The Guardian

Australia news live: ASX faces more losses as RBA due to meet for key interest rates decision; Asio chief warns of volatile society



Overnight sell-off in New York and London points to more falls on ASX. Follow the day’s news liveGet our morning and afternoon news emails, free app or daily news podcastASIO boss Mike Burgess was on ABC’s 7.30 Report last night, where he discussed the increased threat of terrorism, after his agency raised the risk level to probable yesterday.Burgess said the decision to raise the threat level was after a series of violent incidents in Australia reflected “what we are seeing in society”. He said of the eight incidents that contributed to the decision, there was an “equal mix” of religious motivation, nationalism, racism and in one case a “mixed ideology that goes to the left and right”.This is the new thing, people will go to violence with no warning and will not be known to us with little or no planning in the cases of some of these I’ve talked about. They are symptomatic of what we are seeing in society: increased temperature, violence is more permissible and a range of ideologies. Minors are also in the mix, youth are particularly vulnerable, driven by social media. Continue reading…



Source link : https://www.theguardian.com/australia-news/live/2024/aug/06/asx-wall-street-losses-rba-interest-rates-decision-economy-asio-terror-threat-level-housing-labor-coalition-politics-vic-nsw-qld-higgins-reynolds-defamation-trial

Author : Martin Farrer

Publish date : 2024-08-05 20:46:40

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