Key events
Bondi Junction stabbing copyright case ends
The copyright case brought by the fiance of Bondi Junction stabbing victim Dawn Singleton has ended with a judgment in favour of defendants, Nine, on the eve of the trial.
Nine had been accused by Singleton’s partner, Ashley Wildey, of breaching copyright by republishing the young woman’s social media photos in the wake of her murder by Joel Cauchi before he was shot dead by police last in April 2024.
The copyright case was set down for two days in the supreme court of New South Wales before both sides agreed to a judgment in favour of the defendants on Monday. No order was made as to costs. Nine’s statement reads:
“Nine welcomes the NSW supreme court judgment in favour of Nine confirming that the photos, which were widely published by multiple media outlets throughout Australia and overseas after being placed on social media, were appropriately used by Nine.”
Here’s how we reported the case:
Reserve Bank widely tipped to cut rates today
Patrick Commins
Borrowers should be in for some welcome good news today, with the Reserve Bank board widely expected to deliver an interest rate cut at 2:30pm, Sydney time.
Financial markets and economists agree that a second straight cut is essentially a done deal – though there’s always a chance that the central bank will surprise us all and hold.
If they do follow up with a 0.25 percentage-point move lower to 3.6%, it will be the third cut in the RBA’s cash rate target after moves in February and May.
Weak household spending and a bigger-than-expected drop in inflation in May both supported the case for lower rates, economists say, not to mention the looming threat of Donald Trump’s trade war.
A rate cut today would trim $76 from the monthly interest bill on a $500,000 mortgage, bringing the total benefit of this year’s cuts to nearly $230 once lenders pass them on to their customers. Of course, what’s good news for existing homeowners is more problematic for would-be homeowners, who are seeing property prices accelerating again as borrowing costs fall.
The RBA’s governor, Michele Bullock, will hold a press conference at 3:30pm where she will no doubt be asked whether we can expect further rate cuts this year.
Welcome
Good morning and welcome to our live news blog. I’m Martin Farrer with the best overnight stories before Rafqa Touma picks up the news baton.
The Reserve Bank’s monetary policy committee meets in Sydney today and it is widely expected by economists and analysts to conclude with a decision to cut interest rates by 0.25%. We have more coming up, plus the news when it happens at 2.30pm.
Australia’s leading Jewish group has stepped up its calls for a stronger government response to the alleged arson attack on a synagogue in Melbourne by calling for a national unit to combat hate crimes. More coming up.
The copyright case brought against Nine by the fiance of Bondi Junction stabbing victim Dawn Singleton over its use of a photograph in an edition of 60 Minutes ended last night with a judgment in favour of defendants on the eve of the trial. More coming up.
