Your morning Briefing: Bill Shorten’s $640m hit on banks

Your 2-minute digest of the day’s top stories and must-reads.

Hello readers. Bill Shorten is to hit banks with a $640m levy and Jordan Peterson reveals the meaning of life.

Bill Shorten speaks at the official naming ceremony for Australia's newest and biggest cargo ship, Victorian Reliance II (VRII) in Port Melbourne, Sunday, February 24, 2019. (AAP Image/Ellen Smith) NO ARCHIVING

Shorten’s bank hit

Bill Shorten is set to hit banks and financial institutions with a new levy for a $640 million fund to support victims of misconduct.

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Prime Minister Scott Morrison visiting Briagolong in Gippsland , Victoria to speak with farmers about the effects of on going drought in the region.The Prime Minister inspects the dry earth on the property of sheep farmer John Freeman. Picture : Ian Currie

No boats poll joy

Labor has weathered a political storm over border protection and maintained a six-point lead over the Coalition according to the latest Newspoll.

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MICHAEL DALEY MP, NSW LABOR LEADER, meeting parents and pupils at The Ponds High School, Sydney, today.Picture: Justin Lloyd.

Daley helped union boss

NSW Labor leader Michael Daley has admitted he voted to approve an extension at the home of a disgraced union boss.

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24/02/2019: Jordan Peterson, Canadian clinical psychologist, in Sydney ahead of his Q&A appearance. Hollie Adams/The Australian

Meaning of life

Jordan Peterson writes in an exclusive column that what we all need instead of happiness is meaning — the kind of meaning that will sustain each of us through the suffering.

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Ita Buttrose at the Mary Queen of Scots premiere.

Ita could lead ABC

Ita Buttrose is believed to be under serious consideration to take over as chair of the ABC.

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Kudelka’s view

Jon Kudelka Letters page cartoon for 25-02-2019Version: Letters Cartoon (1280x720 - Aspect ratio preserved, Canvas added)COPYRIGHT: The Australian's artists each have different copyright agreements in place regarding re-use of their work in other publications.Please seek advice from the artists themselves or the Managing Editor of The Australian regarding re-use.