Good afternoon.
There are calls for Labor to force banks to put the brakes on landlord lending after investors accounted for two in every five home loans from July to September.
New ABS data reveals more than 57,000 investors borrowed nearly $40bn to buy homes over the three months, a 17.6% increase in the combined value of the loans on the previous three months. First home buyer numbers rose just 2.3% over the same period.
The Greens senator Barbara Pocock has urged the Australian Prudential Regulation Authority to “urgently rein in” the credit market, and encouraged Jim Chalmers to direct Apra to intervene as house prices surge.
Top news
Menulog closing in Australia, affecting thousands of delivery drivers and 120 employees
Minns says his office possibly not notified of neo-Nazi rally because it was held on the weekend
Children could face life sentences for serious offences under Victorian government ‘adult time’ plan
Asio accuses Chinese hackers of seeking access to Australia’s critical infrastructure
Russia’s high court bid over Canberra embassy fails but Australian government to pay costs
In pictures
Music photographer Barrie Wentzell shot the world’s biggest stars between 1965 and 1975. He talks us through some of his favourite moments, from David Bowie (pictured) to the Beatles, Bob Dylan and Freddie Mercury.
What they said …
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“I’ve never had a cabin fill with smoke quite like that before.” – Leah Blyth
A group of Liberal politicians including the South Australian senator were headed to Canberra today for a party room meeting on net zero emissions policy – then forced to turn back to Adelaide after smoke was detected on their Qantas flight.
Full Story
Why a neo-Nazi rally was allowed to happen
Over the weekend, a neo-Nazi rally overtly targeting Jewish people took place in front of New South Wales parliament.
Reporter Jordyn Beazley speaks to Reged Ahmad about why NSW police allowed the protest to take place and if it can be stopped from happening again.
Before bed read
Lauren Farrugia is now in her third trimester of pregnancy. She has also carried a baby she never got to meet. “Both of my babies have changed me,” she writes. “One taught me how to love without certainty. The other teaches me how to hope again.”
Daily word game
Today’s starter word is: GIRL. You have five goes to get the longest word including the starter word. Play Wordiply.
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