‘The world we know is over’ without urgent climate action, leaders tell Cop31 | Federal polit…

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‘The world we know is over’ without urgent climate action, leaders tell Cop31

Marshall Islands president warns of worsening floods as UN chief calls for a windfall tax on oil and gas firms

Failure to provide an overwhelming response to the climate crisis means “the world we know is over”, the president of the embattled Marshall Islands has warned, as dozens of leaders gathered in Turkey for the Cop31 climate summit.

Hilda Heine, one of a handful of Pacific Island leaders to make an impassioned speech at Cop31 on Wednesday, told other heads of state that overshooting the 1.5C Paris temperature target would mean waves eating away their shores and floods that destroy towns, schools and hospitals.

Federal politics live: PM holds bilateral meetings with Norwegian counterpart, Turkish president at COP31

The prime minister has met with his Norwegian counterpart and Turkish president on the sidelines of the COP31 summit in Türkiye.

Social Services Minister Tanya Plibersek says she's "confident" that over time first home buyers will be able to afford a house to live in.

The federal government's May budget unveiled changes to negative gearing and the capital gains tax discount.

Australian Bureau of Statistics (ABS) data on home loan applications show a sharp decline in the number of new investor loans.

Lending applications for owner-occupiers is 9.8 per cent lower than a year ago, and lending to first home buyers is 12.3 per cent lower than 12 months ago, according to the data.

Plastic cutlery, Santa and flat-white fury: Behind the scenes at COP31

Welcome to the annual UN climate summit, where the lanyard class gather to discuss one of the world’s most serious problems against an often unserious backdrop.

Antalya, Turkey | A man dressed as Santa – dubbed “Sustaina Claus” – greets people as they pass security. A media storm erupts over taxpayer-funded flat whites. Greta Thunberg accuses Australia and Turkey of greenwashing. Rumours swirl about the use of plastic cutlery, which is strictly forbidden.

Welcome to COP31, the annual United Nations climate summit, where tens of thousands of members of the lanyard class gather to discuss one of the world’s most serious problems – climate change – against an often deeply unserious backdrop.

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