Australia news live: Richard Marles insists Tony Burke’s speech on Labor’s new restrictive immigration policy ‘hasn’t been called off’ | Australia news


Marles says Tony Burke’s speech was moved, not cancelled

Marles was asked about home affairs minister Tony Burke’s delayed speech before the National Press Club about migration policies.

The deputy prime minister said the decision was merely a move of date, not a cancellation. Marles said:

double quotation markIt’s not unusual for dates to be moved around in people’s diaries and in terms of presenting speeches of that kind. I think what’s important here in terms of migration policy is complex. It’s one that we’ve been working on since we’ve come to government.

Tony Burke will be talking about that and he’ll be talking about that at the National Press Club at the earliest opportunity.

He went on:

double quotation markMoving around dates in a diary for senior members of government is very routine. It happens literally all the time. The speech hasn’t been called off. A date has been changed. That literally happens every week. And there’s nothing more to it than that.

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Patrick Commins

Patrick Commins

Can Australia make housing affordable while avoiding a major market crash?

The Reserve Bank has hiked interest rates and the property market is in retreat. So far, so normal.

Or is it?

There is a sense that this year’s fall in home prices feels different from previous episodes. The data tells another story.

Over the past four decades there have been seven property market downturns of varying length and depth, according to analysis put together by Shane Oliver, AMP’s chief economist.

They are often triggered by interest rate hikes, which make home loans more expensive, but they also occur during crises and policy changes.

Read more here:

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