AFL stars walk Brownlow medal red carpet – as it happened

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Gallagher says government ‘not going to be threatened’ by Greens on RBA reform

Host Patricia Karvelas:

The two groups you need talking to you are not going to deliver what you’ve asked, so [the RBA reforms are] essentially dead. I mean, you might be keeping them on the table, but no one’s picking up what you’ve got on the table.

Well, we remain committed to them, PK, and you know if – and I would say the more likely path is if Peter Dutton stops being stubborn and engages with us – there is a way through on this. I don’t know why they have dealt themselves out on this…

They know this is good, sensible policy, and I would urge them to reconsider their opinion, their position, because we’re not going to go around being threatened, having the finger wave by Nick McKim saying that the government should rip up the way the bank the fiscal and monetary policy systems have worked in this country very successfully without political interference on the monetary policy side for decades.

Well, I just think the Greens are out of control at the moment, full of self importance and out seeking populist approach to everything. It’s crazy what they’re saying to us.

So if that’s their ultimatum – and you know, it’s a bit unseemly, Nick McKim going around issuing ultimatums – you know, no, we won’t work with that, because that is crazy. It’s economically irresponsible, and we won’t do it.

They remain on the table. We’re pretty keen on them. So is the bank, and we certainly thought that the Reserve Bank support for these reforms would sway the Liberal Party… The treasurer has been working with the shadow treasurer closely on it, but they’ve dealt themselves out, for whatever reason…

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Coalition’s nuclear power plan is ‘economic insanity’, Jim Chalmers says on eve of major Dutton speech

‘It will cost more, it will push prices up, it will take longer,’ treasurer says of opposition leader’s ‘fantasy’

Coalition plans to build seven nuclear power plants are “economic insanity”, Jim Chalmers has said, in the lead-up to a speech by Peter Dutton that is expected to provide new details of the policy.

The federal opposition has outlined plans to build seven nuclear reactors across five states, should it win the next election, with the first to be built by 2035 to 2037 at the earliest.

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Australia news live: severe weather warnings for parts of NSW and Victoria; Tasmania flood warnings downgraded but river rises still possible

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Moving to the 2026 census, Katy Gallagher was asked about comments from some of Australia’s major health institutions who say data on gender diverse Australians will be critical to inform care.

Is that something the government will consider, given that this is the advice from a lot of major health bodies?

It is, as you say, really important and it’s no surprise that health groups are saying that because, you know, it informs future health policy and identifies gaps and responses.

But the PM has already said there will be questions. We need to work with people about what those questions are and we’ll be doing that, but I’m very positive there’ll be a good outcome here.

You can see that from this data. You can see that household consumption, particularly on discretionary spending [which has] really declined substantially. I think that shows that household budgets are smashed and contributing to that, of course, is those 13 interest rate increases.

And the bank’s got a job to do to get inflation down, but we have also got a job to do to explain what we’re seeing in the economy and what we know is happening and that is that households are under huge pressure. So I think, you know, there’s been a lot said about this this week but it really is stating the facts and [that] played out for all to see in the national accounts yesterday.

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Sex discrimination commissioner urges Labor to reverse decision excluding gender and sexuality census questions

Anna Cody worries the Albanese government’s backflip could ‘strengthen the voices of discrimination’

The sex discrimination commissioner has called on the Albanese government to put gender and sexuality questions in the census, as the treasurer, Jim Chalmers, appeared to open the door to revising the controversial decision to exclude them.

On Thursday Anna Cody wrote to the government warning backtracking on a commitment to ask about gender and sexuality “carries serious implications for the health, wellbeing and general equality of LGBTIQA+ Australians and their families”.

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Jim Chalmers calls Peter Dutton ‘most divisive leader’ in modern Australian history

Treasurer uses John Curtin Oration to accuse opposition leader of deliberately stoking culture wars and division

The treasurer has unleashed a stinging attack on the opposition leader, calling Peter Dutton “the most divisive leader of a major political party in Australia’s modern history”, as he defended the Labor government’s economic performance since coming to office.

Delivering the annual John Curtin Oration in Melbourne, which marks the anniversary of Curtin’s Labor government’s 1943 landslide election victory, Jim Chalmers accused the opposition leader of starting culture wars, dog whistling and dividing Australians “deliberately, almost pathologically”.

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Greens condemn ‘deeply flawed’ deal – as it happened

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Birmingham explains Dutton’s remarks

The Coalition’s Simon Birmingham is speaking to ABC radio RN Breakfast right now and he is asked about the prime minister’s comments about no one coming to Australia from Gaza at the moment.

Because he answered a question from a fellow journalist, so this wasn’t brought up by Peter Dutton, as is being put.

Yes, the borders in Gaza are closed at present.

Just while I’ve got you, Pete, before you go, and while it’s quiet, I do want to ask you about the security checks on Palestinians coming in from Gaza. Your thoughts on that this morning?

No one is coming out of Gaza, because in order to leave Gaza, of course, Israel, due to the nature of the situation there, was having to approve people going through the Rafah crossing in order to depart earlier on.

So they know that that’s the situation, and that’s the context of Peter Dutton then saying he wants just to pause for the moment. He wants to stop people coming in when he knows that no one is leaving Gaza, at the moment.

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Australia’s productivity riddle – and what it might mean for interest rates

Michele Bullock keeps telling us productivity is flatlining. How it changes may well determine if the Reserve Bank will tolerate wage rises beyond 3%

If the Reserve Bank’s GDP forecasts about the Australian economy are right, we should be close to a nadir with a sustainable upswing on the way – provided we can get more efficient at what we do.

Productivity growth – a concept that quickens the pulse of economists and almost nobody else – has slowed in Australia and most other developed nations for years.

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Peter Dutton deliberately stirred division with Gaza visa comments, Jim Chalmers says

Treasurer says Australia must choose ‘high road’ as fallout from opposition leader’s position on visa-holders from Gaza rumbles on

The treasurer, Jim Chalmers, has accused Peter Dutton of deliberately stirring up division on visa-holders from Gaza, as the opposition rejected an independent MP’s description of him as “racist” and called the label “disgraceful”.

In an interview for the Australian Politics podcast, Chalmers said he remains worried about community division and suggested Dutton’s comments – that all visa-holders from Gaza posed a national security risk – were not designed to improve it.

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Australian PM says ‘no place for violence in democratic process’ after Trump assassination attempt

Anthony Albanese says he is relieved to hear Donald Trump is safe after shooting at campaign rally in Pennsylvania

Anthony Albanese says he is “relieved” that former US president Donald Trump is safe after a shooting at a campaign rally in Pennsylvania, calling the incident an “inexcusable attack”.

The Australian prime minister said there was “no place for violence in the democratic process” as other politicians decried the assassination attempt four months out from the US presidential election.

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Australia politics live: Butler tells convenience stores and corner shops ‘you need to stop’ selling vapes as new laws begin

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Aly believes amended motion on recognition of Palestine was stronger than Greens motion

The Greens motion that Fatima Payman voted for, called for recognition of Palestinian statehood. Labor amended the motion to say that recognition of Palestinian statehood was part of a peace process that ended in a two-state solution.

I think actually our motion strengthened it because the I think just saying the night to recognise a Palestinian state without any context is in some ways tokenistic. I don’t want this to be tokenistic. I want this to be a very clear message to the Palestinian people that Australia supports their aspirations for statehood.

And as I say, I was hoping that that would have a resolution, would have got passed. And unfortunately, it didn’t.

There’s never one opinion here and you know, different people in the Muslim communities will have different views.

And I’ve been in contact with quite a few who have a very different view, who argue one of those things, or they’re they’re saying that, you know, the way to make change may not necessarily be the way that Fatima has chosen.

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Fatima Payman indefinitely suspended from Labor caucus – as it happened

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“I think he has the capacity,” Marles says when asked if Joe Biden has what it takes for the next four years. “I’ve got no doubt there will be no issues in relation to that.”

Marles says Biden administration doing ‘fantastic job’

We work very closely with him and we are very pleased with how we’re progressing with the United States both in terms of their position in the world, but also in terms of our equities, most significantly, of course, the Aukus arrangements that we have in place.

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Fatima Payman admits she ‘upset a few colleagues’ by crossing the floor – as it happened

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Housing minister Julie Collins is speaking to the ABC RN about Labor’s build-to-rent bill which was knocked back in the Senate yesterday, with the Greens and the Coalition combining to delay it:

What we want to do is get this done. We’ve already been consulting, we announced it in the previous budget. Any delays will actually stop the pipeline of construction and the certainty for the sector.

What we want to do is get more affordable homes and more homes of every type on the ground as quickly as we can.

We’re saying they have to have a minimum of 10% to be eligible for the tax concessions that we’re talking about for each development.

That’s what our consultations and our discussions with the sector have done and, as I said, this is not the only thing we’re doing for affordable homes … My point here is that they continually delay and block housing up every time by coming together and having this unholy alliance between the Liberals and the Greens in the Senate, because they’re more interested in votes than they are about people.

We’re not open to negotiation and we want to get this done.

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Inflation rises to 4%, stoking concern interest rates could increase again

The consumer price index increased to its highest level in 2024, indicating the Reserve Bank is unlikely to cut interest rates soon

Australia’s monthly inflation rate increased to its highest level in 2024 in the latest indication that the Reserve Bank won’t be cutting interest rates soon and might yet hike again.

Consumer prices rose 4% last month from a year earlier, the Australian Bureau of Statistics said on Wednesday. That compared with the 3.6% pace recorded for April, and the 3.8% rate expected for May by economists.

The jump in May’s inflation was propelled in part by automotive fuel prices, which were up 9.3% from a year earlier even as they retreated 5.1% during the month itself.

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Families set to pocket more than $60 a week from stage-three tax cuts

Treasury analysis shows ‘mums and dads’ will be among the biggest beneficiaries when 1 July cuts kick in, Jim Chalmers says

Australian families are set to pocket more than $60 a week when the government’s tax cuts kick in from July, according to new analysis from Treasury.

The federal budget’s cost-of-living measures will come into effect on 1 July, including the tax cuts and energy relief for all households and 1m small businesses.

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Australian banks to alert customers on interest rate moves under changes to get savers better deals

Move comes after consumer watchdog found banks were using pricing strategies that were highly complex or took advantage of the tendency to set and forget

People will be alerted each time their interest rate moves and when promotional offers expire under a suite of changes aimed at prodding bank customers to snag a better deal.

The federal government plans to act on a number of recommendations from two Australian Competition and Consumer Commission reports that found bank customers could earn and save more if not for barriers stopping them switching to better offers.

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Former ADF chief to report on Zomi Frankcom’s Gaza aid convoy death in ‘coming weeks’ – as it happened

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Wage increase should be more than inflation so workers get real pay rise: McManus

Sally McManus says workers are still coming from behind:

I won’t be too happy if it’s 3.5%. That’s smack on inflation. I think it should be more than inflation.

People should see a real wage increase.

One of the things that, you know, some people argue is … this weird wage price spiral idea which has been well and truly debunked over the last few years.

Just because one group of workers get a pay rise, like, the lowest paid … that’s not going to automatically flow on to everyone else.

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Guardian Essential poll: $300 energy rebate shouldn’t go to high-income households, voters say

Poll finds lukewarm response to Labor’s 2024 budget, with only 27% of people thinking it will make a ‘meaningful difference’ to the cost of living

A majority of voters approve of the main measures in Labor’s third budget, although three in five think the Albanese government’s $300 electricity bill rebate should have been better targeted.

Those are the results of the latest Guardian Essential poll of 1,149 voters, which found a lukewarm reaction to the budget overall, with just over a quarter (27%) saying it would make a “meaningful difference” to their cost of living.

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Budget replies reveal Coalition ‘all over the shop’, PM says, labelling Dutton’s nuclear policy ‘shocking’ – as it happened

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Crowdfunding campaign launched for Namatjira portraits

Australian presenter and comedian Dan Ilic has launched a crowdfunding campaign to have Vincent Namatjira’s latest exhibition, Australia In Colour, projected on to a billboard in Times Square.

This is an invitation to help get as many people to know about Australia In Colour as possible by putting the highlight of the show on a huge billboard in Times Square the week of the 27th May. We need to raise about $30,000 by Thursday. Any excess money raised will be donated to a charity of the artist’s choice.

Every Victorian deserves to have a roof over their head and that’s why we’re pulling every lever we can to enable 800,000 homes to be built over the next decade.

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Chalmers says Dutton’s budget reply lacks economic credibility – as it happened

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Shorten and Dutton clash over reduced migration

Earlier this morning the NDIS minister, Bill Shorten, and the opposition leader, Peter Dutton, clashed over Dutton’s promise to reduce Australia’s migration intake in his budget reply speech last night.

Well, Bill, a couple of points. One is that we say that, in the first year, 40,000 homes will be freed up. That includes the numbers who would be bidding at auctions this weekend against Australian citizens.

If the government had have adopted our policy over a five-year period, you would free up 325,000 homes. So the number of people who are foreign citizens, who are buying houses in our country is low, but nonetheless it contributes to an overall shortage of housing in our country.

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Future Made in Australia: what’s in the $23bn package meant to create a ‘renewable energy superpower’

Jim Chalmers’ budget didn’t answer all the questions about what projects will be funded but there is a lot more clarity now

The federal government has been talking up its Future Made in Australia (FMIA) policy in recent months and more detail was revealed in Tuesday night’s budget.

Here’s what we know so far.

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