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Latest posts yesterday 6.00pm
What we covered today By Hannah Hammoud Thanks for following our live blog. That’s a wrap for today – stay tuned for more live coverage tomorrow.
Here’s a quick rundown of today’s top stories:
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Teal candidate Nicolette Boele has won Bradfield after a tight recount, defeating Liberal rival Gisele Kapterian by just 26 votes. Former ASIO director-general Dennis Richardson backed calls from Defence Force chief Admiral David Johnston for higher defence spending. Greens leader Larissa Waters called Senator Dorinda Cox’s split from the party disappointing, denying claims that Cox told the new leader to “grow a spine”. Under-siege Tasmanian Premier Jeremy Rockliff shot back at Opposition Leader Dean Winter after a move to debate a no-confidence motion led by Winter succeeded. MPs are debating on the decision, with an outcome expected later today. US President Donald Trump signed a directive to raise steel and aluminum tariffs to 50 per cent, with a carve-out for the UK to be reviewed after July 9. Westpac’s RAMS home loan franchises are facing legal action after submitting fake payslips to approve mortgage applications, according to the corporate watchdog. Opposition deputy leader Ted O’Brien slammed Labor’s proposed superannuation changes as an economic “disaster”, and urged the government to drop its proposal. A housemate of missing Queensland teen Pheobe Bishop has been arrested after police suspended searches. Treasurer Jim Chalmers on Wednesday issued his most forthright defence of his superannuation policy. Credit: Alex Ellinghausen
Elon Musk criticised Donald Trump’s proposed tax and spending bill as a “disgusting abomination”. Australia’s economy grew by just 0.2 per cent in the March quarter, below the expected 0.3 per cent. The NSW government and Electrical Trades Union are locked in a dispute over a proposed enterprise agreement to end a bitter train network standoff. The Dutch government collapsed over disagreements on immigration, likely triggering a snap election. Meanwhile in South Korea, opposition candidate Lee Jae-myung won the presidency, ending months of political turmoil. Thanks again for tuning in – see you tomorrow.
yesterday 5.45pm
Fake payslips used to get loans approved in ‘systemic misconduct’: ASIC By Clancy Yeates Staff at Westpac’s RAMS home loan franchises submitted fake payslips from employers that did not exist to get mortgage applications over the line, the corporate watchdog says in a new court case alleging “systemic misconduct” within the lender.
The Australian Securities and Investments Commission on Wednesda
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