Australia politics live: Trump praises Albanese at dinner on Apec sidelines; Bowen predicts lower electricity prices

US president praises ‘great’ Washington meeting with Australian PM; energy minister hails steep fall in wholesale prices. Follow updates liveGet our breaking news email, free app or daily news podcastJim Chalmers says any further economic reforms will be delayed until the May budget, after he ruled out any new government policies in December’s mid-year fiscal update.The treasurer told assembled business figures at the Australian Chamber of Commerce and Industry’s gala dinner in parliament house last night that “this year’s MYEFO will not be a mini-budget with lots of new initiatives”.The mid-year update will be precisely that – an opportunity to update forecasts and the fiscal position. The main game will be May. Continue reading...