That’s a wrap – thank you for reading the Need to Know blog today. These were some of the main topics:

• Cbus boss apologises for death and disability claims handling: Kristian Fok has started his evidence by apologising for the fund’s failure to look after customers making death benefit or disability insurance claims.

• Cbus chairman Wayne Swan pushed to attend inquiry: Liberal senator and Senate economics committee chairman Andrew Bragg has suggested Cbus chairman Wayne Swan may need to front the inquiry.

• Ray Hadley loses first Sydney radio ratings in two decades: The 70-year-old, who hosts the 9am-to-midday show on the Sydney talkback station, dropped 1.3 points.

• Marles says Rudd is ‘doing a great job’ in the US: His assurance comes as one of Trump’s top advisers, Dan Scavino, suggested the envoy’s days in Washington are numbered with a menacing social media post on Wednesday.

• Dutton promises tax policy confirmation ‘in good time’: Peter Dutton has not confirmed or denied if he would abandon the Coalition’s pledge for further tax cuts for about 1.1 million high-income earners.

• Republicans shocked by Gaetz nomination: Donald Trump says he will nominate representative Matt Gaetz of Florida to be the US attorney-general.