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The Latest Breaking News from Labor

Australians facing short-term downturns on their superannuation balances as retirement balances hit by share market turmoil

Australians have lost thousands of dollars on their superannuation savings over the past financial year. And in the coming months, with interest rates rising and share markets so volatile, retirement balances could take a bigger hit.

ABC News

AEMO calls for urgent investment in key projects to shore up electricity supply

More than $12 billion of investment in new transmission lines should begin "as urgently as possible" to ensure electricity supply is secure in the coming decade, according to the Australian Energy Market Operator.

ABC News

Pay rise won 'for those who kept us going'

Treasurer Jim Chalmers says the new Labor government has fought for the minimum wage rise up to 2.8 million Australians will receive from July 1.

AAP

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Emissions talks with crossbenchers under way as Bowen leaves door open to change

Chris Bowen stated Labor’s target of reducing emissions by 43 per cent was not capped – now acknowledging climate cuts may go deeper.

The New Daily

Labor-led Senate inquiry to call for axing of Liberal-dominated AAT

Mark Dreyfus ‘cannot have confidence’ in current make-up of Administrative Appeals Tribunal, but won’t be drawn on recommendation to scrap body

The Guardian - AU

Chris Bowen to announce review of carbon credits system after expert labelled it a ‘fraud’

Climate change minister says inquiry needed as carbon offset scheme is integral to target of 43% emissions reduction by 2030

The Guardian - AU

'Forgotten' renters hope recent federal election will turn the tide for housing policies

Rosie Wallis has been renting her entire adult life and, like many renters, she has felt neglected — politically — in a nation that tends to focus on home buyers.

ABC News

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Barilaro changed rules before taking $500,000 job

The chosen candidate for a plum overseas trade role was dumped after changes requested by then NSW deputy premier John Barilaro, who later took the job.

Newcastle Herald

Australia prioritizes reducing emissions and cheaper EVs

Australia’s new government is putting climate change at the top of its legislative agenda when Parliament sits next month for the first time since the May 21 election, with bills to enshrine a cut in greenhouse gas emissions and make electric cars cheaper

The Independent UK

Does Labor have ‘total control’ in Western Australia?

Just before the Western Australian state election in March 2021, the then leader of the Liberal Party did an unusual thing. He conceded defeat – but then asked voters to stop premier Mark McGowan’s Labor Party from achieving “total control” of the state.

The Conversation

AUKUS nuclear submarine plan to be revealed by March 2023

Australia's future nuclear submarine plans are expected to be unveiled early next year, with the government also looking to detail its moves to fix a looming capability gap.

ABC News

Future of Australia's Great Barrier Reef hangs in the balance

As experts gather at a UN Ocean Conference in Lisbon, UN Secretary-General Antonio Guterres has warned that the world is facing an "ocean emergency". In Australia, the Great Barrier Reef recently suffered another mass bleaching event, just months after a UNESCO committee recommended the World Heritage Site be listed as…

France 24

Labor Department warning opens divide on crypto in 401(k) plans

WASHINGTON — Lawmakers and investor advocates are ringing alarms over the idea of allowing cryptocurrency into 401(k) and other retirement plans, especially after a turbulent month that saw some projects implode and other cryptocurrencies go into free fall.

Tribune News Service

Australia’s 35 newly elected MPs head to ‘parliament school’

New MPs will hear from clerks, whips, former MPs, the outgoing speaker, the federal police and Asio on the inner workings of Parliament House

The Guardian - AU

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ABC News

Labor unveils 'clean slate policy' as part of last-minute tweak to controversial jobseeker reforms

Last-minute changes to Workforce Australia — the system replacing jobactive next week — have been made. Here's what you need to know about the 11th-hour changes.

Newcastle Herald

'Here to be a big voice for the Hunter:' Repacholi's day one in the House

Mr Repacholi told reporters that one of the big differences is that people at Parliament House are calling him "Mr Repacholi" now.

ABC News

NSW Premier Dominic Perrottet discussed New York trade role with John Barilaro at a social function

Dominic Perrottet reveals that the former deputy premier John Barilaro told him informally that he wanted the plum US posting, an appointment which has since sparked a parliamentary inquiry.

The Conversation

Shifting from chaplains to secular student welfare officers can be divisive. Here's how schools can manage the risks

The new federal Labor government is ending the compulsory religious aspect of the A$60 million-a-year National School Chaplaincy Program. The change comes as newly released census data show only 44% of Australians now identify as Christian. The new rules will give Australian schools a fresh choice between a chaplain or…

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The Conversation

Final 2022 election results: Coalition routed in cities and in Western Australia – can they recover in 2025?

At the May 21 federal election, Labor won 77 of the 151 House of Representatives seats (up eight since 2019 when adjusted for redistributions), the Coalition won 58 seats (down 18), the Greens four (up three) and all Others 12 (up seven). This was a Labor majority of three.

The Conversation

What does equity in schools look like? And how is it tied to growing teacher shortages?

When Prime Minister Anthony Albanese declared victory on election night, he said he wanted to unite Australians around “our shared values of fairness and opportunity, and hard work and kindness to those in need”.

Newcastle Herald

NSW Labor pledges to get Hunter manufacturing rolling again

The state's shadow treasurer Daniel Mookhey says the Lower Hunter could undergo a renaissance as a rail manufacturing hub with the right government support.

The Guardian - AU

Guardian Essential poll: voters back minimum wage rise but divided on Labor’s climate target

A third of respondents think Albanese should adopt a more ambitious emissions target, while nearly half blame the Coalition’s climate wars for the energy crisis

The New Daily

‘Worst-case scenario’: Aged-care staff shortages double in nine months

Australia’s aged-care industry is hurtling towards a “worst-case scenario” as growing staff shortages threaten to derail efforts to improve care.

The Independent UK

Australian data: Greenhouse gas emissions rose in 2021

Australia’s new government has blamed the previous administration’s inaction for an increase in the nation’s greenhouse gas emissions last year

The New Daily

Anthony Albanese goes against recent history with crossbench cuts

With the PM out of the country, crossbench Senators gave the pointed warning that the decision would affect their ability to vote on bills.

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