The Turnbull Government will secure domestic gas supply with the introduction of export restrictions to ensure the Australian market has adequate supplies before exports are permitted.

The shortage of domestic gas supplies has resulted in dramatically higher prices in Australia - higher than prices paid in the markets to which Australian gas is being exported.

Prime Minister Malcolm Turnbull and Queensland Premier Annastacia Palaszczuk today announced additional disaster assistance for communities affected by Tropical Cyclone Debbie and the associated rainfall and flooding.

Mr Turnbull said the Australian and Queensland Governments will jointly fund a $14.7 million Community Recovery Fund under Category C of the Commonwealth-State Natural Disaster Relief and Recovery Arrangements (NDRRA).

PRIME MINISTER:

I am here with the Industry Minister, Arthur Sinodinos, the Resources Minister, Matt Canavan and today we have taken decisive action to protect Australian jobs.

What we have seen is the situation where so much gas is being exported that the domestic market is being drained of the gas it needs for industries like this, for households, for all of the demand on the east coast.

Now that is utterly unacceptable.

NEIL MITCHELL:

Mr Turnbull, good morning.

PRIME MINISTER:

Good morning.

NEIL MITCHELL:

Prime Minister, North Korea has written to ASEAN to ask South East Asian countries for their support and warned there could be a nuclear holocaust, that we are on the brink of war. Is it possible we are heading for nuclear war?

PRIME MINISTER:

There is the possibility and the risk that North Korea could launch an attack on its neighbours.

PRIME MINISTER:

Your Excellencies; Premier, Air Chief Marshal Binskin, Chief of the Defence Force, Vice Admiral Barrett, Senator Brandis, Amanda Rishworth, shadow minister for Defence Personnel and Senator McDonald. Mrs Valerie Fowler, the US Consul General, and Chargé D'Affaires James Carouso, Minister Miyashita from the Japanese Embassy, Admiral Scott Smith, Commander of the US Pacific Fleet, Mayor Jenny Hill and Mr Williams, President of the Townsville and District Naval Association.

PRIME MINISTER:

I’m thrilled to be here with my colleagues, the Assistant Minister for Cities Angus Taylor and Senator Ian McDonald, the Minister for Northern Australia Matt Canavan and the Queensland Minister for State Development Dr Anthony Lynham and the Mayor of Townsville City Council, to announce the appointment of Watpac as the managing contractor for this $250 million North Queensland Stadium.

More than three quarters of the work on North Queensland Stadium will be completed by the local community, giving business the opportunity to expand and create local jobs for the region.

Prime Minister Malcolm Turnbull, Queensland State Development Minister Dr Anthony Lynham and Townsville Mayor Jenny Hill today announced Watpac had been appointed managing contractor to build the $250 million stadium.

The Turnbull Government today confirmed that it will build Western Sydney Airport.

Details of the Turnbull Government’s plan to build Western Sydney Airport will be announced by the Treasurer in the Budget next week.

This follows today’s announcement by Sydney Airport Group, the owner of Kingsford Smith Airport, that it will not take up the opportunity under its ‘right of first refusal’ to build and operate the new Western Sydney Airport at Badgerys Creek.

The Turnbull Government will introduce real needs-based school funding, and increase investment as part of a new initiative that will give Australian students the quality education they deserve.

The Government will commit an additional $18.6 billion for Australia’s schools over the next decade, starting from 2018. It will be distributed according to a model of fair, needs-based and transparent funding. This investment will be tied to school reforms which are proven to boost student results.

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