Australia information dwell updates: Anthony Albanese joins world leaders forward of Queen’s funeral; increase for Australia’s Covid response | Australia information

Key occasions

Western NSW city to be lower off by flood waters, as warnings additionally issued for Victoria

The city of Wee Waa in north western NSW is making ready to be remoted for as much as per week after flood ranges reached 6.7m over the weekend.

A number of roads within the area have been closed, with main flooding alongside the Namoi River at Gunnedah being intently monitored.

State Emergency Service (SES) spokesperson David Rankine informed the ABC that native items have been making ready for roads into the city to be lower from tomorrow. He mentioned:

Wee Waa could possibly be lower off for a couple of days from tomorrow into Tuesday.

Extra flood warnings have additionally come via in a single day for the King River in Victoria:

Liberal senator pushes for cryptocurrency crackdown

Josh Butler

Josh Butler

Liberal senator Andrew Bragg has proposed a personal member’s invoice to tighten regulation on cryptocurrency, to handle what he calls a “Wild West scenario” created by present legal guidelines.

Bragg, the Senator for NSW, is pushing for a brand new system for licensing of digital asset exchanges, together with guidelines mandating cryptocurrency corporations preserve forex in reserve in an Australian financial institution in a bid to provide customers extra safety within the case of the collapse of an alternate.

He mentioned there have been each “dangers and alternatives” for Australia in additional embracing digital belongings, and has lengthy advocated for brand new guidelines to assist the nation changing into a frontrunner in crypto. In a speech to a blockchain discussion board on Monday, Bragg famous the “infinite promoting of crypto all through the soccer finals” and known as for the federal government to take motion.

Bragg was chair of a Senate committee that investigated cryptocurrency points final yr, and mentioned the previous Coalition authorities had been dedicated to implementing proposals to additional regulate the market.

His proposal, the Digital Belongings (Market Regulation) Invoice 2022, would create licensing schemes for digital asset exchanges, digital asset custodians and stablecoin issuers.

The licensees could be topic to minimal capital necessities, conduct regulation and governance, necessities to segregate shopper funds from company funds within the occasion of an alternate declaring chapter, cyber safety requirements, disclosure necessities to authorities businesses, and necessities for key personnel to be based mostly in Australia.

Bragg mentioned:

Ready isn’t an possibility and Australian customers are uncovered to an unregulated market as we communicate.

In the intervening time Australians face a gaping gap in that funding in a monetary product is protected by regulation whereas an analogous wanting crypto product isn’t.

Bragg was essential of the Labor authorities for asserting additional opinions into cryptocurrency, as an alternative of taking swifter motion. He mentioned:

The consequence of Labor’s inaction is evident. Australia is falling behind on shopper safety and funding promotion.

Covid response to be boosted with further $1.4bn

Josh Butler

Josh Butler

The federal authorities is pouring in one other $1.4 billion to the nation’s Covid response, with $840 million going to aged care alone.

The foremost pandemic announcement will probably be confirmed on Monday morning by well being minister Mark Butler, at a press convention in Adelaide. Quite a few measures within the federal Covid response have been on account of run out by September 30, however Monday’s announcement extends a number of key applications.

The Aged Care Assist Program – which funds further cleansing, employees wages and coaching, waste elimination and an infection management measures – will get $840 million. Of that, $35 million will prolong ongoing on‑web site PCR testing in amenities.

The most recent federal Covid snapshot for aged care, as of September 14, reported 40 resident deaths and 1580 mixed new resident and employees circumstances within the prior seven days. There have been 270 amenities with an energetic outbreak at that date, down 70 from the earlier week.

Energetic aged care outbreaks have been trending down steadily since a peak in late July, and at the moment are on the lowest stage since January.

Butler’s announcement will even embrace $235 million for PPE, therapies and speedy assessments for aged care, incapacity care, frontline employees and First Nations well being companies; $115 million for speedy antigen assessments to high-risk settings together with aged care; $142 million in Medicare Advantages Scheme gadgets for Covid assessments and anti-viral prescriptions; $48 million to increase 100 respiratory clinics; and funding for communication campaigns round Covid.

Final week, nationwide cupboard agreed to increase the pandemic go away catastrophe cost for employees who needed to isolate however didn’t have sick pay. Butler mentioned the federal authorities would “proceed to evaluation the COVID-19 response measures, in response to skilled recommendation, because it develops a long-term technique for managing the pandemic.”

Butler mentioned:

This motion will present Australians with efficient testing, medical care and coverings to guard themselves and people most weak locally.

Good morning!

In London, the prime minister Anthony Albanese has attended a reception for world leaders hosted by King Charles III at Buckingham Palace, forward of Queen Elizabeth II’s funeral.

Albanese has additionally met along with his counterparts from the 14 Commonwealth realms, together with Canadian prime minister Justin Trudeau yesterday.

The well being minister, Mark Butler, will immediately announce the federal government is allocating one other $1.4bn to the nation’s Covid-19 response, with $840m going to aged care alone.

Many measures within the federal Covid response have been on account of run out by September 30, however immediately’s announcement will prolong a number of key applications.

The federal government is consulting on new legal guidelines to spice up work safety, together with minimal wages and different entitlements for gig employees, in what the ABC is reporting as an “Uberisation” overhaul.

The Liberal senator Andrew Bragg has proposed a personal member’s invoice to tighten regulation on cryptocurrency, to handle what he calls a “Wild West scenario” created by present legal guidelines.

If there’s something you assume must be on the weblog, you possibly can ping me @natasha__may on Twitter or e-mail

Let’s get going!

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