Monday, 5 August 2024

Australia news live: ASX faces more losses as RBA due to meet for key interest rates decision; Asio chief warns of volatile society

Overnight sell-off in New York and London points to more falls on ASX. Follow the day’s news live

Finally, Burgess is asked about foreign interference and espionage, where he revealed that ASIO has caught Iranians “surveilling individuals” in Australia.

Burgess said ASIO was concerned that Iran was a “country who is capable of dealing with threats to their country as they see them, including through surveillance or potentially worse.”

We did not raise the threat level in direct response to the conflict in Gaza. But of course, it has an indirect impact.

It has driven protests, it has driven division, and those protests are getting very emotional and there has been spontaneous violence. It becomes a bit of its own weather system and the wrong thing happens and it fires up the wrong things and is driving strong emotions and strong reactions and again, that’s our concern.

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from World news | The Guardian https://ift.tt/vHqQmYc

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