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Australia news live: thousands more evacuated in Sydney floods; RBA interest rate decision due

Federal disaster payments available to 23 flood-affected areas in NSW; Linda Reynolds says Liberal Party has lost the votes of women; more rain forecast across Sydney and Newcastle region as crisis continues; RBA interest rate decision due. Follow the day’s news live * Efforts to move cargo ship stranded off Sydney suspended after tow lines snap in wild weather * Sydney braces for two more days of flooding as NSW smashed by rain and wind * Homeowners warned to expect at least two further rate hikes as repayments soar * Get our free news app, morning email briefing and daily news podcast The federal government is making disaster relief payments available to 23 flood-affected areas in NSW, with emergency management minister Murray Watt saying the assistance would be “uncapped”. Watt announced early on Tuesday that the federal and NSW governments were making assistance available through the commonwealth-state disaster recovery funding arrangements. These are uncapped payments, they are demand-driven and they will be available for anyone who qualifies. Continue reading...

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