Key events24m agoWelcomeFilters BETAKey events (1)Jim Chalmers (3)6m ago17.53 EDT
There has been a fatal three-vehicle crash in the Southbound lanes of the Bruce Highway at Federal this morning.
In a statement, police said:
Police received calls just before 4am of the crash and investigations are ongoing to determine the circumstances involved.
Three people have died and a male in his 30’s sustained a head injury and was transported in a serious but stable condition to Gympie Hospital.
The Bruce Highway is expected to be closed in the Southbound lanes for an extended period and diversions are currently in place.
The Forensic Crash Unit is investigating.
11m ago17.49 EDT
Jim Chalmers says Australians ‘doing it tough’ on mortgages
Chalmers has been asked about some of the data in the wellbeing framework that is out of date – including the information on mortgage repayments:
People are doing it tough. We’ve talked about that. The main game is rolling out cost-of-living relief for people who need it. We get more frequent data that help us understand those pressures, what we’re talking about is in addition to that.
We made it clear, this is our first crack at it. One of the tasks is to identify the gaps in the data. We want people to discuss it and critique it.
We haven’t had a national wellbeing framework before. What it makes clear is we need to be better at measuring our progress over time.
Updated at 17.59 EDT13m ago17.47 EDT
Treasurer says ‘supply issues’ affecting cost of living
The treasurer has said there are some supply-side issues increasing inflation:
There are supply-side issues relating to inflation. The war in Ukraine and the pressure on supply chains coming out of the pandemic. A number of those issues are supply issues.
Updated at 17.57 EDT16m ago17.44 EDT
Jim Chalmers says job market ‘remarkably strong’
Jim Chalmers has been asked about the employment figures yesterday – which show the jobs market is still red hot, with employment at 3%.
The fact our job market has been remarkably strong has been good surprise.
When you consider what’s happening around the world it’s a remarkable thing we have employment at 3%. And half a million new jobs have been created.
The Reserve Bank’s incoming governor said last month that the unemployment rate needed to be around 4. 5% for the economy to be at a sustainable point.
The treasurer said there’s a big difference between a technical definition and broader aspirations – the objective of the government is to create well-paid jobs “for everyone who wants”.
Updated at 17.57 EDT24m ago17.36 EDTWelcome
Good morning everyone!
Here are the stories around this morning:
My colleague Amy Remeikis has the story on treasurer Jim Chalmers’ inaugural national well-being framework – which paints a picture of a population feeling stressed. But it’s not all bad news – I’ll bring you more on that in a minute.
Stand-in skipper Steph Catley insists the Matildas can…
2023-07-20 16:44:07
Post from www.theguardian.com
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