The coverage is framed within a live blog with ongoing political and economic developments and will be updated throughout the day.

Greens leader David Shoebridge will unveil a $22 billion plan designed to put more than $1,000 back into the pockets of almost every working Australian, funded by higher taxes on the resources sector.

The plan would raise the tax-free threshold from $18,200 to $26,000 and provide a $1,000 annual increase for those on income support, pensioners, carers, students, and jobseekers, including a lump-sum supplement of $1,092 for eligible recipients.

Funding comes from a 25% gas export tax (roughly $17 billion a year) and changes to resource rent taxes that could total about $28 billion annually, with the overall package expected to reduce underlying cash and fiscal balances, and raise public debt interest.

eSafety commissioner Julie Inman Grant says investigations into compliance with social media bans for under-16s are ongoing and no updated deactivation figures will be released until investigations conclude to avoid affecting outcomes.

The policy is part of addressing Greens governance and culture concerns, including an independent inquiry into allegations involving WA senator Jordan Steele-John, who is on personal leave during the inquiry and Senate estimates.

Parliamentary Budget Office estimates show the package would reduce underlying cash and fiscal balances by about $65.1 billion over four years and $234.6 billion over a decade, with up to $61.3 billion in public debt interest over 10 years due to borrowing.

Inman Grant discusses online abuse and threats toward herself and family, highlighting a broader climate where public officials face a more hostile online environment.

There have been calls to publish deactivation data publicly, while platforms like Meta and Snapchat have provided their own figures.

Inflation is expected to rise to about 4.2% for the year to September, influencing the Reserve Bank’s policy stance and potential further rate hikes and cost-of-living pressures.

Shoebridge argues the policy would not fuel inflation if paired with reducing corporate profits and frames windfall profits as the main inflation driver, asserting the public owns the nation’s resources.

The resource sector opposes higher taxes, arguing they would deter investment and cost regional jobs, though the government has shown openness to resource taxation ideas amid industry pushback.