Chalmers weighs in on One Nation WA byelection win
Achol Arok
Jim Chalmers says he has reflected on the key takeaways after One Nation candidate Luke Herdegen secured 57% of the vote after preferences at the Secret Harbour byelection.
Speaking on ABC’s 7.30, Chalmers said he acknowledged that concerns about inflation, the cost of living and real wages were on voters’ minds before the poll.
double quotation markI have thought very deeply about the legitimate concerns and anxieties and frustrations that people have. About how the economy works, or doesn’t work for people. That’s the thing I’m most focused on. It’s the whole reason for our efforts to get inflation down, to make the economy more productive.
Chalmers added he believes the “faultline in our politics” is now changing.
double quotation markIt’s not necessarily between the centre left and the far right, it’s not necessarily the old distinctions. The distinction in our politics right now is a Labor government working to address the very real concerns that people have, versus the Liberals and Nationals and One Nation who just want to prey on that, and pick on that.
Updated at 16.55 EDT
Australia pledges $3m additional aid
Australia will deploy a team of specialist drone operators to help the search and rescue effort in the deadly Nepal-Tibet floods.
Operators, including those from Fire and Rescue New South Wales and the Queensland fire department, will head to the disaster-struck region in the coming days.
It comes as the Albanese government has announced a further $3m in aid, bringing its total figure pledged to $11m.
The number of Australians unaccounted for remains at 38.
It comes as a RAAF plane arrived yesterday with humanitaian aid.
As of Thursday, Nepal’s National Disaster Risk Reduction and Management Agency reported 1,204 confirmed deaths and 4,216 missing persons (including 583 foreigners).
Updated at 17.06 EDT
$2m for Indigenous racism register
An online register of racism and discrimination against First Nations people is receiving up to $2m in Commonwealth funding to help inform anti-racism action, AAP reports.
The federal government has announced the funding before the final report by a parliamentary inquiry into racism, hate and violence directed at Aboriginal and Torres Strait Islander people.
The minister for Indigenous Australians, Malarndirri McCarthy, said the parliamentary inquiry had heard confronting stories from Indigenous people about the hurt and harm they had experienced.
double quotation markWhile we await the committee’s final report, we are not waiting to act.
This investment will strengthen the important work of Call It Out and support efforts to collate rigorous data.
Callitout.com.au is a culturally safe, trauma-informed website that collects data for analysis by the Jumbunna Institute to help raise awareness and drive systematic change.
Updated at 16.58 EDT
Chalmers weighs in on One Nation WA byelection win
Achol Arok
Jim Chalmers says he has reflected on the key takeaways after One Nation candidate Luke Herdegen secured 57% of the vote after preferences at the Secret Harbour byelection.
Speaking on ABC’s 7.30, Chalmers said he acknowledged that concerns about inflation, the cost of living and real wages were on voters’ minds before the poll.
double quotation markI have thought very deeply about the legitimate concerns and anxieties and frustrations that people have. About how the economy works, or doesn’t work for people. That’s the thing I’m most focused on. It’s the whole reason for our efforts to get inflation down, to make the economy more productive.
Chalmers added he believes the “faultline in our politics” is now changing.
double quotation markIt’s not necessarily between the centre left and the far right, it’s not necessarily the old distinctions. The distinction in our politics right now is a Labor government working to address the very real concerns that people have, versus the Liberals and Nationals and One Nation who just want to prey on that, and pick on that.
Updated at 16.55 EDT
Chalmers defends house prices forecast
Achol Arok
Jim Chalmers has defended Treasury’s forecast on the impact of the government’s recent tax changes on housing, after the Commonwealth Bank predicted prices could fall by almost 10% across capital cities.
Treasury modelling said the changes would reduce house price growth by just 2% over the next couple of years.
Speaking on ABC’s 7.30, the treasurer said the new data did not fairly challenge the government’s forecast.
double quotation markThat Commonwealth Bank forecast that you reference in your question has house prices recovering next year, and so it’s a really important reminder that we need to compare ‘like with like’.
The assumptions in the budget are over the next couple of years, not the first couple of months since the budget … and the Commonwealth Bank says they expect house price growth as soon as next year.
Chalmers pointed to several factors unrelated to the recent tax changes that he said would contribute to the dip in prices.
double quotation markThere is softness in the housing market, prices have come off a bit, auction clearance rates have come off a bit, but that was beginning before the budget, and that’s because, as a number of experts have pointed out, one of the big influences is interest rates.
We have very substantial advantages in the face of some serious economic challenges. Productivity is one of them. Inflation is another. Extreme global volatility, turbocharged by a war on the other side of the world.
Updated at 16.54 EDT
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Good morning and welcome to our live news blog. I’m Martin Farrer with the top overnight stories and then it will be Nick Visser with the main action.
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