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Treasurer says capital gains changes and other tax reform still under consideration

Sticking with the budget, Chalmers said the government hasn’t made any decisions on capital gains tax reform.

We haven’t taken any decisions on those policies, whether the specific ones you mentioned [or others].

There’s more work to do on our options for tax reform in this budget.

The savings package won’t be exactly the same as what we would have been contemplating over the summer, but it will be a substantial savings package.

When we came to office the NDIS was out of control and it had strayed a long way from its original intended purpose.

It was growing around 22% when we got to office.

Prime minister says Corio refinery fire will not push Australia into stage 3 restrictions, despite reduced production of petrol, diesel and aviation fuel

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Anthony Albanese says petrol production has fallen 40% at one of Australia’s two remaining oil refineries but the damage caused by fire at the Geelong facility will not lead to fuel restrictions.

Petrol prices have fallen below $2.10 a litre and diesel below $3 a litre in most cities, as a price spike predicted to follow the refinery shutdown failed to materialise on Friday.

Some petrol stations may see short-term outages and energy experts warn Victorian fuel prices could spike up to 20 cents a litre

• Full report: Geelong oil refinery fire

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The prime minister, Anthony Albanese, will fly home early from his fuel diplomacy mission in south-east Asia, travelling overnight to Victoria after a huge blaze at one of Australia’s two oil refineries.

Albanese was set to leave Malaysia early on Thursday night and was expected to visit Viva Energy’s Geelong refinery on Friday morning, when he will receive a briefing on the damage.