{"id":488808,"date":"2026-02-25T03:12:12","date_gmt":"2026-02-25T03:12:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/488808\/"},"modified":"2026-02-25T03:12:12","modified_gmt":"2026-02-25T03:12:12","slug":"australia-news-live-high-speed-rail-could-link-sydney-to-melbourne-in-under-three-hours-pm-says-australia-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/488808\/","title":{"rendered":"Australia news live: high-speed rail could link Sydney to Melbourne \u2018in under three hours\u2019, PM says | Australia news"},"content":{"rendered":"<p>Albanese envisions high-speed rail one day making its way to Melbourne<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/02\/Benita_Kolovos.png\" alt=\"Benita Kolovos\" class=\"dcr-lysqes\"\/>Benita Kolovos<\/p>\n<p class=\"dcr-130mj7b\">The prime minister later turned to high speed rail, following the announcement of $230m for planning work for the first phase from Newcastle to Sydney. He says he envisions the project continuing all the way down to Melbourne in the future:<\/p>\n<p>double quotation markAs a former infrastructure minister I can tell you, the only thing that moves fast in this process is the train. But let me be clear: for high-speed rail to deliver its full economic and national benefits, it cannot terminate at Sydney. Australia is the only inhabited continent on Earth that doesn\u2019t already have high-speed rail.<\/p>\n<p>And Melbourne to Sydney is one of the busiest flight corridors in the world. I accept that I will not be the prime minister when high-speed rail is finished. But I am determined to be the prime minister who starts it.<\/p>\n<p class=\"dcr-130mj7b\">This final line received a heap of applause from the crowd.<\/p>\n<p class=\"dcr-130mj7b\">Albanese was asked why we need high-speed rail and how are we going to afford it. He responded:<\/p>\n<p>double quotation markThe first thing to say is that Sydney-Newcastle, makes most sense in terms of density \u2026 but it\u2019s also the hardest. A lot of Sydney to Melbourne is actually a lot easier by definition. Essentially, think about that getting through the Hawkesbury and across what is pretty, pretty hard terrain, and would have to largely be under the ground rather than over. The big thing that makes sense between Sydney and Melbourne and changes the economics of it is the uplift of regional economic development that you would have along the route.<\/p>\n<p><img decoding=\"async\" alt=\"An artist impression of business class in a high-speed rail service in Australia.\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/02\/8000.jpg\" width=\"465\" height=\"261.79499999999996\" loading=\"lazy\" class=\"dcr-evn1e9\"\/>An artist impression of business class in a high-speed rail service in Australia. Illustration: High Speed Rail Authority Australia\/Australian government<\/p>\n<p class=\"dcr-130mj7b\">He says the vision would be Sydney to Melbourne in \u201cunder three hours\u201d:<\/p>\n<p>double quotation markIt\u2019s not just a transport policy, it\u2019s an economic development policy, it\u2019s a housing policy. It\u2019s a growth strategy as well, with huge productivity benefits. If you think about the time that it takes people travelling to an airport, sitting waiting, boarding all of that. There\u2019s a reason why, around the world, high-speed rail has taken off. No one now flies from London to Paris.<\/p>\n<p><a href=\"mailto:?subject=Australia news live: high-speed rail could link Sydney to Melbourne \u2018in under three hours\u2019, PM says&amp;body=https:\/\/www.theguardian.com\/australia-news\/live\/2026\/feb\/25\/capital-gains-tax-hearing-anthony-albanese-canberra-threat-evacuation-cpi-inflation-figures-labor-coalition-politics-updates-ntwnfb?CMP=share_btn_url&amp;page=with%3Ablock-699e5aa98f08eeb4ea8a0fa9#block-699e5aa98f08eeb4ea8a0fa9\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><\/p>\n<p>Updated at\u00a021.46 EST<\/p>\n<p>Key events<\/p>\n<p>Show key events only<\/p>\n<p>Please turn on JavaScript to use this feature<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/02\/Sarah_Basford_Canales.png\" alt=\"Sarah Basford Canales\" class=\"dcr-lysqes\"\/>Sarah Basford Canales<\/p>\n<p class=\"dcr-130mj7b\">ACT Police will return art posters seized from Canberra music venue after assessment<\/p>\n<p class=\"dcr-130mj7b\">No charges will be laid against the owner of a <a href=\"https:\/\/www.theguardian.com\/australia-news\/2026\/feb\/19\/police-seize-art-posters-depicting-trump-putin-and-netanyahu-in-nazi-uniforms-from-canberra-bar-ntwnfb\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">Canberra music venue who was shut down<\/a> for a night last week by ACT police for potentially breaching hate symbol laws after displaying art posters depicting world leaders and others, including Donald Trump and Elon Musk, wearing Nazi uniforms.<\/p>\n<p class=\"dcr-130mj7b\">In a statement on Wednesday afternoon, ACT police said it had now assessed the posters and no charges would be laid.<\/p>\n<p>double quotation markFollowing assessment, it has been determined that while the posters satisfied certain aspects of the legislation, other aspects were not met. As such, criminal proceedings will not occur. The posters will be returned to the owner in due course and this matter finalised.<\/p>\n<p>ACT Policing remains committed to ensuring that alleged antisemitic, racist and hate incidents are addressed promptly and thoroughly and when possible criminality is identified, ACT Policing will not hesitate to take appropriate action.<\/p>\n<p>Police seized art posters depicting Trump, Putin and Netanyahu in Nazi uniforms from David Howe at Dissent cafe. Photograph: Sarah Basford Canales\/The Guardian<\/p>\n<p class=\"dcr-130mj7b\">David Howe, the owner of Dissent Cafe and Bar in Canberra\u2019s CBD, told Guardian Australia his venue was shut down for about two hours last Wednesday night as police investigated a complaint about hate imagery relating to five posters in the window.<\/p>\n<p>\u201cI think it\u2019s ludicrous to be perfectly honest,\u201d he told Guardian Australia, describing the works as an \u201canti-fascist statement\u201d and noting the shut down had caused the cancellation of an interstate band\u2019s performance.<\/p>\n<p>By Thursday afternoon, less than 24 hours later, the posters were placed back in the windows,with the contents covered with the word \u201cCENSORED\u201d in red and have remained there since.<\/p>\n<p class=\"dcr-130mj7b\">Read more:<\/p>\n<p><a href=\"mailto:?subject=Australia news live: high-speed rail could link Sydney to Melbourne \u2018in under three hours\u2019, PM says&amp;body=https:\/\/www.theguardian.com\/australia-news\/live\/2026\/feb\/25\/capital-gains-tax-hearing-anthony-albanese-canberra-threat-evacuation-cpi-inflation-figures-labor-coalition-politics-updates-ntwnfb?CMP=share_btn_url&amp;page=with%3Ablock-699e676d8f089504d803c360#block-699e676d8f089504d803c360\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/02\/Benita_Kolovos.png\" alt=\"Benita Kolovos\" class=\"dcr-lysqes\"\/>Benita Kolovos<\/p>\n<p class=\"dcr-130mj7b\">PM gets rapid-fire questions, calling former prince Andrew a \u2018grub\u2019<\/p>\n<p class=\"dcr-130mj7b\">The prime minister was also asked a series of rapid-fire questions by the Herald Sun editor, Sam Weir, and was asked to give one-word answers. They were:<\/p>\n<p class=\"dcr-130mj7b\">Sussan Ley: \u201cBest wishes\u201d<\/p>\n<p class=\"dcr-130mj7b\">Angus Taylor: \u201cLeader\u201d<\/p>\n<p class=\"dcr-130mj7b\">Andrew Mountbatten-Windsor: \u201cGrub\u201d<\/p>\n<p class=\"dcr-130mj7b\">Craig Tiley: \u201cLegend\u201d<\/p>\n<p class=\"dcr-130mj7b\">Oscar Piastri: \u201cWinner\u201d<\/p>\n<p class=\"dcr-130mj7b\">One Nation voters: \u201cFrustrated\u201d<\/p>\n<p class=\"dcr-130mj7b\">Pauline Hanson: \u201cDivisive\u201d<\/p>\n<p class=\"dcr-130mj7b\">Australia Day: \u201cGreat\u201d<\/p>\n<p class=\"dcr-130mj7b\">Grace Tame: \u201cDifficult\u201d<\/p>\n<p class=\"dcr-130mj7b\">Donald Trump: \u201cPresident\u201d<\/p>\n<p class=\"dcr-130mj7b\">Barnaby Joyce: \u201cI can\u2019t do that in one word, I am just looking forward to Barnaby Joyce v Pauline Hanson \u2013 you know it\u2019s coming\u201d<\/p>\n<p class=\"dcr-130mj7b\">Women with Islamic State links: \u201cThey made their bed, they\u2019re lying in it\u201d<\/p>\n<p class=\"dcr-130mj7b\">AFL or NRL: \u201cUnfair\u201d<\/p>\n<p class=\"dcr-130mj7b\">Rabbitohs or Hawks: \u201cI was on the board of Rabbitohs \u2026 but I support both\u201d<\/p>\n<p class=\"dcr-130mj7b\">His response on Mountbatten-Windsor received applause from the crowd.<\/p>\n<p>Anthony Albanese speaks during the Future Victoria Summit in Melbourne on Wednesday. Photograph: Michael Currie\/AAP<a href=\"mailto:?subject=Australia news live: high-speed rail could link Sydney to Melbourne \u2018in under three hours\u2019, PM says&amp;body=https:\/\/www.theguardian.com\/australia-news\/live\/2026\/feb\/25\/capital-gains-tax-hearing-anthony-albanese-canberra-threat-evacuation-cpi-inflation-figures-labor-coalition-politics-updates-ntwnfb?CMP=share_btn_url&amp;page=with%3Ablock-699e60b48f084f94bcf3969f#block-699e60b48f084f94bcf3969f\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><\/p>\n<p>Updated at\u00a022.06 EST<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/02\/Patrick_Commins.png\" alt=\"Patrick Commins\" class=\"dcr-lysqes\"\/>Patrick Commins<\/p>\n<p class=\"dcr-130mj7b\">High inflation the \u2018political payback of a populist policy\u2019, economist says<\/p>\n<p class=\"dcr-130mj7b\">High inflation is \u201cthe political payback of a populist policy\u201d by federal and state governments to subsidise energy prices from mid-2023, an economist says.<\/p>\n<p class=\"dcr-130mj7b\">Stephen Smith, a partner at Deloitte Access Economics, said this morning\u2019s evidence that inflation remains too high \u201cmeans a pre-budget rate rise remains on the table\u201d.<\/p>\n<p class=\"dcr-130mj7b\">Smith made the same point as the Australian Bureau of Statistics that the 3.8% headline inflation figure \u201cis heavily influenced by the end of energy bill relief, which has triggered an 18.5% increase in electricity prices in the month of January alone\u201d.<\/p>\n<p>double quotation markWhile the federal government deserves credit for not continuing the electricity subsidies beyond December, today\u2019s spike in headline CPI [consumer price index] was always going to be the political payback of a populist policy.<\/p>\n<p> Photograph: Jono Searle\/AAP<\/p>\n<p class=\"dcr-130mj7b\">For Smith, the combination of relatively soft growth and high inflation are a hallmark of an economy struggling with low productivity growth, and highlighted the urgency of the reform challenge.<\/p>\n<p>double quotation markUnless the federal budget meets the moment and outlines significant economic and tax reform, growth will stagnate and inflation will persist for longer than necessary.<\/p>\n<p class=\"dcr-130mj7b\">Cherelle Murphy, EY\u2019s chief economist, said the latest inflation figures showed \u201cpersistent\u201d price pressures, and reinforced the likelihood of further rate hikes.<\/p>\n<p class=\"dcr-130mj7b\">\u201cThe Reserve Bank has its work cut out to get inflation back within the target band\u201d of 2-3%, Murphy said.<\/p>\n<p class=\"dcr-130mj7b\">Jim Chalmers in a statement said the latest inflation figures \u201care another important reminder that the coming budget will have the right focus on inflation and productivity against a backdrop of global uncertainty\u201d.<\/p>\n<p><a href=\"mailto:?subject=Australia news live: high-speed rail could link Sydney to Melbourne \u2018in under three hours\u2019, PM says&amp;body=https:\/\/www.theguardian.com\/australia-news\/live\/2026\/feb\/25\/capital-gains-tax-hearing-anthony-albanese-canberra-threat-evacuation-cpi-inflation-figures-labor-coalition-politics-updates-ntwnfb?CMP=share_btn_url&amp;page=with%3Ablock-699e538f8f08eeb4ea8a0f74#block-699e538f8f08eeb4ea8a0f74\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><\/p>\n<p>Updated at\u00a021.52 EST<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/02\/Benita_Kolovos.png\" alt=\"Benita Kolovos\" class=\"dcr-lysqes\"\/>Benita Kolovos<\/p>\n<p class=\"dcr-130mj7b\">Albanese says government \u2018always\u2019 looking at economic reform<\/p>\n<p class=\"dcr-130mj7b\">Asked about the prospect of changes to capital gains tax, Albanese said the government was \u201calways\u201d looking at economic reform. He went on:<\/p>\n<p>double quotation markWhat we have been very keen to do, because in part, we know there is a lot of frustration of the way that the political system works, is to deliver on the commitments that we took to the election.<\/p>\n<p>We\u2019ve been ticking them off one by one, but we\u2019ve also said that\u2019s the floor, not the ceiling, that\u2019s not the limit of our ambition, and you\u2019ll see reform in the budget.<\/p>\n<p>You\u2019ll have to wait to see.<\/p>\n<p>Anthony Albanese speaks during the Future Victoria Summit in Melbourne on Wednesday. Photograph: Michael Currie\/AAP<a href=\"mailto:?subject=Australia news live: high-speed rail could link Sydney to Melbourne \u2018in under three hours\u2019, PM says&amp;body=https:\/\/www.theguardian.com\/australia-news\/live\/2026\/feb\/25\/capital-gains-tax-hearing-anthony-albanese-canberra-threat-evacuation-cpi-inflation-figures-labor-coalition-politics-updates-ntwnfb?CMP=share_btn_url&amp;page=with%3Ablock-699e5ed28f08eeb4ea8a0fc9#block-699e5ed28f08eeb4ea8a0fc9\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><\/p>\n<p>Updated at\u00a021.54 EST<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/02\/Benita_Kolovos.png\" alt=\"Benita Kolovos\" class=\"dcr-lysqes\"\/>Benita Kolovos<\/p>\n<p class=\"dcr-130mj7b\">Albanese reminds everyone to \u2018turn the heat down for goodness sake\u2019 after bomb threat<\/p>\n<p class=\"dcr-130mj7b\">We\u2019ve now moved to a Q&amp;A, facilitated by the Herald Sun editor, Sam Weir, and chief executive officer of the chamber of commerce, Sally Curtain.<\/p>\n<p class=\"dcr-130mj7b\">Weir has begun by apologising about the protesters and thanking him for continuing on with his speech. Albanese responded:<\/p>\n<p>double quotation markThe objective should always be to keep going.<\/p>\n<p>The prime minister\u2019s residence, The Lodge, in Canberra on Wednesday. Photograph: Mick Tsikas\/AAP<\/p>\n<p class=\"dcr-130mj7b\">Weir then asked him about the \u201cscare\u201d at The Lodge last night, which was evacuated due to a bomb threat. He joked the prime minister\u2019s cavoodle, Toto, was a \u201cfearsome guard\u201d and asked whether Albanese could dispel the rumour Karl Stefanovic had been \u201clingering too long in The Lodge after his podcast\u201d.<\/p>\n<p class=\"dcr-130mj7b\">Albanese replied:<\/p>\n<p>double quotation markI can do that.<\/p>\n<p class=\"dcr-130mj7b\">The prime minister added \u201ca reminder to take every opportunity to tell people to turn the heat down, for goodness sake\u201d.<\/p>\n<p><a href=\"mailto:?subject=Australia news live: high-speed rail could link Sydney to Melbourne \u2018in under three hours\u2019, PM says&amp;body=https:\/\/www.theguardian.com\/australia-news\/live\/2026\/feb\/25\/capital-gains-tax-hearing-anthony-albanese-canberra-threat-evacuation-cpi-inflation-figures-labor-coalition-politics-updates-ntwnfb?CMP=share_btn_url&amp;page=with%3Ablock-699e5c818f084f94bcf3967e#block-699e5c818f084f94bcf3967e\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><\/p>\n<p>Updated at\u00a021.35 EST<\/p>\n<p>Albanese envisions high-speed rail one day making its way to Melbourne<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/02\/Benita_Kolovos.png\" alt=\"Benita Kolovos\" class=\"dcr-lysqes\"\/>Benita Kolovos<\/p>\n<p class=\"dcr-130mj7b\">The prime minister later turned to high speed rail, following the announcement of $230m for planning work for the first phase from Newcastle to Sydney. He says he envisions the project continuing all the way down to Melbourne in the future:<\/p>\n<p>double quotation markAs a former infrastructure minister I can tell you, the only thing that moves fast in this process is the train. But let me be clear: for high-speed rail to deliver its full economic and national benefits, it cannot terminate at Sydney. Australia is the only inhabited continent on Earth that doesn\u2019t already have high-speed rail.<\/p>\n<p>And Melbourne to Sydney is one of the busiest flight corridors in the world. I accept that I will not be the prime minister when high-speed rail is finished. But I am determined to be the prime minister who starts it.<\/p>\n<p class=\"dcr-130mj7b\">This final line received a heap of applause from the crowd.<\/p>\n<p class=\"dcr-130mj7b\">Albanese was asked why we need high-speed rail and how are we going to afford it. He responded:<\/p>\n<p>double quotation markThe first thing to say is that Sydney-Newcastle, makes most sense in terms of density \u2026 but it\u2019s also the hardest. A lot of Sydney to Melbourne is actually a lot easier by definition. Essentially, think about that getting through the Hawkesbury and across what is pretty, pretty hard terrain, and would have to largely be under the ground rather than over. The big thing that makes sense between Sydney and Melbourne and changes the economics of it is the uplift of regional economic development that you would have along the route.<\/p>\n<p>An artist impression of business class in a high-speed rail service in Australia. Illustration: High Speed Rail Authority Australia\/Australian government<\/p>\n<p class=\"dcr-130mj7b\">He says the vision would be Sydney to Melbourne in \u201cunder three hours\u201d:<\/p>\n<p>double quotation markIt\u2019s not just a transport policy, it\u2019s an economic development policy, it\u2019s a housing policy. It\u2019s a growth strategy as well, with huge productivity benefits. If you think about the time that it takes people travelling to an airport, sitting waiting, boarding all of that. There\u2019s a reason why, around the world, high-speed rail has taken off. No one now flies from London to Paris.<\/p>\n<p><a href=\"mailto:?subject=Australia news live: high-speed rail could link Sydney to Melbourne \u2018in under three hours\u2019, PM says&amp;body=https:\/\/www.theguardian.com\/australia-news\/live\/2026\/feb\/25\/capital-gains-tax-hearing-anthony-albanese-canberra-threat-evacuation-cpi-inflation-figures-labor-coalition-politics-updates-ntwnfb?CMP=share_btn_url&amp;page=with%3Ablock-699e5aa98f08eeb4ea8a0fa9#block-699e5aa98f08eeb4ea8a0fa9\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><\/p>\n<p>Updated at\u00a021.46 EST<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/02\/Benita_Kolovos.png\" alt=\"Benita Kolovos\" class=\"dcr-lysqes\"\/>Benita Kolovos<\/p>\n<p class=\"dcr-130mj7b\">Albanese talking about efforts to help first home buyers and other infrastructure efforts<\/p>\n<p class=\"dcr-130mj7b\">Albanese\u2019s speech in Melbourne has largely covered his usual ground \u2013 covering off the commitments his government took to the last election. This includes the federal government\u2019s new 5% deposit scheme, which he says has helped 71,000 Victorians buy their first home.<\/p>\n<p class=\"dcr-130mj7b\">He says in the last year, one in every three Australians who bought their first home was a Victorian:<\/p>\n<p>double quotation markWhat\u2019s happening in Victoria underlines an important fact. When it comes to housing affordability, the most important thing is supply. More Victorians have been able to buy a home, because Victoria is building more homes.<\/p>\n<p class=\"dcr-130mj7b\">Albanese says the federal government confirmed earlier this month that it would sell empty or underused defence land \u2013 eight sites in Melbourne and eight in regional Victoria.<\/p>\n<p class=\"dcr-130mj7b\">He says the state and federal governments were also working to build roads and public transport to service the new homes. He says the federal government has backed the North East Link, Suburban Rail Loop, the redevelopment of Sunshine Station and Melbourne Airport rail. On the latter, he says:<\/p>\n<p>double quotation markThis is a project that has been debated and announced and re-announced for decades. Now it is under way. Plans approved, shovels in the ground. No turning back.<\/p>\n<p>Anthony Albanese. Photograph: Mick Tsikas\/AAP<a href=\"mailto:?subject=Australia news live: high-speed rail could link Sydney to Melbourne \u2018in under three hours\u2019, PM says&amp;body=https:\/\/www.theguardian.com\/australia-news\/live\/2026\/feb\/25\/capital-gains-tax-hearing-anthony-albanese-canberra-threat-evacuation-cpi-inflation-figures-labor-coalition-politics-updates-ntwnfb?CMP=share_btn_url&amp;page=with%3Ablock-699e58fc8f084f94bcf39664#block-699e58fc8f084f94bcf39664\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><\/p>\n<p>Updated at\u00a021.12 EST<\/p>\n<p class=\"dcr-130mj7b\">American political wonks: Donald Trump\u2019s State of the Union is set to begin<\/p>\n<p class=\"dcr-130mj7b\">You can follow along with Guardian US\u2019s liveblog here:<\/p>\n<p><a href=\"mailto:?subject=Australia news live: high-speed rail could link Sydney to Melbourne \u2018in under three hours\u2019, PM says&amp;body=https:\/\/www.theguardian.com\/australia-news\/live\/2026\/feb\/25\/capital-gains-tax-hearing-anthony-albanese-canberra-threat-evacuation-cpi-inflation-figures-labor-coalition-politics-updates-ntwnfb?CMP=share_btn_url&amp;page=with%3Ablock-699e57008f08eeb4ea8a0f91#block-699e57008f08eeb4ea8a0f91\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/02\/Benita_Kolovos.png\" alt=\"Benita Kolovos\" class=\"dcr-lysqes\"\/>Benita Kolovos<\/p>\n<p class=\"dcr-130mj7b\">Protesters ejected from prime minister\u2019s speech in Melbourne<\/p>\n<p class=\"dcr-130mj7b\">Two protesters were ejected during prime minister Anthony Albanese\u2019s speech at the Victorian Chamber of Commerce and Industry and Herald Sun\u2019s Future Victoria Summit in Melbourne.<\/p>\n<p class=\"dcr-130mj7b\">The protesters chanted \u201cno more coal and gas\u201d as a heavy security presence escorted them from the event, held at Crown. Albanese continued his speech throughout, with the crowd applauding as the protesters were ejected.<\/p>\n<p class=\"dcr-130mj7b\">It comes after Albanese was evacuated from his official Canberra residence on Tuesday night as police responded to a bomb threat.<\/p>\n<p><a href=\"mailto:?subject=Australia news live: high-speed rail could link Sydney to Melbourne \u2018in under three hours\u2019, PM says&amp;body=https:\/\/www.theguardian.com\/australia-news\/live\/2026\/feb\/25\/capital-gains-tax-hearing-anthony-albanese-canberra-threat-evacuation-cpi-inflation-figures-labor-coalition-politics-updates-ntwnfb?CMP=share_btn_url&amp;page=with%3Ablock-699e560f8f084f94bcf39652#block-699e560f8f084f94bcf39652\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><\/p>\n<p>Updated at\u00a020.57 EST<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/02\/Josh_Butler.png\" alt=\"Josh Butler\" class=\"dcr-lysqes\"\/>Josh Butler<\/p>\n<p class=\"dcr-130mj7b\">More than half of Australians open to voting for <a href=\"https:\/\/www.theguardian.com\/australia-news\/one-nation\" data-link-name=\"in body link\" data-component=\"auto-linked-tag\" rel=\"nofollow noopener\" target=\"_blank\">One Nation<\/a> despite Hanson\u2019s Muslim comments<\/p>\n<p class=\"dcr-130mj7b\">Nearly 60% of Australians would be open to voting for One Nation at the next federal election, including nearly half of those currently backing Labor, according to the latest Guardian Essential poll.<\/p>\n<p class=\"dcr-130mj7b\">The results will ring alarm bells for both the government and <a href=\"https:\/\/www.theguardian.com\/australia-news\/coalition\" data-link-name=\"in body link\" data-component=\"auto-linked-tag\" rel=\"nofollow noopener\" target=\"_blank\">Coalition<\/a> about the march of the rightwing populist party and its leader, Pauline Hanson.<\/p>\n<p>One Nation leader Pauline Hanson. Photograph: Darren England\/EPA<\/p>\n<p class=\"dcr-130mj7b\">Meanwhile, Angus Taylor\u2019s appointment as Liberal leader has done little to boost the opposition\u2019s electoral fortunes so far, with its primary vote virtually unchanged and voters split about whether his spill of Sussan Ley would make them more or less likely to vote for the Coalition.<\/p>\n<p class=\"dcr-130mj7b\">The poll of 1,002 Australians last week found a largely unchanged primary vote federally. Labor recorded a 30% primary, one point down from January, while the Coalition ticked up one point to 26%.<\/p>\n<p class=\"dcr-130mj7b\">Read more here:<\/p>\n<p><a href=\"mailto:?subject=Australia news live: high-speed rail could link Sydney to Melbourne \u2018in under three hours\u2019, PM says&amp;body=https:\/\/www.theguardian.com\/australia-news\/live\/2026\/feb\/25\/capital-gains-tax-hearing-anthony-albanese-canberra-threat-evacuation-cpi-inflation-figures-labor-coalition-politics-updates-ntwnfb?CMP=share_btn_url&amp;page=with%3Ablock-699e533f8f089504d803c2ee#block-699e533f8f089504d803c2ee\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><\/p>\n<p>Updated at\u00a020.58 EST<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/02\/Melissa_Davey2.png\" alt=\"Melissa Davey\" class=\"dcr-lysqes\"\/>Melissa Davey<\/p>\n<p class=\"dcr-130mj7b\">Independent oversight team appointed at Cumberland hospital<\/p>\n<p class=\"dcr-130mj7b\">The NSW government has ordered an independent team of experts to oversee the management of Cumberland hospital in Sydney effective immediately following separate escapes of two mental health patients.<\/p>\n<p>A <a href=\"https:\/\/www.theguardian.com\/australia-news\/2026\/feb\/18\/merrylands-stabbing-man-charged-murder-sydney-ntwnfb\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">man charged with murder after a stabbing attack in Merrylands<\/a> had allegedly absconded from Cumberland hospital. In an unrelated matter, it has been alleged that another of the hospital\u2019s patients caused a car crash that killed two people earlier in February.<\/p>\n<p>The direction from the minister for mental health, Rose Jackson, \u201cis aimed at improving safety, strengthening governance, and rebuilding public confidence, alongside a formal security review into recent incidents\u201d, a statement from the minister\u2019s office said.<\/p>\n<p class=\"dcr-130mj7b\">The team of experts will ensure clear monitoring, accountability and escalation frameworks are implemented at the hospital, the statement said.<\/p>\n<p>It follows a recently announced review to examine patient care and treatment, security protocols, and the management of abscondments at the hospital.<\/p>\n<p class=\"dcr-130mj7b\">Cumberland hospital will be closing permanently at the end of 2027, when the Westmead Integrated Mental <a href=\"https:\/\/www.theguardian.com\/australia-news\/health\" data-link-name=\"in body link\" data-component=\"auto-linked-tag\" rel=\"nofollow noopener\" target=\"_blank\">Health<\/a> Complex opens.<\/p>\n<p>\u201cA formal review into these recent incidents is underway, but because we want it to be a thorough process it will not be completed overnight,\u201d Jackson said, continuing:<\/p>\n<p>double quotation markWe don\u2019t want people experiencing mental distress shunted away in small, isolated facilities. The new Westmead Integrated Mental Health Complex will allow us to relocate patients into a modern, integrated network of health facilities.<\/p>\n<p><a href=\"mailto:?subject=Australia news live: high-speed rail could link Sydney to Melbourne \u2018in under three hours\u2019, PM says&amp;body=https:\/\/www.theguardian.com\/australia-news\/live\/2026\/feb\/25\/capital-gains-tax-hearing-anthony-albanese-canberra-threat-evacuation-cpi-inflation-figures-labor-coalition-politics-updates-ntwnfb?CMP=share_btn_url&amp;page=with%3Ablock-699e4ba68f089504d803c2b3#block-699e4ba68f089504d803c2b3\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><\/p>\n<p>Updated at\u00a020.59 EST<\/p>\n<p>Power bills up by nearly a third in the year to January<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/02\/Patrick_Commins.png\" alt=\"Patrick Commins\" class=\"dcr-lysqes\"\/>Patrick Commins<\/p>\n<p class=\"dcr-130mj7b\">Climbing rents, electricity bills and building costs contributed the most to inflation in the year to January, according to figures released by the Australian Bureau of Statistics this morning.<\/p>\n<p class=\"dcr-130mj7b\">As mentioned, inflation in the year to January did not ease as expected, <a href=\"https:\/\/www.theguardian.com\/australia-news\/live\/2026\/feb\/25\/capital-gains-tax-hearing-anthony-albanese-canberra-threat-evacuation-cpi-inflation-figures-labor-coalition-politics-updates-ntwnfb?page=with%3Ablock-699e42af8f089504d803c278#block-699e42af8f089504d803c278\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">but instead held at 3.8%<\/a>.<\/p>\n<p class=\"dcr-130mj7b\">The measure the Reserve Bank pays attention to, which tracks underlying price pressures, actually rose from 3.3% to 3.4%.<\/p>\n<p class=\"dcr-130mj7b\">Why is the \u201cheadline\u201d figure so high?<\/p>\n<p class=\"dcr-130mj7b\">A big part of the story is that power bills are a huge 32% higher than they were in early 2025, which the ABS said is \u201cmostly related to households using up\u201d federal and state electricity rebates.<\/p>\n<p class=\"dcr-130mj7b\">In other words: electricity costs were artificially lowered by subsidies, and are now snapping back to \u201cnormal\u201d.<\/p>\n<p class=\"dcr-130mj7b\">Rents climbed at a brisk 3.9%, unchanged from the month before.<\/p>\n<p class=\"dcr-130mj7b\">Bad news for households: the climbing cost of living is concentrated in essentials.<\/p>\n<p class=\"dcr-130mj7b\">Non-discretionary goods and services are 4.1% higher through the year, the ABS data showed, while discretionary prices were up 3.5%.<\/p>\n<p class=\"dcr-130mj7b\">We\u2019ll soon hear what the economists reckon this all means for the chance of further interest rate hikes.<\/p>\n<p><a href=\"mailto:?subject=Australia news live: high-speed rail could link Sydney to Melbourne \u2018in under three hours\u2019, PM says&amp;body=https:\/\/www.theguardian.com\/australia-news\/live\/2026\/feb\/25\/capital-gains-tax-hearing-anthony-albanese-canberra-threat-evacuation-cpi-inflation-figures-labor-coalition-politics-updates-ntwnfb?CMP=share_btn_url&amp;page=with%3Ablock-699e4b5f8f084f94bcf395fb#block-699e4b5f8f084f94bcf395fb\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><\/p>\n<p>Updated at\u00a020.55 EST<\/p>\n<p>Software firm WiseTech to cut 2,000 jobs as AI takes over<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/02\/Jonathan_Barrett.png\" alt=\"Jonathan Barrett\" class=\"dcr-lysqes\"\/>Jonathan Barrett<\/p>\n<p class=\"dcr-130mj7b\">WiseTech Global is planning to cut 2,000 jobs over two years as the Sydney-headquartered firm bets big on the ability of artificial intelligence to replace humans.<\/p>\n<p class=\"dcr-130mj7b\">The planned reduction, representing about 30% of its workforce, marks a radical change for a logistics software company that has itself come under heavy pressure from investors over fears its products could be replicated by AI.<\/p>\n<p class=\"dcr-130mj7b\">This morning, WiseTech\u2019s chief executive, Zubin Appoo, said:<\/p>\n<p>double quotation markSoftware development has experienced its most significant shift in decades. I am prepared to say this clearly: the era of manually writing code as the core act of engineering is over.<\/p>\n<p>AI amplifies the productivity of our expertise in logistics and trade, the rich datasets that WiseTech holds, and the network advantage that we have built over 30 years.<\/p>\n<p class=\"dcr-130mj7b\">Shares in WiseTech have been heavily sold down in recent months <a href=\"https:\/\/www.theguardian.com\/australia-news\/2026\/feb\/21\/what-would-share-stock-market-saaspocalypse-mean-saas-apocalypse-meaning\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">as part of the \u201cSaaS-pocalypse\u201d<\/a>, a term to describe the idea that AI becomes so advanced that bespoke software becomes redundant.<\/p>\n<p class=\"dcr-130mj7b\">Many software companies, however, have described the sector rout as overdone and believe their businesses will benefit from AI advancements.<\/p>\n<p><a href=\"mailto:?subject=Australia news live: high-speed rail could link Sydney to Melbourne \u2018in under three hours\u2019, PM says&amp;body=https:\/\/www.theguardian.com\/australia-news\/live\/2026\/feb\/25\/capital-gains-tax-hearing-anthony-albanese-canberra-threat-evacuation-cpi-inflation-figures-labor-coalition-politics-updates-ntwnfb?CMP=share_btn_url&amp;page=with%3Ablock-699e48998f084f94bcf395e9#block-699e48998f084f94bcf395e9\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><\/p>\n<p>Updated at\u00a020.10 EST<\/p>\n<p>Woolworths reports 16% jump in profit<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/02\/Caite_McLeod.png\" alt=\"Catie McLeod\" class=\"dcr-lysqes\"\/>Catie McLeod<\/p>\n<p class=\"dcr-130mj7b\">Woolworths has reported a significant 16.4% rise in profit, helped by expanding its margins in its key supermarket business.<\/p>\n<p class=\"dcr-130mj7b\">In its half-year earnings report released today, Woolworths recorded an increase in underlying net profit to $859m over the six months to 4 January, up from $739m in the prior corresponding period.<\/p>\n<p class=\"dcr-130mj7b\">Australia\u2019s largest supermarket chain significantly expanded its profit margins during a period of reigniting inflation, with groceries and other household costs rising strongly again in the second half of last year.<\/p>\n<p class=\"dcr-130mj7b\">The company\u2019s results come ahead of a planned legal case brought by the consumer regulator against Woolworths.<\/p>\n<p class=\"dcr-130mj7b\">Read more:<\/p>\n<p><a href=\"mailto:?subject=Australia news live: high-speed rail could link Sydney to Melbourne \u2018in under three hours\u2019, PM says&amp;body=https:\/\/www.theguardian.com\/australia-news\/live\/2026\/feb\/25\/capital-gains-tax-hearing-anthony-albanese-canberra-threat-evacuation-cpi-inflation-figures-labor-coalition-politics-updates-ntwnfb?CMP=share_btn_url&amp;page=with%3Ablock-699e47ed8f08eeb4ea8a0f22#block-699e47ed8f08eeb4ea8a0f22\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><\/p>\n<p>Updated at\u00a020.15 EST<\/p>\n<p>Rate hike fears as underlying inflation pressures grow<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/02\/Patrick_Commins.png\" alt=\"Patrick Commins\" class=\"dcr-lysqes\"\/>Patrick Commins<\/p>\n<p class=\"dcr-130mj7b\">Inflation remained at 3.8% in the year to January, but a lift in underlying price pressures will add to fears of another interest rate hike.<\/p>\n<p class=\"dcr-130mj7b\">The Reserve Bank\u2019s preferred measure of \u201ccore\u201d inflation, which removes large temporary price swings, lifted from 3.3% to 3.4% in January.<\/p>\n<p class=\"dcr-130mj7b\">The consensus forecast among economists had been for headline inflation to tick lower to 3.7%, and for the trimmed mean measure to be steady.<\/p>\n<p class=\"dcr-130mj7b\">The RBA in February delivered its first rate hike since late 2023, after a surprisingly strong economic rebound through the second half of last year pushed inflation back above the bank\u2019s 2-3% target range.<\/p>\n<p class=\"dcr-130mj7b\">Financial markets and economists are betting on another hike, potentially at the May RBA board meeting.<\/p>\n<p class=\"dcr-130mj7b\">The Reserve Bank\u2019s deputy governor, Andrew Hauser, recently told Guardian Australia that it appeared that unanticipated pickup in activity had extended into the new year.<\/p>\n<p class=\"dcr-130mj7b\">Notably, the unemployment rate remained at a low 4.1% in January.<\/p>\n<p>RBA deputy governor Andrew Hauser. Photograph: Lukas Coch\/AAP<a href=\"mailto:?subject=Australia news live: high-speed rail could link Sydney to Melbourne \u2018in under three hours\u2019, PM says&amp;body=https:\/\/www.theguardian.com\/australia-news\/live\/2026\/feb\/25\/capital-gains-tax-hearing-anthony-albanese-canberra-threat-evacuation-cpi-inflation-figures-labor-coalition-politics-updates-ntwnfb?CMP=share_btn_url&amp;page=with%3Ablock-699e42af8f089504d803c278#block-699e42af8f089504d803c278\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><\/p>\n<p>Updated at\u00a020.17 EST<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/02\/Patrick_Commins.png\" alt=\"Patrick Commins\" class=\"dcr-lysqes\"\/>Patrick Commins<\/p>\n<p class=\"dcr-130mj7b\">Capital gains tax discount not to blame for high house prices, former PC boss says<\/p>\n<p class=\"dcr-130mj7b\">Michael Brennan, the CEO of the e61 Institute, says it would be \u201cbrave\u201d to say that the introduction of the 50% capital gains tax discount in 1999 played a major role in the massive boom in house prices since the turn of the century.<\/p>\n<p class=\"dcr-130mj7b\">Instead, the \u201clocking in of expectations that interest rates would be permanently lower\u201d meant buyers were prepared to pay more for a range of assets, including property. That had a \u201csignificant effect\u201d on the housing market, Brennan told a parliamentary committee looking at the CGT.<\/p>\n<p class=\"dcr-130mj7b\">There was also a big rise in incomes from 2003 as China\u2019s rapid industrialisation sparked a boom in the demand for iron ore. \u201cWe had significant population growth at the time; that\u2019s also something that contributed to the run-up in housing prices a bit in that period,\u201d he said.<\/p>\n<p class=\"dcr-130mj7b\">Brennan doesn\u2019t believe that reforms to the CGT should be viewed through the lenses of housing affordability or intergenerational fairness, despite the fact that much of the talk through the three days of hearings has been on this topic. Instead, it should be about the \u201ctwin principles of horizontal and vertical equity\u201d.<\/p>\n<p>double quotation markHorizontal equity argument is the idea you want to have people with similar incomes taxed similarly. And vertical equity in the sense we have a belief in progressivity: that those on higher incomes make a higher proportionate contribution to revenue than those on lower incomes.<\/p>\n<p class=\"dcr-130mj7b\">His previous evidence was that the CGT discount in its current form fails on both these counts.<\/p>\n<p><a href=\"mailto:?subject=Australia news live: high-speed rail could link Sydney to Melbourne \u2018in under three hours\u2019, PM says&amp;body=https:\/\/www.theguardian.com\/australia-news\/live\/2026\/feb\/25\/capital-gains-tax-hearing-anthony-albanese-canberra-threat-evacuation-cpi-inflation-figures-labor-coalition-politics-updates-ntwnfb?CMP=share_btn_url&amp;page=with%3Ablock-699e40788f08eeb4ea8a0f05#block-699e40788f08eeb4ea8a0f05\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><\/p>\n<p>Updated at\u00a019.29 EST<\/p>\n<p class=\"dcr-130mj7b\">Albanese\u2019s dog Toto \u2018on alert\u2019 but \u2018all good\u2019 after bomb threat at Canberra home<\/p>\n<p class=\"dcr-130mj7b\">Toto, Anthony Albanese\u2019s blond cavoodle, is standing guard at the prime minister\u2019s residence in Canberra after the Lodge was evacuated for a few hours on Tuesday night over a bomb threat.<\/p>\n<p class=\"dcr-130mj7b\">Albanese took to social media to share a photo of his pup, who also <a href=\"https:\/\/www.theguardian.com\/lifeandstyle\/2025\/dec\/03\/australian-prime-minister-albanese-wedding-pet-dog-toto\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">served as a ring-bearer<\/a> during his wedding last year:<\/p>\n<p class=\"dcr-130mj7b\">\u201cToto on alert but all good,\u201d the prime minister wrote on Instagram. \u201cThanks to AFP for your ongoing work and professionalism and to people who sent kind messages of care and support.\u201d<\/p>\n<p>Toto at the prime minister\u2019s residence in Canberra. Photograph: albomp\/Instagram<\/p>\n<p class=\"dcr-130mj7b\">You can read more about yesterday\u2019s events here:<\/p>\n<p><a href=\"mailto:?subject=Australia news live: high-speed rail could link Sydney to Melbourne \u2018in under three hours\u2019, PM says&amp;body=https:\/\/www.theguardian.com\/australia-news\/live\/2026\/feb\/25\/capital-gains-tax-hearing-anthony-albanese-canberra-threat-evacuation-cpi-inflation-figures-labor-coalition-politics-updates-ntwnfb?CMP=share_btn_url&amp;page=with%3Ablock-699e3c138f089504d803c248#block-699e3c138f089504d803c248\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><\/p>\n<p>Updated at\u00a020.19 EST<\/p>\n<p>Capital gains tax discount too generous to the rich, committee hears<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/02\/Patrick_Commins.png\" alt=\"Patrick Commins\" class=\"dcr-lysqes\"\/>Patrick Commins<\/p>\n<p class=\"dcr-130mj7b\">The flat 50% capital gains discount on the sale of assets held for more than a year \u201cundermines progressivity\u201d in the tax system as it favours the very top income earners, the head of the independent e61 Institute says.<\/p>\n<p class=\"dcr-130mj7b\">Michael Brennan, a former chair of the Productivity Commission, said returning to a pre-1999 approach that adjusted gains for inflation and allowed the profits to be averaged over a number of years (rather than taxed as if the profits all happened in a single year) was a more efficient and equitable approach.<\/p>\n<p class=\"dcr-130mj7b\">Speaking at a parliamentary committee hearing into the operation of the CGT, Brennan said it wasn\u2019t clear that we should tax wage income less favourably to capital income.<\/p>\n<p class=\"dcr-130mj7b\">\u201cThere are circumstances under which you can effectively substitute what would otherwise be wage income for something that looks like capital income,\u201d he said.<\/p>\n<p>double quotation markAnd you\u2019re making a reasonably significant real return out of that because the discount will be pretty kind to you, because you don\u2019t get a discount on your wage income.<\/p>\n<p class=\"dcr-130mj7b\">He said it was not clear that we should be \u201cartificially encouraging\u201d capital income or business formation through tax breaks.<\/p>\n<p>double quotation markThe broader point is it\u2019s not obvious from an economic point of view that we get more dynamism, innovation, entrepreneurship, etc, by having people buying and selling businesses or going into business.<\/p>\n<p>A lot of that will happen through an employer and employee relationship; there\u2019s a lot of innovation and dynamism to be unlocked within an employment structure as well.<\/p>\n<p><a href=\"mailto:?subject=Australia news live: high-speed rail could link Sydney to Melbourne \u2018in under three hours\u2019, PM says&amp;body=https:\/\/www.theguardian.com\/australia-news\/live\/2026\/feb\/25\/capital-gains-tax-hearing-anthony-albanese-canberra-threat-evacuation-cpi-inflation-figures-labor-coalition-politics-updates-ntwnfb?CMP=share_btn_url&amp;page=with%3Ablock-699e365e8f084f94bcf3956d#block-699e365e8f084f94bcf3956d\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><\/p>\n<p>Updated at\u00a019.10 EST<\/p>\n<p class=\"dcr-130mj7b\">Chris Baghsarian\u2019s family welcomes recent arrests and asks for privacy<\/p>\n<p class=\"dcr-130mj7b\">The family of Chris Baghsarian released a statement this morning. They said:<\/p>\n<p>double quotation markWe welcome the news of the recent arrests in relation to the kidnapping of our father and grandfather.<\/p>\n<p>As we continue attempting to come to terms with this incident, we ask that media respect our privacy.<\/p>\n<p>We will not be conducting any interviews and we kindly ask media refrain from filming outside our homes.<\/p>\n<p><a href=\"mailto:?subject=Australia news live: high-speed rail could link Sydney to Melbourne \u2018in under three hours\u2019, PM says&amp;body=https:\/\/www.theguardian.com\/australia-news\/live\/2026\/feb\/25\/capital-gains-tax-hearing-anthony-albanese-canberra-threat-evacuation-cpi-inflation-figures-labor-coalition-politics-updates-ntwnfb?CMP=share_btn_url&amp;page=with%3Ablock-699e36088f08eeb4ea8a0eb6#block-699e36088f08eeb4ea8a0eb6\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><\/p>\n<p>Updated at\u00a018.45 EST<\/p>\n","protected":false},"excerpt":{"rendered":"Albanese envisions high-speed rail one day making its way to MelbourneBenita Kolovos The prime minister later turned to&hellip;\n","protected":false},"author":2,"featured_media":488809,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-488808","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/488808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=488808"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/488808\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/488809"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=488808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=488808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=488808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}