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The Latest Breaking News from Angus Taylor

Politics with Michelle Grattan: Jim Chalmers and Angus Taylor on tax top-ups and budget bottom lines

As the election starter’s gun is about to be fired, Tuesday’s budget announced modest income tax cuts as the government’s latest cost-of-living measure. The Coalition has opposed the tax relief, with Peter Dutton’s Thursday budget reply to put forward his policy counters on the cost of living.

The Conversation

Morning Mail: Coalition won’t back tax cuts, Black Sea truce agreed, a Perth power play

Treasurer springs surprise with tax cuts and puts opposition on the defensive; Russia and Ukraine will ‘eliminate the use of force’ in area

The Guardian - AU

Battle lines drawn over tax cuts as election looms

Universal $5 a week tax cuts are being raced through parliament as debate around cost of living intensifies ahead of the federal election.

AAP

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Australia budget 2025: the seven graphs you need to see

These are pure Labor tax cuts – just what the ALP should be all about – but why are we still letting gas companies get off scot-free?

The Guardian - AU

Albanese government bids for votes with ‘top-up’ tax cuts for all

Tax cuts are the centrepiece of the Albanese government’s cost-of-living budget bid for re-election in May. The surprise tax measures mean taxpayers will receive an extra tax cut of up to A$268 from July 1 next year and up to $536 every year from July 1 2027.

The Conversation

Dutton warns party room leaks to media could cost Coalition the election

Opposition leader calls for discipline in the ranks after destabilising leaks led to critical headlines, multiple insiders say

The Guardian - AU

Consultants in firing line amid public servant stoush

The coalition wants to slash public servant numbers but Labor says the alternative is costly consultants, as both sides lavish voters with cost-of-living help.

AAP

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Public service jobs on line as poll battlelines form

The coalition has doubled down on plans to axe public service jobs if elected as the prime minister goes into bat for Australians working from home.

AAP

Coalition and Greens urge Labor to introduce powers to break up Coles and Woolworths duopoly

Parties call for intervention after ACCC report found Australian grocers among most profitable in world amid cost-of-living crisis

The Guardian - AU

Grattan on Friday: Will voters fear PM Peter Dutton would be a surprise packet?

Australian politicians on both sides of the house say protectionist policies are bad, right? That Australia, as a country, believes in and benefits from trade being as free as possible.

The Conversation

Coalition backs away from insurers break-up pledge

Peter Dutton's plan to pursue laws to break up insurance companies who rip off costumers has been knocked on the head by his shadow treasurer.

AAP

Albanese offers beer tax freeze to win back Australian voters ahead of election

Australian prime minister calls it a ‘common sense measure’ good for pubs and brewers

The Independent UK

‘Hypocrisy and shallowness’: the $110,000 ticket to Australian politicians in lead-up to election

Exclusive: Business leaders flooded with expensive invites to ‘private’ and ‘intimate’ dinners that offer access to senior politicians

The Guardian - AU

Coalition’s tax-free lunch plan could cost $250 million or $10 billion – depending on who’s doing the sums

The 1980s are remembered for many things including power suits, the Ford Falcon and the long lunch.

The Conversation

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AAP

Criticism of Treasury head for lunch costings 'rubbish'

The Treasury secretary has no case to answer for costing an opposition policy, his predecessor says, amid accusations of politicisation.

The Guardian - AU

Inflation data isn’t all sunshine and rainbows for Labor – as Biden and Democrats will attest

While a pre-election rate cut is widely seen as positive for incumbent governments, it doesn’t necessarily represent a path to victory in itself

The Conversation

Politics with Michelle Grattan: Chalmers says the budget’s better than it was; Taylor says it’s much worse than it should be

Appropriately, we finish our podcast for 2024 talking to Treasurer Jim Chalmers and his shadow, Angus Taylor because, as the saying goes, “it’s the economy, stupid!”

AAP

Productivity slump worsens Australia's deficit dilemma

Australia needs to get productivity growth back on track to pay for structural spending increases and avoid endless deficits, economists warn.

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The Guardian - AU

Jim Chalmers says Coalition’s nuclear plan represents $4tn hit to economy by 2050

Federal treasurer also reveals mid-year budget update out this week will show bigger deficits than May papers

The Guardian - AU

The Coalition claims its nuclear policy is ‘visionary’ – but it needs to stand up to scrutiny

Peter Dutton’s nuclear plan is now tied to his own credibility, and the Liberal leader is banking on not having to explain the discrepancies in detail

The Guardian - AU

Labor says Dutton won’t admit ‘mistake’ after he wouldn’t reaffirm net overseas migration cut

Opposition leader refused to confirm May promise on Sunday, and Bill Shorten accuses him of not doing his homework

The Conversation

Budget update will revise down company tax receipts but treasurer Chalmers welcomes economy’s ‘soft landing’

Next month’s federal budget update is expected to revise down company tax receipts for the first time since 2020, amid continued low economic growth in the near term.

AAP

Impact of $16 billion HECS debt cut 'kind of invisible'

A plan to reduce student debt for millions of Australians will help, but an economist says the impact will be relatively marginal.

AAP

Fears supermarket squeeze risks short-changing shoppers

Supermarkets could face fines or be broken up under an opposition plan to improve competition, but a business body says this could have unintended consequences.

AAP

Australia's inflation down, but not out

There were few surprises in the inflation read-out, with economists broadly of the view underlying price pressures should keep the cash rate on hold until 2025.

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