This is The Loop, your quick catch-up for the morning's news as it happens.
Live updates
By Kelsie Iorio
Stay in The Loop
Thanks for joining us for today's live wrap of this morning's news.
If you're just joining us, here's what you need to know:
- One of the suspects wanted for the stabbing murders of 10 people across Saskatchewan in Canada has been found dead. His brother, the other suspect, remains at large
- Former Coalition staffer Rachelle Miller has released the details of her $650,000 settlement with the Commonwealth, after she alleged abuse by her former boss and then-government minister Alan Tudge
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Liz Truss will soon be sworn in as the 56th prime minister of the United Kingdom after defeating Rishi Sunak in the Conservative leadership election
- Many economists are predicting the RBA will lift its cash rate target by 0.5 percentage points later today. This would bring the new cash rate to 2.35 per cent, its highest level since December 2014
- Frances Tiafoe has pulled off the biggest win of his career, beating second-seeded Rafael Nadal 6-4, 4-6, 6-4, 6-3 to reach the US Open quarterfinals
- Long-time host of A Current Affair Tracy Grimshaw has announced she's leaving the program at the end of 2022 after 17 years
Stay up to date on the ABC News websiteand bysubscribing to our mobile alerts — we'll see you tomorrow.
By Kelsie Iorio
Coming up: Countdown to rates decision
Economists are questioning the merit of the Reserve Bank's decision to increase interest rates so quickly amid predictions of another rate rise later today.
The RBA has already lifted interest rates for four months in a row, quickly taking its official cash rate target from a record low 0.1 cent to 1.85 per cent.
As you may have seen earlier, the Commonwealth Bank has warned that there's a real risk to the economy if rates rise quickly, with borrowers only just feeling the effects of the first two rate rises.
Most analysts and traders are expecting another half-a-percentage-point increase today, to 2.35 per cent — the highest it's been since early 2015.
We're expecting to hear from the RBA this afternoon.
By Kelsie Iorio
Just in: Former Coalition staffer releases details of $650,000 settlement
Rachelle Miller has released the details of her $650,000 settlement with the Commonwealth, after she alleged abuse by her former boss and then-government minister Alan Tudge.
Ms Miller claimed she was subject to bullying, harassment and discrimination while working for Mr Tudge and for former government minister Michaelia Cash.
Mr Tudge and Senator Cash deny the allegations.
"Taxpayers have a right to know about the outcomes of complaints made against elected officials, particularly if a settlement was paid," Ms Miller says.
Political reporter Jake Evans has the full story on this here.
By Kelsie Iorio
News while you snoozed: Don't Worry Darling stars hit the Venice Film Festival red carpet
Olivia Wilde's long-awaited psychological thriller has officially hit screens and the film's stars have gathered at the Venice Film Festival to celebrate.
There's a lot of talk about some weird vibes between Wilde, lead Florence Pugh and co-star Harry Styles — that's another story — but the film got a four-minute standing ovation after its Venice premiere.
By Kelsie Iorio
Coming up: AUS vs NZ in Cairns
The Chappell–Hadlee Trophy is on the line when the Australian men's cricket team takes on New Zealand in a three-match one-day series starting in Cairns today.
It's the first time Australia has hosted the Black Caps since the pandemic started to take hold in March 2020.
Australia clinched an ODI series against Zimbabwe in Townsville just last week, winning the first two games but falling short in the third.
By Kelsie Iorio
Just in: Rafael Nadal knocked out of the US Open by Frances Tiafoe
Well. That is a bit of an upset.
Frances Tiafoe has knocked Rafael Nadal out of his home tournament to advance to the quarter-finals.
The 24-year-old beat the world number three in four sets, ending Nadal’s 22-match winning streak at Grand Slam tournaments.
Tiafoe is the youngest American male player to advance this far in the US Open since Andy Roddick in 2006.
By Kelsie Iorio
Update: Police say second suspect in Canadian stabbing spree might also be injured
Saskatchewan Royal Canadian Mounted Police commanding officer Rhonda Blackmore says one of the men suspected of being involved in the stabbing murders of 10 people in Canada yesterday "may have sustained injuries" and could be seeking medical attention.
Myles Sanderson has not yet been located by police after a massive manhunt was launched about 24 hours ago.
His brother Damien was found dead on the James Smith Cree Nation earlier.
By Kelsie Iorio
Breaking: Suspect in Canadian stabbing rampage found dead
One of the suspects wanted for the stabbing murders of 10 people in the Canadian province of Saskatchewan has been found dead.
Police say the body of 31-year-old Damien Sanderson was found outdoors near a house that was being examined.
His injuries are not believed to be self-inflicted.
His brother, 30-year-old Myles Sanderson, is still at large.
By Kelsie Iorio
Update: Some big names in Aussie media react to Tracy Grimshaw's announcement
By Shiloh Payne
Typhoon nears South Korea coast
Hundreds of flights have been grounded and more than 200 people have been evacuated as Typhoon Hinnamnor neats the southern region of South Korea.
The Typhoon is bringing heavy rains and winds of up to 170 kilometers per hour, putting the nation on alert for its worst storm in decades.
Government officials raised concern about potentially huge damage from flooding, landslides and tidal waves triggered by the typhoon.
Prime Minister Han Duk-soo has called for proactive efforts to evacuate residents in areas vulnerable to flooding.
“This is forecast to be a historically strong typhoon that we never experienced before,” Han said.
By Kelsie Iorio
News while you snoozed: Trump gets his 'special master'
A couple of weeks ago, Donald Trump asked a US court to block the FBI from reviewing materials seized from his Mar-a-Lago home, pending the appointment of a special master.
Overnight, his request was granted — despite much of the investigation into the seized documents already having occurred.
The decision "authorizes an outside legal expert to review the records taken during the August 8 search and to weed out from the rest of the investigation any that might be protected by claims of attorney-client privilege or executive privilege", AP explains.
"The Court is mindful that restraints on criminal prosecutions are disfavored, but finds that these unprecedented circumstances call for a brief pause to allow for neutral, third-party review to ensure a just process with adequate safeguards," US District Judge Aileen Cannon wrote in her 24-page order.
By Kelsie Iorio
Developing news: Zaporizhzhia power plant cut off from Ukrainian grid again
Ukrainian President Volodymyr Zelenskyy says the Zaporizhzhia nuclear power station has been cut off from the national grid for a second time.
He accused Russian shelling of causing the cut-off and said the plant was again "a step away from a radiation catastrophe".
The International Atomic Energy Agency (IAEA) said the backup power line had been cut to extinguish a fire ahead of its presentation of a report on the situation at the plant today.
"The shelling of the (plant's) territory means that the terrorist state does not care what the IAEA will say, it is not concerned about what the international community will decide," Zelenskyy said in his nightly video message.
By Kelsie Iorio
Australians are searching for: Tracy Grimshaw's ACA departure
The long-time host of A Current Affair announced during last night's program that she's stepping down after almost two decades behind the desk.
"I have some news that I wanted you to hear from me before you hear it from anyone else," the 62-year-old said at the end of the show.
"I've decided to finish up with A Current Affair this year.
"It's been a big decision, huge actually, and before the gossip websites start telling you rubbish, I want you to know it's been my decision alone, and I'm not being shoved out the door by the boys club because I'm too old.
"I'm not too old. I'm just a bit tired. And for the record, both the boys and the girls have asked me to stay."
She says it's been an "absolute privilege" to host the show that was "required viewing each night" for her and her family from a young age — something I'm sure a lot of Aussies have in common.
By Kelsie Iorio
Update: More from Trudeau on Saskatchewan stabbings
The Canadian PM spoke a short time ago urging people to heed warnings from authorities, as police continue to search for the two suspects in yesterday's stabbings.
He shared an update on social media just afterward, reiterating that the government will support the community.
By Kelsie Iorio
News while you snoozed: Meet Britain's new prime minister
Say hello to Liz Truss.
She's officially replacing Boris Johnson as Britain's new prime minister after she's sworn in by the Queen later today, after defeating Rishi Sunak in the Conservative leadership election.
Here's how the election went down, and if you want to know a little more about the United Kingdom's 56th prime minister (and third woman to run the show), our reporter in London Jack Hawke introduces us to her here.
By Kelsie Iorio
News while you snoozed: Saskatchewan victims identified
A mum-of-two, a widower, a first responder and a 14-year-old boy are among the victims of the deadly stabbing spree in Saskatchewan yesterday.
Ivor and Darryl Burns from the James Smith Cree Nation told Reuters that their sister, Gloria Burns (pictured below), was killed.
Darryl said his sister was a first responder who went to a crisis call and got caught in the violence.
Residents in the village of Weldon in Saskatchewan identified another of the victims in the community as Wes Petterson, a 77-year-old widower.
"He was just a lovely man," friend Doreen Lees said.
Friends and family Lana Head, a mother of two daughters, paid tribute to her on social media.
"Not the way I wanted her to leave this world," childhood friend Melodie Whitecap posted.
By Kelsie Iorio
Just in: Trudeau speaks as police continue to search for Saskatchewan suspects
Canadian Prime Minister Justin Trudeau has just given a brief statement about the situation in Saskatchewan.
He says authorities are monitoring the situation closely.
"Please, be careful," he says.
"If you see anything, if you have any information, please call 911."
By Kelsie Iorio
Just in: Two men charged over Saskatchewan stabbings
Two men have been charged with murder over the deaths of 10 people in a stabbing rampage in the Canadian province of Saskatchewan.
Police say 31-year-old Damien Sanderson and 30-year-old Myles Sanderson have been charged with first-degree murder, attempted murder and break-and-enter, with further charges expected to be laid.
At least 18 other people were injured in the rampage across multiple locations in the Indigenous community.
A mother-of-two, a 14-year-old boy and a first responder are among the victims identified so far.
By Kelsie Iorio
Coming up: The RBA's decision on interest rates
We're set to hear from the Reserve Bank later on today — and it's almost certainly going to announce another increase to the official cash rate.
The RBA has already lifted interest rates four months in a row, quickly taking its official cash rate target from a record low 0.1 per cent to 1.85 per cent — and many are expecting another half-a-percentage-point increase this afternoon.
But the Commonwealth Bank is now warning that there's a "clear risk" that the RBA will lift interest rates too high, too fast because of the lags in how they are passed on to mortgage customers and affect their cash flow and spending.
Business reporters Michael Janda and Rhiana Whitson explain it all here — check it out.
