Exclusive: Economists say falling house prices are largely in the more expensive parts of Sydney and Melbourne’s markets and are less likely to affect first-time property owners

Fears that first-time buyers with tiny deposits will find their mortgages are worth more than their homes may be assuaged by new data showing falling prices are concentrated in the top end of the Sydney and Melbourne property markets.

Climbing inflation, interest rates and worries about the economic fallout from the Middle East conflict have helped depress housing values in the country’s two biggest cities.

Report by Labor-led joint human rights committee says cuts to the $50bn scheme could limit support for those in need

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Sweeping changes to the NDIS appear “retrogressive” and lack alignment with a landmark independent review to improve the $50bn-a-year scheme, a Labor-led committee has found.

The 57-page scrutiny report from the joint human rights committee, released on Friday, examined the proposed changes under the Albanese government ahead of a separate report due next week by a Senate inquiry. The Labor-chaired committee questioned the human rights implications of winding back access for more than 200,000 participants in the coming years, which could leave many without sufficient disability support.

Event to go ahead at an undisclosed location after Moonee Ponds restaurant cancelled at the eleventh hour

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One Nation has been forced to move a planned fundraising event to an undisclosed location in Melbourne, after the venue decided not to hold it due to planned protest activity. The event was due to be attended by One Nation leader Pauline Hanson and Barnaby Joyce.

A spokesperson for the party told Guardian Australia on Friday that it would move the fundraiser from Giorgio Casa, a bistro in Moonee Ponds, after Victorian police “did express concern about protest activity at the event”.