Australia news live: Chalmers and Gallagher to present final budget outcome; RBA interest rate hike looms
Follow the day’s news live. Get our breaking news email , free app or daily news podcast Good morning and welcome to our live news blog. Nick Visser will join us shortly. We have budget news, interest rate hikes on the horizon and some expert views on autonomous AI and hacks. Continue reading...
The Australian government is set to release its final budget outcome, with Treasurer Chris Chalmers and Deputy Treasurer Meg Gallagher scheduled to present the figures. Meanwhile, the Reserve Bank of Australia (RBA) is expected to consider raising interest rates.
In a separate matter, a search is underway for Jordan Yap, a 30-year-old Melbourne man who went missing during a solo trek in Peru. Yap was last seen near the start of the Cordillera Huayhuash circuit, a 10-day hiking route known for its challenging terrain and high altitude. Despite a large-scale rescue effort involving 12 rescue teams and a reconnaissance flight, Yap has not been found. Authorities have confirmed that Yap was last in contact with friends and family on September 14 before embarking on the hike.
Written by urgent.news from Guardian Technology's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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