What a $5,000 ticket will and won’t get you at one of Canberra’s budget night fundraising soirees

As you decipher how the budget may alter your life on Tuesday night, your politicians will be raking in the cash by wining and dining donors and lobbyists

As you decipher how the federal budget may alter your life on Tuesday night, your politicians will be raking in the cash by wining and dining donors and lobbyists in Canberra.

This year’s budget night fundraisers – often concealed from the general public – could be something of a final hoorah. New laws capping campaign spending will soon make these budget night soirees less important, at least financially.

Tickets will have to be publicly disclosed as gifts, meaning there will be a record of those who sipped champagne with politicians and filled the party coffers. But these changes won’t apply until 2026. For now, the show goes on.

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Changes in Help to Buy housing scheme will make ‘most first home buyers’ eligible, Labor says

Minister announces increase in both income and property price caps as part of 2025 budget

Labor will increase the income and price caps for its signature Help to Buy scheme as part of next week’s budget, which it has promised will deliver cost-of-living relief.

Under the shared equity scheme, the commonwealth provides first home buyers with 30% of the purchase price of an existing home, or 40% for a new home.

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PBS-listed medicine to cost no more than $25 a script if Labor re-elected

Election pledge part of Albanese’s focus on cheaper medicines as a cost-of-living measure that will also help reduce inflation

A re-elected Labor government would reduce the price of PBS-listed medicines to no more than $25 a script, in a major new election pledge to be included in next week’s budget that builds on Anthony Albanese’s focus on cheaper medicines as a cost-of-living measure.

With the formal election campaign to start within weeks, where Labor will focus strongly on health as a key issue, Albanese will on Thursday deliver a major speech promising that four out of five medications on the Pharmaceutical Benefits Scheme would become cheaper under the plan which would cost the government $689m.

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Elon Musk’s Starlink could be used to transmit Australian election voting results

Contract comes to light after questions raised about the increasing role of Musk in Australia’s communications systems

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The Australian Electoral Commission is planning on using Elon Musk’s Starlink services as back up for transmitting voting results information in the upcoming federal election.

In a contract published late last year, the AEC appointed Telstra responsible for the agency’s fixed line and Starlink services until mid-2027, in a deal worth $1.38m. A spokesperson for the AEC confirmed Starlink could be used in the upcoming election for sensitive election data.

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Politics is Clive Palmer’s ‘golf’ – and he’ll keep pouring money into it as long as his wife will let him

Mercurial mining magnate answers questions at the National Press Club through Tim Tams, telling journalists: ‘It’s my money. If I lose it, I lose it’

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Clive Palmer faced a conundrum in Canberra on Thursday: whether to answer a question on China and Taiwan from one of the press gallery’s most esteemed journalists, or swallow the chunk of chocolate biscuit he’d just bitten into.

In the end, he did both, telling Andrew Probyn from Nine News that “once the American commitment goes, Taiwan wouldn’t be able to defend itself” through a mouthful of Tim Tam.

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Staff at the Age protest over Trumpet of Patriots gender ad as Newcastle Herald apologises for running it

Australian Community Media, publisher of the Newcastle Herald, removes ad promoting Clive Palmer’s party from digital edition, saying it does not meet the company’s values

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The Newcastle Herald has apologised for publishing a front page ad from Clive Palmer’s new Trumpet of Patriots party which says “there are only two genders”, as journalists at the Age say they are “furious” the Melbourne newspaper has apparently accepted the same ad for publication.

In the past week the Age has published Palmer’s anti-immigration and anti-welcome to country advertisements, which have also appeared in News Corp publications.

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Communities warned to prepare as weather system takes right turn – as it happened

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Why should Australia trust president Donald Trump, given how he’s treated Ukraine’s president at the Oval Office? Richard Marles said the government’s focus was on supporting Ukraine:

That’s where Australia lies. That’s the decision that we have to make. And Ukraine can absolutely rely on Australia’s ongoing support in their defence, and we will work with international partners.

We’ve obviously worked with the United States over the last three years, and we’ll continue to do that, but we’ve worked with the United Kingdom, and we’ll continue to do that as well, and with European partners, and look at the best way in which we can provide support.

We have established a timeline with [the] Ukrainian government about the delivery of those tanks to Ukraine. Now, for operational reasons, won’t go into the detail of that timeline.

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Guardian Essential poll: RBA rate cut too little too late for many as Albanese’s rating dips again

As the official start of the election campaign nears, almost one in two Australians don’t know who they will vote for or might change their mind

More than half of Australians believe last month’s cash rate cut was too little too late and a sign the Labor government’s economic plan is not working, but voters think Anthony Albanese is better placed than Peter Dutton to deliver cost-of-living relief and higher wages and safeguard Medicare.

Voters have again marked down Albanese, with his net approval rating dipping to minus eight in the latest Guardian Essential poll. But Australians believe his party would be better – or at least no worse – than the Coalition on some key issues.

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Brisbane ferries suspended ‘until further notice’ – as it happened

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As we flagged earlier, this year’s Oscars will kick off in a few hours. There are a few Australian nominations to keep an eye out for, including:

Guy Pearce, The Brutalist (best supporting actor)

Adam Elliot, Memoir of a Snail (best animated feature)

Greig Fraser, Dune: Part Two (best cinematography)

Rodney Burke, Kingdom of the Planet of the Apes (best visual effects)

Maya Gnyp, I Am Ready, Warden (best documentary short)

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Offshore wind farm developer asks Labor to delay application on Illawarra project until after election

Chris Bowen accuses Coalition of creating ‘sovereign risk’ by opposing offshore projects as Nationals celebrate ‘major win’

An offshore windfarm developer has asked the Albanese government to pause its application to progress its project off the Illawarra until after the coming federal election, after the Coalition campaigned against it.

BlueFloat Energy was the only applicant asking for a seven-year feasibility licence to further develop its project in the deep waters of the Illawarra offshore wind zone.

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ABC election guru Antony Green says it’s ‘time to retire’ as he prepares to leave on-air role

Analyst, who is about to turn 65, said the upcoming federal election would be the last he covers on air

The ABC’s election analyst, Antony Green, has just announced that the upcoming federal election will be his last on-air with the ABC.

Green said on Wednesday morning it was “time to retire”.

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Australia news live: Woodside doubles profits thanks to record production of oil; funnel-web spider shortage threatens antivenom program

Australia’s largest oil and gas producer has doubled its profits to $5.6bn. Follow today’s news live

Senate estimates will be back under way today, and AAP has flagged a little of what we can expect:

Creative Australia bosses, including the chief executive, Adrian Collette, will front an estimates hearing and it’s expected they’ll be questioned about the selection body’s shock decision to ditch the Venice Biennale team.

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Albanese’s appearance on Abbie Chatfield’s podcast was a calculated move in a tight ‘influencer election’

The real clincher in a tight election may be a few votes shifted here and there through chat about wedding plans and favourite TV shows

“I understand people have issues with Anthony Albanese and the Labor government,” podcast host and influencer Abbie Chatfield tells her hundreds of thousands of listeners at the top of a 90-minute interview with the prime minister.

One of the most popular podcasters in the country, the Sydney-based media personality and former Bachelor reality TV star is a gateway to the eardrums and Instagram feeds of young Australian women.

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Australia news live: NSW health system ‘catastrophically let down’ toddler’s family, minister admits

Two-year-old waited in emergency department for three hours before suffering a cardiac arrest and dying. Follow today’s news headlines live

Victoria to offer contactless public transport tickets from next year

Victorians will be able to use their phones, bank cards or smartwatches to pay for public transport travel from “early next year in a staged approach”, according to reports.

Following a successful start of a ticketless bus trial in Wangaratta, the Allan Labor Government will begin switching on tap-and-go technology across Victoria’s public transport network from early next year in a staged approach – meaning some passengers will soon be able to use their bank cards, phones and smart watches to travel on full fare tickets.

The new ticketing system will continue to be underpinned by extensive technical testing and will be carefully rolled out starting with rail from the beginning early next year – allowing full fare passengers more ways to pay for their travel.

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Australian public school voluntary fees surge almost 40% in two years

Greens vow to abolish public school fees and accuse major parties of shifting costs on to families struggling with cost of living

The average amount paid in voluntary fees and contributions by parents with children at public schools has surged by almost 40% in two years, new data shows.

While government schools in Australia are free, they can request parents pay voluntary contributions or donate funding towards the curriculum or extracurricular activities.

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Australia news live: embattled casino operator Star offered $650m lifeline; name of next cyclone changed from Anthony to avoid using PM’s name

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Hume rules out working with teals if Coalition wins 70-72 seats

Jane Hume was asked whether the Coalition was in a position to form any alliances with the crossbench, amid new polling from YouGov showing neither party looks to be coming out with a clear majority.

That would cause chaos, and would cause chaos politically and economically as well.

On average, the teals have voted with the Greens around 78% of the time, with Labor around 75% of the time, and with the Coalition around 18% of the time.

I think it’s really important to look at what people do rather than what people say. We’re planning on going to this election to win the election, because Australians deserve better than what they’ve had for the last three years.

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Labor announces new anti-bullying initiative for schools – as it happened

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On the upcoming election, Spender says “we need to see how this plays out” and that “it is very unclear exactly what [parliament] is going to look like in the end.”

On statements from Peter Dutton this morning that the Independents should back him in any minority government:

Yes, I’m sure that is what he thinks and it will depend on the numbers and the shape of the crossbench and what people are willing to negotiate and back at that time so I think we really need to look at it at the time.

In relation to climate, I haven’t worked with the Coalition because I don’t think they are committed to a transition in terms of the most cost-effective and frankly good for the climate transition that we have at the moment.

So my point is I take things on the basis of the arguments and on the basis of the evidence and I am very open to working with a coalition government and I’m open to working with the Labor government, but that depends on what they are actually going to put on the table.

What I want to see is good process, good parliamentary process where all of these issues are really fleshed out, where community can actually listen to the experts arguing about these laws so that we can get one answer that is going to get big money out of politics and make sure there is a level playing field.

Myself and I think others on the crossbench have approached decisions on parliament and how we vote and what we support really on the basis of what the evidence is saying. Is it in our long-term interests? What do our communities think? What are the experts think? Bringing that together, backing good ideas from all sides, working with all sides to try and get good policy through – that is how I will continue to behave whatever form the next parliament takes.

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From caviar to the caravan, Dutton is doing everything he can to distract Albanese and voters from his detail-free plans | Josh Butler

With at most 12 weeks until election day, Dutton and the Coalition have announced few proactive ideas

Caviar and a caravan.

Less than 100 days from an election, that’s what dominated probably the penultimate parliamentary week of this term – questions over finite numbers that both leaders know, but about which they’ve resisted answering questions.

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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 Reserve Bank of Australia is designed to be independent of government, but that does not mean its decisions do not have political consequences.

After Wednesday’s better-than-expected inflation reading, there is now broad consensus among economists that the RBA will cut interest rates next month.

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Peter Dutton’s boilerplate campaign video is most interesting for what it omits

The shots of sharing cuppas with constituents and laughing with his kids skates over the details of his ‘small family business’

Election season officially begins when the prime minister drives in the back of C1 to visit the governor general – but its unofficial commencement is when leaders start releasing soft-focus profile videos with their log cabin story, surrounded by family and backed by twinkling music.

For an opposition leader especially, whose contributions can often be overshadowed by the prime minister whose job they covet, the productions – often short yet packed with meaning – are a vital chance to re-introduce or repackage themselves to a public who might not know much about them.

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