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SHOCKING: 5 | Mind Blowing Facts

Chalmers unveils new look Reserve Bank, with women in the majority on both its boards

A person with long experience in the financial services sector, Marnie Baker, and a distinguished academic economist, Renée Fry-McKibbin, have been appointed to serve on the Reserve Bank’s new monetary policy board:

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More spending and weaker revenue hits budget bottom line in some years: Chalmers

Wednesday’s mid-year budget update will downgrade company tax receipts by $8.5 billion over the four years to 2027-28, and show “slippage’ in the bottom line in some years of the forward estimates, Treasurer Jim Chalmers says.

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Bali five return to Australia, and don’t have to serve more prison time

The remaining five members of the Bali Nine – Matthew Norman, Scott Rush, Martin Stephens, Si Yi Chen, and Michael Czugaj – arrived back in Australia from Indonesia on Sunday.

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Grattan on Friday: Dutton’s nuclear policy would have coal-fired power stations operating for a lot longer

A Dutton government would keep coal working hard for much longer under its nuclear policy, while renewables would provide only a little over half the electricity generated in 2050.

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Politics with Michelle Grattan: For Mark Dreyfus, antisemitism is very personal

The attack on the Adass Israel synagogue in Melbourne and another car torching in Sydney have dramatically heightened political tensions over antisemitism.

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Anthony Albanese to promise three days subsidised child care without an activity test

Anthony Albanese will promise a re-elected Labor government would guarantee three days of subsidised child care without people having to undertake an activity test.

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View from The Hill: another Liberal moderate to leave Dutton team

A second member of the shadow cabinet has announced he is quitting parliament, further depleting the moderates’ presence in the parliamentary Liberal party and boosting the chance of the teal candidate in the Sydney seat of Bradfield.

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Albanese announces antisemitism taskforce, as synagogue firebombing investigation upgraded

Anthony Albanese has announced an Australian Federal Police Special Operation Taskforce to combat antisemitism, after criticism from within and outside the Jewish community that the government has not done enough to deal with the escalating issue.

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View from The Hill: Albanese announces more funding for Jewish security, labels synagogue firebomb ‘terrorism’

In the reactions to incidents of antisemitism, many people observe a contrast between New South Wales Premier Chris Minns and Prime Minister Anthony Albanese.

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Grattan on Friday: frustrated government can only bite its tongue as it waits on Michele Bullock

As she reads the economic commentators, Reserve Bank Governor Michele Bullock might, in moments of doubt, wonder whether she’s making a similar misjudgement to her predecessor Philip Lowe.

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View from The Hill: Paul Fletcher’s rant against the teals risks insulting voters the Liberals need to win

Liberal frontbencher Paul Fletcher got a big shock last election in his Sydney seat of Bradfield. Teal candidate Nicolette Boele pushed the result to preferences, leaving her within striking distance for next year’s poll. She has been further helped by the redistribution.

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Politics with Michelle Grattan: Simon Birmingham on Liberal moderates, regrets, and Donald Trump

Opposition Senate leader and former senior minister in the Coalition government Simon Birmingham has announced he will quit parliament. Birmingham, one of the few remaining moderates in the Liberals’ ranks, is shadow foreign minister. Now , aged 50, he’s defecting to a (yet to be announced) commercial job.

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Liberals argue Labor’s electoral reform package should stand or fall as a whole in any court challenge

An attempt by the Liberals to insert a potential legal time bomb into the electoral reform legislation and a Labor proposal that would give the ACTU a generous donation cap were main reasons an expected bipartisan deal on the bill imploded at the last moment this week.

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Politics with Michelle Grattan: Climate Change Authority head Matt Kean says ‘put more solar panels on commercial rooftops’

The just-ended COP-29 in Baku, and the election of Donald Trump, have put the global response to climate change in the spotlight. Meanwhile back home, Climate Change Minister Chris Bowen this week reported Australia is on track to meet its 2030 target to reduce emissions as part of the Paris…

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Grattan on Friday: Albanese gets down and dirty in deal making and breaking as Senate rushes to Christmas finish

In the chaotic dying days of 2024’s final parliamentary sitting, Prime Minister Anthony Albanese reverted to a role he played in Julia Gillard’s government.

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Opposition Senate leader Simon Birmingham announces surprise retirement at election

Opposition leader in the Senate, Simon Birmingham, has announced he will retire from parliament at the election, to take up a “new, commercially oriented” career.

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Record renewables go into the grid in 2024, generating 45% of electricity in 2025

This year will set a record for the addition of renewables to the grid, according to figures to be released on Thursday by the Clean Energy Regulator.

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View from The Hill: An ugly fracas in the Senate leads to suspension of Lidia Thorpe

Wednesday saw an ugly incident that brought shame on the Senate. It was shocking – full of provocation, accusations of racism, and what was described by Senate president Sue Lines as “physically threatening behaviour”.

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Australia on track to meet 2030 43% emission’s reduction target, on latest figures

Australia is on track to reach the Albanese government’s 43% emissions reduction target by 2030, according to the most recent analysis by the Climate Change department.

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Social media companies won’t be able to compel people to provide digital or government-issued ID to verify age

Big tech platforms won’t be able to compel people to provide digital ID or government-issued identification documents such as a passport, when verifying age for social media accounts.

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Deloitte predicts December budget update will show bottom line has worsened since May, in fiscal ‘thud’

Next month’s update of the federal budget will forecast a bigger deficit for 2024-25 than was predicted in the May budget, according to the Deloitte Access Economics’ Budget Monitor, released on Tuesday.

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Greens capitulate, announcing they will ‘wave through’ Labor’s Help to Buy and Build to Rent housing bills

The government has stared down the Greens over its Help to Buy and Build to Rent housing legislation, with the minor party announcing late Monday it will “wave through” the legislation in the Senate this week.

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Marles staffer launches court action against the government, deputy prime minister and Albanese’s chief of staff

The chief of staff to the Deputy Prime Minister, Richard Marles, is launching legal action over claims she was bullied in his office.

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View from The Hill: Albanese government crumples on misinformation bill and gambling advertising

“Big Tech” is celebrating one victory over the Albanese government, but is set to lose on another front.

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Remaining members of ‘Bali nine’ set for repatriation, with conditions

The Albanese government is still discussing the details for the remaining five of the “Bali nine” to be repatriated to Australia, Special Minister of State Don Farrell has said.

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