That’s a wrap. Thanks for following The Australian Financial Review’s live coverage this Monday, May 19. Join us tomorrow for more coverage.

Here are some of the stories we covered today:

• Monique Ryan demands government scrap ‘harmful and unfair’ super tax: The recently re-elected teal independent has joined the pile-on against Labor’s plans to increase the tax on $3 million-plus superannuation accounts.

• Carbon offsets set aside following greenwashing lawsuit: One of Australia’s largest energy firms has issued an apology to more than 400,000 customers, acknowledging that carbon offsets “do not prevent or undo harms” caused by burning fossil fuels.

• PM promises more Ukrainian support in Vatican meeting: More tanks from Australia are “on their way” to Ukraine, the prime minister has told President Volodymyr Zelensky, as Anthony Albanese was urged to apply further sanctions on Russia.

• Company tax cut could boost investment: Productivity Commission boss Danielle Wood says reforming the corporate tax system could stimulate business investment, which has been flatlining for 15 years.

• PM meets Pope, EU seeks defence pact: Anthony Albanese spoke to Pope Leo XIV about his mother after being ushered into St Peter’s Basilica in Rome following the Catholic leader’s inauguration mass.