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

• North Korea says it’s tested a hypersonic missile designed to hit Pacific targets: North Korea said on Tuesday that its latest weapons test was a new hypersonic intermediate-range missile designed to strike remote targets in the Pacific as leader Kim Jong-un vowed to further expand his collection of nuclear-capable weapons to counter rival nations.

• Sydney train disruptions flagged as government rejects private talks: Commuters are poised for rail chaos to intensify as a union plea to restart pay negotiations looks set to be ignored.

• Suspicious fire engulfs Caulfield Racecourse grandstand: A suspicious blaze has engulfed a Caulfield Racecourse grandstand, sparking a police investigation.

• PM says blocking beach space with shades is ‘not on’: Anthony Albanese says it is “not on” for Australians to use cabana shades to reserve space at popular beaches.

• PM denies playing favourites after $7.2b pledge to Queensland: Prime Minister Anthony Albanese has denied that he is playing favourites with Queensland after the federal government broke the protocol that limits federal spending on state road and rail projects to no more than 50 per cent of the cost.