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Australia news live: Minns considers banning ebikes for under-12s in NSW; air safety chief says Sydney tarmac near-miss ‘unacceptable’ | Australia news

NSW premier says government is examining minimum age of 12 for ebikes

Penry Buckley

The NSW premier, Chris Minns, says the government is examining introducing a minimum age of 12 to ride ebikes in the state, the strongest indication yet of where the government will land following an independent expert review.

Minns appeared this morning to cut a gold ribbon on the debut of Kyle Sandilands Live, the new digital radio show hosted by the former Kiis FM host after the cancellation of the Kyle and Jackie O Show in March.

The premier told Sandilands “I was worried for you” following the show’s cancellation, while the pair joked about running into each other recently at an ice-cream shop in the Blue Mountains. Sandilands said:

double quotation markI thought you were a meth head because you had had the beanie on, you were you all rugged up.

But the conversation did turn towards policy, after Sandilands said he had bought his 11-year-old godson an ebike. The premier said the government is “examining an … age limit of 12” for ebikes.

“We haven’t finalised the details yet,” he said.

After a surge in injuries and an incident in which 40 or so e-bikes swarmed the Sydney Harbour Bridge in February, an expert review was asked to recommend an age limit of between 12 and 16, and was due to report back to the government in June.

A dumped e-bike in Sydney’s CBD.
A dumped e-bike in Sydney’s CBD. Photograph: Blake Sharp-Wiggins/The Guardian
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Jonathan Barrett

Jonathan Barrett

Mortgage applications fall 20% at Westpac since budget

Westpac has delivered a $1.8bn quarterly net profit, even after mortgage applications fell due to a combination of higher interest rates and Labor’s property tax changes.

The bank said in an update this morning that mortgage applications were down 20% between mid-May and the end of July, representing the immediate period after Labor announced changes to negative gearing and the treatment of capital gains.

The tax changes have largely dented demand from investors to the benefit of owner-occupiers.

Mortgage applications were already falling ahead of the May budget due to the Reserve Bank’s string of interest rate hikes, designed to subdue inflation.

Westpac chief executive Anthony Miller said ongoing housing undersupply would support prices.

double quotation markThe undersupply of housing combined with population growth is expected to partially offset the impact of higher interest rates and recent federal government policy changes on the housing market.

Overall, the bank recorded a 2% lift in lending during the June quarter, helping it increase its net profit result.

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