Thank you for joining us for our live coverage today. We’ll be back tomorrow on the eve of the budget that Treasurer Jim Chalmers has labelled his most ambitious yet.
Here’s what you need to know.
- One Nation leader Pauline Hanson celebrated electing her first MP to the House of Representatives, dismissing critics who had for decades said it was impossible. She said “now my work really starts” on developing policy alternatives to the major parties.
- Chalmers announced $2 billion in funding for infrastructure to help boost housing supply, while pitching the reforms in Tuesday’s budget as an antidote to rising populism.
- Chalmers labelled the Farrer byelection, where Labor chose not to run, as a “bloodbath” for the Coalition. He predicted the opposition’s dismal result would doom Angus Taylor’s leadership and lead to One Nation joining the Coalition.
- Liberal frontbenchers refused to rule out the move, with shadow treasurer Tim Wilson saying “we traditionally form a coalition with the National Party, but it’s up to the Australian people to decide who they want to vote for”.
- The results from Farrer’s polling booths revealed the scale of One Nation’s win across the electorate.
- And finally, a reminder of the results in last night’s byelection. One Nation seized the seat of Farrer from the Coalition, which had held the seat for 77 years, in a decisive victory.