Australia news live: RBA chief up for second grilling amid rising mortgage stress, Morrison calls for China sanctions

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The former PM will launch a multi-pronged attack on western policy towards China; Philip Lowe will be quizzed by MPs amid more signs of housing market gloom

Good morning and welcome to our live coverage of the day’s news. I’m Martin Farrer, here to get things rolling before my colleague Natasha May takes over.

Former prime minister Scott Morrison is making a splash back on the world stage with a speech in Tokyo today in which he accuses western leaders of appeasing China, saying that accommodating China was the worst assumption since the infamous Munich agreement with Hitler. He is expected to urge the Albanese government to consider targeting Chinese officials with Magnitsky-style human rights sanctions (which his government didn’t do).

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