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The Latest Breaking News from Angus Taylor

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!”

The Conversation

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.

AAP

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

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read the most diverse news in one place.

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 Guardian - AU

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.

The Conversation

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

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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.

AAP

'No doubt' inflation is moderating: finance minister

Much is riding on quarterly inflation data out next week as Australia's slow progress by international standards has Labor defending its economic record.

AAP

Australian PM sparks backlash for mocking opponent as ‘having Tourette’s’

Anthony Albanese later apologised for his ‘insensitive’ remark

The Independent UK

Albanese apology for 'insensitive' Tourette's comment

The prime minister has made an unreserved apology after making an "unkind and hurtful" jibe in parliament at the expense of people with Tourette's syndrome

AAP

Veteran activist arrested at campaign to protect Bulga state forest – as it happened

This blog is now closed

The Guardian - AU

Anthony Albanese Cops Heat For ‘Despicable’ Comment In Parliament About Tourette’s Syndrome

A politician who has Tourette’s said the comment was “absolutely disgraceful.”

Pedestrian.tv

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The Guardian - AU

Coalition’s nuclear plan will lead to ‘massive’ electricity shortages and risk blackouts, new analysis warns

Energy minister Chris Bowen says Peter Dutton must explain what happens to national grid over next decade if opposition stops building renewables

The Guardian - AU

Why is Labor trying to reform the RBA and why is Peter Dutton opposing the changes?

The Coalition has indicated it won’t support the reforms, which it says could let Labor allies take control of interest rates

AAP

New fear unlocked: unemployment worries grip consumers

Consumers are becoming more concerned about the sluggish economy and what this could mean for jobs, with cost-of-living becoming a lower order worry.

The Guardian - AU

Labor opens door to negotiating with Greens on RBA reforms after Coalition blocks proposal

Peter Dutton’s opposition also puts up new roadblocks to potential deal on government’s aged care reforms

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The Conversation

Coalition torpedoes bipartisan deal on Reserve Bank monetary policy board

The federal opposition has torpedoed Treasurer Jim Chalmers’ attempt to get a bipartisan deal to install a specialist monetary policy board in the Reserve Bank, claiming the reform would enable the treasurer to “stack” the new board.

AAP

Rates veto power must stay: Greens issue RBA demands

The Greens want the treasurer to intervene and force the RBA to lower interest rates as it lays out its demands for support on troubled central bank reforms.

The Guardian - AU

Company linked to Angus Taylor offered ‘generous’ offset calculation after illegal land clearing, FoI letters reveal

Exclusive: Experts say legislation is ‘broken’ when it’s cheaper for landholders to break the law than it is to apply for permits

The Guardian - AU

Peter Dutton dismisses Labor’s ‘divisive’ tag as a smokescreen to divert attention from economy

Treasurer’s speech criticised opposition leader for devoting past two weeks of parliamentary sittings to condemning the issuing of visas to people from Gaza

AAP

PM lays down budget challenge on coalition cuts

After reports the coalition has identified up to $100 billion in budget savings, Anthony Albanese has urged Peter Dutton to explain where they would be made.

AAP

Door opens for long-delayed Reserve Bank reforms

The federal treasurer has shifted on key opposition demands in order to secure support for changes to modernise and strengthen the Reserve Bank.

AAP

Clean energy economy 'needs skills training rebalance'

Post-secondary education needs rebalancing to meet the economy's changing needs, warns the chief of Australia's jobs and skills agency.

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