Australia politics live: Matt Canavan says US tariffs have ‘fig leaf of a justification’; Greens condemn Jim Chalmers’ ‘Henry VIII powers’

<p>Nationals leader says tariffs are unjustified and ‘a clear breach of the free-trade agreement Australia has with the US’. Follow today’s news live</p><ul><li><p>Get our <a href="https://www.theguardian.com/email-newsletters?CMP=cvau_sfl">breaking news email</a>, <a href="https://app.adjust.com/w4u7jx3">free app</a> or <a href="https://www.theguardian.com/australia-news/series/full-story?CMP=cvau_sfl">daily news podcast</a></p></li></ul><p><strong>Jim Chalmers</strong>’ budget bill will face debate and a vote in the House today, and he poses the legislation as a “really simple choice” for the Coalition.</p><p>As we know, the government has set up the bill as a wedge for the opposition, by including both tax changes to CGT and negative gearing and tax cuts for workers.</p><p>Really simple choice in the parliament today: Labor lower taxes on workers, a fair go for first home buyers. The Coalition opposing both of those things.</p><p>Yet another beat-up about the sensible, commonsense tax reforms at the core of the budget. Not unusual, as I said, for definitions to be settled this way, and the parliament can disallow them if they want.</p> <a href="https://www.theguardian.com/australia-news/live/2026/jun/04/australia-politics-live-capital-gains-tax-property-prices-economy-budget-jim-chalmers-anthony-albanese-angus-taylor-pauline-hanson-senate-estimates-question-time-ntwnfb">Continue reading...</a>