From the Crikey grapevine, the latest tips and rumours …

It's the vibe. As Liberal Party director Tony Nutt said recently, for now only God and Malcolm Turnbull know when the election will be held, but Ms Tips gets the impression from those in the know on both sides that both the government and Labor are now preparing for a July 2 election to be called after the budget in May. Expect major policy announcements in the next few weeks from both camps and the legislation the government wants passed before the election in the three-day sitting week later this month. Look at all the reviews to government that will conveniently arrive before the budget.