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The Latest Breaking News from Nick McKim

Greens drop climate trigger demand in attempt to restart Nature Positive talks with Labor

Minor party’s offer, which includes ban on native-forest logging, represents its second concession on stalled legislation in less than a week

The Guardian - AU

No change to RBA forecasts after Trump election

The re-election of Donald Trump as US president could have "adverse implications" for the Australian economy but it has not changed the RBA's view on inflation.

AAP

Supply the key to fixing housing, not taxes: Treasury

The focus of the government should be on increasing housing supply rather than cutting tax concessions for property investors, the Treasury chief says.

AAP

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Jim Chalmers travels to China to ‘smooth out’ trade issues

The treasurer is travelling to Beijing to try and get rid of lingering trade tensions from the Morrison era, and Anthony Albanese claims he didn’t ask Treasury to investigate potential changes to negative gearing.

Crikey

People who don’t want Labor to control RBA have ‘neoliberal brain worms’: Greens senator

Greens Treasury spokesman Nick McKim doubles down on his proposal that Labor override the RBA on interest rates.

Crikey

View from The Hill: The Greens’ demands on the RBA make for bad economic policy. Is it also crazy politics?

When the Greens tell Labor they’re ready to negotiate, what they usually mean is they’re preparing to make populist demands that can’t or shouldn’t be met.

The Conversation

Greens may bristle at comparison but their RBA interest rate cut ultimatum is Trumpist

No government institution is entirely at arm’s length, but an intervention by Jim Chalmers would likely be calamitous

The Guardian - AU

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Labor, expert lash 'crazy' call to step in over rates

Calls for Canberra to intervene with the Reserve Bank to lower interest rates to get financial reforms over the line have been rejected by Labor.

AAP

AFL stars walk Brownlow medal red carpet – as it happened

This blog is now closed

The Guardian - AU

War of words over inflation as national debt dives

Australia lags behind western nations in tackling inflation, the shadow treasurer says, as the Reserve Bank mulls whether to lower interest rates.

AAP

On interest rates, once again Labor is in a half-negotiation, half-cage fight with the Greens

Australia’s curious mix of moderating inflation, weak growth but strong employment means we should prepare for more differences of opinion

The Guardian - AU

Rod Sims says ‘worth considering’ whether realestate.com.au engaged in anti-competitive practices as Greens blast ‘rigged’ system

Greens say the price hikes arising from REA Group’s dominance underscore need for new price-gouging laws

The Guardian - AU

Why is Labor trying to reform the RBA and why is Peter Dutton opposing the changes?

The Coalition has indicated it won’t support the reforms, which it says could let Labor allies take control of interest rates

The Guardian - AU

Labor's future made plan could already be history

The federal government's $22 billion Future Made in Australia plan is 'flawed' and a way to entrench unions in manufacturing, the coalition says.

AAP

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Pedestrian.tv

Coles & Woolworths Won’t Be Forced To Break Up Their Pricey Love Affair As Senate Bill Fails

Supermarket duopoly Coles and Woolworths won't be forced to break up as the relevant Senate bill has failed.

The Guardian - AU

Jim Chalmers delivers 2024 budget speech – as it happened

This blog is now closed.

The Guardian - AU

Supermarkets inquiry: forcibly break up major retailers in cases of anti-competitive behaviour, report says

Senate committee examined how major chains including Coles and Woolworths have set prices during Australia’s cost of living crisis

Crikey

Seven to investigate Bondi blunder

Seven is investigating its misnaming of the Bondi Junction killer, the latest Newspoll results, and Brittany Higgins’ apology isn’t enough for Linda Reynolds.

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Crikey

CEOs can cry slim margins but the supermarket probe reveals gaping problems in our duopoly

What is an acceptable profit on the products people need to survive?

The Guardian - AU

Museum loses anti-discrimination case – as it happened

This blog is now closed.

AAP

Product price hike fears over supermarket smash-up laws

An unlikely political alliance is stirring to push new laws that punish supermarkets for price gouging but the business lobby is warning of unintended outcomes.

The Guardian - AU

Secret Serco rating system for immigration detainees must be scrapped, say Greens

Senator Nick McKim says company’s ‘opaque’ SRAT security assessment tool ‘has severe implications for fundamental human rights’

The Guardian - AU

Australia’s high court to hear two appeals over legality of re-detaining more than 100 non-citizens

Greens senator Nick McKim says decision to hear both cases is welcome as legislation passed in February 2023 is ‘clearly punitive’

AAP

Former governors want power to overrule RBA to stay

Resistance is building to the federal government's plan to scrap a never used power to intervene in Reserve Bank decision making.

The Guardian - AU

Peter Dutton backs release of Iraq war papers after Morrison government failure

Department claims key documents outlining reasoning behind joining US-led invasion were not included in an ‘apparent administrative oversight’

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