UPDATED | Prime Minister Scott Morrison says Australian private and public sector organisations are being targeted in a sophisticated cyber attack by a foreign entity.
Rob Lucas’s razor-thin budget surplus has been effectively wiped out by a fresh writedown in GST revenues, with this morning’s federal update slashing the state’s receipts by $136 million in the current financial year.
Pauline Hanson has laid out why One Nation can no longer support the Turnbull government’s business tax cuts, blaming a lack of action on immigration, energy costs and encouraging firms to take on apprenticeships.
UPDATE | Prime Minister Malcolm Turnbull has bowed to growing internal pressure by setting up a year-long royal commission into the misconduct of Australia’s financial sector.
Australians appear to be taking a regional nuclear threat and jittery financial markets in their stride for now, although confidence remains hampered by weak wages growth.
Treasurer Scott Morrison will make changes to the way government debt is reported in the May budget to better explain what is “good and bad” debt.