Your morning Briefing: Power and gas prices key to tax cut win

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

Hello readers. Crossbenchers are throwing their weight around, demanding power price action in return for passing ScoMo’s tax cuts.

Federal Treasurer Josh Frydenberg speaks to the media during a press conference in Melbourne, Tuesday, June 4, 2019. The Treasurer is calling on all banks to pass on the full interest rate cut handed down by the RBA. (AAP Image/Stefan Postles) NO ARCHIVING

‘Slash power, gas costs for tax cuts’

Action to reduce high power prices has emerged as the core demand from crossbench senators in return for their support for the tax cuts package.

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Premier Annastacia Palaszczuk, Deputy Premier and Treasurer Jackie Trad and Education Minister Grace Grace will inspect construction on the new state secondary college at Fortitude Valley and discuss education finding in the state budget.Monday 10th June 2019. (AAP Image/Richard Waugh)

Deeper in debt

Queensland Treasurer Jackie Trad is expected to plunge the state further into debt to build infrastructure.

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10/06/2019: Divers enjoy the coral and marine life on a visit to Moore Reef off Cairns, having traveled to the area on Sunlover Cruises. Unknown tourist with instructor Makie Yato (Right) MUST CREDIT: Calypso Reef Imagery

Killing reef tourism

Claims by environmental groups that the Great Barrier Reef is dying have pushed the local tourism industry to the point of ‘near recession’.

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PM Scott Morrison at a Drought Response Roundtable with Deputy PM Michael McCormack and Barnaby Joyce in the Prime Ministers office at Parliament House in Canberra. Picture Kym Smith

ScoMo transition

A staffing army of hundreds is clamouring to join Scott Morrison. How the world has changed, notes Margin Call.

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Kudelka’s view

Jon Kudelka Letters Cartoon for 11-06-2019. Version: 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.