Your noon Briefing: US unveils charges against Huawei

Your 2-minute digest of today’s top stories and a long read for lunchtime.

Hello readers. The US has unveiled sweeping set of charges against Huawei, while locally, TPG Telecom has pulled the plug on its mobile network.

WASHINGTON, DC - JANUARY 28: (L-R) U.S. Commerce Secretary Wilbur Ross, acting Attorney General Matthew Whitaker, Homeland Security Secretary Kirstjen Nielsen, Federal Bureau of Investigation Director Christopher Wray and U.S. Attorney Richard Donoghue of the Eastern District of New York announce new criminal charges against Chinese telecommunications giant Huawei at the Department of Justice January 28, 2019 in Washington, DC. The Justice Department is charging Huawei and its American affiliate with theft of trade secrets, wire fraud, and obstruction of justice. The recent arrest of Huawei CFO Meng Wanzhou in Canada has strained relations between the United States and China as the Trump administration seeks to have her extradited to the U.S. Chip Somodevilla/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

Huawei charges

The Trump administration reveals sweeping set of charges against Huawei including fraud, violations of sanctions and conspiring to obstruct justice. TPG Telecom, meantime, has pulled the plug on its mobile network, citing the banning of Huawei as the main reason for the decision.

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One of the aircraft is seen during the State Aircraft Fleet and summer fire campaign launch in Avalon, Victoria, Tuesday, December 4, 2018. (AAP Image/Daniel Pockett) NO ARCHIVING

Choppers grounded

Six firefighting helicopters have been grounded across the country ahead of one of the worst days for bushfires this season.

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Yumi Stynes and Kerri-Ann Kenneryley have gone to war on Studio 10.

Racism row

An on-air racism row between Kerri-Anne Kennerley and Yumi Stynes has sparked a protest outside Channel 10’s Sydney studio.

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Prime Minister Scott Morrison visited St Matthews Cemetery in Windsor where some of his ancestors who came to Australia as convicts are buried.Here laid down flowers to honour them.Photo: Tim Pascoe

Coalition’s chance

If it chooses the right policy battles and warns of the perils of a Shorten government, the Coalition could scrape over the line, writes Chris Kenny.

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A container ship is loaded at a terminal in the harbour of Hamburg, Germany September 23, 2012. Picture taken September 23, 2012. REUTERS/Fabian Bimmer/File Photo TPX IMAGES OF THE DAY - D1BETOJCRQAB

The long read: Trade’s grave new world

A new pattern of commerce exists after a golden age of globalisation, according to The Economist.

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Comment of the day

Life under Labor in 2020.

1. The value of your biggest asset will fall

2. Your retirement savings will fall

3. The sharemarket will fall

4. Labor’s big new taxes on property and shares

5. Labor’s big new tax on the family business (trust)

6. Labor’s $200 billion tax grab from everyday Australians (yes you!)

7. The recession we had to have apparently

David, in response to ‘Newspoll: Coalition in new year bounce’.