Your morning Briefing
Welcome to your morning digest of the top stories of the day.
Hello readers and welcome to your two-minute digest of what’s making news today.
Data loss
The Commonwealth Bank admits it lost 15 years’ worth of data of close to 20 million accounts but denies their personal information was compromised.Meantime, Leo Shanahan reveals how the woman who ran the CBA wealth management arm that charged fees to the dead has received a million-dollar windfall. Are the banks really listening, asks Wealth Editor James Kirby.
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Shorten ‘war chest’ claim
Bill Shorten is peddling an unverified estimate to attack the Business Council of Australia, claiming it is using a $26m war chest to “buy” the election for the Liberals. Coalition ministers yesterday attacked the Opposition Leader over the claim, accusing Labor of free-riding on the political campaigning efforts of unions and left-wing activist group GetUp! while condemning business for attempting to engage with the community.
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Cops look to Brazil
Police investigating the suspicious death of Brazilian executive Cecilia Haddad are chasing leads in her country of birth, where her ex-boyfriend is currently staying having left Sydney in recent days. Police launched Strike Force Bronwyn to investigate and already have several people of interest as they closely examine her life and relationships. Her ex-lover is understood to have flown to Rio de Janeiro on Saturday, leading police to make inquiries there.
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Murray tapped for AMP
Here’s an exciting AMP board development: word is David Murray has been approached to join Mike Wilkins’ board, according to Margin Call. Australian business figures don’t get much more different from Catherine Brenner than the 69-year-old Murray, a former chief executive of Commonwealth Bank from 1992 to 2005, a less scandalous iteration of its history.
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Bomber breaking bad.
There are few people who saw football quite like Mark “Bomber” Thompson, writes Chip Le Grand. From his place high in the stands, he was a virtuoso, a man with a rare sporting gift. It was outside the coaches’ box, away from the stadium lights, that Thompson’s life spiralled out of control. Now, the Bomber is breaking bad, facing serious criminal drug trafficking charges.