Hello and welcome to our national news live coverage for Monday, June 22. Here are today’s main headlines.
State budgets handed down: It’s budget day in NSW and Queensland. In NSW, road tolls will be cut and a new housing manufacturing hub will be set up. The budget lock-up ends at 12.30pm. In Queensland, mental health services will receive a $400 million boost.
House prices to slump: House prices in Sydney and Melbourne are likely to fall by up to $100,000 over the next year as the property market slows, with the issue set to be a hot topic in federal parliament today.
Cyber risk grows: The heads of the Five Eyes cybersecurity agencies have issued a rare joint statement warning that artificial intelligence is reshaping cyber risk in months rather than years.
Trust in Trump plummets: Australians say the nation’s relationship with China is more important than its partnership with the US, as trust in Donald Trump hits a new low, a new poll has found.
PM pays tribute to Starmer: Prime Minister Anthony Albanese has paid tribute to his friend, British PM Keir Starmer, after the latter said he would step down.
US lifts sanctions on Iranian oil: A 60-day reprieve of US sanctions on Iranian oil, under an interim peace deal, has reopened the US market to Iranian crude for the first time in 35 years.
Read the full article here
