Migration Crackdown: Home Affairs Minister Tony Burke announced sweeping changes to student and working holiday visas, including limits on students bringing family members and a ballot system with lower caps for second/third-year working holiday visas, alongside tougher enforcement against overstayers as net overseas migration targets are set to fall. NSW Politics & Planning: City of Sydney Lord Mayor Clover Moore hit back at NSW Planning Minister Paul Scully after he sought independent advice on whether to declare the Town Hall square redevelopment “state significant,” raising fears of delays or a block. Finance & Abuse Safeguards: The Australian Banking Association backed updated guidance tightening protections against financial abuse, including stronger checks around third parties and safeguards for vulnerable customers. ASX & Rates: Markets swung on the US Fed’s first rate rise in over three years, with ASX futures pointing to a sharp fall and the Australian dollar slipping as investors recalibrate for further tightening. Queensland Data Centre Power Debate: Nationals MP David Littleproud backed new coal-fired generation (and nuclear) to meet power needs for a proposed $32bn Anthropic-linked data centre hub. Environment: South Australia’s harmful algal bloom has been linked to nearly 1,700 reported sea dragon deaths, tracked through citizen science. Crime: Police arrested three men in Wadeye after a stolen RAAF base vehicle sparked a Greater Darwin theft spree. Health: A Cairns woman is warning others after her dog contracted melioidosis following a creek swim, as warmer conditions raise risk. Business & Trade: Parliament passed reforms moving safeguard inquiries into a specialist trade remedies commission, aiming to streamline protection against damaging import surges.