Australia politics live: budget funds to speed up environmental approvals; Coalition deals with Farrer loss

Tuesday’s federal budget to include $500m to fund faster approvals for housing, energy and mining projects. Follow today’s news live

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Good morning, Krishani Dhanji here with you. Friends, it’s budget week, and it has come very quickly if you ask me!

We’re getting a few final announcements from the government before Jim Chalmers hands down his budget tomorrow. That includes some money to speed up environmental approvals to boost productivity (more on that in a moment). Of course, all the big-ticket items – including reforms to capital gains tax, negative gearing and trusts, have already been out for weeks.