Australia news live: Scott Morrison addresses world leaders at Cop26; RBA considers rate rise

PM declares there is cause for optimism as he announces new funding at climate summit. Follow all the day's newsScott Morrison tells Cop26 Australia will exceed 2030 targetPM unveils $500m in international climate finance on first day of Cop26Borrowers rush to lock in low interest rates amid expectations of RBA riseVaccine rollout and rates tracker; Cases and data trackerVictoria vaccination rate map; NSW vaccination rates mapGet our free news app; get our morning email briefingScott Morrison has used his national statement at the Cop26 to emphasise that Australia will probably overachieve on its 2030 emissions reduction target in an effort to blunt international criticism about his government's lack of climate ambition.While the lead-up to the Glasgow summit was dominated by Morrison's negotiations with the National party to land a net zero commitment by 2050, the UN-led event is focused on ambition for the 2030s. Continue reading...