Your morning Briefing: Treasurer warns: don’t risk surplus on stimulus

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

Hello readers. The Treasurer rejects calls to further prod the economy into life, and Billie Jean’s king hit on Margaret Court.

08/07/2019: Federal Treasurer Josh Frydenberg (left) & Assistant Treasurer Michael Sukkar, at Duralift in South Croydon. Stuart McEvoy/The Australian.

‘Don’t risk surplus’

Josh Frydenberg has repudiated calls for the government to provide further fiscal stimulus, declaring the ­surplus would be at risk.

-

Federal Opposition Leader Anthony Albanese is seen during a press conference next to a major intersection in Brisbane's north, Monday, July 8, 2019. Mr Albanese discussed a proposed federally-funded upgrade to the intersection. (AAP Image/Dan Peled) NO ARCHIVING

Back to the drawing board

Anthony Albanese will have to move towards abandoning key revenue-raising policies Labor took to the recent election, writes Judith Sloan. Troy Bramston suggests Shorten ran a smarter show as Albo has had more positions on tax cuts than the Kama Sutra.

-

Australia's Ashleigh Barty adjusts her cap during a break in a women's singles match against United States' Alison Riske during day seven of the Wimbledon Tennis Championships in London, Monday, July 8, 2019. (AP Photo/Ben Curtis)

Barty out

Australian Ash Barty’s dream run of victories has ended, with a shock fourth-round defeat by American Alison Riske last night.

-

Margaret Court Smith, with Bille Jean Moffit on her left, before the finals at Wimbledon, England in June 1962. (AP Photo) AP ref 6806010697 (MC2)

King hit

Tennis, specifically Billie Jean King and her admirers, has a looming crisis. Its name is Margaret Court.

-

Kudelka’s view

Jon Kudelka Letters Cartoon for 09-07-2019. 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.