Thanks for following our blog today. Here's a recap of some of the day's headlines:
- Verry Elleegant is officially a champion after winning the 2021 Melbourne Cup by beating boom horse Incentivise in one of the most memorable races in recent history. The win gave Sydney’s leading jockey James McDonald his first Cup victory and marked the first time since Makybe Diva in 2005 that a mare won the coveted event.
- Fully vaccinated people in NSW will be able to have unlimited visitors to their home, hospitality venues can host more diners and nightclubs will reopen for dancing from Monday, after the state government decided to bring forward some easing of restrictions. However, unvaccinated people will be excluded from venues and non-essential retail shops until the state hits 95 per cent double-dose vaccination or December 15 (two weeks later than planned), whichever comes first.
- Reserve Bank governor Philip Lowe has ruled out an increase in mortgage interest rates next year as he attempts to get the nation’s jobs market so tight that employers have to offer sizeable pay increases just to retain workers. The RBA held rates steady today at 0.1 per cent, a record low.
- Global deforestation would be halted by the end of the decade under a plan to be endorsed by more than 100 world leaders on the second day of United Nations climate talks. Earlier, the Queen delivered an emotionally charged and highly political call to arms to world leaders on climate change, invoking her own mortality to send a warning about the need to protect future generations.
- Victorian Opposition Leader Matthew Guy has told embattled senior Liberal MP Tim Smith not to contest the 2022 election, after the Member for Kew crashed his car into a family home while driving more than two times over the legal alcohol limit.