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Prime Minister Albanese commits $3.8bn more to Melbourne’s Suburban Rail Loop East

The funding boost supports construction of a 26-kilometre underground orbital rail line through Melbourne’s eastern and south-eastern suburbs, designed to link major employment, education and health precincts and ease pressure on the city’s radial rail network.

Albanese announces $10bn fuel security plan as nation faces “extraordinarily volatile times”

The government said April recorded 92 fuel shipments into Australia — the highest monthly figure this year — as authorities diversified supply chains through imports from Europe, North America, South America and Algeria.

Victoria’s surplus pitch hides a $199 billion debt problem

The operating budget may be in surplus, but when infrastructure and capital spending are included, Victoria is still expected to run a cash deficit of $7.7 billion in 2026/27.

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