Severe weather warnings for parts of NSW and Victoria – as it happened

People inspect damaged bathing boxes at Shire Hall beach in Mornington on Tuesday. Damaging winds are expected to hit Victoria’s Surf Coast, Wilsons Promontory and Gippsland from Thursday night. Photograph: Daniel Pockett/AAP

8.16am BST

What we learned; Thursday, 5 September

That’s it for today, thanks for reading. Here are the main stories:

• Bill Shorten announces his retirement, leading to tributes from Anthony Albanese and former PMs. He will become the University of Canberra vice-chancellor;

• The Reserve Bank governor, Michelle Bullock, warns some owner-occupiers may be forced to sell their home if they’re in “cashflow shortfall”;

• The Bureau of Meteorology has issued severe weather warnings for a large part of south-eastern Australia, saying a front that is expected to hit Victoria and NSW later tonight could bring dangerous winds;

• Kat McNamara has unseated the former NT chief minister Natasha Fyles in the electorate of Nightcliff, becoming the first Greens MP elected in territory history;

• The Victorian premier, Jacinta Allan, says former union boss John Setka’s appearances at two taxpayer-funded projects have been referred to police; and

• The Australian Electoral Commission has officially abolished the Higgins electorate in Victoria and created the Bullwinkel electorate in Western Australia.

  Thanks for reading. We will see you back here again tomorrow.

Updated at 8.32am BST

7.57am BST

The attorney general, Mark Dreyfus, also pays tribute to Shorten.

Thank you @billshortenmp for your significant contribution to the Parliament and the Labor movement. Bill's career has been one of service to the Australian people, particularly in fighting for justice for the victims of Robodebt and as an architect of the NDIS. https://t.co/aIMUI8s3FL

— Mark Dreyfus (@MarkDreyfusKCMP) September 5, 2024

Updated at 8.05am BST