Dozens of alternative events will be held on the first Melbourne Cup day since explosive reports on systematic abuse and culling of racehorses at abattoirs. According to The Coalition for the Protection of Racehorses, at least 26 events have been organised across the country including champagne lunches, “cruelty free” fashion shows, and an inflatable T-Rex race. On Monday hundreds of protesters chanted slogans at the Melbourne Cup parade including “animal abusers total losers” and “say nup to the cup”. The Age reports that Melbourne Cup jockeys will be warned that a repeat of the previous year's mass whip breaches won't be tolerated, with stewards threatening record fines and suspensions. All eyes will be on gambling revenues from the race, with betting on races in the lead up on the decline from last season. The event is still attracting significant positive attention in the media, from cup tips to fashion guides. The billionaire Dubai emir Sheikh Mohammed bin Rashid Al Maktoum is hoping to win a second Melbourne Cup in a row with defending champion Cross Counter.
Anti-Market Forces: Attorney-General Christian Porter has singled out activist organisation Market Forces as the federal government considers how to stop secondary boycotts of mining companies, reports The Conversation. Porter said he was looking at options across portfolios to target groups such as Market Forces, which has lobbied against the Adani Carmichael coal mine. He is also considering regulatory action against class action litigation funders as well as “lawfare” which was “designed to delay, frustrate and cause unnecessary expense to mining and other legitimate commercial projects and businesses”. Market Forces chief executive Julien Vincent said that when the federal government saw something it did not like “its response is to get it shut down”. Not all resources companies are on board with the idea.
Asia trade deal: Australia is among 15 Asia-Pacific nations to agree to terms on the world's largest trade deal, covering about 29 per cent of global economic production. The Regional Comprehensive Economic Partnership also includes the 10 South-East Asian members of the ASEAN alliance, Japan, China, South Korea, and New Zealand. India declined to join due to concerns about Chinese imports and a loss of protections for the services sector, but the door has been left open for it to sign on in the future. The deal is expected to be signed in 2020.
Apartment defects cost: A CFMEU report to be released today will estimate the national cost of apartment defects such as flammable cladding to be more than $6 billion. The report, based on modelling by Equity Economics, urges that federal infrastructure funding be used as leverage over state governments to ensure better compliance. The news comes as The Sydney Morning Herald reports that the details of hundreds of buildings in New South Wales clad in potentially flammable material will not be made public, after the state government deemed the list too dangerous for release.