Treasurer Jim Chalmers has revealed that the rebuild after ex-Tropical Cyclone Alfred will cost Australia $1.2 billion.

However, some are saying that Labor is using the disaster as a cover up for their reckless spending.

Leader of the National Party David Littleproud told Peter Fegan on 4BC Breakfast, "I'd be interested to see the modelling on this from Treasury."

"Treasury's been weaponised before by Jim Chalmers."

"If you remember when we were trying to help the the hospitality industry who had lost 165,000 jobs in getting some FBT support for lunches to get people back out into the hospitality sector, he said it was going to cost $10 billion because Treasury had modelled it."

"Now, I think he's trying to soften us up for what's coming in the budget and it's not good news," Mr. Littleproud said.

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The Reserve Bank of Australia and the Federal Government are about to make a major change to Australian currency by removing Queen Elizabeth II from the five dollar note.

It will be replaced with what has been described as “the enduring, emotional, spiritual and physical connection of First Nations people to the Country."

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Coal Australia is calling on the Queensland government to reduce the state’s punitive coal royalties since the new GST split means the Sunshine State gets less from the Federal Government because we are taking more from the mining companies.

Former broadcaster and Coal Australia CEO Stuart Bocking told Peter Fegan on 4BC Breakfast, "Queensland is now the only state to have its allotment of GST funding slashed."

"By 2028 the total share of Queensland GST gone will be $5 billion." Mr. Bocking said.

"How does that work for Queensland?"

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Listen to 4BC Breakfast with Sofie Formica filling in for Peter Fegan.

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Butch Wilmore and Suni William have been stuck in the orbiting lab of the International Space Station for nine months.

A Space X capsule yesterday delivered a crew of four astronauts to the ISS in a crew-swap mission which means Butch and Suni will finally return to Earth. 

Australian National University Astrophysicist Brad Tucker told Sofie Formica on 4BC Breakfast, "It's something like six months in space, the equivalent of 20 years worth of bone density loss."

"They will come back down, not with bones of a late 40, early 50 year old, but of a bones of a 70 year old and that doesn't really go back," Mr. Tucker said.

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The Commonwealth Grants Commission has released their latest proposal for how GST will be split amongst the states.

Debt-laden Victoria has done really well out of the proposal increasing their cut to $26.15 billion while Queensland is set to lose $2.4 billion, shrinking the Sunshine State's cut to $16.6 billion.

Queensland's downgraded credit rating, the recovery from Cyclone Alfred, and Brisbane hosting the Olympics have placed significant pressure on Queensland's economy.

Queensland Treasurer David Janetzki told Sofie Formica on 4BC Breakfast, "Queensland will drop $2.4 billion next year, but in the same breath, Victoria is going to stand to gain $4 billion next year and even New South Wales gets $1.3 billion."

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The 2025 F1 season got underway in Melbourne over the weekend with a less than ideal outing for the Australians on the grid.

Technology and Car expert Trevor Long told Sofie Formica on 4BC Breakfast, "If you look at Oscar's misfortune spinning on the second to last turn his teammates did the same thing."

"They both suffered the same thing but Oscar's just simply went further off and that's what caused him the grief so it's a game of chance."

"It's a game of luck and unfortunately Oscar it wasn't that he went off," Mr. Long said.

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The very best from 4BC Breakfast with Peter Fegan this week.

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Listen to 4BC Breakfast with Peter Fegan weekdays from 5.30am-9am.

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Celebrity Chef Adrian Richardson dropped by the 4BC Breakfast studio to answer all the listeners cooking questions and to deliver some helpful tips to up your game in the kitchen.

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