Australia and Finland are vying for a spot on the council, and the PM needs two thirds of member states to back himFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAustralia having a seat at the United Nations Security Council will be able to help with the cost of living back home, the prime minister insists.Anthony Albanese has launched a formal bid for Australia to serve a two-year term on the UN security council in 2029 and 2030.