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    Home » Federal politics live: Labor’s super changes to impact ‘tiny sliver’ of population, Jim Chalmers says
    Politics

    Federal politics live: Labor’s super changes to impact ‘tiny sliver’ of population, Jim Chalmers says

    morshediBy morshediMay 14, 2025No Comments18 Mins Read
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    Federal politics live: Labor’s super changes to impact ‘tiny sliver’ of population, Jim Chalmers says
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    9m in the pastWed 14 Might 2025 at 5:55am

    We’re standing by for Afternoon Briefing

    Joshua Boscaini profile image

    Afternoon Briefing with Olivia Caisley might be beginning shortly.

    Standby and we take you thru the all of the developments right here reside.

    1h in the pastWed 14 Might 2025 at 5:04am

    McKenzie says Nationals will ‘unapologetically’ rise up for regional Australia when requested about internet zero coverage

    Joshua Boscaini profile image

    Bridget McKenzie has responded to feedback from Power Minister Chris Bowen criticising the Coalition for saying its internet zero by 2050 coverage is up for evaluation (you possibly can see his comments below).

    “I’d welcome taking the minister on a tour of regional Australia who’re completely up in arms about him carpeting their farmland, their communities with transmission strains and photo voltaic panels and wind farms,” McKenzie says.

    She says the Liberal and Nationwide social gathering leaders are analyzing all Coalition insurance policies, together with internet zero, after the election.

    McKenzie has additionally been requested whether or not the Coalition can kind authorities with no dedication to internet zero emissions by 2050.

    She’s sidestepped the query and says the Nationwide Social gathering will “unapologetically” rise up for the pursuits of regional Australians.

    “The Nationwide Social gathering held all of its seats. It misplaced two senators and I am going to go away others to commentate on why and what the consequence was of these two senators leaving our social gathering room,” McKenzie says.

    “So in relation to my job and the position of my social gathering in Australian political historical past, and our future, it’s to be unrelenting in standing up for the pursuits of the 9 million Australians who do not reside in capital cities,” she says.

    1h in the pastWed 14 Might 2025 at 4:42am

    Nationals ‘very influential’ place must be recognised by Liberals, McKenzie says

    Joshua Boscaini profile image

    Nationals senator Bridget McKenzie says her social gathering is in a “very influential and highly effective place” following the election which must be recognised in any future settlement with the Liberals.

    Except for Calare in NSW, the Nationals, which governs in a Coalition with the Liberals, retained all its seats on the final election.

    McKenzie has advised Sky Information there must be a “very severe dialog” about elevating the position of her social gathering, and has hinted on the prospect of the Nationals taking up the treasury portfolio.

    “I believe it is a partnership that has to work for each events. And I believe in the intervening time it’s honest to say that we’re in a really highly effective place,” McKenzie says.

    “Our citizens has backed our proposition very strongly and that must be mirrored in any partnership settlement that we could attain with the Liberal Social gathering.”

    Requested if a rise in Nationals energy might harm the Coalition as an entire, significantly in cities, McKenzie says her social gathering desires to work within the nationwide curiosity.

    “We’re not the Liberal Social gathering. We’re the Nationwide Social gathering. We symbolize the 9 million Australians who do not reside in capital cities,” she says.

    1h in the pastWed 14 Might 2025 at 4:12am

    An replace on Bradfield and Longman

    Joshua Boscaini profile image

    Don’t fret, we’ve not taken our minds off the remaining shut races. Each vote counts!

    Final night time we gave you an replace on the depend in Bradfield between the Liberal Social gathering’s Gisele Kapterian and unbiased candidate Nicolette Boele.

    The citizens moved again to the “unsure” column after the depend narrowed to 59 votes.

    ABC chief elections analyst Antony Inexperienced says the Liberal Social gathering has now elevated its lead from 59 votes to 80 votes after counting simply over 1,000 votes in the present day.

    Inexperienced says Boele will want greater than 53 per cent of the excellent votes to beat the Kapterian’s lead.

    The race in Longman, in Queensland, additionally stays shut.

    LNP’s Terry Younger leads Labor’s Rhiannyn Douglas by simply 122 votes.

    Inexperienced says nearly all of votes to be counted are absent and pre-poll declaration votes — each vote classes which were favouring Labor within the depend up to now.

    2h in the pastWed 14 Might 2025 at 3:52am

    Bowen hits out at ‘funding uncertainty’ created by Coalition internet zero

    Tom Lowrey profile image

    Power Minister Chris Bowen has made his first public look since election night time, and brought intention on the Coalition on its renewed conversations on internet zero.

    After being elected chief of the Liberal Social gathering yesterday, Sussan Ley made clear that the entire social gathering’s insurance policies are on the desk — together with its commitments to local weather targets.

    Some within the Coalition have been brazenly agitating for the web zero by 2050 goal to be dumped.

    Bowen stated a return to the ‘local weather wars’ could be damaging.

    “Internet zero by 2050 isn’t a coverage. It is the naked minimal framework you must work beneath,” he stated.

    “And if Sussan Ley is saying that is up for evaluation, I imply, she could as nicely say the solar developing tomorrow is up for evaluation or the sky being blue is up for evaluation.

    “It is the fundamental framework that so many international locations world wide are dedicated to.”

    Bowen was additionally requested if he would tackle the position of COP president, ought to Australia and the Pacific achieve success in bidding for subsequent yr’s COP31 convention.

    The position of COP president is partly administrative, but in addition entails publicly and privately advocating throughout the globe for elevated ambition in tackling local weather change.

    Bowen left that possibility open.

    “I am certain the prime minister and I’ll have extra to say in regards to the detailed private preparations about how we might implement COP31 on, or shortly after, asserting we’ve efficiently secured the bid,” he stated.

    2h in the pastWed 14 Might 2025 at 3:26am

    Ferguson reveals plan to run for Senate seat

    Courtney Gould profile image

    Hannah Ferguson has revealed she intends to run as an unbiased candidate for the Senate on the subsequent election.

    However she acknowledges it will be an uphill battle.

    “Working for the Senate as an [independent] is nearly unimaginable. In New South Wales, you
    would want 400,000 to 500,000 votes to get the required quantity. That is a troublesome ask,” she says.

    “However operating a marketing campaign and dropping, I believe, can be a strong factor to do to point out different younger ladies that they’ll do the identical factor and that it is not embarrassing, it is really a triumph that you just tried to problem a system and institution.”

    The commentator was additionally requested about why she thought the Greens, who have been distinguished on social media, failed to carry and win seats throughout the nation.

    “I do assume this election is one in every of stability and centrist mentalities within the reality persons are frightened of what they see, rightly or wrongly, of extremes,” she says.

    Ferguson additionally endorsed Sarah Hanson-Younger for the subsequent Greens chief.

    She additionally says she happy the Liberals have “at a naked minimal” elected Sussan Ley as chief. Ferguson thinks at this stage it untimely to remark that the brand new chief might be topic to the “glass cliff”.

    “I believe it is a actually robust one as a result of we’ve not seen a lot from Sussan but,” Ferguson stated.

    “What I believe is extra prone to occur, sadly, is that Sussan Ley is a brief placeholder for whoever decides to knock her off in 6-18 months. That is as a result of the Liberal Social gathering will not really reckon with itself and can return to the previous
    methods as a result of they’ve swung to this point to the suitable.”

    2h in the pastWed 14 Might 2025 at 3:11am

    Regulation must be thought of for influencers, content material creators

    Courtney Gould profile image

    Throughout her speech, Hannah Ferguson expressed a willingness for there to be an regulation within the new media area. However how would that work?

    The Cheek media boss says influencers should not be “collaboratively positing with politicians” as a result of she thinks that acts as an endorsement.

    “Even when we will say it is clearly not, I believe the general public are honest to be confused by that when consuming Instagram content material,” she says.

    “At a social media degree, there must be clear laws and steering in relation to authorisations, endorsements, collaborative posting.”

    In the course of the election marketing campaign, podcast content shared by Abbie Chatfield of both Greens leader Adam Bandt and Prime Minister Anthony Albanese were investigated (and given the all clear) by the Australian Electoral Fee. 

    Electoral content material requires authorisation whether it is designed to affect how somebody votes and whether it is paid for by a political social gathering, candidate or “vital third social gathering.”

    However, there are exemptions for information or real editorial content material, of which the AEC stated there have been many circumstances the place posts by social media influencers might meet this definition.

    3h in the pastWed 14 Might 2025 at 2:59am

    Influencer was used to ‘undermine our intelligence’: Cheek media boss on the election

    Courtney Gould profile image

    Whereas the treasurer has been speaking about wages, Cheek Media chief government and host of the Massive Small speak podcast Hannah Ferguson has been talking on the Nationwide Press Membership.

    Ferguson began her Instagram account again in 2020, which she says within the lead as much as the election marketing campaign was seen nearly 20 million occasions by 4 million Australians.

    Whereas she’s centered on serving to folks “develop media literacy,” Ferguson says she’s by no means claimed to be a journalist — and has at all times been “forthcoming about [her] partisan views”.

    “Analysis tells us that greater than half of Australians get their information on social media, however I do not ever wish to be seen as a supply of breaking headlines. My intention is to supply opinions, distribute concepts and ask folks to have a look at their very own ethical compass in relation to mine,” she advised the Press Membership.

    The content material creator used her speech to select aside the focus of media and the way influencers like herself have been handled by conventional media through the election marketing campaign.

    “Influencer has been the dirtiest phrase of this marketing campaign … Whereas that phrase merely means to have affect over a gaggle, we all know that the Murdoch media has reserved this group for younger ladies,” she stated.

    “The agenda is obvious: to undermine our intelligence, to color us as untrustworthy, and to conflate us with inexperienced juice and a reduction code.

    “There may be nothing fallacious with being an influencer, however the label is meant to trigger vital reputational harm. The affect is deeply misogynistic.”

    She says Peter Dutton’s refusal to interact with new media platforms, significantly these run by ladies, was a purpose for his election loss. 

    3h in the pastWed 14 Might 2025 at 2:46am

    Chalmers requested about ASIC allegations in opposition to Macquarie

    Joshua Boscaini profile image

    Jim Chalmers has been quizzed in regards to the Australian Securities and Investments Fee’s (ASIC) transfer to sue the broking arm of Macquarie.

    The monetary regulator alleges Macquarie misled the market by misreporting millions of short sales over greater than a decade.

    Chalmers says whereas he cannot touch upon the main points of that individual case, he desires to make sure all establishments are enjoying by the foundations.

    “We wish to make it possible for all people’s enjoying by the foundations in our economic system and particularly in our monetary system and the regulators play an necessary position in guaranteeing that and I assist their work,” he says.

    He says the federal government has ensured that ASIC is appropriately resourced and has the means to take motion.

    “The truth that ASIC is on the case right here is an encouraging signal that they are doing their necessary work,” he says.

    3h in the pastWed 14 Might 2025 at 2:39am

    Chalmers says Labor’s superannuation adjustments will have an effect on a ‘tiny sliver’ of the inhabitants

    Joshua Boscaini profile image

    Jim Chalmers says in the present day’s wage figures are encouraging and quantities to 6 consecutive quarters of wage progress.

    “It is a very pleasing, very encouraging end result that we have seen in in the present day’s information,” Chalmers says.

    He is been requested about Labor’s proposed adjustments to superannuation taxation, which might contain doubling the tax price for folks with superannuation account balances price greater than $3 million.

    Chalmers says they’re modest adjustments that solely have an effect on a “tiny sliver” of individuals.

    “It is a modest change but it surely makes a distinction to the finances and that is why we put it ahead greater than two years in the past,” he says.

    3h in the pastWed 14 Might 2025 at 2:28am

    We’re standing by for Jim Chalmers

    Joshua Boscaini profile image

    Treasurer Jim Chalmers is about to face up in Brisbane to debate the most recent wage figures.

    As you may need learn earlier, the Wage Value Index has elevated to 3.4 per cent within the first quarter of 2025.

    We’ll convey you all of the updates right here reside.

    3h in the pastWed 14 Might 2025 at 2:21am

    Chinese language President Xi Jinping congratulates Albanese on re-election

    Bang Xiao profile image

    Chinese language President Xi Jinping has formally congratulated Anthony Albanese on securing a second time period as Australia’s prime minister.

    In a press release launched final night time, Xi stated that over the previous three years, he had met with Albanese and held in-depth discussions on “strategic, complete and directional points” in regards to the China–Australia relationship.

    He says these talks have led to “necessary consensuses” that offered strategic steering for bettering and rising bilateral ties.

    Xi additionally burdened the importance of strengthening cooperation between the 2 international locations in “reaching shared growth and selling world peace and stability”.

    “I’m able to work with Prime Minister Albanese to advance the China–Australia complete strategic partnership in a gentle style, delivering higher advantages to the folks of each international locations,” Xi says.

    Chinese language Premier Li Qiang has additionally despatched a congratulatory message, expressing China’s willingness to work with the Australian authorities to advertise a relationship that’s “extra mature, steady and fruitful”.

    As is customary, the Chinese language officers issued the message after Albanese was formally sworn in by the governor-general.

    However this yr, Beijing confirmed its curiosity even earlier, with China’s foreign ministry releasing a late-night congratulatory statement on election night, regardless of it being a nationwide public vacation.

    The timing advised a powerful sign of consideration and recognition from Beijing.

    The ABC has contacted the prime minister’s workplace for remark.

    3h in the pastWed 14 Might 2025 at 2:09am

    Wages rise 3.4 per cent at begin of 2025

    Joshua Boscaini profile image

    The Wage Value Index rose 0.9 per cent within the first quarter of 2025, in line with the Australian Bureau of Statistics.

    That took the annual progress to 3.4 per cent, up from 3.2 per cent.

    Head over to our enterprise weblog within the hyperlink beneath to take a better look and what that information means for Australia.

    4h in the pastWed 14 Might 2025 at 1:56am

    First Nations leaders urge ‘daring’ reforms on fact, treaty and shutting the hole

    the Indigenous Affairs Team's Carly Williams, Stephanie Boltje and James Vyver profile image

    By the Indigenous Affairs Staff’s Carly Williams, Stephanie Boltje and James Vyver

    The Albanese authorities should use its historic mandate and standing with the citizens to ship the remaining reforms of the Uluru Assertion, specifically treaty and truth-telling, Indigenous leaders say.

    Greens senator from Western Australia, Dorinda Cox, will reintroduce her invoice for a Reality and Justice Fee later within the yr.

    She stated she hoped federal Labor would assist it.

    “Labor do have the flexibility, it is solely going to take braveness,” Senator Cox advised the ABC’s Indigenous Affairs Staff.

    “The failed Voice referendum meant that we would have liked to pivot into a brand new chapter, and truth-telling and treaty are the brand new chapter.

    “If Labor is admittedly severe about supporting First Nations rights … they’ll ship on these points.

    “I hope they might be courageous sufficient.”

    4h in the pastWed 14 Might 2025 at 1:37am

    Labor focus might be on chopping HECS debt, Burns says

    Joshua Boscaini profile image

    Josh Burns has been requested about whether or not Labor’s proposed adjustments to superannuation, that may see the tax price elevated on accounts over $3 million, ought to go forward.

    Burns has sidestepped the query and says the PM’s first precedence might be lowering HECS money owed by 20 per cent.

    He says he’ll go away it to the frontbenchers to stipulate the federal government’s priorities shifting ahead.

    4h in the pastWed 14 Might 2025 at 1:20am

    Burns respects Mark Dreyfus ‘immensely’

    Joshua Boscaini profile image

    Josh Burns has been requested on Sky Information what he thinks of the dumping of Mark Dreyfus as attorney-general.

    Mark Dreyfus and Ed Husic have been each dropped from the Labor frontbench.

    Second-term Labor MP Sam Rae and fellow Victorian Daniel Mulino have been promoted to the frontbench of their place.

    Burns says Dreyfus is a good one who he respects immensely and has contributed to reforming the Household Legislation Act and doxing legal guidelines.

    “Nobody’s political profession lasts without end however I do know Mark Dreyfus has much more to offer and he is somebody I respect immensely,” Burns says.

    4h in the pastWed 14 Might 2025 at 1:07am

    Josh Burns says fallout of Israel-Gaza struggle was an element this election in his group

    Joshua Boscaini profile image

    Labor MP Josh Burns says the Jewish group in his citizens wasn’t shy about giving him recommendation of how they have been feeling in regards to the Israel-Gaza struggle within the lead as much as the election.

    Burns has advised Sky Information there have been swings to the Liberal Social gathering in elements of his citizens the place there are massive Jewish communities.

    “I believe that is one thing that we as a Labor Social gathering must be humble about, and that we have to know,” Burns says.

    “I’ve already reached out to senior members of the [Jewish] group, and [examine] how can we convey the group and the Labor Social gathering again.”

    Burns is requested whether or not his constituents felt the Albanese authorities wasn’t sympathetic to their issues.

    He says the assaults on Jewish establishments throughout Australia, together with on his citizens workplace, was overwhelming and horrifying for his Jewish constituents.

    “I believe folks have been simply afraid. I imply it was very confronting and so in that second they’re in search of something to assist,” he says.

    5h in the pastWed 14 Might 2025 at 12:56am

    Liberal official walks again comment about Ley’s longevity as chief

    Courtney Gould profile image

    One of many Liberal Social gathering’s high officers has walked again a remark the place she appeared to query how lengthy Sussan Ley would final within the job.

    Liberal vice-president Fiona Scott joked that “a day’s a very long time in politics” when requested how lengthy Ley’s management would final throughout an look on 9 this morning.

    However hours in a while Sky Information, Scott argued folks should not learn into her tongue-in-cheek comment.

    “That was only a little bit of a joke on the time,” she stated.

    “I did go on to make clear that I completely assist Sussan. I believe it is a great step ahead.”

    Requested once more if she had any issues in regards to the longevity of Ley’s management, she responded: “No, in no way”.

    “Politics as you recognize, strikes very, very quick. So look, a day is a very long time. However we even have had opposition leaders like Tony Abbott that, you recognize, took us to an election practically gained, after which stayed on as opposition chief,” she says.

    “I believe you have to see as we ebbs and flows as issues transfer ahead. However I believe Sussan and Ted that they don’t seem to be there for a short while. They’re there to assist rebuild and refocus our social gathering, and I am fully assured that each of them will accomplish that.”

    So does she view the present management as a placeholders whereas the social gathering rebuilds?

    “I do not assume so. And I really assume it is fairly unfair on each of them to say so,” she stated.

    5h in the pastWed 14 Might 2025 at 12:39am

    The marketing campaign was derided as uninteresting, however the election aftermath kicks like a shirty mule

    Annabel Crabb profile image

    Sussan Ley assumes custody of the Liberal Social gathering at a very upsetting time in its 81-year historical past. Of the critically depleted Liberal ranks assembly in Room GR-114 yesterday, Ley gained 29 votes. Her rival, Shadow Treasurer Angus Taylor, gained 25.

    It might be approach too simplistic to interpret this roughly half-half break up as a division between Liberals who assume that campaigning on nuclear power, anti-immigration and tradition struggle points was a horrible concept, and those that assume the issue was that they did not go laborious sufficient.

    However the closeness of the consequence completely confirms the dimensions of Ley’s reconstruction job.

    Learn the total evaluation within the hyperlink beneath.

    6h in the pastTue 13 Might 2025 at 11:53pm

    PM’s ‘shocking’ go to to Indonesia

    Courtney Gould profile image

    The prime minister’s choice to decide on Indonesia as his first abroad journey since being re-elected has been labelled “shocking”.

    Anthony Albanese is flying to Jakarta later in the present day for high-level talks with Indonesian President Prabowo Subianto.

    Affiliate professor Teuku Rezasyah from Indonesia’s Padjadjaran College says the journey alerts the nation stays a high international coverage precedence for Australia.

    “This can be a shock right here that Prime Minister Albanese go to Indonesia at some point after his inauguration. It reveals the bilateral significance to one another,” he stated.

    Take heed to the total interview beneath.



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