News live: King Charles praises ‘ambitious’ Aukus and expresses pride in Australia in speech to US Congress
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Queensland health minister still has major concerns about Thriving Kids
Tim Nicholls, the Queensland health minister, said the state still has major concerns about the federal government’s Thriving Kids program, which will move children under nine years old with mild development delays and autism off the NDIS. Queensland is the only state yet to sign on to the plan, which is expected to be fully set up by 2028.
Nicholls told RN Breakfast this morning:
We want to make sure that any system that does replace what the Commonwealth is trying to do – and let’s face it, the Commonwealth is cost shifting to the states in regard to this – is able to provide the adequate supports that people need in those circumstances in those early years. …
We’re not going to sign up to that until we’re convinced that there is a program that can be done.
He said Queensland and New South Wales had major obligations when it came to the number of people affected when compared to other states and territories:
We want to make sure we get it right and don’t leave kids who need support and their families out of the considerations we’re taking.
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Australian journalism ‘critical to our democracy’, assistant treasurer says
Daniel Mulino, the assistant treasurer, said journalism is “critical to our democracy”, adding the effort to get tech companies to pay for Australian reporting was meant to combat the internet “undermining” the way news companies traditionally made money.
Mulino spoke to RN Breakfast, saying the new plan was about getting tech giants to enter into commercial arrangements with media companies so they pay a “fair amount” for the content they use.
Mulino said:
We know that journalists tell Australian stories. They inform us about what’s going on in our community and the broader world, but also public interest journalism in particular. Independent, high-quality public interest journalism is critical to our democracy.
He said some sites, like LinkedIn, were excluded as they didn’t have the same market power as others and were of a “different nature” than platforms like Facebook. AI platforms are also excluded, Mulino said, as they are being “dealt with through other processes”.
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Nationals leader welcomes effort to get Google, Meta and TikTok to pay for local news
Nationals leader Matt Canavan said he welcomes the plan to get tech giants to pay for Australian news after Anthony Albanese urged Google, Meta and TikTok to make deals with local media outlets to avoid a dedicated levy on their local revenues.
Canavan spoke to RN Breakfast this morning, saying he was disappointed to see the previous Morrison government’s news media bargaining code “wither on the vine”.
I absolutely do think that the large overseas big tech companies should be contributing to the new services of all Australians. Especially here in rural and regional Australia.
We have seen a lot of our media collapse, especially since Covid. That has had a very big effect on the town I live in, lots of other country towns, where you can’t get your issues elevated as much as you used to without a daily newspaper.
Printed newspapers are really important. Old technology is really important. It just doesn’t work online.
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US alliance still 'robust' despite voter disapproval, Paterson says
James Paterson, the Coalition’s defence spokesperson, was asked on ABC’s 7.30 last night about how the opposition would deal with the Trump administration and he said it was “inarguable” that Australians have less support for the US alliance under the current US government.
But the Liberal frontbencher said public opinion did not affect the “robust” alliance.
Despite the clear signal of disapproval for Trump in Australian polls, he told 7.30:
I don’t think that actually changes the fundamentals of the US-Australia alliance. It’s still incredibly robust at other levels but I think we should be adult and be honest and acknowledge that that has had an impact on how Australians view the United States. . … It doesn’t mean, though, that Australia’s national interest has changed, even if Australians disapprove of this administration.
Paterson said Australia’s bases for US submarines and the Pine Gap intelligence base tied the countries together.
The alliance is about more than just the personalities of any one commander-in-chief … Frankly, it’s in America’s national interest. What Australia offers the United States, it cannot get from elsewhere.
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Good morning, Nick Visser here to pick up the blog. Let’s see what the day has in store.
The projects would need to comply with proposed new national environmental standards, which government sources insist will be in place before the bilateral agreements are negotiated.
Albanese has previously explained that instead of a costly two-stage, two-track process, the government wants a one-step process, “with one, clearer, faster, yes or no” that can act as a “circuit breaker”.
The prime minister will address the miners following reports last week that he had ruled out introducing a new tax on gas exports in the 12 May federal budget – a policy the industry vehemently opposes.
In the speech to the Chamber of Minerals and Energy WA, Albanese will frame the budget as the most ambitious and important since Labor returned to power in 2022 as the government grapples with the impact of the Iran war and global fuel crisis.
Albanese will say:
None of us here can determine when this war will end. But all of us can choose how we respond to the economic challenges it is creating. We can choose what we learn from this global crisis, even before it ends. And we can choose what we are going to do differently, as a country. What we will build and change and reform, so that Australia does more than weather this storm, we emerge from it as a stronger, fairer and more resilient country.
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Albanese to announce ‘circuit-breaker’ to fast-track mining, energy and housing applications
The federal government has pledged new funding to help the states and territories strike agreements that would allow them to assess and approve projects themselves under new federal nature laws.
Anthony Albanese will make the four-year, $45m announcement in a speech to a mining industry event in Western Australia, describing the deals as a “circuit-breaker” that will fast-track mining, energy and housing applications.
The new “single-touch” regime was a feature of Labor’s rewrite of the Environment Protection and Biodiversity Conservation Act (EPBC Act), which passed the parliament last year under a deal with the Greens.
Labor had previously opposed handing federal environmental approval powers to state and territory governments, including iterations of the policy that were put forward by the Abbott and Morrison governments.
If deals are struck, the states and territories would be able to greenlight projects without requiring a separate commonwealth assessment.
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Markets braced for inflation shock
Consumer price data released later this morning will confirm the Iran war is delivering a major inflationary shock to the economy thanks to soaring fuel prices.
Economists at Westpac predict inflation jumped by 1 percentage point to 4.7% in the year to March, based on the monthly consumer price index figures.
The Australian Bureau of Statistics also reports more established quarterly figures, and by this measure annual inflation will jump to 4.2%, from 3.6% in the year to the December quarter.
Inflation was already running too high for comfort before the US and Israel began the Middle East conflict on 28 February, and the latest numbers will underline the case for another Reserve Bank interest rate hike next Tuesday.
Economists say inflation is set to accelerate from here as higher fuel costs spread through the economy and drive a broader lift in prices.
For example, the Westpac economists expect inflation to reach 5.8% in May, and only retreat to 4.7% by the end of this year.
For context, the RBA’s official target is 2.5%.
But central bank officials will be aware that the Iran war will smash economic growth, and the RBA’s board will be weighing this against the need for more rate hikes.
Read more here:
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King Charles praises 'ambitious' Aukus in speech to US Congress
King Charles’s address to the US Congress has been covered over in our US politics blog (check it out here).
But it’s worth noting that Australia got a shout-out, and specifically the Aukus nuclear submarine program, in a section of the speech that pointedly dwelt on the importance of defence ties between the US and UK (and Nato more broadly).
The king said:
Our defence, intelligence and security ties are hardwired together through relationships measured not in years, but in decades.
Today, thousands of US service personnel, defence officials and their families are stationed in the United Kingdom, as British personnel serve with equal pride across 30 American states.
We are building F-35s together.
And we have agreed the most ambitious submarine programme in history, Aukus.
And we do so in partnership with Australia, a country of which I am also immensely proud to serve as sovereign.
We do not embark on these remarkable endeavours together out of sentiment.
We do so because they build greater shared resilience for the future, so making our citizens safer for generations to come.
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Welcome
Good morning and welcome to our live news blog. I’m Martin Farrer with the top overnight stories and then it’ll be Nick Visser with the main action.
Consumer price data coming out today is expected to show the sharp shock that the US-Iran war has dealt to our economy (and our wallets).
And overseas, King Charles has addressed the US Congress and found time to praise Australia and spruik the Aukus nuclear submarine program, in a section where he dwelt on the importance of defence ties between the US and UK.
More on these stories, and more, coming soon.
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