Treasurer says gas review likely to result in mandatory code of conduct as energy costs soar

Government has also not ruled out using threat of export limits to guarantee more domestic supply, Jim Chalmers says

The Albanese government will toughen gas market regulation and intends to make the industry code of conduct mandatory, with the treasurer, Jim Chalmers, also not ruling out export limits or cash handouts as soaring bills put pressure on household budgets.

On Sunday, Chalmers signalled a review, announced in the budget and being conducted by the competition regulator, would likely include mandatory price regulation and a requirement for “meaningful offers” to domestic consumers.

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Coalition attacks repatriation of women and children from Syria – as it happened

A further 40 who remain in Syria are expected to be returned in two separate repatriations in coming weeks. This blog is now closed

Victorian flood risk persists with downpours ahead

Persistent rain may cause more flash flooding across Victoria over the long weekend as the state braces for possibly its coldest Melbourne Cup Day in nearly three decades, AAP reports.

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Australia news live: Noel Pearson says ‘racism will diminish’ with Indigenous recognition; energy ministers to look at gas price cap

In his Boyer lecture, Pearson said Australia’s ‘terrible ideology of the denial of recognition’ needs to end. Follow the day’s news live

Perrottet calls for greater infrastructure funding

Perrottet also used the press conference to call for greater infrastructure funding for NSW from the federal government, as he has done many times in recent weeks.

There are other states who aren’t doing the heavy lifting, and I say to them, start building as much as we are in our great state.

We should continue to get more funding from a commonwealth government. I’m always going to stand up for the people of NSW.

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Federal budget 2022 reply speech live: opposition leader Peter Dutton to respond to Labor’s October budget – latest updates

Leader of the opposition to give his reply to the treasurer Jim Chalmers’ first budget. Follow the day’s news live

The Greens senator Mehreen Faruqi will give notice of a private senator’s bill she will introduce today aiming to halt the indexation on student loans and increase the repayment threshold to above the median wage.

Faruqi says it is one way which would help ease the cost of living burden on people with student debt:

Student debt is no small problem. About three million people in Australia have the burden of student debt.

At a time when the cost of living is biting hard, governments can no longer ignore the student debt crisis and its impacts.

What we have said all the time is that we want wages to grow, and we want them to stay growing. Not to have a short-term growth and then have at the expense of potentially higher unemployment.

So that’s the first thing. The second thing is we’ve got to get an IR system that drives productivity. That’s not about working harder for less, it’s about working smarter. It’s about creating the environment where people use new technology, where they innovate, where they share ideas, where they open new markets, where they have more skilled people.

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Government to crack down on NDIS provider fraud amid warning scheme will soon cost $50bn annually

Bill Shorten says $126m earmarked in Labor’s October budget will help protect national disability insurance scheme ‘from crooks’

The federal government is creating a “fraud fusion taskforce” to try to claw back nearly $300m from national disability insurance scheme providers, amid warnings the NDIS could cost more than $50bn annually within four years.

The new body, which will replace the existing NDIS fraud taskforce, will target “fraud and serious non-compliance” with the help of law enforcement, regulatory and intelligence agencies.

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Australian budget forecasts heavy hit to economy due to floods and disasters

Estimates growth will lose about quarter of a percentage point during the current quarter, or about $5bn in economic activity, because of flooding

The increasing frequency of weather disasters will take its toll on the economy in the near term and force the government to fork out hundreds of millions of dollars to build resilience for more to come.

As Australia endures its third La Niña event in as many years, the budget estimates growth will lose about quarter of a percentage point during the current quarter, or about $5bn in economic activity, because of the flooding across the country’s south-east.

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Labor hints at more controls on energy sector – as it happened

We will be breaking into the political coverage today to keep you updated on the floods as well:

Overnight, residents of the north west NSW town of Narrabri have been ordered to evacuate due to flooding, with the SES issuing the warnings for the town’s industrial and residential areas.

The rivers are very, very full and, of course, our dams are mostly at full capacity at present. So, even the smallest rainfall can cause an elevated risk of flash flooding and riverine flooding. We will see rivers decline, but the risk is real.

We are bracing for another wet weather system into the state on the weekend.

He is a friend of Australia as the UK is a friend of Australia. We congratulate him on his elevation to the Prime Ministership. The UK, like Australia, has no shortage of challenges and no shortage of economic challenges.

So, we wish Rishi Sunak well. Some of us had the opportunity to work with him briefly when we first came to government. I was able to exchange messages with him when he was unsuccessful in the last leadership ballot. I think it says something about his commitment and his persistence, the way that he conducted himself in the interim. I don’t think it’s insignificant that a country like the United Kingdom has its first Prime Minister of colour.

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Lidia Thorpe to refer herself to privileges committee over relationship with ex-bikie

Greens senator’s move heads off hostile referral by Coalition over possible perceived conflict of interest due to former role on law enforcement committee

Greens senator Lidia Thorpe will refer herself to the Senate privileges committee for possible investigation of her previously undisclosed relationship with former bikie leader Dean Martin.

Thorpe will write to the Senate president on Monday assenting to an inquiry into the possible perceived conflict of interest arising from the relationship due to her former role on the joint law enforcement committee.

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Australia will join Biden’s global pledge to cut methane emissions by 30% by 2030, Albanese confirms

Funding of more than $3bn will support agricultural methane reduction, clean tech initiatives and the commercialisation of seaweed feed supplement

The Albanese government has confirmed it will join Joe Biden’s global pledge to cut methane emissions by 30% by 2030, as the prime minister warned climate change is increasing the frequency of Australia’s extreme weather events.

Guardian Australia revealed in June that Labor was considering signing the pledge, and the climate change minister Chris Bowen confirmed on Sunday Australia would be joining more than 100 other countries by making the commitment in the run-up to United Nations-led climate talks in Egypt next month.

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SES urges residents of several NSW areas to evacuate – as it happened

Flood waters in Victorian border towns reach record levels as residents of several NSW towns are urged to evacuate. This blog is now closed

Taylor: potential inflation decrease ‘a good thing’

Taylor is now discussing inflation and says the Coalition believes inflation will be down to 2.5% in the next financial year according to Labor’s forecasts.

I’ve got to say many of the investments I’ve seen out in regional New South Wales have added to productivity, very significant impact.

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Australia and Japan sign new security deal; flood waters peaking in northern Victoria – as it happened

Volunteers place 195,000 sandbags in and around Echuca, which could reach devastating 1993 flood levels. This blog is now closed

Australian ultrarunner on pace to break daily marathon world record

Did you know that you have the genes to be a long distance runner?

If you go back to our early genetics, basically, everyone has the genes to be a distance runner. Back 50,000 years ago, our survival depended on us being able to walk and jog long distances to be able to get food, and catch animals.

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Anthony Albanese and Japanese PM Fumio Kishida sign new agreement to boost security and energy ties

The updated security agreement aimed at sending a message to China will see Japanese troops train with their Australian counterparts

Japan and Australia will boost their security and energy ties as the prime ministers of both countries spruik the need for peace in the Indo-Pacific.

The prime minister, Anthony Albanese, and his Japanese counterpart, Fumio Kishida, met in Perth on Saturday at an annual Australia-Japan leaders’ meeting.

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Severe weather warning for NSW and Victoria – as it happened

Victoria is expecting the worst flooding from Sunday as NSW braces for more extreme weather. This blog is now closed

Plibersek is asked to explain a little bit more about the funding. Labor pledged a similar amount before the election, so is this new money?

This is additional because it’s in our first budget, so it’s delivering on the promise we made.

We agreed with that billion dollars of spending and we’re saying that’s not quite enough.

We need to spend $1.2bn over coming years and it’ll mean things like a new research centre in Gladstone, employing scientists to do really critical work on coastal ecosystems.

Well, it means that we can do important projects like stabilising riverbanks, replanting mangroves, reed beds and seagrass meadows to improve the water quality that’s coming from the land into the reef.

It means that we can work with traditional owners who are controlling crown-of-thorns starfish outbreaks.

Together we hope to these measures can start to turn around the health of the reef, it is a still a beautiful natural wonder of the world. We’ve got a little bit of a breathing space in the last couple of years. We’ve seen some of those corals come back because we’ve had cooler weather and we need to build on that to protect and restore.

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Albanese government to give $900m budget boost to Pacific countries

Funding will help tackle poverty and shore up security in the region and make Australia ‘more influential in the world’, Penny Wong says

The Albanese government will increase aid to Pacific countries by $900m as it declares next week’s budget will deliver the biggest rise in Australia’s official development assistance in more than a decade.

The foreign affairs minister, Penny Wong, will announce the extra funding during a speech in French Polynesia on Friday, arguing the budget will be “a major step toward the goal of making Australia stronger and more influential in the world”.

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Australia news live: PM calls for explanation on Lidia Thorpe’s undisclosed relationship; WA closing Covid PCR testing sites

Greens leader Adam Bandt asked senator to step down from leadership team due to error of judgment. Follow the day’s news live

SES Victoria’s Tim Wiebusch is speaking with ABC News about the Victorian floods.

In Echuca, where the Murray River is sitting at 94.4 metres above sea level, Wiebusch says:

It’s a very slow, creeping rise that’s occurring there on the Murray downstream of Barnham, through Echuca. And at this stage, the Bureau is still wait indicating that we could see a peak of around 95 metres, which means a that it will be above the October 1993 flood level. So it will really come down to a matter of centimetres as we’ve seen in a number of other locations. Significant volumes of water coming into the Murray, both from the Victorian northern rivers but also the southern rivers in New South Wales.

Nearly 200,000 sandbag have now been used in and around Echuca to try to protect properties or get it ready for protection. And then to the downstream communities from there, over the coming days and weeks.

What people can expect to see on Tuesday night is an improved budget position over the next couple of years. But after that, when the budget assumes commodity prices go back to more normal levels, and when some of these structural pressures, these spending pressures, make a big impact over the latter years of the forward estimates and into the medium term, and that is not covered by this temporary near-term increase in commodity prices.

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Australia and Japan to share intelligence on China in security deal, ambassador says

In interview with Guardian Australia, Shingo Yamagami also hints Australia is likely to be invited to G7 summit in Hiroshima

Japan and Australia will share intelligence assessments about China’s military buildup and intentions under a security deal to be signed by the two prime ministers this weekend.

Japan’s ambassador, Shingo Yamagami, also hinted that Australia was likely to be invited to the G7 summit in Hiroshima next year, saying its participation would be a “natural” step at a time of worsening tensions in the region.

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Australia news live: Victoria on flood alert; Labor announces biggest energy investment since Snowy Hydro

Communities in Victoria are on high alert with evacuation warnings in place for towns along the river. Follow the latest news

Dave Sharma, the former Liberal MP for Wentworth and former Australian ambassador to Israel, has followed Bowen on ABC Radio.

Sharma has issued the following statement criticising the government on its reversal of the recognition of West Jerusalem as the capital of Israel:

Penny Wong has failed to articulate any national interest reason for this change in policy.

In withdrawing recognition of Jerusalem as the capital of Israel, she is not only damaging a relationship with a close and trusted partner, but she is at odds with many of Israel’s Arab neighbours, such as the UAE, who are pursuing closer relations with Israel in order to promote regional peace and stability.

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Australia’s ambassador to be summoned after Jerusalem reversal – as it happened

Labor will reverse Coalition decision to recognise West Jerusalem as the capital of Israel. This blog is now closed

Health minister says ‘there has always been’ fraud in Medicare system

Karvelas asks Butler if he can speak to whether there is fraud in the Medicare system, and how widespread it is. He replies:

Well there is fraud in the Medicare system unfortunately … There are 24 cases in front of the courts right now where prosecutions are being pursued for fraud.

There is and there has always been a small number of cases of fraud and they’re pursued appropriately.

I want to come down on the side of truth obviously.

It does seem extraordinarily high. I understand the reaction from the AMA to the concept that 30% of consults are inappropriately billed – because a figure like that has never been used, in spite of the pretty longstanding compliance and audit systems governments of both political persuasions have had.

It’s way out of whack with any other figure that’s ever been provided to government, including as I said by the national audit office, that only did a review of the program a few years ago.

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ABC calls for mandate to ensure it hosts federal election debate

Bid follows national broadcaster being turned down last election by Scott Morrison to appear in leaders’ debate despite its broad reach

The ABC has called for legislation to ensure it hosts and broadcasts at least one leaders’ debate during a federal election campaign.

The public broadcaster made the case for a mandated ABC election debate in a submission to the inquiry into the 2022 federal election, which continues its public hearings in Canberra on Tuesday.

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Australia news live: thousands of homes at risk in Victoria floods; Nationals accuse budget of targeting regions

The Goulburn River at Shepparton reaches almost 12 metres and is still rising as residents fill sandbags to protect properties. Follow the day’s news live

Government needs to be securing future of regional communities in net zero transition, McKenzie says

RN Breakfast host Patricia Karvelas:

Isn’t part of the problem, though, this this deal that Barnaby Joyce and your party, extracted in exchange for supporting net zero was never really outlined in detail. It was shrouded in secrecy and confusion. Haven’t you left yourself kind of vulnerable in the lack of detail?

I think one of the things that’s becoming more and more clear and obvious around the debate about decarbonising Australia’s economy is that there are actually going to be specific communities and places that are more heavily impacted than others. It’s been one of the National party’s great arguments in the last decade because it’s true.

And so what we secured, were able to secure, was funding to ensure that those communities would be able to secure the opportunities that are purported to come with a move to net zero but also be supported to diversify their local economies and to overcome some of the challenges that are unequivocally heading their way.

The Labor party has ripped the guts out of programs at fund regional Australia and has simultaneously awarded over $2bn to Daniel Andrews’ re-election campaign here in Victoria. And voters are going to be heading to the polls within three weeks of the budget being handed down. So it’s hard not to be cynical, I guess, at what seems a blatant politicisation of infrastructure funding.

And now his own minister yesterday on your Insiders program confirmed that Infrastructure Australia hasn’t even looked at this suburban rail loop the and the only person that has is the Victorian auditor general and the report was scathing, so I think there’s huge concerns that this government has a vendetta against the regions and is using any excuse they can to rip regional funding out of the budget, and to re-profile and re-allocate it to re-elect labour premiers.

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