Monday, 13 February 2023

Australia politics live: Queensland on high alert as bushfires rage, Vanuatu PM to meet Albanese

The south-west of the state has multiple fires in hot conditions; climate change tops the agenda as Alatoi Ishmael Kalsakau arrives in Canberra

Labor is working to get its national reconstruction fund through the parliament. The Coalition is against it so the Greens and senators like David Pocock and Jacqui Lambie and Lidia Thorpe are in the negotiating seat.

The Coalition being against the fund has been a stick in Labor’s craw for some time and is now dominating its parliamentary questions to its ministers.

The opposition is basically defining itself as a party which is opposed to everything. The national reconstruction fund, about kick starting manufacturing in this country and having more things made in Australia, seems to be a no brainer to me, who could be against that? Peter Dutton.

Housing fund is about ensuring we build more houses in the middle of a housing crisis. And provide more social and affordable housing for people struggling.

We know there’s around 800,000 mortgage holders who haven’t yet felt the full brunt of the interest rate increases that are already in the system. They don’t start to cycle off until midyear.

Which is why we think there’s already a fair bit of pressure in the system. And we’re hoping that we don’t see further interest rate increases and we’re from our part saying that budget restraint will be delivered, budget repair also delivered, doing our bit to firm up the supply chains that are also adding inflationary pressures to the Australian economy.

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from World news | The Guardian https://ift.tt/1u50PWI

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