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Treasurer Jim Chalmers and RBA governor Michele Bullock.

Why rate cuts are at risk from Labor’s $3.5b cost of living relief

More handouts to secure votes in next year’s election will derail any chance of an early rate cut, investors warn.

  • Updated
  • Cecile Lefort
Kristalina Georgieva

Labor’s plight is not unique but the solution remains elusive

As each month passes without noticeable improvement in the cost of living, it’s all starting to appear rather fraught for the government.

  • Phillip Coorey
Prime Minister Anthony Albanese arriving in Rio de Janeiro with his fiancé, Jodie Haydon.

Dutton best suited to handle Trump, Labor still facing minority: poll

The Australian Financial Review/Freshwater Strategy polling shows the Albanese government remains behind the Coalition on a two-party preferred basis.

  • Phillip Coorey

Queensland LNP puts heat on Albanese before federal election

In just three weeks of being in government, the LNP’s first taste of power in the state in nearly a decade has been frenetic, with clear signals to Canberra.

  • James Hall

Campaign finance laws could reduce not increase political competition

The community independents are right that this legislation is too important to be rushed through parliament in the final two sitting weeks.

  • Richard Holden
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Treasurer Jim Chalmers.

Chalmers warns against Dutton comeback as interest rate hopes fade

Capital Economics became the latest forecaster on Friday to push back their forecast for the RBA’s first cash rate cut beyond the next election.

  • Tom McIlroy and Michael Read
Mining magnate Clive Palmer launched a Federal Court action over the Voice referendum.

Palmer set to challenge Albanese donation plans in court

Labor designed its plan for new political donations rules to withstand a constitutional challenge, but the billionaire miner says it is designed to rig elections.

  • Tom McIlroy

Can Dutton pull off a victory like Trump?

The Republican’s appeal to blue-collar battlers is a template the opposition leader seems determined to follow. But will it work?

  • Andrew Tillett and Tom McIlroy
The reforms would limit spending by high profile independents.

Election donation rules target Palmer and Climate 200

New rules due to come into force in 2026 will cap spending in federal elections and dramatically speed up public disclosure rules.

  • Tom McIlroy
Telstra chief Vicki Brady says long term thinking is badly needed in Australian politics.

Why the Telstra CEO is worried about next year’s federal election

Telstra boss Vicki Brady said long-term thinking was needed in Canberra, something that could be difficult if neither party has a majority in parliament.

  • Tom McIlroy and Lucas Baird
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Musk and Trump have formed a political alliance that should last for a long time.

Musk rings alarm bells for business of government

Why the appointment of the world’s richest man to a cost-cutting role in the Trumpiverse challenges Labor’s approach to government in Australia.

  • Jennifer Hewett
Anthony Albanese his relationship with Donald Trump is off to a flying start

Albanese channels Turnbull in Trump tariff fight

The Albanese government says the US has nothing to gain from imposing tariffs on Australia as it already enjoys a trade surplus.

  • Phillip Coorey
Bridget McKenzie,

Public support for migration has ‘snapped’: Coalition

The cost-of-living crisis and the post-pandemic surge in arrivals has broken the social compact on migration, says Coalition frontbencher Bridget McKenzie.

  • Phillip Coorey and Rohan Sullivan
As one Labor minister said, it’s now about having to win the campaign before the campaign begins.

Why we may not see another budget before the election

The government might not deliver another budget before the election, even though it says it will. The reason? Deficits as far as the eye can see.

  • Phillip Coorey

The lessons in Trump’s victory for Albanese

Despite many indicators pointing to a period of economic strength, America’s working class did not feel well served by the Democrats and voted for change.

  • Ronald Mizen
Steven Kennedy has played down the prospect of changes to negative gearing or capital gains tax.

Changing CGT, negative gearing won’t help housing supply: Treasury

Treasury secretary Steven Kennedy says curbing the capital gains tax deduction would have more impact on lowering house prices than changes to negative gearing, but neither would help boost supply.

  • Phillip Coorey and Hannah Wootton

Markets push rate cut bets beyond the next election

Investors now expect the RBA to leave the cash rate on hold until July 2025, raising the possibility Labor could fight an entire campaign without a rate cut.

  • Michael Read
Two demographic trends in Donald Trump’s favour are set to play out in the next federal election between Anthony Albanese and Donald Trump.

Two drivers of Trump’s popularity may haunt Albanese

Demographic groups, united by grievances about economic opportunity, may not be enough to get Donald Trump elected, but their shift to the right is remarkable.

  • Updated
  • Jessica Gardner
Cancelling loans penalise non-graduate taxpayers and those who repaid debt diligently.

The silly season for bad policy has started

Previous governments went for hard and unpopular reforms. Anthony Albanese chooses the easy and populist.

  • John Kehoe
Reserve Bank governor Michele Bullock.

Unlike Albanese, RBA not declaring mission accomplished on inflation

When it comes to inflation, we are at the point where spin is clashing with substance.

  • Phillip Coorey
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David Rowe

Higher interest rates are partly Labor’s doing

The unfortunate truth for Prime Minister Anthony Albanese is that the elevated interest rates will play a big part in next year’s election.

  • The AFR View
Peter Dutton wants MPs to avoid discussing abortion in the election run-up.

Steer clear of abortion debate, Dutton warns colleagues

The Queensland LNP’s dalliance with abortion cost it significant support in the state election campaign and the opposition leader wants to avoid that happening federally.

  • Phillip Coorey
Anthony Albanese mingles with students at parliament on Monday

Cheaper arts degrees after Labor ‘unscrambles’ uni fees

The Albanese government is poised to unveil permanent measures to lower student debt, on top of the one-off $16 billion reduction.

  • Phillip Coorey
Prime Minister Anthony Albanese

PM’s plan to spend Labor’s way out of trouble

Over the weekend we saw the emergence of a plan, or at least the latest plan, to try to shift the government out of its torpor.

  • Phillip Coorey
Prime Minister Anthony Albanese is desperate for gains in Queensland.

The four seats that matter most out of the Queensland election

Queensland was said to be critical for Labor to avoid minority government but the election crystallised a concerning dip in support. Here are four seats to watch.

  • James Hall and Tom McIlroy

Original URL: https://www.afr.com/politics/federal/election