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.
Shorten does Corbyn
Bill Shorten has declared war on private health insurers and vowed to lift the minimum wage, in a populist pitch to low-income earners, unionists and left-wing voters. The Opposition Leader said yesterday he would improve workers’ cost of living to avoid creating a “left-behind society”, but refused to outline how he would increase the minimum wage and reduce the cost of health insurance premiums. Simon Benson suggests that what little was left of the Keating-Hawke model died with Bill Shorten’s speech to the press club yesterday, while Chris Merritt believes the Opposition Leader’s promise to establish a federal ICAC is a gift to the PM.
“Our wages system is no longer delivering … enterprise bargaining is on life support. The game of snakes and ladders is now just a game of snakes for workers.”
Bill Shorten
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‘Mr Melbourne’ dead
High-profile businessman, prominent Liberal Party identity and former grand prix chief Ron Walker has died after a long battle with cancer.Mr Walker, 78, a former Melbourne lord mayor who later developed Crown casino, was known for years as “Mr Melbourne’’ because of his roles in major events, business and politics. Malcolm Turnbull last night led tributes to him. The Prime Minister described him as “a great Australian, magnificent Melburnian and ferociously committed Liberal”. “Ron was a wise and true friend to me as he was to so many Liberal leaders,’’ Mr Turnbull said. “We will not see his like again.”
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State of the Union
President Donald Trump will deliver his first State of the Union address, to a joint session of the US Congress, at 9pm in Washington (1pm AEDT). Joe Kennedy III, grandson of Bobby Kennedy, will give the Democratic Party’s response. What can we expect? President Trump is looking to showcase the accomplishments of his first year in office, while setting the tone for the second. Aides say he plans to set aside his more combative tone for one of compromise, and to make an appeal beyond his hard-right base. Stay abreast of events as they happen in our live blog of the address.
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Quiksilver CEO missing
French authorities have deployed boats and helicopters off the coast of southwest France to search for the chief executive of sportswear maker Quiksilver after his empty boat was found washed ashore. The port authority of the Atlantic beach town of Capbreton said the search was launched after Pierre Agnes’ empty boat was found washed up Tuesday in nearby Hossegor. Maritime authorities said two boats and three helicopters are involved in the search. The area is known for intense, sometimes dangerous waves that are prized by surfers.
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Rate-rig rap
Commonwealth Bank faces a fresh crisis just a day after naming a new chief executive, with the corporate watchdog launching an explosive Federal Court suit against the bank over claims it rigged a key interest rate benchmark. In a new test for incoming chief executive Matt Comyn, who promised to overhaul CBA’s culture following a string of high-profile scandals, the bank said it “disputes the allegations” brought against it by the Australian Securities & Investments Commission, suggesting the lender plans to fight the claim in court.
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Hewitt slams Tomic
Lleyton Hewitt has issued a scornful rebuttal of Bernard Tomic’s assertion Australia could not win without him, saying it was unlikely the fallen star would ever play Davis Cup again. “It’s highly doubtful,” Hewitt said when asked if Tomic could fight his way back into the team. “He’s made some mistakes. It will be a long way back.’’ In a further bizarre twist, Tomic last night said it was a mistake that he opted to join the cast of reality television show I’m A Celebrity ... Get Me Out Of Here, which is being filmed in South Africa. So he immediately quit the show in the African jungle after just three days, saying he had found clarity and would be “back on the court as soon as possible’’.
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Kudelka’s view