Australia news live: Hunter Valley bus crash driver loses appeal against 32-year sentence; ASX plunges amid AI bubble worries

Meanwhile treasurer calls Australian economy an ‘island of security’. Follow today’s news liveGet our breaking news email, free app or daily news podcastSome ACT schools partially closed, with preschools also affected over asbestos warning for play sandThe list of schools closed in the ACT also includes partial closures affecting multiple classes and preschool closures.What we’ve done is been very clear and said we’re going back to an approach where the market will determine the types of technologies and the pathways. And that is the traditional Liberal approach to addressing these types of issues. And that’s how business gets certainty because it enables the market to dictate.I think people will understand that they don’t want us racing ahead of the rest of the world, costing us manufacturing jobs, costing us industry jobs and putting unrealistic and unreasonable pressure on households because of their electricity bills. Continue reading…