Afternoon Update: One Nation could be struck off in Queensland; inflation eases to 3.8%; and a genre-mashing masterpiece

Want to get this in your inbox every weekday? Sign up for the Afternoon Update here, and start your day with our Morning Mail newsletter. Pauline Hanson’s One Nation party could be struck off in Queensland after failing its legal obligation to lodge audited financial statements with the state’s regulator, Sarah Martin reports. One Nation, which has been facing growing scrutiny of its finances as it has surged in popularity, has failed to lodge three years of audited financial reports. The breach exposes Hanson and the New South Wales One Nation senator Sean Bell to financial penalties, with Hanson registered as president and Bell as secretary for the party in Queensland, where it is headquartered. ‘Dodged a bullet’: inflation eases to 3.8%, reducing chances of interest rate rise for Australia’s mortgage holders Mother and toddler’s deaths in South Australia investigated as murder-suicide as hopes for missing baby fade Daniel Andrews says Ben Carroll ‘can win’ Victoria election in rare public statement Young Liberal power brokers created ‘shit sheet’ on NSW minister accusing him of extramarital affair ‘Race against time’: Japan earthquake death toll rises as rescue teams search for