Shadow Finance Minister Jane Hume has criticised the Albanese government for its public sector spending which has been the “biggest driver” of inflation. A cost of living committee has found Australia's living standards are tanking. Ms Hume has urged the Albanese government to call a National Cabinet to try to convince states to limit spending. “The biggest driver of inflation has been public sector spending, at both state and federal levels, and it not just the Coalition that are saying this – it is the IMF; it is the Reserve Bank,” Ms Hume told Sky News Australia. “The only way to deal with a national crisis is with a national response.”

Shadow Finance Minister Jane Hume has called out the Albanese government over its “misguided and ideological” energy transition plan. Global mining giant Glencore has intervened in Australia’s energy debate, arguing the country will need to use coal for longer in order to keep prices down and remain competitive. “State governments are now paying coal-fire power generator owners to keep coal in the system for longer, and that’s because of Labor’s … all eggs in one basket approach that is not delivering either net zero by 2050, nor is it delivering lower power prices,” Ms Hume told Sky News Australia. “That’s despite the fact that Labor promised that power prices would come down by $275. “They haven’t; they’ve shot up potentially by, in some places, by more than $1,000 just in the last few years, and that’s because of Labor’s misguided and ideological approach to the energy transition.”

Shadow Finance Minister Jane Hume has called out the Albanese government over its “misguided and ideological” energy transition plan. Global mining giant Glencore has intervened in Australia’s energy debate, arguing the country will need to use coal for longer in order to keep prices down and remain competitive. “State governments are now paying coal-fire power generator owners to keep coal in the system for longer, and that’s because of Labor’s … all eggs in one basket approach that is not delivering either net zero by 2050, nor is it delivering lower power prices,” Ms Hume told Sky News Australia. “That’s despite the fact that Labor promised that power prices would come down by $275. “They haven’t; they’ve shot up potentially by, in some places, by more than $1,000 just in the last few years, and that’s because of Labor’s misguided and ideological approach to the energy transition.”

More than $1 billion originally earmarked for union-backed construction projects in Queensland’s Olympic and Paralympic Games budget will now be saved. Fresh Treasury figures reveal the savings will come from suspending the Best Practice Industry Conditions, which was announced last week. This cost-cutting measure represents one-fifth of the $7 billion funding package.

More than $1 billion originally earmarked for union-backed construction projects in Queensland’s Olympic and Paralympic Games budget will now be saved. Fresh Treasury figures reveal the savings will come from suspending the Best Practice Industry Conditions, which was announced last week. This cost-cutting measure represents one-fifth of the $7 billion funding package.

Shadow Finance Minister Jane Hume has called out the Albanese government over its “misguided and ideological” energy transition plan. Global mining giant Glencore has intervened in Australia’s energy debate, arguing the country will need to use coal for longer in order to keep prices down and remain competitive. “State governments are now paying coal-fire power generator owners to keep coal in the system for longer, and that’s because of Labor’s … all eggs in one basket approach that is not delivering either net zero by 2050, nor is it delivering lower power prices,” Ms Hume told Sky News Australia. “That’s despite the fact that Labor promised that power prices would come down by $275. “They haven’t; they’ve shot up potentially by, in some places, by more than $1,000 just in the last few years, and that’s because of Labor’s misguided and ideological approach to the energy transition.”

More than $1 billion originally earmarked for union-backed construction projects in Queensland’s Olympic and Paralympic Games budget will now be saved. Fresh Treasury figures reveal the savings will come from suspending the Best Practice Industry Conditions, which was announced last week. This cost-cutting measure represents one-fifth of the $7 billion funding package.

More than $1 billion originally earmarked for union-backed construction projects in Queensland’s Olympic and Paralympic Games budget will now be saved. Fresh Treasury figures reveal the savings will come from suspending the Best Practice Industry Conditions, which was announced last week. This cost-cutting measure represents one-fifth of the $7 billion funding package.

Writer and broadcaster Esther Krakue claims Meghan Markle is working on a new cooking show for Netflix. “We know that it’s going to come out at the very earliest in late Spring of next year,” Ms Krakue said. “If this is not a hit, I suspect this will probably be the end of their relationship with Netflix. “It’s not looking very good, and I don’t think a cooking show is going to be something that will revive that dying relationship.”

Writer and broadcaster Esther Krakue claims Prince Harry’s Remembrance Day message has “put off” veterans due to his recent behaviour. “Being a veteran himself, we know that’s something he takes very seriously,” Ms Krakue said. “Unfortunately, a lot of his comments or any kind of interventions that he has with regards to veterans around the world particularly in the US doesn’t really go down very well. “Even though he did talk about service and sacrifice and all of that, his behaviour in the last few years has really put a lot of veterans off.”

Writer and broadcaster Esther Krakue claims the Archbishop of Canterbury was a “prominent” figure in King Charle’s life. Her comments come after Justin Welby resigned following the release of a report into the handling of a child abuse scandal. “We know that he was a very prominent figure in the King’s life, particularly after the death of both of his parents,” Ms Krakue said. “The way that the Archbishop is leaving in utter disgrace … is really quite scandalous.”

Writer and broadcaster Esther Krakue claims Prince Harry has gained a “win” in his legal case against the publisher of the Sun over allegations of unlawful information gathering. “This is a win for Prince Harry’s legal team because it looks like this is probably going to go to court and the trial is due to start in January,” Ms Krakue said. “Prince Harry is one of only two other people that are prosecuting this case. All the other 39 people that were involved in this initial case have settled.”

Former City of Sydney Labor Councillor Linda Scott claims it is “really disappointing” the Coalition Party will vote against the misinformation bill. “It’s really disappointing that the Coalition have not decided to vote for this bill,” Ms Scott said. “For the now increasingly millions of Australians that have been scammed, they’re finding false information on the internet … these things are scamming real Australians.”

Sky News host Danica De Giorgio slams Labor’s UN vote for recognising Palestinian sovereignty and giving in to Hamas’ “demands”. “Hamas is still holding hostages and yet the Albanese government has caved-in to one of the terrorists’ key demands,” Ms De Giorgio said. “Labor voted at the UN last week in favour of Palestinian sovereignty over the disputed territories. Who says hostage taking doesn’t pay?”

Sky News political contributor Chris Uhlmann slams the Albanese government’s green dream as "very expensive". Prime Minister Anthony Albanese told world leaders in Peru at the APEC summit he hopes to turn Australia into a ‘renewable energy superpower’. “Everything that the government is doing is very expensive,” Mr Uhlmann said. “Every project that it’s involved in is blowing out.”

Sky News political contributor Chris Uhlmann in his upcoming documentary, ‘The Real Cost of Net Zero’, talked to “real energy experts” about the feasibility of renewable energy. “The places in the United States that are doing well and trying to lower their costs, what are they running on, natural gas,” Mr Uhlmann said. “Over the course of the last 15 years, the United States has grown to become the worlds biggest producer of oil … and the worlds biggest producer of natural gas and that’s where its competitive advantage is coming from. “And it’s cut its carbon emissions by removing coal and replace it with natural gas.”

Sky News host James Macpherson claims Donald Trump was “received like a king” in his surprise appearance at the UFC. “Donald Trump has made a surprise appearance at the UFC, and he was received like a king,” Mr Macpherson said. “That is quite the reception.”

Sky News political contributor Chris Uhlmann discusses his upcoming documentary, titled ‘The Real Cost of Net Zero’. Prime Minister Anthony Albanese told world leaders in Peru at the APEC summit he hopes to turn Australia into a ‘renewable energy superpower’. “Almost every part of your bill is being driven up by the transition we are going through,” Mr Uhlmann said.

Prime Minister Anthony Albanese has hinted at a May election while speaking to Sky News Political Editor Andrew Clennell on the sidelines of the APEC summit. The Prime Minister indicated voters would head to the polls in May, before going back on his words. "We have a budget scheduled for March, and the election will be in May … well, that's when it's due - it could be beforehand, but that will be a matter for me to make in conjunction with my cabinet colleagues," Mr Albanese told Sky News Political Editor Andrew Clennell.

Corporate regulator, the Australia Securities and Investment Commission (ASIC), held its annual forum this week where Chairman Joe Longo outlined his key priorities for the next 12 months. A major focus is cutting red tape to make regulating the financial markets easier and more efficient. This week, ASIC also put Australia's superannuation trustees on notice, taking action against Cbus for mishandling more than $20 million worth of death and disability claims from customers. Sky News business reporter Ed Boyd was joined by ASIC Chairman Joe Longo to discuss the launch of a simplification taskforce in hopes of increasing the organisation's regulatory efficiency.