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9.11pm EST
21:11
Marise Payne’s spokesperson rejects Amnesty’s ‘characterisations of Israel’
The federal government has explicitly rejected Amnesty International’s assessment that Israel is perpetrating apartheid against Palestinians.
Readers will recall that the prime minister, Scott Morrison, yesterday said “no country is perfect” in response to Amnesty’s 280-page report that concluded Israel had “perpetrated the international wrong of apartheid, as a human rights violation and a violation of public international law”.
Guardian Australia asked the foreign minister, Marise Payne, several questions including whether she agreed with the assessment that Israel is perpetrating apartheid (and if she didn’t agree, why not) and whether she would be more direct in publicly urging Israel to uphold human rights.
A spokesperson for Payne responded overnight. Here is the full statement:
We do not agree with the report’s characterisations of Israel, and we remain a firm supporter of the State of Israel.
The conflict between the Palestinians and Israel must be resolved so that peace and security can become normalised.
We are strong supporters of a two-state solution, with Israel and a future Palestinian state establishing internationally recognised borders. We have always urged all parties to refrain from actions and statements that undermine the prospects for peace.
For more, see our news report:
Updated
at 9.14pm EST
8.50pm EST
20:50
Yesterday RBA governor, Philip Lowe, was asked at his National Press Club speech whether now was a good time to switch to a fixed interest rate if you’re a borrower.
Ever cautious to avoid sending too clear a message, Lowe encouraged people to have a “buffer” to absorb any interest rate rises that might be coming as the economy gathers pace and inflation perks up further. (He has paid off his home loan, we learned).
Anyway, as if on cue, the CBA – the country’s biggest bank – raised its fixed home loan rates by as much as 0.2 percentage points.
ING, Australia’s seventh largest bank, also raised fixed and variable rates but only for new customers.
According to market tracker RateCity, the CBA’s four-year fixed rate has risen by 1.55 percentage points over the past year. Someone with a $500,000, four-year fixed loan will now be paying $411 more than someone taking out the same loan a year ago.
For such loans, the CBA now charges 3.54%, ANZ – 3.39%, with both Westpac and NAB on 3.34%.
RateCity research director, Sally Tindall, said:
While much of the heavy lifting has already been done, we expect fixed rates will keep on rising in the months to come, not just from the big four banks but across the market.
Right now, there are just 28 fixed rates [in the market] under 2% but the number is dropping rapidly. In a few months time they could be extinct.
Updated
at 8.58pm EST