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Portfolio note · Thursday 30 April 2026

Portfolio — 30 April 2026

Tribune’s note

Assistant Treasurer Daniel Mulino used a 30 April media release to cover two distinct policy fronts: the government's response to the Royal Commission on Antisemitism and Social Cohesion, and its pre-budget economic messaging on cost-of-living pressures [TA-260430-treasu-d75b404ff753].

On the Royal Commission, Mulino announced that the government is adopting all 14 recommendations in full. Five of those recommendations have been classified, which Mulino said is warranted given their sensitive nature; he expressed confidence that both the Jewish community and the broader public would accept the rationale for non-disclosure. The government will engage constructively with state governments and other stakeholders on recommendations that fall within their jurisdictions.

The Attorney-General and Prime Minister have also commented publicly on the findings, placing this response at the centre of a coordinated whole-of-government communication effort [TA-260430-treasu-d75b404ff753].

On economic conditions, Mulino attributed current inflation pressures primarily to the war in Iran, identifying fuel-related sectors as carrying the sharpest price increases. He flagged that the government's 50 percent fuel excise cut — already in place — has not yet fully flowed through to inflation data and is expected to deliver a material positive effect in coming readings.

He pointed to a broader cost-of-living support package that includes rent relief and targeted tax benefits for vulnerable households [TA-260430-treasu-d75b404ff753].

The pre-budget framing was explicit. Mulino cited three consecutive budget surpluses and over $100 billion in savings across the government's first three budgets as evidence of fiscal discipline. He signalled that the next budget will include NDIS savings and a tax cut for all households, and committed to holding spending at around 26 percent of GDP.

The combined message positions the government as managing an externally-driven inflation shock through targeted relief while maintaining a structurally restrained fiscal stance [TA-260430-treasu-d75b404ff753].

Primary records (1)

The official records this note draws on — the raw primary documents themselves, as published.