Your morning Briefing: Shorten to shake up bank super

Welcome to your 2-minute briefing on the day’s top stories and must-reads.

Hello readers. Here is your 2-minute digest of what’s making news today.

Federal Opposition Leader Bill Shorten addresses attendees at the Outlook Conference Dinner at the National Gallery of Victoria, Melbourne, Thursday, October 11, 2018. (AAP Image/James Ross) NO ARCHIVING

Shorten’s super shake-up

Bill Shorten has flagged giving ­financial regulators the power to force bank-owned retail super­annuation funds to appoint ­independent trustees to ensure members’ interests are put ahead of profits when dealing with workers’ compulsory retirement savings. In a threatened regulatory shake-up of the profit-driven funds, the Opposition Leader will also consider giving the Australian Prudential Regulation Authority powers to sack trustees of habitually underperforming funds.

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11/10/18 Peter Costello speaks with Prime minister Scott Morrioson during the Australian's outlook conference at the Grand Hyatt. Aaron Francis/The Australian

PM parries Costello’s carps

Scott Morrison has defended his and the Turnbull government’s economic narrative after former treasurer Peter Costello savaged the Coalition’s policy and political agendas following the 2007 election loss, which shook the party’s confidence. Speaking at the Melbourne Institute/The Australian Economic and Social Outlook conference, Mr Costello, Australia’s longest-serving treasurer, blamed destabilising factionalism in part on the Turnbull government’s failure to develop an economic narrative, which was largely Mr Morrison’s responsibility as his treasurer.

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Jackie Kastrinelis, 24, was the lead singer on the Seven Seas Voyager Regent Cruise ship. Ms Kastrinelis was found dead in her cabin while the ship was docked at Fort Hill Wharf on Sunday morning.

Cruise death singer’s body to be exhumed

The parents of an American singer who died a mysterious death on a cruise ship off Darwin will ­exhume her body to search for clues about her death, saying Northern Territory authorities have failed to investigate properly. In an agonising decision, Kathy and Mike Kastrinelis will exhume the body of their 24-year-old daughter Jackie from a Massachusetts graveyard this month, more than five years after she died without warning on the cruise ship Seven Seas Voyager.

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Tim Paine and Usman Khawaja.

Great escape

Australia have clung on for a valiant draw in the first Test against Pakistan, grinding out a record-breaking day-five fightback in Dubai led by Usman Khawaja and Tim Paine. Chasing a world-record 462 to win, the tourists survived 140 overs — an unprecedented effort for a draw by Australia in Test match history — to finish on 8-362, with skipper Paine unbeaten on 61 and Nathan Lyon five not out.

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Johannes Leak’s view

Johannes Leak Letters Cartoon for 12-10-18Version: 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.