Your morning Briefing

Welcome to your morning roundup of what’s making news and the must-reads for today.

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

Bill Shorten's holiday accommodatiom needed repairs after his family spent the summer there.

Bill’s blue Monday

It’s a bad start to the week for Bill Shorten, as our latest exclusive Newspoll shows Malcolm Turnbull has cemented his command as the nation’s preferred prime minister, while the Opposition Leader also trails Tanya Plibersek and Anthony Albanese as preferred Labor Party leader and it has also been revealed that a luxury home at Bawley Point on the NSW south coast was left needing repairs after it was rented by the Shorten family for a three-week vacation. Richo, meanwhile, says Shorten will go nowhere with his latest lurch to the left. Keep up with all the latest as parliament returns from the holiday break today, in our live blog, PoliticsNow.

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Richard Deng from the South Sudanese Community Association of Victoria, speaking about the importance of not generalizing when talking about race, racial profiling by police and what can be done to help young African kids committing crimes. Richard pictured in the cityPicture: Mark Wilson

‘Deport PM’

A South Sudanese community figure has warned the Liberal Party of political retribution for its handing of Melbourne’s youth crime crisis. South Sudanese Community Association spokesman Richard Deng has been the public face of Melbourne’s African community leaders during a month dominated by coverage of robberies, bashing and public brawls allegedly caused by African youth violence. Mr Deng told a crowd outside Victoria’s State Library yesterday he would mobilise against politicians he said were playing up the threat of youth crime, including Malcolm Turnbull and Home ­Affairs Minister Peter Dutton.

“They are playing political games and it is not right ... we were not prepared for what they said over the summer. We have to defend ourselves.”

Richard Deng

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Lord Mayor Robert Doyle and Federal Environment Minister Greg Hunt make a historic announcement at the Queen Victoria Market this morning. Lord Mayor Robert Doyle. Picture: Sarah Matray

Doyle quits

Robert Doyle sensationally quit as Melbourne lord mayor last night from hospital where he is being treated for emotional distress following sexual harassment claims. His wife Emma Page Campbell said she would stand by him and added in an emotional statement that the 64-year-old was suffering mentally and physically, and was on “the brink of being broken”. Three women, including two councillors, have made claims about Mr Doyle’s behaviour. It was announced on Friday that an investigation into the allegations would be delayed because Mr Doyle was seriously unwell. His lawyer, Nick Ruskin, released a statement last night saying Mr Doyle had quit as lord mayor and as chairman of Melbourne Health, seven weeks after the first claim was made by councillor Tessa Sullivan.

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NEW YORK, NY - FEBRUARY 2: Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the closing bell, February 2, 2018 in New York City. The Dow dropped 250 points at the open on Friday morning. The Dow plunged over 660 points on Friday, marking its biggest one day plunge since June 2016 following the Brexit vote. Drew Angerer/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

Investors brace

Local investors are bracing for a potential correction of the two-year bull run in shares after surging US bond yields triggered the biggest Wall Street sell-off since 2016. A 2.1 per cent drop in the S&P 500 share index on Friday — the worst day for the US benchmark since September 2016 — came as signs of faster-than-expected jobs growth there pushed the global benchmark US 10-year Treasury bond yield to a four-year high of 2.84 per cent. Wall Street’s weekend tumble will send a shockwave through global financial markets that have until recently tolerated rising bond yields and growing expectations of faster US interest rate hikes in response to synchronised economic growth and early signs of inflation, which mark the end of an unprecedented era of monetary stimulus since the global financial crisis.

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FILE - In this Sunday, Jan. 21, 2018 file photo, New England Patriots quarterback Tom Brady throws a pass during the first half of the AFC championship NFL football game against the Jacksonville Jaguars in Foxborough, Mass. For the third time, Tom Brady is the NFL's Most Valuable Player. Brady added The Associated Press 2017 NFL MVP award Saturday night, Feb. 3, 2018 at NFL Honors to his wins in 2007 and 2010. (AP Photo/David J. Phillip, File)

Super Bowl LII

With the much-fancied New England Patriots set to take on the Philadelphia Eagles, the hype around Super Bowl LII is uncannily similar to the build-up to last year’s NRL grand final, writes Will Swanton, in that we have a legendary veteran player trying to cap an incredible career by getting another championship ring against a banged-up, beat-up, underdog side that has a groundswell of sentimental favouritism stemming from the global predisposition towards the tall poppy syndrome. Greatness is under-appreciated in situations like these. Don’t miss all the action in our live Super Bowl blog.

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Kudelka’s view

Jon Kudelka Letters cartoon for 05-01-18 Version: (650x366)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.