Welcome to The Australian Financial Review’s live coverage of breaking news this Monday, August 17. Here are the top stories we are following:
Former Liberal prime minister Scott Morrison and his then-finance minister Mathias Cormann have defended establishing a special GST deal for Western Australia costing more than $6 billion a year. The state treasurers involved in the current debate weighed in on the Productivity Commission’s recommendation to unwind the deal.
Changes to the NDIS, gambling advertising and media funding could finally pass parliament after months of political horse-trading.
US President Donald Trump’s envoy met with Egyptian, Qatari and Turkish mediators in Cairo on Sunday, in a bid to advance his Gaza peace plan, even as Israel pressed on with airstrikes in the territory.
Opposition Leader Angus Taylor says the Coalition is not currently considering any proposals to change how people access their superannuation, despite Treasurer Jim Chalmers going on the attack.