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On its 40th anniversary health scheme has to evolve to cope with ageing population, doctors say. Follow the day’s news live
Good morning and welcome again to our daily news blog. I’m Martin Farrer and I’ll be bringing you the best of the overnight stories before my colleague Emily Wind steps up.
Jim Chalmers fires the latest salvo in the government’s war of words over its tax reforms today by saying the Coalition would “smash the budget” by almost $40bn if it tried to restore the cuts for higher earners. The treasurer is publishing Treasury data showing that restoring the full stage-three tax cuts for higher earners while keeping Labor’s relief for low- and middle-income earners would cost $38.9bn more over four years.
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