Australia politics live: Matt Canavan says US tariffs have ‘fig leaf of a justification’; Greens condemn Jim Chalmers’ ‘Henry VIII powers’

Nationals leader says tariffs are unjustified and a clear breach of the free-trade agreement Australia has with the US'. Follow today's news live

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Jim Chalmers' budget bill will face debate and a vote in the House today, and he poses the legislation as a really simple choice" for the Coalition.

As we know, the government has set up the bill as a wedge for the opposition, by including both tax changes to CGT and negative gearing and tax cuts for workers.

Really simple choice in the parliament today: Labor lower taxes on workers, a fair go for first home buyers. The Coalition opposing both of those things.

Yet another beat-up about the sensible, commonsense tax reforms at the core of the budget. Not unusual, as I said, for definitions to be settled this way, and the parliament can disallow them if they want.