Thank you for joining us as we brought you live coverage of the prime minister’s National Press Club speech and other national news today.
This is where we’ll leave you. Here’s a recap of what we covered.
- Prime Minister Anthony Albanese stopped short of a total gambling advertising ban when he announced industry reforms in his speech this afternoon, including a ban on betting companies appearing on sporting jerseys and in stadiums. The government will cap the number of TV ads for betting agencies to a maximum of three per hour between 6am and 8.30pm, and ban all gambling ads on radio during school drop-off and pick-up times.
- Independents and the Greens slammed the proposed reforms and called for a gambling advertising ban. The Coalition said it welcomed gambling reform but would scrutinise the laws before offering support.
- Albanese defended his address to the nation last night, which has been criticised for a lack of substance and stirring panic, saying it was an opportunity to reassure Australians in a fragmented media environment.
- After again emphasising the difficult circumstances Australia is facing as the US-Israeli war in Iran continues, Prime Minister Anthony Albanese said the May budget would be his government’s most important and most ambitious budget yet.
- The prime minister announced businesses hit the hardest by price pressures because of the war in Iran will be able to access interest-free loans in a $1 billion relief package.