‘Australians aren’t proud of us’, says Coalition frontbencher
Going through Nationals flying forward of the Liberals on power and a brutal Newspoll consequence this morning, Liberal frontbencher Melissa McIntosh is requested on Sky Information how apprehensive she is concerning the declining public help.
“I don’t need to spin it,” she says, however digs in on internet zero, saying many in her neighborhood don’t need it.
Australians aren’t proud of us. We misplaced an election, and we had been annihilated on the election. We have to get our act collectively. We have to deal with being a robust opposition.
On whether or not Sussan Ley can and will keep on as chief, she says:
Sussan nonetheless has my confidence, and he or she ought to have the ability to keep on as chief. As I mentioned, we’re down within the dumps. It’s not simply concerning the management, it’s the entire Coalition and the individuals which are left – my colleagues, they’re great, gifted individuals, and we ought to be giving Sussan an opportunity.
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Up to date at 15.46 EST
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Jonathan Barrett
Mortgage arrears fall at Westpac after fee cuts
Mortgage holders are having fun with a reprieve from relentless value of residing pressures, because the variety of house homeowners falling behind on their repayments falls.
Westpac’s full yr outcomes, launched this morning, present that its delinquency fee for loans which are greater than 90 days behind has dropped to 0.73%, from 1.12% a yr in the past.
On Monday, the financial institution reported a 2% slide in annual revenue to $6.9bn for the yr ended 30 September, down from $7.1bn a yr in the past. It would pay a full yr dividend of $1.53 per share.
The Reserve Financial institution’s official money fee, which informs mortgage charges, has been reduce thrice this yr to three.6%.
Westpac mentioned most of its prospects had welcomed the rate of interest aid, whereas broader value of residing pressures had additionally eased.
Westpac’s chief govt, Anthony Miller, mentioned:
However the aid from rates of interest, challenges stay, with inflation and unemployment growing in latest months.
Globally, uncertainty stays however this is a chance for Australia and we’re in an excellent place to work by means of any impacts from occasions akin to the continued geopolitical and commerce tensions.
Whereas many forecasters had been anticipating additional rate of interest aid this yr, the percentages of imminent cuts have collapsed attributable to growing inflation. The RBA will hand down its subsequent rate of interest resolution tomorrow.
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Up to date at 16.11 EST
Tehan ‘very assured’ he can attain place with Nationals on power
The query each Coalition member is dealing with this morning is whether or not the Nationals’ resolution to scrap internet zero will permit the 2 events to remain collectively.
Tehan – who has each staunch internet zero backers and critics in his personal get together – says he’s “very assured” he can attain a place with the Nationals on power coverage.
I by no means began this course of looking for to fail. I need to succeed, and which means we’ve all started working collectively. And the best way we’ve been constructively working collectively – clearly, there’s some noise right here and noise there – however the best way we’ve been working constructively collectively, I’m very assured that we’ll have the ability to attain a place which suggests we will all proceed to work collectively in the very best pursuits of the nation.
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Up to date at 16.08 EST
‘We need to get it proper,’ says Tehan on Liberal power coverage
Shadow power minister Dan Tehan, who’s main the Liberal get together’s power coverage overview, is dealing with extra stress now that the Nats have come out of the gate and staked their place by abandoning internet zero.
Tehan, following Littleproud on RN Breakfast, says all the things is AOK with the Nats and that he’ll take his time to “get it proper” on power coverage.
We’ve acquired to get it proper in understanding: OK, what’s it that we have to do to make reasonably priced power our primary precedence, however on the identical time be doing our bit in the case of decreasing emissions? And we’re working by means of that methodically. We’ve been doing it not solely as a Liberal get together but in addition collectively with the Nationwide get together – very constructively, I’d add – and we’ll proceed to do this.
So when will the Liberals announce their coverage? Tehan says: “in an ideal world, it could be nice to have it carried out by Christmas”.
Together with this week, there are simply two joint sitting weeks left this yr, so time is actually ticking.
Shadow minister for power Dan Tehan. {Photograph}: Mick Tsikas/AAPShare
Up to date at 16.10 EST
David Littleproud says Australia shouldn’t be ‘streaking forward’ on emissions discount
Nationals chief David Littleproud says Australia shouldn’t be a “laggard” on emissions discount, however we additionally shouldn’t be “streaking forward”.
Speaking to ABC RN Breakfast this morning after making the announcement yesterday, Littleproud says Australia ought to be doing its “justifiable share”.
However what’s a justifiable share, asks host Sally Sara, when Australia’s per capita emissions are thrice the worldwide common? Littleproud says:
I feel that is the place the truth of attending to this per capita is a puerile argument. The truth is every nation has a accountability, and that is the place they get into issues like Scope 3 [emissions], saying Australia ought to must pay for that as a result of we really export quite a lot of sources abroad which are then burned … It shouldn’t be nearly what we really are emitting, it’s what we will mitigate.
He factors to Australia accounting for 1% of worldwide emissions, and says it’s a “small quantity of the entire emissions globally”.
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Up to date at 15.55 EST
‘Australians aren’t proud of us’, says Coalition frontbencher
Going through Nationals flying forward of the Liberals on power and a brutal Newspoll consequence this morning, Liberal frontbencher Melissa McIntosh is requested on Sky Information how apprehensive she is concerning the declining public help.
“I don’t need to spin it,” she says, however digs in on internet zero, saying many in her neighborhood don’t need it.
Australians aren’t proud of us. We misplaced an election, and we had been annihilated on the election. We have to get our act collectively. We have to deal with being a robust opposition.
On whether or not Sussan Ley can and will keep on as chief, she says:
Sussan nonetheless has my confidence, and he or she ought to have the ability to keep on as chief. As I mentioned, we’re down within the dumps. It’s not simply concerning the management, it’s the entire Coalition and the individuals which are left – my colleagues, they’re great, gifted individuals, and we ought to be giving Sussan an opportunity.
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Up to date at 15.46 EST
Hanson-Younger says Coalition ‘simply not severe about authorities’
Staying on Sarah Hanson-Younger on ABC Information Breakfast, the Greens senator didn’t maintain again in slamming the Nationals over their resolution to scrap help for internet zero, accusing the Coalition of getting “delusional and harmful” local weather coverage.
Greens senator Sarah Hanson-Younger. {Photograph}: Mick Tsikas/AAP
She calls on Labor to “rule out” working with the Coalition on any setting or local weather coverage (ie the federal government ought to negotiate with the Greens on the EPBC invoice).
The Coalition have proved themselves to be a celebration that’s simply not severe about authorities.
You’ll be able to’t faux in Australia that you simply care about the way forward for our nation, the security and safety of Australia. You’ll be able to’t even faux that you simply care concerning the bush and the areas when you don’t have a reputable coverage on local weather change. The local weather disaster is already right here.
Jogs my memory of Logan Roy telling his youngsters in Succession – “you aren’t severe individuals”.
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Up to date at 15.37 EST
SingTel ought to seem earlier than Optus inquiry, Greens and Coalition say
The Greens and the Coalition will grill Optus over its outage earlier this yr throughout a parliamentary listening to.
Shadow communications minister, Melissa McIntosh, instructed ABC Information Breakfast a bit earlier that the inquiry would “get to the underside” of what occurred.
Once I met with the CEO of Optus he mentioned it was human error and I requested ‘How can human error consequence within the outage the place lives had been misplaced?’ That’s not adequate.
Greens senator Sarah Hanson-Younger, who’s additionally been closely crucial of Optus, additionally instructed Information Breakfast the inquiry can be trying to name within the CEO and board members of SingTel to face questions.
I’ve been apprehensive for much too lengthy that Optus is far more apprehensive about its earnings than it’s individuals’s security. And now we’ve a scenario the place individuals have died as a result of Optus put earnings forward of security, and SingTel must take accountability for that.
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Up to date at 15.27 EST
‘I’ve much more to ask,’ Barnaby Joyce says on Nationals’ power coverage
Barnaby Joyce isn’t utterly bought on the Nationals’ power coverage regardless of being some of the vocal advocates to scrap internet zero (and nonetheless has a invoice within the Home to do this).
On Dawn this morning, Joyce says he nonetheless has considerations over the Capability Funding Scheme (CIS) which underwrites renewable initiatives. The Nats have determined that they’ll preserve the scheme however will increase it to additionally underwrite fossil gasoline initiatives.
Joyce says he’ll undergo the high quality print with senator Matt Canavan, who led the Nationals overview with Ross Cadell.
I’ve much more to ask and I’ll do my job and ask.
Few within the Liberal get together, who’ve been staunch internet zero supporters, are involved this could possibly be the top for the Coalition. Requested whether or not the Coalition is “over”, Joyce says:
I don’t know, that’s above my pay grade. Prior to now, I’ve argued in opposition to splitting the Coalition.
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Up to date at 15.50 EST
A 3rd of metropolitan and regional GPs to be absolutely bulk-billing
Only one third of all metropolitan GP practices can be absolutely bulk-billed beneath the federal government’s elevated bulk-billing incentive, which got here into impact on 1 November, as the federal government has promised that there can be no out-of-pocket cost for 90% of all GP visits by 2030.
Labor has launched new information in a single day displaying what number of clinics have indicated they are going to now absolutely bulk-bill.
In metro areas, of 4,720 practices, 1,557 can be absolutely bulk-billing (33%) – a rise of 622 clinics that say they are going to now bulk-bill as a result of incentive.
In regional centres, of 620 practices, 209 can be absolutely bulk-billing (33%) – a rise of 108 clinics.
However in distant communities, nearly half of all practices will now be absolutely bulk-billed – with 51 out of 110 practices indicating they gained’t cost out-of-pocket prices for sufferers.
The highest ten electorates that can see probably the most variety of blended billing practices grow to be absolutely bulk-billed embrace: Labor-held Ballarat in regional Victoria; Labor-held Rankin in outer suburban Brisbane; LNP-held Hinkler and Flynn in regional QLD; Labor-held Hawke exterior Melbourne; Labor-held Calwell and Hotham in metropolitan Melbourne; LNP-held Spence in South Australia, LNP-held Parkes in regional NSW, and LNP-held Cowper in regional Victoria.
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Up to date at 15.31 EST
Welcome
Krishani Dhanji
Good morning, Krishani Dhanji with you right here for one more busy sitting week (and the second final joint sitting week for the yr).
The Liberals are dealing with some stress after the Nationals got here out and scrapped their dedication to internet zero. The Liberals are nonetheless contemplating their place on the coverage.
The federal government is maintaining considerably of a decrease profile early this week; they’re nonetheless spruiking their pre-election promise to extend bulk-billing incentives which got here into pressure over the weekend.
And the Optus boss will face a parliamentary listening to at the moment into the September outage. The Greens and Coalition have been pushing for a full inquiry into the incident.
It’s going to be one other busy week, stick with us!
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