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    ALP

    Yesterday

    Prime Minister Anthony Albanese and Victorian Premier Jacinta Allan have ordered the party “sort it out.“.

    PM tells Vic Labor to sort out Gaza split

    Labor factional powerbrokers were ordered to an emergency meeting to make sure a split on the Palestinian-Israel issue +does not erupt at the Victorian Labor conference.

    • Updated
    • Patrick Durkin
    Greens leader Adam Bandt and Prime Minister Anthony Albanese.

    Labor slammed for offshore gas approval backdown

    A deal with the Greens means Labor is close to passing Petroleum Resources Rent Tax changes and vehicle emissions standards, but it has shelved fast-tracked gas approvals.

    • Tom McIlroy
    Susan Lloyd-Hurwitz, who chairs  the National Housing Supply and Affordability Council, says things will get worse before they get better.

    The big fail in Australia’s housing

    The Albanese government’s promises of 1.2 million homes over five years are now in the realm of political fantasy, despite the billions of dollars it has pledged for housing.

    • Jennifer Hewett

    This Month

    In contrast to those times, there is no credible fiscal framework to rebuild the economy’s fiscal buffers.

    Chalmers’ budget boast overlooks Australia’s debt mountain

    The substantial fiscal challenge from the budget is a forecast decade of deficits and highest plateau of federal government net debt for more than half a century.

    • The AFR View
    Deloitte chairman Tom Imbesi, Future Women founder Helen McCabe, Deloitte chief Adam Powick, and ex-politico Tony Smith at the National Press Club on Wednesday.

    Liontown’s Tim Goyder turns up to thank Jim Chalmers

    Heavy hitters wary of party political functions have grown fond of the National Press Club’s Great Hall lunch.

    • Myriam Robin
    Advertisement

    Wages growth slows; Miners hail budget tax credits; BHP’s new pitch

    Read everything that’s happened in the news so far today.

    The budget in five key charts

    The five key graphs to understand the government’s latest federal budget.

    • Edmund Tadros
    Jim Chalmers’ third budget confirms the government’s willingness to spend up big even while proclaiming its fiscal rectitude.

    The costs of the future still start adding up today

    Jim Chalmers is betting he can get the balance right between curbing inflation in the short term while promoting growth in the longer term.

    • Jennifer Hewett
    Gladys Noszkowski is a Surfers Paradise retiree. The extension of a freeze on the deeming rate will mean retirees like her will keep more of their income.

    How 870,000 Australians avoided budget income sting

    The figure used to estimate how much retirees’ investments are earning will remain well below where it would otherwise be, easing fears of an “income cliff”.

    • Lucy Dean
    Harriet

    From babies to Boomers: what’s in the budget for you

    The 2024 federal budget includes power bill relief, more training places and additional rent assistance.

    • Joanna Mather and Lucy Dean
    Prime Minister Anthony Albanese and Prime Minister of Papua New Guinea James Marape in December.

    Solomons, PNG win in $1b-plus Pacific play to ward off China

    The government will provide funds for telecommunication cables in the Solomon Islands, help Papua New Guinea with a $600 million bailout and upgrade embassies.

    • Andrew Tillett

    Chalmers’ latest effort basks in a green glow

    Sit back and behold Jim Chalmers’ big green Australian budget. But making forecasts is easy, and will voters buy the story?

    • Andrew Clark
    Jim Chalmers will deliver his third federal budget on May 14

    Here’s what we know is in Tuesday’s federal budget

    Treasurer Jim Chalmers will hand down the Labor government’s third federal budget this week. Here’s everything we know ahead of the announcement.

    • Updated
    • Tom McIlroy
    Federal Treasurer Jim Chalmers.

    Lure global capital with internationally competitive tax reform

    Rather than Jim Chalmers’ “new growth model”, the fair dinkum way to increase foreign investment would be to progress a genuine growth agenda.

    • The AFR View
    Treasurer Jim Chalmers will deliver the budget on Tuesday.

    The one standout success metric for the budget

    More investment is required to drive productivity. We won’t get this without cutting red tape and making the things more business-friendly.

    • Bran Black
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    Anthony Albanese got no credit from Seven West for his 20th prime ministerial visit to Perth.

    Seven makes Albo pay for Perth snub

    If you want to know the cost of inadvertently snubbing Seven in Perth, look no further than the front page of Wednesday’s The West Australian.

    • Myriam Robin and Mark Di Stefano
    Foreign Minister Penny Wong decided to be photographed with Palestinian lobbyist Nasser Mashni last October.

    Palestinians’ aggressive lobbying upset Labor but it worked

    Australia’s decision to support Palestinian UN membership follows seven months of intense, and aggressive, lobbying by a network of activists.

    • Aaron Patrick and Tom McIlroy
    James Paterson and Rod Glover.

    How Harvard’s leadership rules are helping train Australia’s MPs

    Since 2019, groups of aspiring government ministers at the state and federal level have been undertaking specialist training programs, designed to improve standards.

    • Tom McIlroy

    Labor goes to war with Meta in far-reaching inquiry

    Facebook boss Mark Zuckerberg and X owner Elon Musk could be called on to face federal parliament, as part of a new inquiry into social media algorithms.

    • Tom McIlroy
    Resources Minister Madeleine King has always argued internally that there can be no energy transition without gas as a firming fuel,

    New gas projects receive support amid Labor unease

    Resources Minister Madeleine King has backed the development of the Narrabri gas field in NSW, and the Queensland Labor government has given the green light to four new projects in the Bowen Basin.

    • Phillip Coorey