Jeremy Rockliff’s Liberals have been a minority government since May last year. Follow today’s news live

Good morning and welcome to our live news blog. I’m Martin Farrer with the top overnight stories and then my colleague Emily Wind will take you through the main action.

Our top story this morning is that Labor is launching another initiative to ease the cost-of-living pressures on Australians by proposing to outlaw the charges we rack up when paying for things with debit cards. They will also instruct the consumer watchdog to investigate excessive card costs, as the transaction charges get set for an overhaul.

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