Your noon Briefing: Climate change ‘biggest security threat’
Welcome to your noon digest of what’s been making news and what to watch for.
Hello readers. Here is your noon roundup of today’s top stories.
Climate change ‘biggest threat to region’
Australia will be expected to contribute to a new $US1.5 billion Pacific Resilience Facility to help island nations adapt to the impacts of rising sea levels and more frequent natural disasters, after acknowledging climate change as the region’s biggest security threat.
The final communique agreed by Pacific Islands Forum nations in Nauru last night called on all countries to implement their promised Paris agreement carbon emissions cuts.
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Borrowers more honest with banks
The royal commission has sparked a clean up of lending standards across the $1.7 trillion mortgage system, doing in just a few months what financial watchdogs have for years been attempting to achieve. Borrowers are now being more honest with their bank and lenders are taking longer to approve loans, according to a new survey of the mortgage market by investment bank UBS.
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Trump calls treason
Donald Trump has labelled as “treason” an opinion piece written by an unnamed official in his administration who claims to be part of an internal “resistance” movement to thwart the president. The New York Times published the unprecedented piece today which it said was written by a senior administration official who couldn’t be named or else he would lose his job.
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Paltrow in pickle over eggs
The small jade eggs were introduced to customers of Gwyneth Paltrow’s lifestyle company as a “strictly guarded” secret of antiquity, apparently used by Chinese queens and concubines to stay in shape for emperors. Inserted in the vagina, they would enable women to exercise their pelvic floor muscles at home, at work, or even while asleep. They were said to balance hormones.
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Clinical Djoker brings cool change
Millmania is ebbing as Novak Djokovic is handing the giant-killing Aussie journeyman a tennis lesson in the first set of their US Open men’s singles quarter-final. Keep up with all the action from Flushing Meadow in our live US Open blog.
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Comment of the day
“The best time of our lives was the 15 years we worked in Hong Kong. Very simple tax system. 17pc and deductions only for a spouse, children and parents who you supported. Family looked after family. There was a real sense of looking after yourself and family and the fruits of your effort were not confiscated.”
Christopher, in response to ‘Top earners paying the benefits bill’.