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Australia news May 27 and 28

Top Australian News Highlights (May 27–28, 2025)

Australia news between May 27 and 28 has been marked by significant political, economic, and cultural developments. The Liberal and National parties reconciled their brief split, unveiling a new shadow ministry that notably lacks a dedicated climate portfolio. Environment Minister Murray Watt approved the controversial extension of Woodside Energy’s North West Shelf gas project until 2070, sparking backlash from environmental groups and UNESCO due to potential threats to ancient Murujuga rock art. Inflation remained steady at 2.4%, with a notable 20% surge in egg prices over the past year. Additionally, over 9,000 individuals remain isolated following severe floods in New South Wales. In cultural news, Princess Ingrid Alexandra of Norway announced plans to study at the University of Sydney in Semester 2, and the Yirramboi Festival celebrated Indigenous arts in Melbourne.


🇦🇺 Australia’s Top News: May 27–28, 2025

1. Coalition Reunites, Unveils New Shadow Ministry

After a week-long split, the Liberal and National parties have reconciled, unveiling a new shadow ministry. Notably, the lineup lacks a dedicated climate portfolio, drawing criticism from environmental groups. Former deputy leaders Barnaby Joyce and Michael McCormack have been relegated to the backbench. The Coalition aims to present a united front in the wake of their recent electoral defeat. The Guardian

2. Woodside’s Gas Project Extension Sparks Controversy

Environment Minister Murray Watt approved the extension of Woodside Energy’s North West Shelf gas project until 2070. The decision has drawn backlash from environmentalists and UNESCO due to potential threats to ancient Murujuga rock art and increased greenhouse gas emissions. Critics argue the move undermines global climate goals and cultural heritage preservation. The Guardian

3. Inflation Steady at 2.4%; Egg Prices Surge

Australia’s annual inflation rate remained steady at 2.4% in April, aligning with the Reserve Bank’s target range. However, consumers are feeling the pinch with egg prices soaring nearly 20% over the past year. The data suggests ongoing cost-of-living pressures despite overall inflation stability. Bloomberg.com

4. Calls for Sanctions on Israel Intensify

Labor MP Ed Husic has urged the Australian government to consider sanctions on Israel over its actions in Gaza. This comes as the UK, France, and Canada threaten similar measures. Prime Minister Anthony Albanese emphasized Australia’s independent foreign policy, stating, “we follow our own path.” The Guardian

5. New South Wales Floods Leave Thousands Isolated

Severe flooding in New South Wales has left over 9,000 people isolated, with thousands of insurance claims filed. The floods, described as a 1-in-500-year event, have caused significant damage across the Mid North Coast and Hunter Valley regions. Recovery efforts are ongoing as communities grapple with the aftermath. The Guardian

6. Superannuation Tax Changes Spark Debate

The government’s proposal to tax superannuation balances over $3 million at 30% has sparked controversy. Former Treasury official Paul Tilley dismissed the backlash as “confected outrage,” noting that the changes aim to address equity issues within the super system. The policy is expected to affect only 0.5% of Australians.  The Guardian

7. Princess Ingrid Alexandra to Study at University of Sydney

The Norwegian royal family announced that Princess Ingrid Alexandra will attend the University of Sydney in Semester 2. The princess’s decision to study in Australia has garnered significant media attention and is seen as a boost to the university’s international profile. Honi Soit

8. Yirramboi Festival Celebrates Indigenous Arts

Melbourne’s biennial Yirramboi Festival concluded on May 27, showcasing Indigenous arts and culture. The event featured performances, exhibitions, and workshops, highlighting the richness and diversity of First Nations communities. Organizers hailed the festival as a resounding success in promoting cultural understanding and reconciliation. Wikipedia

9. National Reconciliation Week Begins

National Reconciliation Week commenced on May 27, marking the anniversaries of the 1967 referendum and the 1992 Mabo decision. The week aims to foster understanding and respect between Indigenous and non-Indigenous Australians through various events and initiatives. This year’s theme is “Bridging Now to Next,” emphasizing the ongoing journey towards reconciliation.

10. Santos CEO Criticizes Victoria’s Energy Policies

Santos CEO Kevin Gallagher likened Victoria to “North Korea” due to its restrictive stance on fossil fuel development. He warned that the state’s policies could lead to energy shortages and economic challenges. The comments have intensified the debate over balancing environmental concerns with energy needs..

11. ASX Closes Higher Amid Inflation Data Anticipation

The ASX200 index closed higher on May 27, buoyed by investor optimism ahead of the release of inflation data. Market participants are closely watching economic indicators to gauge the Reserve Bank’s next moves on interest rates. The positive close reflects confidence in the market’s resilience amid global uncertainties. Bloomberg.com

12. National Youth Oratory Competition Highlights Climate Issues

The National Youth Oratory Competition concluded successfully, with participants delivering speeches on climate change and its global impacts. The event aimed to empower young Australians to engage in environmental discourse and advocate for sustainable solutions. Organizers praised the high level of insight and passion demonstrated by the competitors. kendranewsaustralia.com.au

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