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The Guardian - AU
The Guardian - AU
National
Martin Farrer

Morning Mail: RBA rate warning, thousands miss power bill rebates, four-day work week trial

RBA governor Philip Lowe says borrowing costs will rise as long as inflation keeps going up.
RBA governor Philip Lowe says borrowing costs will rise as long as inflation keeps going up. Photograph: Lukas Coch/AAP

Morning everyone. The Reserve Bank governor’s ominous warning that the cash rate will keep rising as long as inflation continues its own upward trajectory is the sobering backdrop this morning to research showing that hundreds of thousands of people are missing out on energy bill concessions worth up to $372 a year. Even so, we’ve got analysis showing that the real damage to household finances will be done by rising mortgage costs, not power prices. But it’s not all gloom – some Australian staff at multinational Unilever are joining a trial of a four-day work week. With no pay cut.

Before we go deeper – if you are currently reading this in our app and want to continue being alerted to the Morning Mail, then please click here and tap “Get notifications” on the next screen. Also you can sign up here! Anyway, on with the day.

Australia

A four-day week could mean more time at the beach.

World

A group of people thought to be migrants are brought in to Dungeness, Kent.

Full Story

This photograph taken on 28 October 2022 shows a sealed glove box for irradiated materials with a sign “contaminated area” at the LIDEC (Integrated Expertise Laboratory of the Centre for Expertise and Inspection in the Domains of Construction and Operation) at the Chinon Nuclear Power Plant, central western France.

Why Peter Dutton’s nuclear power plan doesn’t stack up

Peter Dutton’s enthusiasm for nuclear energy looks like an excuse for delay on renewables, argues our climate and environment editor Adam Morton.

In-depth

Wet weather at Marrickville golf course in Sydney

Six places in Sydney are in the top 10 of the wettest locations in Australia this year, BoM figures on average rainfall show. One site, Marrickville golf club, has recorded 2,154mm of rain – 213.1% of its annual mean of 1,010.8mm. In all, New South Wales takes nine places in the chart with Maree in South Australia the outlier.

Not the news

A still from the 2022 Australian horror film Sissy

Social media and the wellness industry are the satirical targets of Sissy, a “diabolically entertaining” new Australian horror movie. Starring Aisha Dee in the eponymous role, our reviewer Luke Buckmaster says you’ll need a strong stomach, but it’s nevertheless a “deranged pleasure”.

The world of sport

England’s Sam Curran celebrates after taking a catch to dismiss New Zealand’s James Neesham in Brisbane.
  • Cricket | England piled the pressure on Australia by beating New Zealand by 20 runs in a crunch T20 World Cup group game in Brisbane.

  • Football | Spurs players endured a sleepless night in their Marseille hotel after rival fans set off fireworks at 1.30am and 4.30am ahead of their crunch Champions League clash today.

  • NBA | Fans protested at the Brooklyn-Indiana game against Nets guard Kyrie Irving after he tweeted out a link to a film that includes anti-Jewish tropes.

Media roundup

Anthony Albanese believes the country can reform its way out of the coming economic downturn rather than rely on cash handouts, the Australian reports, while a columnist in the Sydney Morning Herald warns that house prices have much further to fall. Cold air is blowing up the east coast, bringing temperatures usually seen in the depths of winter, the ABC says. The Age says that after the flood, the roar returned to Flemington yesterday for the Melbourne Cup.

What’s happening today

  • LGBTQ+ deaths inquiry | Honourable Justice John Sackar will open a special commission of inquiry in Sydney into unsolved deaths of LGBTQ+ people between 1970 and 2010.

  • Cassius vigils | Vigils are being staged around the country for Cassius Turvey, the 15-year-old who was allegedly murdered in Perth.

  • Mining protests | Environmental activists are expected to protest as the International Mining and Resources conference starts in Sydney.

Sign up

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Bored?

And finally, the Guardian’s crosswords to keep you entertained throughout the day – with plenty more on the Guardian’s Puzzles app for iOS and Android. Until tomorrow.

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