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Australia news live: Greens call for 25% gas export tax; house price surge wipes out benefits of three interest rate cuts


Greens senator Steph Hodgins-May says gas corporations have created a “crisis” that Australian households have had to pay for. Follow today’s news live

Good morning, and happy December. Another month down, another season begins. Nick Visser here to get you started on the blog this morning – here’s what’s on deck.

The Greens are calling for all gas exports to face a 25% tax, with a new prioritisation on domestic gas supply. The party, which recently secured a deal with the Labor government on new federal nature law reforms, says it will not support any new gas fields.

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