Trump threatens larger tariffs for international locations together with Australia
Australia might face even larger tariffs from the US, as President Donald Trump says he plans a brand new tariff that might be “someplace within the 15 to twenty% vary”.
The US has at present positioned a “baseline” 10% tariff on Australia, moderately than the next “reciprocal” tariff.
Trump made the feedback in Scotland, after negotiating a 15% tariff price with the European Union this week.
Trump stated that his administration will notify about 200 international locations quickly of a brand new tariff price for “the remainder of the world”.
“I’d say it’ll be someplace within the 15 to twenty per cent vary,” he stated. “In all probability a type of two numbers.”
It places much more strain on the federal government to barter with the US to keep away from the next price.
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Up to date at 17.16 EDT
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The federal government says its place on US tariffs is “unchanged”, and can proceed to foyer the US to drop them.
In an announcement, a spokesperson for commerce minister Don Farrell stated:
Our place is unchanged – any tariffs on Australian good are unjustified and an act of financial self-harm.
We are going to proceed to interact in any respect ranges to advocate for the removing of all tariffs, in keeping with our free commerce settlement with the US.
Earlier, senior authorities minister Mark Butler stated the federal government continues to be attempting to get a “sense” of what the US administration is planning.
The opposition has been important of the prime minister for not but having met with Donald Trump since his election to workplace.
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Final evening within the Senate chamber, Pauline Hanson tried to wedge the Coalition by placing a movement ahead to scrap Australia’s web zero by 2050 emissions coverage.
It was overwhelmingly voted down, however the One Nation senators had been joined by Coalition senators, Matt Canavan and Alex Antic, and United Australia Celebration senator Ralph Babet, totalling seven who voted in favour.
Some within the Coalition voted no whereas others abstained.
RN Breakfast host, Sally Sara, asks Ruston why she wasn’t there for the vote.
Ruston says she was on go away yesterday for a shadow cupboard assembly, however says the Coalition has dedicated to going by means of a course of to evaluation all its power insurance policies.
I feel all of us respect the very fact that there’s a broad vary of views in our social gathering room on this explicit subject. However the one factor that I’ll all the time do is respect all of these views. I need to hear the entire views of my colleagues, after which we’ll undergo a respectful course of and give you a united coverage on the finish of it.
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Shadow well being minister criticises Labor for bulk-billing charges and residential care package deal delay
Following Butler into the RN Breakfast studio is Anne Ruston, the shadow well being minister, who has referred to as Anthony Albanese a “snake oil salesman” on GP bulk-billing charges.
You would possibly keep in mind the properly worn line from the federal government that “all you want is your Medicare card” in the course of the election marketing campaign (with a Medicare card in hand), however Ruston says the bulk-billing figures present there are lots of Australians who’re nonetheless pulling out the bank card to pay a big hole price.
Bulk-billing charges have plummeted by 11%. That’s 1.5 million Australians final yr selected to not see their physician as a result of they stated they merely couldn’t afford to.
A Medicare card. {Photograph}: Joel Carrett/AAP
The opposition has additionally criticised the federal government for delaying the discharge of 80,000 house care packages into the aged care system.
The federal government made a promise within the election marketing campaign that they had been going to launch 80,000 new house care packages on 1 July. Then, solely minutes into their subsequent time period, they really took these 80,000 packages off the desk, and we now consider that they might be launched someday on the finish of the yr.
Ruston says 87,000 older Australians have been assessed as needing the packages however aren’t receiving them.
The Coalition will assist a movement from unbiased David Pocock to ascertain an inquiry into the delay. You may learn extra about that from my colleague Tom McIlroy right here:
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Up to date at 18.06 EDT
Australia attempting to ‘prosecute our curiosity’ on any tariffs on pharmaceutical exports to US: Butler
The commerce state of affairs is “shifting round a bit” says Mark Butler, because the US president, Donald Trump, introduced within the final couple of hours there might be new tariffs of as much as 15 or 20%.
Butler says he’s solely seen the information on his telephone, and the federal government is attempting to “make it possible for we now have a way of what the US administration is planning” whereas pushing a case for the tariffs to be eliminated fully.
Our officers are working laborious to get a way precisely of the character and the timing of any tariffs on pharmaceutical exports, which, as your listeners would know, is a selected sector or business that the US administration has been targeted on …
We recognise it is a very important problem, together with to pharmaceutical exports from Australia to the US, which by and huge are blood and plasma merchandise. We’re doing all the things we are able to to prosecute our curiosity as Australians.
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Up to date at 17.54 EDT
Butler requested whether or not Australia ought to recognise a Palestinian state now
There are rising requires Australia to recognise a Palestinian state now, together with by authorities MP Ed Husic, who penned an op-ed for Guardian Australia yesterday.
Mark Butler is constant his media rounds, and is requested on ABC RN Breakfast whether or not he helps Husic’s name.
Butler reiterates the overseas affairs minister Penny Wong’s feedback that recognition would kind a part of the peace course of, moderately than be labored by means of on the finish of that peace course of, however he says there are a variety of points the federal government wants to think about.
The prime minister over the weekend stated that there clearly had been plenty of points that we might be contemplating as a authorities on the query of recognition. For instance, how do you ensure Hamas performs no position in a Palestinian state? What are the ensures for Israeli safety? But additionally, what’s the construction of the state that we might be recognising? So we’ll try this at an acceptable time.
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Up to date at 17.56 EDT
Albanese authorities to broaden subsidy program for renewable power initiatives
The federal government will broaden its subsidy program for renewable power initiatives, which it says will assist energy tens of millions of houses.
Chris Bowen, the power minister, will give a speech later at present, asserting that the capability funding scheme (CIS) will broaden, to underwrite 3 gigawatts of era and underwrite 5 gigawatts of dispatchable capability or storage.
It’s proper that the sunniest and windiest continent stays on the forefront of photo voltaic and wind innovation – and this backing reveals the federal government intends for it to remain that approach.
Bowen says the most recent Gencost report, ready by the CSIRO and the Australian Power Market Operator, reveals firmed renewables are the bottom price type of new power era.
The report says the price of photo voltaic fell by 8% and the price of batteries fell by 20% final yr.
Bowen says:
Now round midway by means of the CIS, and with the price of deploying photo voltaic and batteries declining quicker than anticipated, we now have a possibility to supercharge our transition.
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Up to date at 17.43 EDT
Nationals web zero debate ‘complete insanity’: Pocock
We will’t appear to cease speaking about web zero in parliament, and unbiased senator (and recognized longtime local weather motion advocate) David Pocock says it’s “complete insanity” to see the trail the Coalition is taking over the difficulty.
However Labor’s not off the hook, and Pocock says the federal government must be doing much more, and taking the chance as a rustic to “punch above our weight”.
I feel it’s complete insanity to see the trail that the Coalition is taking over this. The Labor authorities, sure, they’re doing one thing, however they’re not doing sufficient. It’s not really aligned with what local weather scientists are telling us …
Australians love punching above our weight. You take a look at on the sports activities discipline traditionally by way of international diplomacy, we’ve punched above our weight. This is a chance.
Pocock provides that it’s “so unhelpful” to see the Nationals who he says must be serving to farmers, once they’re vulnerable to floods and drought because of local weather change.
Impartial senator David Pocock. {Photograph}: Mick Tsikas/AAPShare
Up to date at 17.35 EDT
Well being minister says it’s ‘deeply regarding’ physician wrote 72,000 medical hashish scripts in two years
The well being minister, Mark Butler, is doing the media rounds this morning, making his approach by means of the press gallery.
On Dawn, he’s requested a few story within the Sydney Morning Herald, which studies that one physician at an Australian medical hashish firm wrote out 72,000 prescriptions to 10,000 sufferers over two years.
Butler says he’s “nonetheless struggling to get my head round the way you do it bodily”, and says it’s “deeply regarding”.
There are some enterprise practices which have emerged which are frankly, I feel unsafe and positively unscrupulous. I’ve requested the regulators to have a look at this and a present all well being ministers – not simply me however the state ministers as properly – with recommendation find out how to regulate this business in a extra secure approach.
Requested about legal guidelines round testing optimistic to hashish in a office, Butler says the primary precept must be about “supporting individuals by means of their medical remedy”.
There’ll clearly be questions on utilizing heavy gear and the like, I feel it’s time to have that debate about updating our legal guidelines.
Staying on regulation, he’s requested about whether or not there should be some extra guidelines for e-scooters. Butler says it “does want some regulation”.
Minister for well being, Mark Butler. {Photograph}: Mick Tsikas/AAPShare
Up to date at 17.33 EDT
Trump threatens larger tariffs for international locations together with Australia
Australia might face even larger tariffs from the US, as President Donald Trump says he plans a brand new tariff that might be “someplace within the 15 to twenty% vary”.
The US has at present positioned a “baseline” 10% tariff on Australia, moderately than the next “reciprocal” tariff.
Trump made the feedback in Scotland, after negotiating a 15% tariff price with the European Union this week.
Trump stated that his administration will notify about 200 international locations quickly of a brand new tariff price for “the remainder of the world”.
“I’d say it’ll be someplace within the 15 to twenty per cent vary,” he stated. “In all probability a type of two numbers.”
It places much more strain on the federal government to barter with the US to keep away from the next price.
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Up to date at 17.16 EDT
Benita Kolovos
Following a earlier submit on Victoria’s bail legal guidelines …
The proposed modifications to Victoria’s bail legal guidelines comply with reforms in March, which scrapped the precept of remand solely as a “final resort” for accused youth offenders. Instead, group security has grow to be the “overarching precept” when deciding bail for kids and adults.
Two bail offences – “committing an indictable offence whereas on bail for indictable offence” and “breaching of situation of bail” – had been additionally reintroduced, every including a further three months of imprisonment to every other sentence imposed.
The offences had been scrapped by the federal government in 2023, after advocacy by the household of Veronica Nelson and suggestions from a coronial inquest into her 2020 demise in custody.
Authorized, First Nations and human rights teams all condemned the March modifications on the time and are prone to oppose this newest spherical of reforms as properly. The Victorian Aboriginal Authorized Service (Vals) and Flat Out already had a deliberate rally at parliament on Wednesday morning.
Vals have stated because the March modifications there was a 100% enhance in youth offenders remanded in custody, with a 300% enhance amongst their shoppers. They stated this has put youth services “drastically underneath strain”, leading to extra lockdowns and fewer entry to schooling and assist companies.
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Up to date at 17.18 EDT
Krishani Dhanji
Good morning,
Krishani Dhanji right here with you for what will probably be one other busy day of parliament, because of Martin Farrer for getting us began.
There’s a number of key points working by means of parliament this morning: the web zero debate continues to kick off within the Coalition, whereas the federal government guarantees to extend its subsidy scheme for renewables initiatives (I’ll have extra particulars on that in a second).
As my colleague Josh Butler tells us, the federal government will attempt to pace by means of its reforms to childcare this week, and can use the brand new powers as quickly as it might to crack down on childcare security.
There’s a lot to return, so persist with us (and convey your favorite caffeinated beverage with you!).
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Up to date at 17.16 EDT
Victoria to introduce additional modifications to state’s ‘hardest’ bail legal guidelines
Benita Kolovos
Individuals charged with severe offences comparable to aggravated housebreaking, carjacking and armed theft whereas on bail will probably be topic to a harder bail take a look at underneath additional modifications to Victoria’s bail legal guidelines being launched to state parliament at present.
The premier, Jacinta Allan, attorney-general, Sonya Kilkenny, and police minister, Anthony Carbines, will this morning announce a second spherical of bail reforms in simply 4 months, amid considerations in regards to the state’s rising crime price.
Beneath the proposed reforms, bail will probably be refused for anybody accused of a severe offence whereas already on bail for one more severe offence, until the decision-maker is happy there’s a “excessive diploma of likelihood” the particular person is not going to reoffend.
This new take a look at, which is being described by the federal government because the “hardest” within the nation, would apply to alleged offenders of all ages – together with youth – and covers six offences: aggravated house invasion, aggravated carjacking, armed theft, aggravated housebreaking, house invasion and carjacking
(L-R) Victorian police minister Anthony Carbines, legal professional common Sonya Kilkenny and premier Jacinta Allan. {Photograph}: Joel Carrett/AAP
The federal government stated the change will enhance the “chance that bail will probably be refused and prevents re-offending.”
A brand new “second strike” rule that’s being proposed can even make it more durable for individuals to get bail if they’re accused of committing one other indictable offence whereas already on bail. It will apply to expenses comparable to theft, assault, intercourse offences and severe drug offences.
However the authorities stated low-level offences like minor drug possession could be excluded to “keep away from remanding weak individuals unnecessarily”.
The federal government stated different safeguards would even be in place to “mitigate any disproportionate influence on weak individuals” but it surely didn’t define these measures within the media launch.
Kilkenny stated:
These legal guidelines shield the group from severe repeat offenders who endanger Victorians, whereas making certain weak individuals aren’t unfairly caught up.
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Up to date at 17.17 EDT
CSIRO report reveals renewable power nonetheless least expensive
Renewable power manufacturing is the most affordable and nuclear reactors the most costly on the most recent figures, AAP studies.
The CSIRO, Australia’s nationwide science company, launched its GenCost report on Tuesday, revealing rising development and finance prices would push up costs for power initiatives of all types within the coming years.
Renewable know-how continued to supply the most affordable power era, the report’s lead creator and CSIRO chief power economist Paul Graham stated.
“We’re nonetheless discovering that photo voltaic PV and wind with firming is the lowest-cost, new-build low-emission know-how,” he instructed AAP.
“In second place is gasoline with (carbon seize storage) … then large-scale nuclear, black coal with CCS, then the small modular reactors.”
Small modular nuclear reactors proved the most costly know-how of the eight choices by a big margin.
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Banks to refund expenses to low-income clients
Banks will refund greater than $93m to low-income clients who had been charged excessive charges on their accounts, AAP studies.
Greater than one million individuals have already been moved to low-fee accounts, saving an anticipated $50m in annual charges, in keeping with the Australian Securities and Investments Fee’s (Asic) Higher and Past report launched at present.
The evaluation follows the Higher Banking for Indigenous Shoppers report, launched in July 2024, which revealed at the very least 2 million low-income Australians, who relied on Centrelink funds, had financial institution accounts charging excessive charges.
There have been 21 banks included within the newest report, which discovered even bigger numbers of low-income Australians paying an excessive amount of.
The Asic commissioner, Alan Kirkland, stated:
What began as an initiative targeted on addressing avoidable financial institution charges for low-income clients in regional and distant areas, notably First Nations customers, revealed a a lot wider downside affecting clients nationwide.
Asic commisisoner Alan Kirkland. {Photograph}: GeneRoss/Selection
Since July 2024, the 4 banks concerned within the preliminary report – ANZ, Bendigo Financial institution, Westpac and Commonwealth Financial institution (together with Bankwest) – have paid greater than $33m in refunds to the shoppers recognized.
Three of these 4 banks have dedicated to refunds to a broader group of low-income clients who’ve been in high-fee accounts.
The Commonwealth Financial institution and BankWest have indicated they don’t intend on making funds to clients exterior the preliminary cohort, Asic’s report stated.
A number of different banks have additionally reviewed the influence of high-fee accounts on low-income clients and have dedicated to remediation.
An additional $60m will probably be refunded to greater than 770,000 clients in consequence.
The Asic chair, Joe Longo, stated whereas banks had made enhancements in the course of the fee’s surveillance, there was nonetheless work to be carried out.
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EU deal means Australia unlikely to safe US tariff exemption, consultants say
Australia’s hopes for a complete tariff exemption are dwindling as Donald Trump’s offers with different nations lay naked the boundaries of commerce negotiations, Australian Related Press studies.
Since pushing his tariff deadline to 1 August, the US president has struck commerce agreements with Japan, and in a single day, the European Union – a lot to the disgust of French ministers who suppose the EU has caved in to Trump.
Whereas the offers landed on tariffs decrease than Mr Trump’s preliminary threats, each had been larger than the ten% baseline levy imposed on Australian items.
No US buying and selling associate has managed to utterly dodge tariffs on their objects.
So it appears unlikely that Anthony Albanese and his commerce minister, Don Farrell, can negotiate their approach out of any tariffs in any respect.
“Trump actually does see tariffs as one thing that’s good in themselves,” College of Sydney US politics knowledgeable David Smith instructed AAP.
“Though there have been lots of hopes initially of this course of that international locations might negotiate their approach out of tariffs altogether – that’s probably not occurring.”
Australia, like different nations, would possibly as an alternative should pivot approaches and attempt to strategically place its industries inside these offers.
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Up to date at 16.33 EDT
Welcome
Good morning and welcome to our reside politics weblog. I’m Martin Farrer with the highest in a single day tales after which it’ll be Krishani Dhanji with the principle motion.
Anthony Albanese might discover it laborious to barter a tariff-free commerce cope with the US after the European Union grew to become the most recent American buying and selling associate to accept larger tariffs on exports to the world’s largest market. One knowledgeable warns at present that it’s trying more and more unlikely that Labor will reduce a tariff-free deal. Extra developing.
4 banks will refund expenses to low-income clients after the monetary regulator discovered {that a} a lot larger variety of Australians had been paying an excessive amount of than initially thought. Extra on that shortly.
And Labor goes to introduce new bail legal guidelines to the Victorian parliament which it says are the “hardest” within the nation, regardless of opposition from authorized, First Nations and human rights teams. Extra on that too, in a couple of minutes.
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