Oil sanctions lifted; State budgets handed down
Hello, welcome to the live broadcast of our national news. Monday, June 22. Here are the main headlines of the day.
Distributed state budgets: It’s budget day in NSW and Queensland. Road tolls will be reduced and a new housing production center will be created in NSW. The budget lockout ends at 12.30pm. A $400 million boost will be given to mental health services in Queensland.
House prices are falling: House prices in Sydney and Melbourne are likely to fall by as much as $100,000 next year as the property market slows, and the issue will be a hot topic in federal parliament today.
Cyber risk is increasing: The heads of Five Eyes cybersecurity agencies issued a rare joint statement warning that artificial intelligence is reshaping cyber risk in months rather than years.
Trust in Trump is decreasing: As trust in Donald Trump hits a new low, Australians say the country’s relationship with China is more important than its partnership with the US, according to a new poll.
The Prime Minister commemorates Starmer: Prime Minister Anthony Albanese observed a moment of silence after his friend, British Prime Minister Keir Starmer, said he would resign.
USA lifted sanctions on Iranian oil: The 60-day postponement of US sanctions on Iranian oil as part of an interim peace agreement has reopened the US market to Iranian crude oil for the first time in 35 years.
