That’s a wrap. Thanks for following our live coverage this Wednesday, May 14, 2025. We will have more for you in our next live news coverage.

Here are some of the stories we covered today:

• Albanese, Dutton won’t be exempt from $3m super tax: Treasurer Jim Chalmers confirmed both Anthony Albanese and Peter Dutton will not be exempt from the proposed superannuation tax changes.

• Missing election ballot papers found at worker’s home: Australia’s independent election overseer has apologised after more than 1800 missing federal ballot papers were discovered at the home of a transport worker.

• Labor ministers told to ‘talk sense’ to Chalmers on super tax: Opposition finance spokeswoman Jane Hume called on Labor’s new assistant ministers, Daniel Mulino and Andrew Charlton, to talk sense into Treasurer Jim Chalmers to drop the “retirement tax” on superannuation balances above $3 million.

• Liberal vice president suggests Ley could only last a day: Liberal federal vice president Fiona Scott has joked that Opposition Leader Sussan Ley might only last a day in her new role.

• Usual rules don’t apply with Trump: Foreign Minister Penny Wong says the usual rules do not apply when dealing with Donald Trump.