Australia news LIVE: Chalmers promises relief after ‘pretty brutal’ RBA rate rise; PM meets King Charles III

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  • Albanese meets King, tells Piers Morgan he will pledge allegiance
  • Buckingham Palace in lockdown after man arrested with suspected weapon
  • This morning’s headlines at a glance
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Albanese meets King, tells Piers Morgan he will pledge allegiance

Anthony Albanese has said he has no issues swearing allegiance to King Charles III during a public oath at this weekend’s historic coronation service and warned republicans that staging a vote on Australia’s future head of state was not imminent.

The Australian prime minister met the King during a private audience at Buckingham Palace in London on Tuesday, in what was described as an “insightful and rewarding” meeting, where he reiterated there was an invitation for the royals to visit Australia next year.

Prime Minister Anthony Albanese meets King Charles III at Buckingham Palace in London ahead of the coronation.Credit: AP

In an interview with controversial broadcaster Piers Morgan on Britain’s TalkTV, Albanese said he was certain that Australia would become a republic “at some stage in the future” but he preferred not to be a prime minister who “presides over just constitutional debates”.

The full story on what the prime minister said is here. 

Buckingham Palace in lockdown after man arrested with suspected weapon

In breaking news, London police said a controlled explosion was carried out outside Buckingham Palace after a man was arrested on suspicion of possessing an offensive weapon.

The Metropolitan Police force said officers arrested the man after approached the palace gates and threw items suspected to be shotgun cartridges into the palace grounds.

The Mall heading towards Buckingham Palace.

“Officers worked immediately to detain the man, and he has been taken into police custody,” Chief Superintendent Joseph McDonald said in a statement.

“There have been no reports of any shots fired, or any injuries to officers or members of the public.”

Officers remained at the scene and investigations were ongoing, police said.

The incident took place just days ahead of King Charles III’s coronation ceremony, scheduled to take place at Westminster Abbey on Saturday.


This morning’s headlines at a glance

Good morning, and for your company.

It’s Wednesday, May 3. I’m Caroline Schelle, and I’ll be anchoring our live coverage for the first half of the day.

Here’s what you need to know before we get started:

  • Prime Minister Anthony Albanese declared he will publicly swear allegiance to King Charles III at the coronation this weekend.
  • Australian households are being promised cost-of-living relief in the budget after the RBA increased interest rates for the 11th time.
  • Crossbenchers are pushing for rules to reveal what politicians are allowing nearly 900 lobbyists to access Parliament House.
  • The health minister announced tobacco tax would go up, with an average pack of cigarettes to cost $10 more within four years.
  • A new privacy enforcer will be appointed to pursue companies over data breaches where Australians have their personal information exposed.
  • In Victoria, online bookies will pay more taxes from July next year, but most of the money will still go to racing.
  • NSW Labor MPs want their government to review billions of dollars in grants aimed at helping areas hit by COVID lockdowns.
  • Overseas, France’s largest May Day marches descended into violence as clashes caused one protester to lose a hand and a police officer was injured when a Molotov cocktail hit him.
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