Australia news live: states agree to forgo GST windfall for further fuel tax cut; ASX tumbles after Trump speech

Prime minister announces further cut to fuel tax in National Press Club address. Follow live updates Track Australia’s fuel prices, service station outages and shipments in charts Get our breaking news email, free app or daily news podcast ‘Might as well have told us what he was going to have for dinner’: shadow minister lambasts address to the nation The quips continue coming in thick and fast against Albanese’s address to the nation. The shadow minister for energy, Dan Tehan, tells ABC Radio: He might as well have told us what he was going to have for dinner last night. There was nothing new in it. He didn’t take the Australian people into his confidence. He made no commitments to transparency … there was no commitment from the prime minister to tell us whether ships have been cancelled, whether they’re being delayed, what our stock holdings are at the moment, where the shortages are, how many service stations are out of fuel, what they’re doing to make sure they’re getting fuel to those service stations – nothing. We will be participating in that. It’ll be a virtual meeting as I understand the next 24 hours and the foreign minister will be representing Australia at that meeting. It follows on from Australia signing up to the UK-led statement … all of those countries and very much Australia have an interest in seeing the straits of Hormuz opened as soon as possible. We will look to what Australia can do. Continue reading...