Tasmania pushing to fast-track new AFL stadium; Chalmers slip hints at budget surplus – as it happened

This blog is now closed.

• Federal budget: Labor to collect billions more in petroleum resource rent tax
• Chalmers confirms millions to receive up to $500 in energy rebates in Tuesday budget
• Get our morning and afternoon news emails, free app or daily news podcast

It's tough': Taylor on whether LNP can hold Fadden after Stuart Robert retirement

Taylor is asked whether the LNP can hold Fadden at the upcoming byelection to fill the spot left by Stuart Robert after he suddenly announced his retirement and says it's tough".

That's the nature of modern politics.

But the point I would make is the real test right now is this inflation test.

The more the treasurer talks about restraint, the more we know he's planning to spend. That is the double speak we are getting from Labor right now.

I think it is a test of whether inflation is being dealt with. The truth of the matter is we know there is no bigger conversation around the kitchen table right now than this inflation that's hitting. It is a tax on everyone and everything. We want to see a budget that deals with that.