Samantha Mostyn, a lawyer,business-woman and gender equality campaigner, has been appointed the 28th Governor-General of Australia.
The appointment was announced this morning by the Prime Minister, Anthony Albanese. The vice-regal appointment is made by King Charles III on the advice of the prime minister.
Mostyn will take up the 5-year appointment on July 1, 2024.
Watch the Albanese-Mostyn press conference (26m):
This is Senator Dave Sharma’s maiden speech to the Senate.
Sharma, a Liberal, assumed his NSW Senate position on November 30, 2023. He filled a casual vacancy created by the departure of Senator Marise Payne. At her retirement, Payne was the longest-serving female senator, having held her seat for 26 years, 5 months and 21 days since 1997.
The Reserve Bank has left the cash rate unchanged at 4.35%, in a decision announced today.
The cash rate has now been held at 4.35% for the past four months.
In a statement released today, the RBA board says that inflation has moderated but is still high. It says the “outlook is highly uncertain”.
Scott Morrison, the former Prime Minister (2018-22), has delivered his valedictory speech to the House of Representatives.
Morrison will resign as the Liberal member for Cook later this week.
The Defence Minister, Richard Marles, has announced an upgrade and expansion of the Australian Navy to give it an “enhanced lethality surface combatant fleet”.
Flanked by the Pat Conroy, the Minister for Defence Industry, Marles announced an additional $11 billion over the next decade. The money will be used to expand the Navy’s fleet of warships to 26 vessels, an increase of 15 craft.
Jeremy Rockliff, the Liberal Premier of Tasmania, has announced that negotiations with two former Liberal MPs have broken down and he will call an early election tomorrow.
The Reserve Bank of Australia today made no change to the cash rate, leaving it at 4.35%.
The 4.35% rate has been in force since November 2023.
The bank’s decision is its first in a restructured process. As part of the new processes, the Governor of the Reserve Bank, Michele Bullock, held a press conference an hour after the bank’s decision was announced.
Watch Michele Bullock’s press conference (45m)
The coalition will support the Albanese government’s tax cuts, the Opposition Leader, Peter Dutton, confirmed today.
Flanked by the Shadow Treasurer, Angus Taylor, and the Shadow Finance Minister, Senator Jane Hume, Dutton said “the coalition is not going to stand in the way of people who are doing it tough”.
The Chinese Australian writer Yang Hengjun has been sentenced to death by a court in China.
Yang Hengjun
Yang Hengjun, a pro-democracy activist, has been detained for the past five years. His death sentence will likely be commuted to life imprisonment after two years of “good behaviour”.
Greg Combet, a former minister in the Rudd-Gillard governments, has been appointed Chairman of the Future Fund.
Greg Combet, new Chairman of the Future Fund