One Nation senator pays back more than $3,300 in taxi expenses; Cleary tells fans ‘I’ll be back’ – as it happened

Australia faces rising inflation and unemployment as the Reserve Bank of Australia is expected to raise interest rates to 4.6%, the highest in nearly 15 years. Treasurer Jim Chalmers and Finance Minister Katy Gallagher will present a final budget outcome showing a smaller deficit than forecast, despite economic challenges.