Politics, election latest: Jim Chalmers says RBA rate cut in May could be 50 basis points
Jim Chalmers warns the repercussions of US tariffs are yet to play out, says the market expects up to four interest rate cuts this year, and there are 'concerns about the Chinese economy'.
Welcome to The Australian's rolling coverage of week two of Federal election 2025 and all the latest news from Canberra and around the country. Anthony Albanese is in Sydney after starting the day campaigning in Melbourne; Peter Dutton is in Adelaide.
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High Court dismisses CFMEU challenge
The court rejected a legal challenge to the federal government’s takeover of the CFMEU’s construction division, in a win for Labor and a defeat for the union’s sacked officials.
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Scott Morrison’s appeal to Trump on AUKUS
Scott Morrison says Anthony Albanese needs to provide incentives for Donald Trump to take ownership of AUKUS to secure its future.
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