One Nation faces deregistration in Queensland over missing financial reports
One Nation faces deregistration in Queensland over missing reports

Pauline Hanson's One Nation party faces potential deregistration in Queensland after failing to meet legal requirements for running an incorporated association. The party has not lodged audited financial statements for three years, violating state regulations.

Legal breach exposes leaders to penalties

The breach exposes Pauline Hanson and New South Wales One Nation Senator Sean Bell to financial penalties. Hanson is registered as president and Bell as secretary for the party in Queensland, where it is headquartered. The failure to submit the reports comes as One Nation faces growing scrutiny of its finances amid a surge in popularity.

Inflation eases to 3.8%

In other news, Australia's inflation rate eased to 3.8%, reducing the chances of an interest rate rise for mortgage holders. Economists described the development as a positive sign for the economy.

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