It's all about 'sovereign capability'
5/5/202628 min
Anthony Albanese has unveiled a $10 billion energy security package, including a permanent government-owned fuel reserve, in what the government is calling a major step towards energy sovereignty.
The announcement lands just days out from the budget, and in the mix of RBA governor Michelle Bullock warning the government to be careful spending doesn't add to inflation, following yesterday's rate rise.
And as a group of so-called “ISIS brides” and their children prepare to return to Australia, the political pressure is shifting again - from budget discipline to national security and the government’s capacity to hold the line on both.
Patricia Karvelas and David Speers break it all down on Politics Now.
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First 90 secondsDavid Speers· Host0:00
[upbeat music] ABC Listen, podcasts, radio, news, music and more.
Matt Bevan0:05
If I had to pick one word to describe America's history in the Middle East, I'd probably go with mistake. But it was, the Americans believe, all a dreadful mistake. The backpackers crossed the poorly marked border by mistake.
David Speers· Host0:20
The war in Iraq was a big, fat mistake.
Matt Bevan0:24
So why is it happening again? I'm Matt Bevan, and on my show, If You're Listening, we actually try to learn from the world's mistakes. Find us on ABC Listen or wherever you get your podcasts.
Patricia Karvelas· Host0:34
The Prime Minister has unveiled a $10 billion energy security package, including the establishment of a permanent government-owned fuel reserve, all in a bid to help secure Australia's energy sovereignty. That word sovereignty, it's really the buzzword of our times. But as Treasurer Jim Chalmers looks to put the final touches on next week's budget, the RBA governor, Michele Bullock, has warned the government to be careful spending doesn't add to inflation. Meanwhile, big story's broken: a cohort of so-called ISIS brides and their children are set to arrive in Australia tomorrow evening, with the AFP commissioner confirming some will be arrested and charged upon their arrival. Welcome to Politics Now. [upbeat music] Hi, I'm Patricia Karvelas.