Your morning Briefing
Welcome to your morning roundup of what’s making news and the must-reads for today.
Good morning readers. Here is your two-minute digest of what’s making news today.
Joyce open to bank inquiry revolt
Barnaby Joyce has signalled a push by the Nationals to defy the Turnbull cabinet and embrace a banking inquiry — a move that could force an embarrassing policy backflip or risk leaving the government humiliated on the floor of parliament. The Australian understands Mr Joyce believes the Nationals will “most likely” decide to support Queensland senator Barry O’Sullivan’s bill for a commission of inquiry at a partyroom meeting next week. Support for a banks probe would split the Coalition and increase pressure on Malcolm Turnbull to take ownership of an inquiry or face the prospect of Coalition MPs crossing the floor and voting with Labor and crossbench MPs. Judith Sloan, meantime, believes it’s the PM who needs to be called to account, not the banks.
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Preferences cost LNP all hope
One Nation’s decision to preference against sitting MPs cost the Liberal National Party any chance it had in the Queensland election, gifting Labor the Brisbane seats that turned the result. On Saturday, Pauline Hanson’s supporters did exactly what they were told and followed the how-to-vote card, making the One Nation vote a lose-lose proposition for the LNP. Stay abreast of all the post-poll developments in our live rolling blog, Queensland Decides.
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Prince’s proposal makes Markle sparkle
Harry and Meghan Markle effusively gushed about their relationship in a candid first interview since announcing their wedding in the northern hemisphere Spring, with Prince Harry revealing he got down on bended knee while roasting chicken in their Nottingham Cottage love nest. Ms Markle revealed she didn’t wait for Prince Harry to finish asking the question before saying, “yes, yes, yes’’. Prince Harry added that he had to ask her if she then wanted to see the ring he had specially designed. “It was so sweet and natural and very romantic,’’ Ms Markle said.
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Bullish on Bermuda shorts
The trove of 13 million financial and tax documents known as the Paradise Papers has been opened up, revealing far more Australians than the late INXS frontman Michael Hutchence used the creative services of the Bermuda-based offshore legal specialist Appleby. A Margin Call investigation has found a host of Australia’s most respected business figures, some of its wealthiest bankers and members of local billionaire dynasties used, or were involved with, the tax-minimising Bermuda shorts brigade.
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Woakes as Stokes? A joke.
Having Chris Woakes stand in as a pace bowling all-rounder for Ben Stokes is like casting Hugh Grant as Hannibal Lecter, writes Gideon Haigh. England’s performance in the first Test recalls Earl Wavell’s observation that his inspirational prime minister was always expecting you to pull rabbits from empty hats. Joe Root did his best in Brisbane, and exhibited considerable personal grit. But circumstances have him waving a rather hollow topper. Nor is there much up his sleeve.
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Clement’s view