Afternoon Update: Tim Wilson walks back One Nation comments; AFL grapples with racism; and the golden age of biking

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 The shadow treasurer, Tim Wilson, has said he would “never, ever, ever” support a coalition government with One Nation, walking back previous comments that left the door open to such an arrangement. Urging the Liberals to “get on with” setting out what they stand for, Wilson joined other senior party figures in rejecting any partnership with the rightwing populist party. After One Nation’s resounding victory in the Farrer byelection, where it easily won a seat held for 77 years by the Coalition and consigned the Liberals to 12% of the primary vote, focus has sharpened on how the Angus Taylor-led party will hold off threats on both its right and left flanks. On Sunday, Wilson raised the possibility of forming government with One Nation but on Monday he and other senior Liberal figures rejected joining forces, despite the conservative vote in Australia splintering and One Nation’s consistent outpolling of the Coalition spelling an existential threat to its survival. Jim Chalmers’ federal budget 2026: what we know so far about tax, housing, fuel and