Anthony Albanese

PM to update state and territory leaders and is weighing options to increase oil refining in Australia. Follow today’s news liveGet our breaking news email, free app or daily news podcastGood morning and welcome to our live news blog. I’m Martin Farrer with the top overnight stories. Nick Visser will take the reins shortly.Anthony Albanese will convene the national cabinet again in coming days to discuss the fuel crisis, he told the ABC’s 7.30 program last night, as the government considers options to boost domestic fuel refining capacity. Continue reading...

PM tells Guardian Australia Hezbollah should cease reprisals and confirms Australia’s military surveillance aircraft will remain in regionGet our breaking news email, free app or daily news podcastAustralia’s prime minister, Anthony Albanese, has urged Israel to stop its attacks on Lebanon and raised concern over its intensified military campaign on Beirut and the country’s south after the ceasefire in the Middle East.Albanese also called on Hezbollah to cease attacks on Israel, reiterating his government’s belief that the Middle East ceasefire must include Lebanon. The prime minister also confirmed Australia’s military surveillance aircraft would remain in the region for at least another month beyond its initial deployment. Continue reading...

Australian PM also welcomes a conditional two-week ceasefire deal that will reopen the strait of Hormuz to global shippingFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAnthony Albanese has welcomed a two-week ceasefire deal between the US and Iran that is set to temporarily reopen the strait of Hormuz, as he issued a rare criticism of Donald Trump for threatening a “whole civilization will die”.The prime minister said news of the conditional ceasefire was “very positive” and was hopeful it would lead to the permanent end to a conflict that has sent global fuel prices soaring. Continue reading...

Petrol prices have stopped falling, despite the federal government’s cut to the fuel excise last weekTrack Australia’s fuel prices, service station outages and shipments in chartsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAnthony Albanese will fly to Singapore this week – Australia’s biggest source of petrol – as the government mounts an international bid to keep fuel prices from rising.Diesel is getting more expensive again and petrol prices have stopped falling, despite the federal government’s cut to fuel excise last week. Continue reading...

Prime minister says months ahead ‘may not be easy’ and urges Australians to ‘think of others in your community, in the bush and in critical industries’Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastMy fellow Australians.By nature, we’re an optimistic country. But I understand that right now it’s hard to be positive. Continue reading...

Injecting $1.5bn via petrol subsidies into an inflated economy may change things for the Reserve Bank board at its next meetingFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastEconomists will say that what millions of motorists gain in cheaper fuel through the prime minister’s three-month fuel excise cut, they will lose in more expensive mortgages.It may be good politics, but injecting $1.5bn via petrol subsidies into an economy that is already struggling with a resurgent inflationary problem is not going to make the Reserve Bank of Australia’s job any easier. Continue reading...

More assistance to businesses amid ballooning petrol prices expected to be discussed as prime minister and premiers meet. Follow updates liveGet our breaking news email, free app or daily news podcastGood morning, Krishani Dhanji with you here for the final sitting week of the month, and the final sitting week before the budget.The prime minister will convene the national cabinet again today, the second since the US and Israeli strikes on Iran. And this morning the government will introduce legislation to underwrite fuel supplies into Australia. Continue reading...