πŸ‡¦πŸ‡Ί Australian Politics

July 16th, 2026

Today's top 5 stories, curated by Daily Direct.

Guardian AU

Life-changing MS drugs to stay on the PBS. So why are others under threat – and how is Trump involved?

Australia's health minister has confirmed that three critical multiple sclerosis drugs β€” Ocrevus, Kesimpta, and Lemtrada β€” will remain subsidised under the Pharmaceutical Benefits Scheme, delivering relief to patients who depend on them. The announcement follows scrutiny over the future of the PBS amid broader pressure on drug pricing arrangements, with US trade policy under Trump adding an international dimension to the debate. The decision preserves affordable access for MS patients but leaves wider questions about the scheme's sustainability unresolved.

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ABC AU

Breaking: Tsunami warning issued for NZ's South Island after magnitude-6.3 quake

A magnitude-6.3 earthquake struck 40 kilometres north of Te Anau, prompting authorities to issue a tsunami warning for parts of New Zealand's South Island. The west coast stretch from Milford Sound to Puysegur Point faces the greatest risk. Residents in affected areas are urged to move to higher ground immediately.

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ABC AU

Government keeps life-changing MS medicines on PBS amid drug pricing row

Australia's health minister has moved to keep multiple sclerosis medicines accessible on the Pharmaceutical Benefits Scheme following a pricing dispute that threatened supply. Mark Butler accepted independent advice calling for a rapid review to resolve the standoff. The decision offers relief to thousands of MS patients who depend on subsidised access to these treatments.

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ABC AU

Sydney home ownership rate hits 70-year low

Sydney's home ownership rate has fallen to its lowest point in 70 years, underscoring a affordability crisis that is reshaping how residents relate to the city. The data signals a generational shift, with more Sydneysiders locked out of the property market than at any point since the post-war era. For a city long defined by its homeowning culture, the trend carries serious implications for wealth inequality and long-term financial security.

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ABC AU

Tsunami threat for NZ's South Island after magnitude-5.9 earthquake

A magnitude-5.9 earthquake struck 40 kilometres north of Te Anau, triggering a tsunami threat for parts of New Zealand's South Island. The west coast stretch from Milford Sound to Puysegur Point is considered most at risk. Residents in the affected zone have been urged to move to higher ground as authorities assess the situation.

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