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The Australian government announces it will double maximum penalties for tech giants to $99 million for non-compliance with the under-16 social media ban, despite not issuing any fines in the first six months of the law's operation. Treasurer Jim Chalmers forecasts headline inflation will peak at 4.25% rather than the previously predicted 5%, while the government faces criticism over its gambling reforms and negative gearing amendments. New polling shows Pauline Hanson's popularity has declined following controversial remarks, while Labor regains its lead on the primary vote. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.
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