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Australia news live: Lowe to face final parliamentary hearing, autopsies complete in Russell Island fire investigation

The outgoing governor of the Reserve Bank of Australia will likely be quizzed on his performance over the past seven years. Follow the day’s news live

Home affairs tried to water down report critical of ‘extraordinary’ counter terror powers

Department of Home Affairs officials told researchers to water down a key report that threatened to undermine the government’s use of “extraordinary” counter-terror powers allowing individuals to be imprisoned for a crime they have not yet committed, documents show.

Our results showed marked improvement in the second half, so with inflation abating, interest rates plateauing and incipient signs of stability in the housing market, we have sound reasons for optimism about the coming quarters.

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