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Politics

Chalmers announces final budget relief before election

Treasurer Jim Chalmers announces final cost-of-living budget measures ahead of impending election, despite ongoing deficits.

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Treasurer Jim Chalmers announces final cost-of-living budget measures ahead of impending election, despite ongoing deficits.

In Short

Treasurer Jim Chalmers will announce a final cost-of-living initiative, focusing on public health measures and energy rebates, ahead of the federal budget and elections.

The government claims these efforts will ease financial burdens while maintaining responsible economic management.

Treasurer Jim Chalmers has announced one final cost-of-living initiative ahead of the upcoming federal budget and potential election.

After a series of financial measures aimed at easing burdens on Australians, including free GP visits, cheaper medicines, and reduced beer excise, Chalmers is set to unveil additional support on Tuesday.

Government sources indicate this announcement will not involve housing or tax cuts. Chalmers emphasized the government’s achievements in economic management, highlighting improved deficits and reduced debt.

Cost of living

He stated that this budget aims to ease the cost of living while addressing inflation. Recent spending has focused on public health measures, such as free GP visits that could save families up to $657 annually, and reductions in prescription costs under the Pharmaceutical Benefits Scheme.

These initiatives also include a $150 energy rebate extended for six months amidst rising energy prices, as well as adjustments to the home equity scheme to broaden access for potential homeowners.

Additionally, a freeze on beer tax for two years has been announced to alleviate the financial strain on consumers and the hospitality industry.

Despite criticisms regarding public spending, the government insists that it is committed to responsible economic management, claiming to have achieved significant budget improvements.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Politics

Supreme Court tariffs and Albanese approval drop: What you need to know

Supreme Court’s tariff decision could reshape U.S. trade, while Albanese faces approval drop amid rising One Nation support.

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Supreme Court’s tariff decision could reshape U.S. trade, while Albanese faces approval drop amid rising One Nation support.


The political and economic landscape is shifting on two fronts. In the United States, the Supreme Court is set to deliver a pivotal decision on tariffs that could reshape global trade, affect inflation, and influence U.S. economic growth. Chris Berg from RMIT University joins us to explain the stakes, from the political impact at home to the long-term implications for international relations and business strategy.

Meanwhile, in Australia, Prime Minister Anthony Albanese faces a steep drop in approval ratings as support for Pauline Hanson and her One Nation party surges. Recent events, including the Bondi massacre, have influenced voter sentiment, driving Labor’s primary vote down to 30 percent. Chris Berg breaks down what this means for Labor, the Coalition, and the upcoming elections, offering insight into broader public opinion trends and potential strategies moving forward.

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#USTariffs #GlobalTrade #Inflation #Albanese #OneNation #AustralianPolitics #EconomicImpact #ChrisBerg


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Politics

Global tensions unpacked: Venezuela, Iran, China & Australia’s Bondi Commission

Professor Tim Harcourt analyzes Venezuela’s geopolitical shifts post-U.S. military operation, affecting oil markets and global alliances.

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Professor Tim Harcourt analyzes Venezuela’s geopolitical shifts post-U.S. military operation, affecting oil markets and global alliances.


Professor Tim Harcourt from UTS breaks down the rapidly shifting geopolitical landscape in 2026, focusing on the dramatic situation in Venezuela and its ripple effects across global power plays. We explore how the United States’ recent military operation and capture of Nicolás Maduro have reshaped Venezuelan politics, oil markets, and strategic alliances, especially with China, Russia, and Iran.

With Venezuela sitting on nearly 20% of the world’s proven oil reserves, the stakes are enormous, and Harcourt helps unpack the economic and political drivers behind U.S. intervention and China’s response.

We also delve into how the U.S. actions in Venezuela tie into broader geopolitical frictions — particularly Washington’s efforts to curb Chinese influence in Latin America, even as Beijing denounces the operation as a violation of sovereignty and frames its position in multilateral fora. The conversation peels back the layers of how energy, economics, and security intersect in one of the most consequential flashpoints this year.

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#Geopolitics #Venezuela #USForeignPolicy #ChinaRelations #OilPolitics #InternationalRelations #TimHarcourt


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Politics

Albanese announces royal commission into Bondi terror attack

PM Albanese announces royal commission into Bondi terror attack to promote healing and investigate anti-Semitism, amid public pressure.

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PM Albanese announces royal commission into Bondi terror attack to promote healing and investigate anti-Semitism, amid public pressure.


Prime Minister Anthony Albanese has announced a royal commission into the Bondi terror attack, responding to mounting public pressure. The inquiry aims to help the nation heal and learn from the tragedy that claimed 15 lives.

The royal commission will replace a state-led investigation and be chaired by former High Court judge Virginia Bell. Albanese confirmed the inquiry could examine government decision-making and promised full cooperation with requests for evidence.

While the announcement was welcomed by advocacy groups, some families of the victims expressed disappointment over the lack of prior consultation. The terms of reference will prioritise tackling anti-Semitism while also leaving space to investigate other forms of hate, including Islamophobia.

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#BondiAttack #RoyalCommission #AnthonyAlbanese #AustraliaNews #TerrorAttack #AntiSemitism #Islamophobia #TickerNews


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