Key posts6.15pmWhat we covered today3.27pmTassie cheesemaker King Island Dairy to be shut down2.57pmUnion votes to walk away from ACTU2.14pmRBA governor reacts to Dutton’s claim she is ‘at war’ with Chalmers1.48pmWatch: Penny Wong and Richard Marles host Japanese counterparts1.05pmWatch: RBA governor Michele Bullock delivers address11.42amPM says Shorten’s February departure is unrelated to election date11.36amWatch: Opposition leader addresses the mediaHide key postsPosts areaLatest postsLatest postsFinance Minister Katy Gallagher has dismissed Coalition attacks that the government spending has been a “bandaid on a bullet hole” as economic growth remains sluggish.Figures released yesterday by the Australian Bureau of Statistics showed theeconomy grew by just 0.2 per centin the June quarter, taking annual growth down to 1 per cent last financial year.Finance Minister Katy Gallagher.Credit:Alex EllinghausenIt was the weakest performance by the economy, outside of COVID, since the 1991 recession.Speaking to ABC, Gallagher said she was focused on making the right decisions for the right time when it comes to managing the economy.Loading“I don’t take economic advice from the opposition, obviously, they’re there to make a political point,” Gallagher said.“We made some decisions about cost-of-living support. We knew this quarter would be difficult and the government has a role to play.“We have a lot of things going for us as well … inflation has halved, we got some of the cost-of-living relief rolling out, we created a million jobs as well and those are really important things.”Star Entertainment Group has told the market it’s reviewing its liquidity position after days of silence following its suspension from trading for not posting its financial results.The Star was supposed to lodge its financial accounts for the 12 months to June 30 last weekbut did not do so. It said at the time it was because it had received a copy of the second Bell inquiry report into its culture and it was still assessing its financial outlook. The ASX then moved to suspend the group from trading for breaching reporting obligations.The Queen’s Wharf precinct and Star Casino are seen along side the Neville Bonner Bridge, in Brisbane.Credit:AAPIMAGEThe headlines have been dominated by reports The Star has pleaded with banks, governments and investors to help it with its financial troubles which came to a head after costs associated with its new casino precinct in Brisbane exploded.The Star told the ASX late on Wednesday it had engaged “various advisers…in relation to its liquidity position in light of adverse trading and other conditions”.Loading“The Company confirms that the advice being provided has extended, from time to time, to considering the application of provisions of the Corporations Act 2001 (Cth) (including the safe harbour provisions).“Safe Harbour provisions are enacted to protect a company’s board from being personally liable for debts in the event it cannot stay solvent.It’s often used when groups are considering a last-ditch restructure.Companies would be forced to make a human oversee artificial intelligence systems and tell people when they are being affected by AI under likely new legislation to regulate the high-risk technology.LoadingAs global regulators weigh laws to curbrevolutionary applications of the new technology, the government is beginning a month-long consultation to decide whether to create an AI-specific act. Another option is introducing changes to existing regulations or laws.Industry and Science Minister Ed Husic said less than a third of businesses were using AI responsibly, requiring voluntary “guardrails” that begin on Thursday. They include having human control over systems, plans to reduce risks, and allowing people affected by AI – for example, a person denied an insurance policy – to challenge them.Read more about the new voluntary code, and the potential for an AI act, here.AdvertisementGood morning and welcome to today’s national news live blog. My name is Josefine Ganko, I’ll be leading our coverage through the morning.It’s Thursday, September 5.Here are this morning’s top headlines.The latest economic data paints a portrait of a country creaking under cost-of-living pressures and high interest rates.Here’s what you need to knowabout the national accounts figures.Companies would be forced to make a human overseeartificial intelligencesystems under likely new legislation to regulate the high-risk technology.Regional communities will be showered with gifts for hosting nuclear reactorsunder Opposition Leader Peter Dutton’s energy policy.A shooter at aGeorgia high school killed four peopleon Wednesday, sending students scrambling for shelter in their classroomsLoadingBack totop