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The Latest Breaking News from Angus Taylor

Treasurer says government's energy market intervention is already working to provide household relief

Treasurer Jim Chalmers tells ABC Insiders the federal government's intervention is putting downward pressure on electricity prices, and inflation remains the economy's greatest challenge.

ABC News

Gina’s money-go-round

Gina Rinehart’s company Hancock Prospecting gave an undeclared $144,000 to the Liberal Party via a circuitous route involving the Sydney Mining Club, and it was former Coalition energy minister Angus Taylor who decided to delay telling the public about power price rises before last year’s election.

Crikey

Morning Mail: Angus Taylor’s role in energy price report, China’s ‘Spamouflage’ threat, Burt Bacharach dies

Exclusive story reveals how Coalition delayed news of hikes; thinktank says Beijing linked to online campaign to undermine democracy

The Guardian - AU

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Angus Taylor behind decision to delay energy price rise report until after 2022 election

Exclusive: Department of the Prime Minister and Cabinet has revealed Scott Morrison and Josh Frydenberg also knew of the decision

The Guardian - AU

Dominic Perrottet defends appointment of Liberal donor brother of Angus Taylor to NSW body

Exclusive: Party treasurer Charlie Taylor has attended fundraisers hosted by the minister who appointed him

The Guardian - AU

More mortgage pain to become reality

Finance Minister Katy Gallagher says it will be a tough year for hundreds of thousands of people coming off fixed mortgage rates and on to higher variable ones.

AAP

Alan Kohler: Australia’s new emissions trading scheme is a carbon tax. That’s fine

It won’t be the companies that swallow the cost of emissions reduction, it’ll be the customers who pay, writes Alan Kohler.

The New Daily

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Finally — Morrison and Taylor’s CoalKeeper is dead. Now to end the addiction to coal

Australia will have a dispatchable power capacity mechanism but no CoalKeeper, signalling the end of a toxic era of energy policy.

Crikey

Pleasing none, Albanese presents consensus position on rising power bills; gets tentative tick

Anthony Albanese has ultimately stepped in for the consumer on energy, but limited the fallout to industry.

The New Daily

Morning Mail: Children’s hospital crisis, heroes’ welcome for Socceroos, anti-protest law scramble

In today’s newsletter: documents reveal the torrid atmosphere as the NSW government pushed to pass controversial anti-protest laws that saw an activist jailed

The Guardian - AU

Central bank signals more hikes to come – as it happened

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The Guardian - AU

Stuart Robert told lobbyist not to donate to Angus Taylor fundraising group as ‘it will be declared and it will hurt you’

Private emails from 2018 show Liberal MP told Synergy 360 boss that donation would need to be declared

The Guardian - AU

Department acts to stop release of documents on probe into land-clearing by company linked to Angus Taylor

Legal action taken to block information on investigation into illegal land-clearing by Jam Land Pty Ltd after commissioner ordered its release

The Guardian - AU

Morning Mail: ‘unusual’ Jam Land meeting revealed, Liberals to defy Howard on voice, Japan shock Germany

In today’s newsletter: environment department said meeting with Angus Taylor’s company could set wrong precedent; Liberals expected to allow free vote on Indigenous voice; and Scots fail in legal bid to force independence vote

The Guardian - AU

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The Guardian - AU

Farmers’ group attended departmental meeting about grasslands clearing despite officials’ warnings

Exclusive: Environment department allowed National Farmers’ Federation to sit in on meeting about grasslands clearing by Jam Land, the company part owned by then energy minister Angus Taylor

The Guardian - AU

Nearly 90% of Australians want government to step in on energy costs, poll finds

Survey shows strong support for lowering prices by limiting exports and imposing windfall profits tax on gas companies

ABC News

Anthony Albanese defends decision for no 'cash splash' in budget

Prime Minister Anthony Albanese says a budget cash handout would have been "cheap politics and hugely expensive economics".

The Guardian - AU

Angus Taylor says government axing stage-three tax cuts ‘would be a broken promise of incredible magnitude’

Shadow treasurer describes the policy as the greatest ‘marker of values in this term of parliament’

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AAP

Remember struggling Australians: Taylor

Shadow treasurer Angus Taylor has used his first major post-budget speech to accuse Labor of failing to help Australians struggling with the cost of living.

The New Daily

Michael Pascoe: The budget without reply

Next Thursday the Sydney Liberal Party faithful are being invited to pay $880 a seat for lunch and to listen to a budget reply.

The New Daily

Opposition hits out at Labor’s ‘vanity’ budget

The shadow treasurer rejected the concept of the structural deficit at the heart of the budget and said the economy could be grown faster.

The Conversation

Politics with Michelle Grattan: Jim Chalmers, Angus Taylor and Danielle Wood on the budget

Treasurer Jim Chalmers says of his first budget: “Inflation is the dragon we need to slay”. Chalmers’ worry about inflation was reinforced by Wednesday’s release of the September quarter CPI, which showed inflation at 7.3%.

AAP

Budget breaks promise to families: Libs

The federal opposition has slammed the Albanese government's first budget for not addressing the rising cost of living in the short term.

The Guardian - AU

Albanese budget scraps ‘risky’ Coalition plan to underwrite new power generation

Exclusive: Scheme had been criticised as a ‘slush fund’ that could have cost billions and pushed up power prices

The New Daily

Paul Bongiorno: A budget to reset the big arguments

The Albanese government tells us it has taken to heart the admonition that those who fail to learn from history are doomed to repeat it.

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