Australia inquiry hears ASIO review did not revisit Bondi gunmen
Australia's royal commission into antisemitism and social cohesion has heard that ASIO's 2024 review of past terrorism cases did not extend back to the men later linked to the Bondi attack. ASIO director-general Mike Burgess told the inquiry the agency limited the review to the previous 12 months after the terrorism threat level was raised in August 2024. The hearings are now moving into three weeks of evidence focused on intelligence and police decisions before the attack, much of it expected to be held in private.Burgess was the first witness in the latest phase of the commission's work and said... [Continue Reading]
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Australia's ASIO faces scrutiny over Hanukkah risk assessment before Bondi attack
Australia's domestic intelligence agency is facing fresh scrutiny over what it knew before the Bondi Beach attack and how that information was used to plan security for Hanukkah events. A holiday threat assessment circulated to police and government agencies before the attack warned that religious festivals could be targeted, but did not single out elevated risks to Hanukkah celebrations. The issue is expected to be examined at royal commission hearings next week.The assessment was issued on 2 December, less than two weeks before the attack at Bondi Beach on 14 December, in which 15 people were killed. It said violent... [Continue Reading]
Australia intelligence funding shift before Bondi attack under scrutiny
Australia's domestic intelligence agency cut the share of its counterterrorism funding to its lowest level since the aftermath of the September 11 attacks before the Bondi attack, according to classified figures cited in material before a royal commission. The figures are said to show that the reduction happened even as the agency assessed that a terrorist attack was probable and that antisemitic violence was escalating. The issue is now set to be examined at the next block of hearings, with the agency's director-general expected to face questions about the shift in priorities.The material indicates that counterterrorism resourcing across the Australian... [Continue Reading]
UK government turmoil jolts bond investors
Britain is facing another round of turmoil in government leadership, and the immediate effect has been felt in its debt market. Investors in UK government bonds, known as gilts, are being unsettled by the latest political instability. The concern comes at a time when inflation worries are already elevated, adding to pressure on markets.The confirmed development is limited but clear: the leadership turmoil is taking place in Britain and is affecting debt investors. The supporting material says the market reaction is being driven by renewed uncertainty at the top of government. It also says investors were already on high alert... [Continue Reading]
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