Huang Xiangmo: judge to reveal why she froze $140m of Chinese businessman’s assets

Anna Katzmann said Huang could only use the money to pay debt to ATO or for living or legal expenses

A judge will today reveal her reasons for slapping a $140m asset freezing order on controversial businessman and political donor Huang Xiangmo after an application by the Australian taxation office.

At an urgent hearing in Sydney on Monday, federal court judge Anna Katzmann ordered Huang not to dispose of assets worth up to the $140.9m claimed by the ATO, including more than $6m worth of property in Sydney and an apartment in Hong Kong.

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Homeless woman says Centrelink took entire $3,500 tax return for disputed robodebt

Couch surfing 50-year-old says welfare agency told her she wasn’t in financial hardship

A Melbourne woman battling homelessness says her entire $3,500 tax return was swiped by Centrelink last month, despite the fact she disputes the alleged robodebt.

But when Sue Prgic, 50, complained to the agency that the money had been taken without her knowledge, she said staff had asked to know what she would do with the cash if it were returned.

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Dick Smith says he doesn’t want $500,000 in franking credits he received

The Australian businessman says he’s ‘so horrified’ by his cash rebate amount and wants the scheme means-tested

The Australian businessman Dick Smith has called for the franking credits system to be reformed after revealing he was once handed $500,000 in cash rebates in a single year.

When Smith was told he would soon receive what he called “ridiculous money”, he complained to the tax office and requested that the agency close down his self-managed super fund.

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MyGov crashes as thousands try to submit tax returns

The outage could also have significant impact on welfare recipients, who use MyGov to contact Centrelink

As thousands of Australians try to submit their tax returns, the main online portal for federal government services has gone down.

In an outage that will also affect thousands of welfare recipients across the country, the MyGov site appeared to be unavailable on Friday morning, returning an error.

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Hecs debt repayment changes: why more people will be forced to pay off student loans

The income threshold for repaying university fees has dropped to just $45,881. Here’s what you need to know

On Monday, the Hecs (Higher Education Contribution Scheme) repayment threshold fell by more than 11%.

From now on, anybody earning over $45,881 a year will have to start repaying their student loans – effective immediately. It was the largest percentage drop in the threshold in more than 20 years and the second largest drop in the history of the scheme.

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Government pushes parliament to pass Coalition tax plan – politics live

New and old faces are back in Canberra as the 46th parliament prepares to sit for the first time. All the day’s events, live

Welcome to the first (semi) official day of the 46th parliament. The MPs are back in town, and so are we, and it will no doubt be a bumpy ride.

Today is mostly formalities - finishing to set up offices, swearing in David Hurley as the new governor general, finding where to get coffee - you know, the important things.

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Jim Chalmers ditches Labor’s pre-election pledge to conduct review into Newstart

Shadow treasurer says decision an ‘unfortunate consequence’ of Coalition’s victory

The shadow treasurer, Jim Chalmers, has ruled out reviewing Newstart in opposition, saying those hoping for a boost to the payment had Labor won the election will now “have to convince the government.”

As Labor prepares to reshape its policy agenda following its 18 May electoral defeat, Chalmers used his first speech after being promoted to the senior portfolio to outline the opposition’s economic priorities.

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Coalition unlikely to get full tax cut package passed, key crossbencher says

Centre Alliance demands gas export controls, fearing any tax cut will go into the ‘pockets of overseas energy companies’

The Centre Alliance senator Stirling Griff says it is “most unlikely” the Coalition will be able to pass its full income tax cut package in the first week of July when parliament returns, and has joined Labor’s call for the government to split the legislation.

Griff, who is one of two key crossbench senators in negotiations with the government over the $158bn tax cut package, said he was waiting for a response from Treasury and the Coalition after the party outlined its demands on energy policy.

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Anthony Albanese leaves open Labor’s stance on high-income tax cuts

Likely new Labor leader sets up battle with Coalition, calling on Scott Morrison to split tax cut package

Anthony Albanese says Scott Morrison should split the income tax cuts package when parliament resumes after the election, signalling Labor is still on the fence about whether to support tax cuts for Australians on high incomes.

After Queensland rightwinger Jim Chalmers quit the Labor leadership field on Thursday, leaving Albanese with a clear path to replace Bill Shorten as Labor leader, the high-profile New South Wales leftwinger told reporters it wasn’t sensible for the Coalition to bake in tax relief for the top end several years in advance.

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Federal election 2019: Shorten stands by security agencies after Keating comments – politics live

Labor leader says he doesn’t share former PM’s concerns that the nation’s spy chiefs are damaging our relationship with China. All the day’s events, live

Well that looks like it answers that question

Don’t expect people like Peter Dutton and Tony Abbott at the Liberal campaign launch - they are busy defending their seats says @JoshFrydenberg who is on tv with me very soon #auspol19

It’s amazing the differences an election campaign can make to people’s positions.

From ABC Adelaide, where Georgina Downer is again trying to take the seat of Mayo off Rebekha Sharkie:

Mayo Liberal candidate Georgina Downer says the minimum wage is “about right” after previously pushing for it to be abolished along with penalty rates.

In an interview with ABC Radio Adelaide this morning, Ms Downer backtracked on comments she made while working at the Institute of Public Affairs about the role of the Fair Work Commission.

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Federal election leaders’ debate: no clear winner as Bill Shorten and Scott Morrison clash

The second debate of the campaign produced more sparks than the first, with the Labor leader branding the PM ‘a classic space invader’

Scott Morrison and Bill Shorten have clashed over their tax and climate policies in the second debate of the election campaign.

In a wide-ranging discussion between the two leaders in Brisbane on Friday night, undecided voters put questions to the leaders ranging from support for veterans to climate change.

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Federal election 2019: Coalition surplus forecasts ‘heroic’, thinktank says – politics live

Analysis from Grattan Institute says government ‘probably’ on right trajectory for next year but deficit likely later. All the day’s events, live

Does Scott Morrison think he is popular in Victoria, given he has spent two days campaigning there?

There will be two choices after May 18 - there’s myself and Bill Shorten. Both of our parties have changed our rules. Not before time, but we both have. And those rules mean that whoever you elect as prime minister on May 18 - they will be your prime minister for the next three years. So if you vote for Bill Shorten, you’ll get Bill Shorten.

And if you vote for me, and the Liberal and National parties, you will get me to serve you as your prime minister for the next three years, and to pursue the stronger economy that guarantees rely on for essential services.”

On whether Sam Dastyari has any connection to Labor’s pathology announcement:

Well, this would seem to be the suggestion today - that Sam Dastyari was on Bill Shorten’s campaign bus at the last election and the suggestion now is he’s on Bill Shorten’s gravy train when it comes to this latest announcement. Let’s just see what happens there, I suppose. I mean, I have no knowledge of that. But it’s something for Bill Shorten to explain - from the campaign bus to the gravy train - that’s quite a passage for Sam Dastyari. But, you know, if anyone was gonna be able to do it, I suspect it was him.”

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Australian election 2019: Coalition’s tax attack on Labor blunted as Dutton makes gaffe on disability

The day started with Scott Morrison talking about a $387bn Labor tax slug and ended with Bill Shorten calling a Peter Dutton jibe ‘disgusting’

Scott Morrison’s ambition to make day two of the election campaign all about a $387bn Labor tax slug has been disrupted by Treasury disavowing the number and Peter Dutton accusing his Labor opponent in Dickson of using her disability “as an excuse’’ for not moving into the electorate.

Morrison hit the hustings on Friday armed with what the government said was new Treasury numbers revealing Labor’s “tax hit on the economy” would be $387bn but, later in the day, the Treasury head Phil Gaetjens confirmed officials had costed Labor measures at the government’s request but had not provided a total, making it clear the calculation was the government’s number.

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Toyota distances itself from Liberal ads falsely claiming Labor wants to tax cars

The ads use Facebook functionality to target users with an interest in particular car brands, including Toyota Hilux utes

Toyota has said that it was not consulted on a Liberal party campaign that uses targeted Facebook ads to falsely claim Bill Shorten wants to tax popular car brands including the Toyota Hilux and other utility vehicles.

“Toyota Australia were not consulted on the use of the HiLux in government materials.”

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Post-Christchurch social media laws are ‘world-first’, says Christian Porter – politics live

The Labor leader will give his party’s 2019 budget reply tonight, with bigger tax cuts for workers among the promises. All the day’s events, live

We are in the downhill slide for the final question time for the final time of the 45th parliament.

Cathy McGowan managed to bring everyone together for her farewell

Cathy McGowan and her Indi army of supporters in the entrance hall of Parliament House after she delivered her valedictory @AmyRemeikis @murpharoo @GuardianAus #PoliticsLive #auspol @Indigocathy pic.twitter.com/JFBXyn53ol

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Australia budget 2019: Fraser Anning censured as Coalition extends energy payment – politics live

The federal budget is done and the (unofficial) election campaign begins. All the day’s events, live

Penny Wong’s speech on Fraser Anning censure motion

Labor senator and Yawuru man Pat Dodson spoke powerfully about the “Killing times”, Australia’s massacre history, as part of today’s censure motion against Fraser Anning.

Our First Nations people have carried the consequence of murderous prejudice throughout our entwined history.

First Nations peoples in Australia know what it is like to be powerless in the face of hateful prejudice, fanned by the illusion of superiority; and the false courage created by a weapon in their hand and their victims are defenceless.

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Australia federal budget 2019: reaction to Josh Frydenberg’s first budget – as it happened

Australia’s treasurer says the budget is ‘back in the black’. This blog is now closed

And that is where we are going to end tonight, before we all turn into pumpkins.

But don’t worry, we’ll be back early tomorrow morning for all the fallout. Plus, you know, parliament.

Mike Bowers has been out and about:

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Labor caucus signs off on medical evacuations bill – as it happened

Labor has been holding talks all day and has agreed on three principles. All the day’s events, live

And that is where we are going to call it quits tonight.

But fear not – we’ll be back in about 12 hours. It is going to be that sort of year, me thinks.

Scott Morrison and Marise Payne will hold a press conference at 8.45 tonight to talk about Hakeem al-Araibi.


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Stand by for Liberal fightback as Labor steals march in marginals

Party will rally its base and harvest undecided voters by banging the drum on Labor’s tax measures

This weekend, I think it’s productive to take you into the world of Coalition MPs as they pack their bags anticipating the return of federal parliament next week.

The parliamentary weeks show the Morrison government at its most vulnerable because the Coalition no longer commands a majority in either chamber, but it’s not the resumption of parliament many MPs are fretting about.

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For the sake of trust in politics Tim Wilson must go – the problem is he can’t see that | Katharine Murphy

Tim Wilson, in his hurry to ‘help’, has overreached and anyone can see his position isn’t tenable

If it wasn’t already obvious, we have entered the “whatever it takes” stage of proceedings.

The Coalition wants to get back into the contest, and is on the hunt for the knockout blow, or blows. The core objective at the moment is to get the whole country roiling about Labor’s “retirement tax” (that isn’t a tax, just like the carbon tax was never a tax despite what Tony told us).

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