That’s a wrap – thank you for reading the Need to Know blog today. These were some of the main stories:

• Ex-AusSuper director Jim Craig appointed to Future Fund board: The Albanese government has appointed former AustralianSuper director and Macquarie banker Jim Craig to the Future Fund board of guardians.

• Ex-Liberal MP to fight child sex charges at trial: A former NSW Liberal MP has left court to jeers of “child abuser” after being committed to stand trial over several alleged sexual assaults.

• Chalmers approves Virgin-Qatar deal on two conditions: Treasurer Jim Chalmers says Qatar Airways taking a 25 per cent stake in Virgin Australia will give Australians more options on flights and lower prices.

• RBA board had ‘lively’ debate on interest rate cut: Reserve Bank of Australia deputy governor Andrew Hauser says there was a “very lively” debate among the nine board members before they cut the cash rate by 0.25 of a percentage point this month to 4.1 per cent.

• Dutton ‘took a punt’ on shares: Opposition Leader Peter Dutton says he took a punt and did not have any insider information when he purchased bank stocks 15 years ago.

• No issues need to be resolved over China drill: Deputy Prime Minister Richard Marles says no communication issues need to be resolved after a Virgin pilot notified the Australian Defence Force of a possible live-firing drill in the Tasman Sea before it received the information through official channels.