Tonight, Australia's budget will unveil a $45 billion improvement in the commonwealth's bottom line over the next three financial years. Treasurer Jim Chalmers aims to implement spending restraint to combat high inflation, with a focus on remaking housing as a necessity rather than a financial instrument to address rising rental costs. In political news, UK Prime Minister Keir Starmer faces mounting pressure from over 70 Labour MPs urging him to establish a timetable for his departure, indicating a potential shift in leadership. Meanwhile, Donald Trump has warned that the ceasefire with Iran is 'on life support' and is considering military action to enforce US interests in the region. Additionally, Australian researchers have found that claims regarding the sustainability of supermarket food products often lack verification, raising questions about marketing practices. As these developments unfold, they highlight significant political and economic challenges facing both Australia and the UK.