News live: Chalmers reveals $149bn cut to national debt under Labor; Australia overtakes Russia in Asia influence rankings

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Treasurer Jim Chalmers says gross debt at the end of 2023-24 was $907bn. Follow the day’s news liveGet our breaking news email, free app or daily news podcastKaty Gallagher was also up on ABC RN this morning, where she was again asked about the Greens’ position regarding the RBA reforms. She responded:Well, I just think the Greens are out of control at the moment, full of self importance and out seeking populist approach to everything. It’s crazy what they’re saying to us.So if that’s their ultimatum – and you know, it’s a bit unseemly, Nick McKim going around issuing ultimatums – you know, no, we won’t work with that, because that is crazy. It’s economically irresponsible, and we won’t do it.They remain on the table. We’re pretty keen on them. So is the bank, and we certainly thought that the Reserve Bank support for these reforms would sway the Liberal Party… The treasurer has been working with the shadow treasurer closely on it, but they’ve dealt themselves out, for whatever reason…[The Greens are] just trying to be populist, but [that] can cause a lot of damage at the same time… The Greens political party are teaming up with the Liberal Party. I think it’s Peter Dutton and Adam Bandt working together to frustrate sensible challenges that are in the long-term interests of the country. Continue reading…

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Source link : https://www.theguardian.com/australia-news/live/2024/sep/23/australia-news-live-politics-debt-cut-chalmers-labor-russia-asia-influence-rankings-weather-fire

Author : Emily Wind

Publish date : 2024-09-23 00:07:59

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