Man arrested, bomb squad called after incident at Collins Street in Melbourne's CBD 19/06/2024 (See translation in Arabic section) Sydney - Middle East Times Int’l: A 33-year-old man has been arrested by police after the bomb squad was called to Melbourne's CBD, where some buildings were put under lockdown. Several trams were diverted from parts of Collins Street shortly before midday on Wednesday, and some workers in buildings nearby were told to stay inside. In a statement, Victoria Police said the incident was not terror related and there was no immediate threat to the community. Detectives will interview the man in relation to an ongoing Arson and Explosives Squad investigation, police said. The Bomb Response Unit could be seen conducting a safety check on a white hatchback in Collins Street. The police operation occurred outside a local bank, but police said the bank was not involved in the incident. UK's Princess of Wales makes first public appearance since cancer diagnosis AFP 15/06/2024 (See translation in Arabic section) Sydney - Middle East Times Int’l: Catherine, Princess of Wales, on Saturday made a tentative return to public life for the first time since being diagnosed with cancer, attending a military parade in central London to mark Britain's King Charles III's official birthday. Kate, as she is widely known, rode in a carriage alongside her three children at the outset of the annual celebration before disembarking to watch proceedings from a viewing point. It comes nearly three months after the future queen revealed she was receiving chemotherapy treatment. The 42-year-old princess had not been seen at a public engagement since a Christmas Day service last year. In a Friday evening statement Kate said she was "making good progress" with her treatment, which is set to last for several more months, but was "not out of the woods yet". "I'm looking forward to attending the King's Birthday Parade this weekend with my family and hope to join a few public engagements over the summer," the princess said. Kate's announcement that she had cancer came just weeks after it was disclosed that her father-in-law, King Charles III, had also been diagnosed with the condition. Neither has revealed what type of cancer they have. British head of state Charles, 75, was given the green light to resume public duties in April, after doctors said they were "very encouraged" by his progress. His first engagement was meeting staff and patients at a London cancer treatment centre. Earlier this month, he attended commemoration events in northern France for the 80th anniversary of D-Day. - 'Our future queen' - However, unlike previous years when he inspected troops on horseback at Trooping the Colour, Charles participated this year from a carriage, in full military regalia alongside Queen Camilla. His elder son and heir William, 41, rode on horseback, also in military uniform. Kate, wearing a white dress and hat, had been seen arriving by car at Buckingham Palace with William and their children ahead of the parade, which formally began at 11:00 am (1000 GMT). Spectators on The Mall leading to Buckingham Palace to witness the yearly ceremonial event welcomed Kate's tentative return to public appearances. "I was so pleased to hear the news last night," Angela Perry, a teacher in her 50s from Reading in central England, told AFP. "She's our future queen. She's so important," she added, calling Kate's reemergence "reassuring". Royal officials will be keen to manage expectations about Kate's gradual return to the public eye, and have maintained that her appearances will depend on her treatment and recovery. Kate explained in her statement that she had "good days and bad days" and was "taking each day as it comes". After travelling with Prince George, aged 10, Princess Charlotte, nine, and six-year-old Prince Louis in a state carriage to watch the parade from a building, the family were set to return to Buckingham Palace for a balcony appearance. - Protests - Trooping the Colour marks the British sovereign's official birthday and is a minutely choreographed military tradition dating back more than two centuries. It starts at Buckingham Palace and moves down The Mall to Horse Guards Parade, where Charles will receive a royal salute before inspecting soldiers. Charles was actually born in November but the second birthday tradition dates back to King George II in 1748, who wanted to have a celebration in better weather as his own birthday was in October. The ceremony has its origins in the preparations for war, where all regimental flags -- or colours -- were shown to the soldiers so that they would recognise them in the confusion of battle. This year's event will include three of five military horses that bolted through the streets of central London in April after being spooked by the noise of building construction. London's Metropolitan Police said it would mount a "significant" security operation and had been liaising with anti-monarchy group Republic, which kicked off protests at the event. The force said it had banned "amplified sound" in and around the parade route on public safety grounds and to avoid disruption to the mounted regiments taking part. Republic's activists, who huddled on a section of The Mall alongside royalists, held aloft placards bearing slogans including "not my king" and "down with the crown".  “Mr Dutton says the next election will be a referendum on energy policy – we actually agree with that,” Mr Bowen said. 9/06/2024 (See translation in Arabic section) Sydney - Middle East Times Int’l: Energy Minister Chris Bowen has lashed out at Opposition leader Peter Dutton over his energy plans, as Labor and the Coalition continue to trade barbs over which path Australia should take to reach net zero. Mr Dutton offered a glimpse of the Coalition's energy policy on Saturday ahead of the federal election in 2025, which involved opposing Labor’s 43 per cent emissions reduction target by 2030 but sticking to zero emissions by 2050, as reported by The Weekend Australian. Mr Dutton is reportedly poised to go against Labor by taking a different gas policy to the election, claiming the Albanese government had "no hope of achieving" its current targets. He flagged he would prioritise more gas in the short term, while nuclear would be used to achieve net zero by 2050. “We’re not going to destroy agriculture. We’re not going to ¬stifle investment. We’re already seeing investment being withdrawn. We’re not going to create sovereign risk with our export partners, as Labor is doing with Japan and Korea,” Mr Dutton said. Speaking at a media conference on Saturday, Mr Bowen was asked about the Opposition leader's remarks and said Mr Dutton has shown he is "not up to the job of being Prime Minister when it comes to energy policy". “Mr Dutton says the next election will be a referendum on energy policy – we actually agree with that,” Mr Bowen said. “But here’s the news for Mr Dutton – to have a referendum, you’ve got to have a policy." “Mr Dutton has no clue when it comes to energy policy,” he said. Mr Bowen accused the Opposition Leader of trying to leave the legally-binding Paris Agreement on climate change which was adopted by 196 parties in 2015. “Now I have a couple of questions for Mr Dutton – the Paris Accord is very clear, you can’t backslide, you can’t reduce your commitments," he said. “So is Mr Dutton proposing to leave the Paris Accord, or is he just hoping no one notices?” His comments follow the Prime Minister's speech at the Sky News/The Australian Economic Outlook on Friday where he argued the country cannot afford to waste "15 years down a rabbit hole about nuclear reactors". “Because just as we will not find our security in isolation, we will not build our prosperity by standing still. Every business leader in this room understands that the world isn’t waiting around for Australia," he said. The Coalition is expected to unveil its nuclear plans before the end of the year after initially promising to release them before the federal budget in May. Last month, the CSIRO also released a scathing report forecasting large-scale nuclear reactors would cost at least $8.6 billion each and take about 15 years to build, flying in the face of the Coalition’s nuclear approach. Anthony Albanese and Peter Dutton condemned the involvement of Green Party members in the pro-Palestinian protests. Meanwhile, Green Party leader Adam Band threatens to sue the Attorney General over his statements regarding Gaza 6/06/2024 (See translation in Arabic section) Sydney - Middle East Times Int’l: Green Party leader Adam Bandt threatened the Attorney General with legal action over statements he made that Bandt described as defamatory. Gallagher repeats her statements... Labor MP Katie Gallagher also spoke earlier about yesterday's rebuke in the Green Party House of Representatives and their reaction to the conflict between Israel and Gaza. Labor and the coalition jointly condemned the party and alleged that it incited pro-Palestinian demonstrators in demonstrations that led to politicians' voter offices being targeted. Green Party leader Adam Bandt is now threatening to sue Attorney-General Mark Dreyfus over comments he made on the ABC after yesterday's scenes in the chamber. Bandt says he considers the comments, which were not covered by parliamentary privilege, to be defamatory. Speaking ahead of Bandt's statement, Gallagher repeated the claim that the Greens were "misrepresenting the position of the Commonwealth Government". Adam Bandt threatens Mark Dreyfus with legal action Green Party leader Adam Bandt has threatened legal action against Attorney General Mark Dreyfus over comments he made yesterday about the Green Party's involvement in pro-Palestinian protests. The comments were made in an ABC interview and were not covered by parliamentary privilege. Bandt said in a statement that he believed the remarks were "defamatory of me and the Greens." He said, "I know that a number of media outlets chose to stop broadcasting and publishing his statements due to legal concerns. I welcome the restraint." “I believe the first law officer of this country should not be making completely baseless statements and spreading misinformation. No politician should do that. Chalmers repeats Green Party accusations of "disinformation". Treasurer Jim Chalmers was also asked about bipartisan comments from the Prime Minister and Leader of the Opposition during the QT yesterday. Anthony Albanese and Peter Dutton condemned the involvement of Green Party members in the pro-Palestinian protests. They accused the party of inflaming tensions over social cohesion and spreading disinformation about the war. The Green Party says the government is trying to divert attention from their continued support for Israel's invasion of Gaza. Chalmers says the government has an obligation "to try to allay the fears of people in society, not to push and stoke them." “We have a responsibility in this regard to correct misinformation, not to stir up or inflame it. “And I think that unfortunately there has been a lot of that, the Greens are guilty of that but they are not the only ones.”  Property prices increased again in May. Here's what the housing market looks like where you live - Brisbane becomes Australia's second dearest city 3/06/2024 (See translation in Arabic section) Sydney - Middle East Times Int’l: Property prices across Australia have increased for the 16th straight month, with CoreLogic data showing an 0.8 per cent increase in May. It's also the biggest monthly increase since October last year, and takes the national median dwelling value to $785,556. The figures also showed that Brisbane has become the second-most expensive capital city for property prices, overtaking Canberra. It's the first time since 1997 that the capital of the sunshine state has had the second-highest median dwelling value in Australia. But for those who are hoping for relief from high property prices will be waiting a while yet, with CoreLogic's head of research Tim Lawless noting conditions are unlikely to improve until more properties are built. Here's what property prices look like across the country. What's the most expensive city to buy in? Sydney remains the most expensive capital city with a median home price of $1.15 million — including both standalone houses and apartments — after recording 0.6 per cent growth during May. However, Brisbane has now become the second-most expensive city for housing in the country, with prices jumping by 1.4 per cent during the month, and taking the median property price to $843,231. It is the first time since 1997 that Brisbane has recorded the second-highest median dwelling value. Over in Western Australia, Perth recorded the biggest increase to property prices in May, while Hobart and Darwin were the only two cities that saw prices fall slightly. Sydney • Monthly change: 0.6 per cent increase • Median house value: $1,441,957 • Median unit value: $848,961 Unsurprisingly, Sydney remains by far the most expensive city when it comes to house and unit prices. CoreLogic noted that Sydney's property market hit a "new milestone" in May, and is now equalling record high prices set at the peak in January 2022. Dwelling values in Sydney fell by 12.4 per cent after that high, but CoreLogic said the city's market has since seen a 14.1 per cent increase "through the cycle to date". Melbourne • Monthly change: 0.1 per cent increase • Median house value: $937,289 • Median unit value: $614,299 After recording a decrease of 0.1 per cent in April, Melbourne's property prices recovered in May. The Victorian capital has the fourth-highest median property price in the country, behind Sydney, Brisbane and Canberra. Brisbane • Monthly change: 1.4 per cent increase • Median house value: $937,479 • Median unit value: $615,429 Brisbane recorded strong growth in its housing market in May to become the second-most expensive city in the country for property prices. The Queensland capital is also now home to higher house and unit values than Melbourne, and its values have increased five times faster than those in Melbourne since the onset of the COVID-19 pandemic. In fact, Brisbane values have grown by 59.2 per cent since the start of the pandemic, compared to Melbourne's growth of 11.2 per cent. Adelaide • Monthly change: 1.8 per cent increase • Median house value: $811,059 • Median unit value: $521,835 Considered a "mid-sized capital" by CoreLogic, Adelaide recorded the second-largest increase to property values in May. Dwellings in Adelaide are relatively affordable compared to the national median value of $785,556, with the median property value in the South Australian capital coming in at $757,448. Hobart • Monthly change: 0.5 per cent decrease • Median house value: $697,770 • Median unit value: $523,843 Hobart was one of only two capital cities to see its property values decline in May, with house prices and unit prices falling by 0.5 per cent and 0.6 per cent respectively. CoreLogic noted that listings across Hobart are 41 per cent higher than the five-year average, describing it as a "consequence of lower demand", and noting that home sales are 6.4 per cent below the previous five-year average. Canberra • Monthly change: 0.5 per cent increase • Median house value: $961,403 • Median unit value: $583,587 The modest increase to Canberra's property prices in May saw it become the third-highest out of the capital cities, with Brisbane outpacing its growth. In the past 12 months, property prices in Canberra have increased by 2 per cent. Darwin • Monthly change: 0.3 per cent decrease • Median house value: $584,538 • Median unit value: $363,012 Although it is the most affordable city in the country, Darwin's median property price is now slightly higher than $500,000. CoreLogic noted that Darwin is the only capital city that didn't follow the general trend of seeing a lower rate of growth for the upper quartile home values over the past year. What do property prices look like in regional Australia? Property prices in regional Australia are still considerably cheaper compared to the capital cities in the states and territories. Over the past year, regional property prices have increased by 6.8 per cent, with a median value of $626,888. In May, only regional Tasmania and regional Victoria saw a decline in dwelling values, with both dipping by 0.2 per cent. Similarly to Perth, regional Western Australia saw the largest increase to dwelling values last month, growing by 1.8 per cent. Regional South Australia and regional Queensland also saw modest growth of 1.4 per cent and 1.1 per cent respectively.  While the US and EU are putting up barriers to Chinese cars, Australians are buying them at record levels By Lachlan Bennett 31/05/2024 (See translation in Arabic section) Sydney - Middle East Times Int’l: Australia's roads have long been dominated by the auto giants of Japan, Germany and the United States but China is fast earning its spot in the garage of glory. This year, vehicles from China became the third most popular choice for new car sales in Australia, knocking South Korea — the home of Kia and Hyundai — down to fourth place, and rapidly gaining ground on manufacturing leaders Thailand and Japan. The rise of Chinese cars in Australia has been meteoric, jumping from 4,154 sales in 2014 to 193,433 last year. And it's likely to keep growing, with models from Chinese giants Guangzhou Automobile Group and Geely Auto set to roll onto Australian roads next year. But while Australians are fast falling in love with Chinese cars, some other Western nations are trying to break up. Australian car sales by country of origin(GIPHY) Is the love affair with Chinese cars on the rocks? The success of China's auto industry has been met with hostility in the US, with the White House last month quadrupling the border tax on Chinese electric vehicles (EV) from 25 per cent to 100 per cent. The tariff is an unabashed attempt to protect America's auto industry from Chinese competition, with President Joe Biden also introducing punitive measures against other Chinese imports including computer chips, batteries and steel. "They're flooding the market," Mr Biden said. "It's not competing, it's cheating." Europe, which has its own billion-dollar auto industry to consider, is also wary of Chinese success. In September, the European Commission started investigating whether it should impose its tariffs with an announcement expected in early June. President Ursula von der Leyen said global markets were being "flooded with cheaper electric cars" with prices "kept artificially low by huge state subsidies". China has hit back at the accusations, with the country's Commerce Ministry saying the US tariffs would "severely affect the atmosphere for bilateral cooperation". How did China become so successful? While the backlash against China's auto industry has been swift, its success didn't happen overnight. The Chinese government has spent decades trying to help its flagging auto industry catch up to the giants of Europe, Asia and the US, and while it failed in the era of petrochemical propulsion, it found success in the age of the electric vehicle. Marina Zhang, from the University of Technology Sydney's Australia-China Relations Institute, said while "substantial industrial policies and financial subsidies" had helped its EV industry mature, China also had several competitive advantages. "China's EV industry controls the majority of the supply chains," she said. "So they often have very short supply chains compared to other car manufacturers, which are often stretched to several different continents." China's automakers could also leverage the country's existing expertise in battery manufacturing, which further pushed down costs through vertical integration, she said. Professor Zhang said the government's history of supporting the sector had fostered strong domestic competition, with hundreds of EV startups now whittled down to the biggest and best. "Among the top 20 EV manufacturers in the world, half of them are Chinese and those 10 large ones that dominate the market came out of the competition for sales," she said. "So I wouldn't say government subsidies or government policies hand-picked those winners." "It is really the consolidation of the market and the internal competition." Why are Australians buying from China? Growing consumer awareness, cost competitiveness, technological advances and a cut in tariffs thanks to the Australia-China Free Trade Agreement are all helping to drive sales of Chinese vehicles in Australia. Much of the growth can be attributed to the rising popularity of EVs, with 72,342 of the 86,828 sold in Australia last year coming from China. A spokesperson from Australia's Federal Chamber of Automotive Industries (FCAI) said increased competition and the availability of Chinese-produced vehicles had "enhanced consumer choice, allowing Australians to purchase cars that best fit their work, recreation, and family". But the growth in Chinese sales isn't just about Chinese brands. FCAI sales data shows that of the almost 200,000 Chinese-manufactured cars sold in Australia last year, a quarter were EVs made by US company Tesla, which can produce up to 750,000 a year at its "gigafactory" in Shanghai. And what constitutes a "Chinese car" is further complicated by Chinese companies' moves to purchase Western brands. For example, Chinese firm Geely bought Volvo — a company synonymous with European style — in 2010. Is Australia also planning to introduce tariffs? The Australian government has so far not followed the lead of the US in introducing tariffs, largely because Australia no longer has an automotive industry to protect. But the international backlash has not escaped the attention of the Department of Foreign Affairs and Trade, which said it will "encourage cooperative avenues to manage these issues, in a manner consistent with international trade rules". "Australia is committed to maintaining a level playing field for our manufacturers and producers by supporting a robust multilateral rules-based trading system," a spokesperson said. When asked whether Australia would consider introducing tariffs, the department said decisions on trade policy matters were "made in Australia's national interest". The FCAI said it supported competition "including an increased presence of Chinese-produced vehicles, that will ultimately benefit Australian consumers". |