One Nation Raises Over $1.6 Million Targeting Labor Seats

One Nation says it has raised more than $1.6 million in donations in a campaign targeted at Labor.

The right-wing party launched the campaign in response to a fundraising effort launched by Labor which it called for $27 donations.

Leader Pauline Hanson told supporters at an event in Perth last night that her party had been underestimated by the major parties.

She nominated a list of Labor electorates her party would be targeting at the next election, including the Home Affairs Minister Tony Burke's seat.

Last night, Labor sent out an email to its supporters alerting them to the success of the fundraising effort and encouraged donations to Labor.

"It's unprecedented. And that's why I am urgently asking if you will give $20 to our Victorian Election Fighting Fund," the Labor email said.

Penny Wong is doing a media blitz of TV breakfast shows this morning from London where she's been asked about conflict in the Middle East.

US President Donald Trump has said the US military is "going to be attacking" Iran if no peace deal is agreed.

Wong has been asked on ABC News Breakfast whether she shares the UN chief's concerns that the Middle East could return to war.

The foreign minister says Australia doesn't want to see escalation and a return to open warfare in the region.

"We don't want to see, civilian assets targeted. We want to see a negotiated settlement and an end to the conflict," Wong says.

"We want to see that for many reasons but foremost for us is the effect that it's having on Australians and on the global economy, which we are all feeling. We want to see the ceasefire hold and we want a negotiated outcome."

Opposition Leader Angus Taylor says there is no plan to for the Liberals to carve up seats with One Nation so they don't compete with each other at the next election.

The Australian reports Liberal MP Tony Pasin urged his party to negotiate with One Nation about which candidates should run in seats so the parties don't compete with each other at the next election.

Speaking to ABC News Breakfast, Taylor has ruled out carving up seats between the two parties.

"There's no plan to carve up seats. We won't be doing that. What we will be doing is focusing on a Labor government that's taking this country in the wrong direction," Taylor says.

"That will be our focus. It won't be carving up seats."

One Nation Leader Pauline Hanson told a community forum in Perth "politicians and bureaucrats" have driven Australia "into the ground", as she condemned Labor's federal budget.

"This government has brought in the worst budget we have ever seen," Hanson said to general applause.

"This is about socialism. This is about communism, and dividing the wealthy from those who are not wealthy.

"If you want to work hard to get ahead in life, save your money or invest it, [Labor] want to take it, putting their hand into your pocket. That is not the Australia I grew up in."

Speaking at a sold-out $70-per head event as a One Nation fundraising page tipped over $1.4m in donations, Hanson told the crowd they had been underestimated by the major parties.

"We have a fantastic country that has been driven into the ground by politicians and bureaucrats that have disregarded you, the people," she said.

"I can provide the vehicle … but it's you, the people, who will drive change. They can't stop you. We have a democracy here, and it clearly now shows people want One Nation. They want what we're offering."

Asking the crowd "what am I offering?" some shouted back "freedom" and "democracy".

"It's freedom and freedom of speech, it's the right to own your own home, to live in peace and security, the right to work and get a fair day's pay for a fair day's work and not be pulled down and taxed to the hilt."

Hanson says she will target Labor seats, not Coalition seats, at the next federal election and nominated a list of seats in her sight.

They included Chris Bowen's seat of McMahon, Tony Burke's seat of Watson, Andrew Giles's seat of Scullin, Clare O'Neil's seat of Hotham and Madeleine King's seat of Brand.

Reflecting on her time in prison for electoral fraud in 2003, Hanson told the crowd, "You were the people who kept me going."

"You never walked away from me, and I will never walk away from you," she said.

Hello everyone and welcome to our federal politics live blog! It's great to have you join us here early this Thursday morning.

I'm Josh Boscaini joining you live from Parliament House in Canberra, ready to bring you all of today's federal politics news.

Opposition Leader Angus Taylor says the Liberals have "no plan" to carve up seats with One Nation so both parties don't compete with each other at the next election.

And Pauline Hanson held a fundraiser in Perth last night, where she pledged to target Labor-held seats over Coalition ones at the next election.

Let's get into the day and see what happens!