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The Latest Breaking News from Jim Chalmers

Labor defends $7.4bn increase in deficit to fund election promises

Jim Chalmers says investments in childcare and cleaner energy are necessary and further budget savings could later be identified

The Guardian - AU

Labor election commitments add $7.4 billion to the deficit, but ALP pledges it's quality spending

Labor's election commitments would cost the budget bottom line an extra $7.4 billion, the opposition has confirmed in its pre-election costings.

ABC News

Plibersek says Albanese has a ‘tough job’ as polls tighten – as it happened

Follow all the day’s developments live

The Guardian - AU

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Government claims of 7% real wage rise since in office disputed – as it happened

This blog is now closed

The Guardian - AU

The Loop: Coalition shares election costings, refugee advocate wins court appeal, and an English soccer player comes out as gay

Get up to speed on today's headlines with The Loop.

ABC News

Elections used to be about costings. Here's what's changed

The last week of campaigns used to be frantic, behind the scenes. In public, right up until the final week, the leaders would make all sorts of promises, many of them expensive, with nary a mention of the spending cuts or tax increases that would be needed to pay for…

The Conversation

Coalition costings: $3.3bn in public service cuts to fund election pledges worth $2.3bn

Josh Frydenberg spruiks ‘responsible approach’ and calls on Labor to submit its policies to financial scrutiny

The Guardian - AU

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Stand by for the oddly designed Stage 3 tax cut that will send middle earners backwards and give high earners thousands

The Reserve Bank is pushing up interest rates to take money out of our hands.

The Conversation

‘I am who I am’: Anthony Albanese rushes towards his date with destiny

Can the Labor leader persuade Australians that his passion and emotional investment are the qualities they need in a PM?

The Guardian - AU

Grattan on Friday: 'Gotcha' questions are ugly journalism but hazards for leaders

The public don’t have much regard for journalists and many people will be critical of the “gotcha” questioning that found Anthony Albanese on Thursday unable to recite the six points of his policy on the National Disability Insurance Scheme.

The Conversation

Treasurer, Chalmers keep to familiar lines

Josh Frydenberg and Jim Chalmers have failed to deliver any blows during the treasurers' debate at the National Press Club.

AAP

Morrison shrugs off 'buffoons' sledge from NSW anti-corruption watchdog commissioner

Scott Morrison shrugs off a frank character assessment from one of the commissioners of the New South Wales anti-corruption watchdog, who labelled critics of his organisation as "buffoons".

ABC News

Scott Morrison warns overly powerful Icac could turn Australia into ‘public autocracy’

Labor, which has promised to establish a national anti-corruption commission ‘with teeth’, says the PM’s comments show his ‘true colours are emerging now’

The Guardian - AU

Federal election: Rising interest and inflation rates dominate debate between Josh Frydenberg and Jim Chalmers — as it happened

Interest rates, cost-of-living pressures and how each party would start to repay our historic debt dominate the treasury debate. Look back at all the day's politics.

ABC News

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The Conversation

Centre-left parties worldwide have struggled to reinvent themselves – what kind of ALP is fighting this election?

With due caution about the (in)accuracy of opinion polls, Australian voters may bring in a Labor government on May 21. If so, what kind of government would they get?

The Guardian - AU

Labor says rate rise highlights PM’s shredded credentials but Morrison insists it’s part of pandemic journey

Scott Morrison says Reserve Bank has ‘made a very important statement about where we are now in our journey out of this pandemic’

ABC News

Prime Minister Scott Morrison says Australians ready for rate increase, as Labor warns nation faces cost-of-living crisis

The Prime Minister says households are prepared to deal with the first increase to interest rates in more than a decade, but Labor says his government is not doing enough to ease cost-of-living pressures.

The Conversation

Labor says power prices are going up. The Coalition says they aren't. Who's right?

“Power prices are going up”, shadow treasurer Jim Chalmers declared last week. But according to energy minister Angus Taylor, “No one’s household power prices have gone up.” So who is right?

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ABC News

Anthony Albanese says debt and deficit have never been higher. Is that correct?

Opposition Leader Anthony Albanese says that debt and deficit in Australia have never been higher. RMIT ABC Fact Check takes a look at the history books.

ABC News

Labor leader Anthony Albanese emerges from COVID-19 isolation with rising power prices on the agenda

Federal Labor leader Anthony Albanese rejoins the federal election campaign after a week in COVID-19 isolation as power prices and the cost of living continue to be hot topics on the election campaign.

ABC News

Jim Chalmers says the current government has taxed, borrowed and spent more than Labor did. Is that correct?

Shadow Treasurer Jim Chalmers says the current government has taxed, borrowed and spent more than the previous Labor government. RMIT ABC Fact Check takes a look at his claim.

Newcastle Herald

Live blog: Coalition face economic trouble over increased inflation

The Prime Minister is still campaigning in Queensland today as pressure mounts on the increased inflation rate.

The Independent UK

Australian minister accuses China of election interference

A senior Australian minister is suggesting that China deliberately announced its security pact with the Solomon Islands during an election campaign to undermine her government’s chances of reelection

AAP

Nationals' McKenzie stands by integrity

Nationals minister Bridget McKenzie has defended her response amid the sports rorts controversy, saying she would "love" to see an integrity commission.

ABC News

Labor promises crackdown on multinational tax avoidance would bring almost $2 billion in revenue

Labor has laid out its economic plan for the next term, saying it will focus on lifting wages, cutting wasteful spending and a crack down on multinational tax avoidance that would add almost $2 billion to government coffers.

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