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A live update on Australian federal politics featuring criticism of the Greens, economic concerns about headline inflation and rising interest rates, debate over government spending, and a $200 million support package for the Bell Bay aluminium smelter.
Shoebridge comes from the "angry, militant faction" of the Greens and urged him to be constructive.
"We certainly hope that Senator Shoebridge can take a more constructive approach to working with the parliament and working with the government than he's shown to date," Watt says. "I really hope for the Greens sake that it's not a return to the bad old days, where they just wanted to block everything. "Headline inflation jumped to 4 per cent in August, from 3.5 per cent in July, driven by higher housing costs and automotive fuel prices.
The Reserve Bank of Australia yesterday raised interest rates for the fourth time this year to 4.6 per cent. Watt has defended Labor's efforts to bring Commonwealth spending down and says spending came mostly from the private sector.
"The great bulk of spending that is happening in the economy at the moment is not from government. It's actually coming from the private sector," Watt says. McKenzie says there is a "deep level of denial and contempt" in Watt's comments about Labor's approach to the budget. Hello and welcome to our federal politics live blog.
It's great to have you join us here early on this Thursday morning!joining you live from Parliament House in Canberra, here and ready to bring you all of today's federal politics news. In some news just in this morning, the federal and Tasmanian governments have announced a $200 million package for the troubled Bell Bay aluminium smelter. I have a feeling we're going to hear more about that today! For now, let's get this blog on the road!
Australian Federal Politics Greens Party Inflation Interest Rates Bell Bay Aluminium Smelter
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