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The Latest Breaking News from Angus Taylor

Albanese’s real enemy is across from him, and in the press gallery above

Don’t be fooled by the positive political atmosphere of the new government. Unless Labor is prepared to be ruthless it won’t last.

Crikey

Coalition government's pre-election carbon credit shake-up created 'sovereign risk', department warned

Then-energy minister Angus Taylor blindsided the carbon market with a decision that effectively ripped up contracts worth billions of dollars. Previously secret documents reveal the government was repeatedly warned about the chaos that could occur.

ABC News

Coalition changes allowing renewable energy agency to fund fossil fuel projects to be scrapped

Climate change minister Chris Bowen says Arena will have mandate to accelerate electrification and focus on renewable technology

The Guardian - AU

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Letters: Cowboys' local recruitment key to success

Newcastle Herald readers have their say.

Newcastle Herald

Criticism of Albanese’s overseas trips is absurd, but the PM finds it’s no holiday at home either

There are good reasons for the prime minister’s travel abroad – but there are also compelling domestic problems to address

The Guardian - AU

Albanese Went The Fk In On People Comparing His Overseas Travel To Morrison’s Hawaii Vacay

He slammed the critiques as "beyond contempt".

Pedestrian.tv

Economy braced for fresh wave of hurt amid calls for 'belt tightening'

Major flooding will drive up inflationary pressures for the economy.

The Canberra Times

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Albanese to attend Pacific forum in Fiji

Anthony Albanese has dismissed criticism of his international travel as floods ravage NSW, saying he will travel to Fiji next week for a Pacific leaders forum.

Crikey

Cost-of-living crisis will get worse before it gets better: Jim Chalmers

Treasurer Jim Chalmers has conceded the cost-of-living crisis will get worse before it gets better after the RBA hiked interest rates by 50 basis points.

The New Daily

Tough racket for Albo … one ticked-off MP … flood trouble Taylor-made?

The prime minister is facing a thrashing on the court, a new MP is getting no love from Twitter, and Angus Taylor is baffled by the floods.

Crikey

Shop around, switch things off and seal the gaps: a renter’s guide to energy efficiency

For renters, who can’t make big changes such as solar installations, there are still lots of ways to reduce your energy bill and stay warm

The Guardian - AU

The Emissions Reduction Fund is a fraud. Its review needs to expose the perpetrators

A review will examine the discredited Emissions Reduction Fund. But does the government really want to take away a source of cheap carbon credits?

Crikey

The Paris-sized blind spot in the Coalition’s climate target debate

Coalition MPs consider the party’s climate target as the Albanese government locks in 43%, and Sky News’s Rowan Dean asks questions that have already been answered

The Guardian - AU

Paul Bongiorno: Peter Dutton still fighting the last election suits Labor

The unequivocal message voters sent the Coalition at the election is completely lost on new Opposition Leader Peter Dutton.

The New Daily

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The Guardian - AU

Government trying to cast ‘unusual’ secrecy over FOI relating to company part-owned by Angus Taylor

Environment department wants some closed hearings at appeals tribunal as it fights to withhold documents relating to illegal poisoning of grasslands

Crikey

Labor committed to lowering energy bills

The Labor government is standing by a pledge to cut energy bills by $275 a year, even after a week of turmoil in Australia’s energy market.

Crikey

Wage growth not fuelling inflation: Burke

Employment Minister Tony Burke does not believe wages growth is about to fuel inflation, after minimum wage earners were awarded a 5.2 per cent increase.

The Guardian - AU

Look back in anger: staff furious at sacking of archivists on ABC’s 90th birthday

Union says plan to make reporters do their own archival research will massively increase workloads. Plus: is it really a press conference if no one turns up?

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The New Daily

Ministers addressing our spiralling energy crisis have ignored the greatest opportunities

While we have two separate energy crises, an electricity price crisis and gas price crisis, they both have the same problem – our reliance on fossil fuels.

Crikey

After nine years, Australia has something like an energy policy

It appears the Angus Taylor era of propping up coal-fired power is over, and with it a concerted push towards decarbonisation and renewables.

Crikey

Bowen has to rule out CoalKeeper — and we need a windfall profits tax

The proposal floated by the last government must be buried for good. And it’s time for a windfall profits tax on gas exporters.

The Guardian - AU

If Australia taxed windfall gas profits we could invest billions in renewables and get off fossil fuels for good

The sooner we shift away from ageing coal and expensive gas, the quicker electricity prices and emissions will fall

The Guardian - AU

Treasurer warns of ‘severity and magnitude of inflation challenge’ after RBA hikes official interest rate

Jim Chalmers responds to Reserve Bank decision to lift cash rate 50 basis points as Anthony Albanese declines to comment during Indonesia trip

ABC News

Short-term fix to gas crisis is to bring coal plants online, Resources Minister Madeleine King says

New Resources Minister Madeleine King says restoring ageing coal plants that went offline due to unexpected outages would provide quick relief to the east coast gas crisis.

Crikey

Coal power stations needed ‘back online’

Operators have to get coal-fired power stations going again to help put downward pressure on soaring energy prices, Resources Minister Madeleine King says.

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