Good morning and welcome to our live news blog. I’m Martin Farrer with the top overnight stories and then it will be Stephanie Convery with the main action.
Mortgage holders are set to be hundreds of dollars worse off per month than they were at the start of the year as the Reserve Bank prepares to unload a third consecutive interest rate hike on borrowers. More coming up.
Victoria’s treasurer, Jaclyn Symes, will today hand down a state budget that will deliver an operating surplus and which will forecast another next financial year. We’ll follow the budget news as it lands.
And there are four Australians among the nearly 150 people stranded off the coast of Cape Verde on a luxury cruise ship where a suspected outbreak of a rare virus has killed three people. More on that, too, in a minute.
