Labor's plan to expand bulk-billing aims to make nine out of ten GP visits free for patients by 2030, potentially increasing the number of bulk-billed appointments by 18 million annually and reducing out-of-pocket costs for patients. However, some experts argue that more needs to be done to address underlying health inequities and ensure adequate healthcare provision in underserved areas.
The City of Greater Geraldton has refused to contribute to Telstra's mobile coverage project at Flat Rocks Beach, arguing that it is the federal government's responsibility to address regional black spots. This decision highlights the growing pressure on local governments to intervene in areas traditionally handled by higher levels of government, such as telecommunications and housing.
The Reserve Bank of Australia is considering a February interest rate cut, with the December quarter inflation figures and the strength of the jobs market being key factors in their decision. The government is hoping for rate relief before the May election, but the RBA is also closely watching household spending and the global economic outlook.
President Trump's trade war with China, Canada, and Mexico has led to widespread uncertainty and fears of recession, causing American stocks to tank and consumers to face higher prices. Despite these negative impacts, Trump remains unfazed, arguing that his tariffs will ultimately benefit the US economy.
Labor's fate in the upcoming election hinges on the Reserve Bank's interest rate decision, as rising interest rates and mortgage stress threaten its traditionally safe seats, particularly in outer-suburban Melbourne and Perth. The party is focusing resources on propping up vulnerable candidates and addressing financial concerns to secure re-election.