Your noon Briefing
Welcome to your noon digest of what’s been making news and what to watch for.
Hello readers. Here is your noon round-up of today’s top stories so far and a long read for lunchtime.
‘We don’t ban enough’
The corporate watchdog, ASIC, has acknowledged it doesn’t ban enough dodgy planners from the finance industry. Ben Butler has the latest from the banking royal commission.
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Hung parliament?
With the polls potentially tightening, as they so often do as we get closer to general elections, we shouldn’t discount the possibility of a hung parliament, writes Peter van Onselen. Much of the focus has been on the wafer-thin majority Malcolm Turnbull enjoys. However, the other side of the coin to consider is Labor.
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‘Cut my bonus’
QBE chief executive Pat Regan has offered to take a $421,000 cut in his 2018 bonus after the insurer posted a big loss, and following complaints by some shareholders. QBE said Mr Regan volunteered the 25 per cent cut in the number of conditional rights proposed to be granted to him under the company’s executive remuneration plan for 2017.
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Peace summit
North Korean leader Kim Jong-un wrote an optimistic message in a guestbook at the Peace House in the DMZ, where his historic summit with South Korean President Moon Jae-in is taking place.
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The long read: Hiding in plain sight
Prosecutors reveal Golden State killer Joseph James DeAngelo was found using genealogical websites to find a DNA match. David Murray delves into the science that finally solved the enduring mystery of a terrifying Golden State crime spree dating back to the 1970s.
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Comment of the day
“Chris Bowen’s ineptitude is the Liberals’ strongest weapon. Combined with Bill Shorten’s sheer untrustworthiness (it) gives the Libs a sniff at the next election.”
Niels, in response to “Warning for Labor on investor negative gearing hit”.