⚠️ LABOR’S $560M GRANTS SCHEME FACES SENATE INQUIRY

A Senate inquiry begins today into Labor’s $560 million invitation-only grants program, after an investigation found nearly 73% of funding went to Labor-held electorates.

Among the projects under scrutiny is a $6 million grant to Marrickville Golf Club in Anthony Albanese’s electorate, where the Prime Minister previously held an undeclared honorary membership.

The Infrastructure Department says it had no role in selecting projects, while the government maintains the program followed the rules.

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🚨 RBA WARNS INFLATION IS WORSENING

Reserve Bank Deputy Governor Andrew Hauser has warned Australia's inflation outlook is "materially worse" than previously forecast, raising the possibility of another interest rate increase in November.

Inflation remains at 4%, well above the RBA's 2–3% target, despite four rate hikes this year. Meanwhile, unemployment has risen to 4.7%, leaving the central bank facing difficult decisions as the economy weakens.

The RBA will announce its next interest rate decision on November 3.

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📉 HOUSE PRICES FALL IN EVERY AUSTRALIAN CAPITAL AS RECORD 4.7% QUARTERLY DROP REPORTED

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🚨 SYDNEY MAN ARRESTED AFTER ALLEGEDLY THREATENING CHILDCARE SHOOTING IN AI CHAT

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🚨 UN WARNS CHEVRON OVER METHANE EMISSIONS AT AUSTRALIAN LNG PLANT

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