Your afternoon Briefing: Safe seat of Caulfield ‘very close’ to turning red

Good afternoon, readers. Latest voting count reveals full extent of Liberal defeat in Victoria and banking Royal Commission wraps up.

Good afternoon, readers. The latest voting count reveals the full extent of the Liberal Party’s defeat in Victoria and the banking Royal Commission has come to an end.

15/11/2018: Victorian Liberal Leader Matthew Guy visits businesses in Caulfield with MP David Southwick in the lead up to the State Election. Stuart McEvoy/The Australian.

Latest count reveals true Lib defeat

Further vote counting shows the historically safe seat of Caulfield, among others, is “very close” to turning red for the first time. As Jack the Insider writes: the Morrison government is sleepwalking to an electoral calamity. Can the Liberal Party be roused from its slumber in time at least to save the furniture?

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TWAM-20183006 EMBARGO FOR TWAM 30 JUNE 2018NO REUSE WITHOUT PERMISSIONBANKING FEATURE The Commissioner Kenneth Hayne at the The Royal Commission into the Financial Services Industry. 12 February 2018.PHOTOGRAPHY: Eddie Jim/THE AGEFEE APPLIES

It’s cheerio to banking RoCo

The Hayne show may have come to an end but the phrase “can I show you a document?” has been carved into banking’s psyche.

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SYDNEY, AUSTRALIA - NOVEMBER 30: Students gather to demand the government take action on climate change at Martin Place on November 30, 2018 in Sydney, Australia. Inspired by Greta Thunberg, a 15-year-old Swedish student who led a strike outside Swedish parliament, thousands of students are expected to walk out of school today in cities across Australia to demand government action on climate change. Prime Minister Scott Morrison urged students to stay in school, telling parliament, "what we want is more learning in schools and less activism in schools". (Photo by Mark Metcalfe/Getty Images)

Kids strike for climate action

Students have walked out of classrooms in their thousands to protest government inaction on climate change.

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Former Managing Director Michelle Guthrie, at the inquiry in Parliament House in Canberra.Inquiry on matters related to allegations of political interference in the ABC including the termination of the Managing Director Michelle Guthrie, conduct of the Chair and Board, and governance of the ABC at the Environment and Communications References Committee, Parliament House in Canberra. Picture Gary Ramage

Cloak and dagger at ABC hearing

Michelle Guthrie fled Parliament House via the basement to avoid cameras, as a board member asked for his evidence regarding her sacking to be heard in private.

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ACTU secretary Sally McManus attended the Queensland Unions and work protest march and listen to speakers in the Brisbane CBD, Brisbane Tuesday 20th November 2018 Picture AAP/David Clark

The incredible shrinking union

Dismal membership is the natural conclusion to dissatisfaction with a union more concerned with politics than the workforce, writes Troy Bramston.