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Welcome
Good morning and welcome to our live news blog. I’m Martin Farrer with the stories making the headlines first thing, before I pass the baton on to Nick Visser.
The big news today is expected to be the Albanese government announcing its carbon emissions target for the next decade. But before we get that, there’s plenty of other news around.
Australia’s jobs market is forecast to remain in good health, despite the prospect that the latest figures due out this morning will show a rise in the unemployment rate. Economists don’t think it will affect interest rates, although there could be a knock-on from the US Fed’s decision overnight to cut rates for the first time since December. More coming up.
Police in South Australia have charged a man with murder, hours after bones were found during a search for the remains of a woman who vanished more than 20 years ago. More coming up on that too.
And a $30bn takeover bid for Australian gas giant Santos has been withdrawn at the last minute after a consortium led by the UAE’s state-owned Abu Dhabi National Oil Company reconsidered its offer.