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Australia news as it happened: Chalmers doesn’t rule out changes to negative gearing; Sussan Ley resigns, triggering Farrer byelection

Emily Kaine, Isabel McMillan and Alexander Darling
Updated ,first published
Pinned post from 5.02pm on Feb 27, 2026
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What we covered today

By Isabel McMillan

Thanks for reading the national news blog. This is where we’ll end today’s coverage. We will be back next week with the latest news.

To conclude, here’s a look back at some of the day’s major stories:

  • Treasurer Jim Chalmers would not rule out changes to negative gearing following reports Treasury was modelling new negative gearing limits ahead of the May budget. Chalmers did not say during a press conference today whether the government planned to impose new limits on negative gearing.
  • Human remains found in a remote wilderness area in Tasmania have been provisionally identified as those of a Belgian backpacker, who disappeared more than two years ago. Tasmania Police Commander Nathan Johnston confirmed that expert reports have provided compelling evidence that the remains most likely belong to Celine Cremer.

  • Police are investigating after a white supremacist and serial protester gatecrashed a community event hosted by Goldstein MP Tim Wilson, claiming that immigration is an existential threat to Australia. It is the third time the shadow treasurer has been confronted by the far-right activist in eight months and comes amid a rise in reported threats to politicians.

  • One Nation leader Pauline Hanson has confirmed three people in her party will contest the candidacy for the Farrer byelection, triggered by the resignation of former Liberal leader Sussan Ley. Hanson said there had been “a tremendous effort” by One Nation in reviewing more than 80 applications for the candidacy, which came down to the final three: David Farley, Leigh Wolki and Guy Cooper. The party will decide next month.

  • Magda Szubanski, one of Australia’s most beloved comedians who was diagnosed with a rare blood cancer in May, has announced she is in remission. “Seems I’m not dead. Though I better check with social media because they know more about me than I do,” she quipped in a video posted to Instagram on Friday. “I’ve completed chemo and I am now in remission. So, phew, big relief. It’s not a cure, but because I got a good remission, that hopefully means that I’ll keep the cancer at bay for a good long time.”

  • And overseas, Pakistan’s defence minister said his country ran out of “patience” and considers that there is now an “open war” with Afghanistan, after both countries launched strikes following an Afghan cross-border attack.

Thanks again for joining us. This is Isabel McMillan signing off.

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More towns battered by Victorian storms, thousands without power

By Alexander Darling
Flash flooding in Gisborne on Friday afternoon.Melbourne West Imagery

Having already cancelled an AFL pre-season match with one quarter to play, storms are continuing to batter Victoria this evening.

Horsham, in the state’s west has recorded 85 millimetres of rain in as many minutes this evening, more than three times its average rainfall for February.

Just after 8pm, the SES issued a severe thunderstorm warning for Horsham and surrounds “That may lead to dangerous and life-threatening flash flooding and damaging winds”.

A similar warning has been in place for areas north, west and east of Melbourne for several hours.

South Australia: Politician convicted of supplying drugs announces election bid

By Alexander Darling

David Speirs, former leader of South Australia’s opposition, has announced he will recontest his seat as an independent at the state election next month, having resigned from parliament after being charged with drug offences.

Speirs resigned as leader in August 2024, and left office entirely two months later after he was arrested for supplying drugs. The following year he pleaded guilty, was convicted and fined.

David Speirs in 2022, when elected leader of the South Australian Liberals.AAP

Backed by an uplifting orchestral strings score, Speirs took to Facebook to announce his candidacy, acknowledging in passing his recent past.

“I left my role in the grip of a mental health crisis, facing nightmares I could never have believed, many of them sadly self-inflicted. I failed myself, and I failed you,” he said.

Demons, Tigers, storm: Lightning forces AFL match to be abandoned

By Greg Dundas and Alexander Darling

Persistent lightning forced an early end to Friday night’s AFL practice match in Ballarat, with Melbourne 35 points ahead late in the third quarter.

Players leave the field for a lightning delay during the 2026 AFL AAMI Community Series match between the Melbourne Demons and the Richmond Tigers at Mars Stadium.AFL Photos via Getty Images

Players were forced from the ground just minutes into the clash at Mars Stadium because of nearby lightning, but returned to the field only to be sent off again after the Demons had asserted their dominance.

A storm within 10 kilometres of a game is considered a threat under AFL guidelines. When the time between lightning and thunder is 30 seconds or less, all individuals in exposed areas should seek shelter.

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‘Like a mini-tornado’: Victorians stunned by second intense storm in three days

By Alexander Darling

Warnings for severe thunderstorms have now moved to encompass outer eastern Melbourne, after pummelling parts of western Victoria.

Residents of towns including Gordon, Ballan and Mount Egerton are reporting 56 millimetres of rain in an hour, damage to cars and hail the size of golf balls after the storm surged through around 5pm.

“It was like a mini-tornado,” said Kim Prattley of Mount Egerton. “The wind came in hard, the rain was sideways, the hail stones were the size of a marble. The ice on the side of the road is still there about an hour afterwards.”

“I should never had said we needed rain! I’ve got a water frontage now,” quipped one resident of Ballan, halfway between Ballarat and Melbourne.

Man arrested after police uncover alleged terrorism plot

By

A 20-year-old man has been arrested and charged over allegedly preparing to commit a terrorist act.

The Western Australia Joint Counter Terrorism Team charged the Wheatbelt man following an investigation into his online activities and the execution of a search warrant at his home.

Alongside the charge of preparing to commit a terrorist act, the 20-year-old has also been charged with using a carriage service to menace to harass, possessing a prohibited weapon, failing to store a firearm or related thing in compliant storage and having unlicensed ammunition.

He is due to appear in court today.

The charges come after another man, accused of throwing a homemade bomb into a crowd of Invasion Day protesters, was charged with committing a terrorist act – the first in WA history.

Pinned post from 5.02pm on Feb 27, 2026

What we covered today

By Isabel McMillan

Thanks for reading the national news blog. This is where we’ll end today’s coverage. We will be back next week with the latest news.

To conclude, here’s a look back at some of the day’s major stories:

  • Treasurer Jim Chalmers would not rule out changes to negative gearing following reports Treasury was modelling new negative gearing limits ahead of the May budget. Chalmers did not say during a press conference today whether the government planned to impose new limits on negative gearing.
  • Human remains found in a remote wilderness area in Tasmania have been provisionally identified as those of a Belgian backpacker, who disappeared more than two years ago. Tasmania Police Commander Nathan Johnston confirmed that expert reports have provided compelling evidence that the remains most likely belong to Celine Cremer.

  • Police are investigating after a white supremacist and serial protester gatecrashed a community event hosted by Goldstein MP Tim Wilson, claiming that immigration is an existential threat to Australia. It is the third time the shadow treasurer has been confronted by the far-right activist in eight months and comes amid a rise in reported threats to politicians.

  • One Nation leader Pauline Hanson has confirmed three people in her party will contest the candidacy for the Farrer byelection, triggered by the resignation of former Liberal leader Sussan Ley. Hanson said there had been “a tremendous effort” by One Nation in reviewing more than 80 applications for the candidacy, which came down to the final three: David Farley, Leigh Wolki and Guy Cooper. The party will decide next month.

  • Magda Szubanski, one of Australia’s most beloved comedians who was diagnosed with a rare blood cancer in May, has announced she is in remission. “Seems I’m not dead. Though I better check with social media because they know more about me than I do,” she quipped in a video posted to Instagram on Friday. “I’ve completed chemo and I am now in remission. So, phew, big relief. It’s not a cure, but because I got a good remission, that hopefully means that I’ll keep the cancer at bay for a good long time.”

  • And overseas, Pakistan’s defence minister said his country ran out of “patience” and considers that there is now an “open war” with Afghanistan, after both countries launched strikes following an Afghan cross-border attack.

Thanks again for joining us. This is Isabel McMillan signing off.

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Daycare fined after child slipped away and was picked up by passerby

By Catherine Strohfeldt

A Brisbane childcare centre has been fined almost $15,000 after a three-year-old who left the grounds was collected by a passerby, despite the centre being told 20 minutes earlier the child was outside unsupervised.

The child slipped out of the Only About Children Morningside daycare centre unnoticed on June 23, 2023, and was noticed by a member of the public minutes later.

Only About Children Morningside.Google Maps

The person contacted the centre, which conducted a headcount to confirm the three-year-old had left.

A second call 20 minutes later from a passerby confirmed the child had been picked up.

More wild weather coming for parts of Victoria

By Alexander Darling

Speaking of wild weather, residents between two of Victoria’s largest cities – Melbourne and Ballarat – are being urged to take shelter from a coming storm.

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The State Emergency Service warns that intense rainfall could cause flash flooding over the next few hours in towns including Bacchus Marsh, Bannockburn and Meredith.

It follows wild weather on Tuesday when parts of the state received 20 millimetres of rain in as many minutes, with 164 buildings damaged or flooded. One person was lucky to escape injury when a branch fell on their car in Bendigo.

Summer is peak season for storms in Melbourne and Victoria.

South Australians warned of ‘highly unusual’ flooding this weekend

By Isabel McMillan

South Australian residents have been warned ahead of a “highly unusual weather event” moving across the state.

In a press conference this hour, SA Premier Peter Malinauskas urged residents to take care across the weekend as an “unpredictable” weather event, with heavy rainfall, sets in.

“We are anticipating a highly unpredictable weather event throughout the course of this weekend,” Malinauskas said. “South Australia faces the prospect of a tropical storm system over many parts of SA and pastoral areas, regional communities and also potentially metropolitan Adelaide.

“The tropical nature of the weather system is something South Australians don’t regularly see, but it isn’t without precedent. The unpredictable nature of this weather system means that it is prudent for South Australians to seek to prepare themselves for the events that might transpire across the weekend.

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Explosive Liberal election review to be suppressed

By James Massola and Paul Sakkal

A contentious review into the Liberal Party’s disastrous 2025 election will be suppressed after Opposition Leader Angus Taylor met with top party figures on Friday and agreed to shelve the document.

Party elders Nick Minchin and Pru Goward spent months working on a formal review of the election, which they completed last year. The 2022 review was released publicly.

Opposition Leader Angus Taylor in Sydney on Friday.Sitthixay Ditthavong

It became mired in controversy after Peter Dutton raised serious concerns over its contents in December. Dutton and figures close to him believe the report makes baseless claims about a disconnect with party headquarters.

The review contained critical reflections on the party’s policy agenda, in which Taylor and deputy Jane Hume were heavily involved as shadow treasurer and finance spokeswoman, respectively, before the 2025 election.

Read the story here.

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