the Reserve Bank of Australia makes a rate decision. Welcome to another week in Australian politics.
Anthony Albanese has finished his visit to the UK and is off to the United Arab Emirates next, where he will meet with President Mohammed bin Zayed Al Nahyan. On the agenda will be a discussion about the Australia-UAE Comprehensive Economic Partnership Agreement. Earlier this year, Trade Minister Don Farrell said the deal, when fully implemented, would mean nearly all Australian products would enter the UAE without tariffs, including meat, dairy, grains and minerals.
If you want to know more about what Albanese has been up to on his trip so far, read my colleague Rich James on “Albo’s magical mystery tour”.
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Back in Canberra, a parliamentary committee will hold two days of hearings on climate change misinformation. The witness list includes officials from the Australian Communications and Media Authority and the United Nations, as well as lots of academics from Australia and abroad.
Today also marks the start of the RBA’s two-day board meeting. Tuesday will be the big day, when an announcement on rates will be made at 2.30pm, followed by a press conference at 3.30pm. It seems like we constantly promote our RBA stories in this column, and if you want to check out the latest analysis on that topic you know where to find it.
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If you’re curious why frequent flyer schemes now “sit squarely in the Reserve Bank’s sights” we can satisfy that craving as well — have a look at contributor Michael Sainsbury’s story from last week.
This morning’s early news cycle was dominated by the government’s impending release of its final budget outcome, which will reveal nearly $18 billion was wiped off the deficit for the last financial year, ABC News reported. Expect the full release later today.
On Wednesday, professor Ben Saul and human rights lawyer Chris Sidoti will address the National Press Club on why recognising Palestine statehood is “necessary but insufficient”. Last week, we published palliative care practitioner Rachel Coghlan’s story “Leaving Gaza City” — it’s a must read, devastating as it is.
Finally, a reminder that daylight savings begins on Sunday in NSW, Victoria, Tasmania, and the ACT. Clocks will be moved forward one hour from 2am to 3am, which will mean more light in the evenings.