Frydenberg’s changes to shareholder class actions smack of ‘cronyism’, lawyers say

The move has been made using emergency Covid-19 powers and favours company directors, they say

A surprise move by treasurer Josh Frydenberg to make shareholder class actions harder has been slammed by lawyers as cronyism that gives company directors the green light to hide bad information from investors.

“If bad directors take advantage of this change to lie to shareholders and people whose savings are in superannuation, the treasurer will share responsibility,” Jacob Varghese, the chief executive of law firm Maurice Blackburn, told Guardian Australia.

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‘We will simply disconnect’: Mike Pompeo and the Australian TV appearance that caused a diplomatic storm

A comment by the US secretary of state about Victoria’s belt and road project has ricocheted through Parliament House and the US embassy

When US secretary of state Mike Pompeo popped up on Australian television over the weekend it was not to be interviewed by the national broadcaster or indeed one of the main TV channels.

Instead he chose to appear on a fringe show with a relatively tiny audience hosted by a self-styled “outsider” who loves Donald Trump’s tweets almost as much as he loves railing against “the left”.

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Labor calls on Josh Frydenberg to front Covid-19 inquiry to explain jobkeeper ‘$60bn black hole’

Penny Wong says treasurer should have ‘the courage’ to take responsibility for error as Coalition faces calls to expand wage subsidy

Labor will attempt to pressure the treasurer, Josh Frydenberg, to appear before the Senate’s Covid-19 inquiry to explain the “$60bn black hole” in the jobkeeper program.

The move comes as the Morrison government faces growing calls to expand the wage subsidy to cover a wider group of workers, after revelations on Friday that the six-month program is now expected to cost the budget $70bn rather than $130bn.

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Covid commission boss Nev Power steps back at gas company amid conflict of interest concerns

The Morrison government commission has promoted gas as a key way to boost the economy after the coronavirus crisis

The head of the Morrison government commission tasked with coming up with plans to revitalise the economy after the coronavirus crisis, Nev Power, is to step aside from his position as deputy chairman of a gas company over conflict of interest concerns.

“Because of the perceptions of conflict of interest he has stepped back from participating in board meetings and will not participate in the decisions of the board” of Strike Energy, a spokesman for the National Covid-19 Coordination Commission said on Friday evening.

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Albanese demands Michael McCormack apology for ‘hair on fire’ climate change quip

Labor leader says deputy PM’s comment about activism is ‘entirely inappropriate’ after recent bushfires

Anthony Albanese has demanded the deputy prime minister and Nationals leader, Michael McCormack, apologise for observing that a lot of people “set their hair on fire” about climate change, given the recent experience of the catastrophic summer of bushfires.

The Labor leader said McCormack’s comment on Friday was “entirely inappropriate” given the government had conceded that climate change was one of the factors in the fires “that saw thousands of homes lost, that saw millions of hectares burnt, and that had a devastating impact on the communities of Queensland, New South Wales, Victoria, South Australia and Western Australia”.

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Australia coronavirus news: pressure mounts on Queensland to open borders – latest updates

Tourism operators and politicians are calling for Annastacia Palaszczuk to open the state’s border to domestic travellers. Follow live

Angus Taylor also spoke on the border closure issue while on the ABC:

Well, I think ultimately it’s a decision for Queensland but the advice coming in is very clear from the Chief Medical Officer and it’s clear what the New South Wales Premier has put her view as well.

What I want to see is opening up, getting things going again, jobs, investment and of course we have got to make sure all our policies are aligned with that at the federal level and we’d like to see states do the same and that includes our emissions policy which is all about strengthening the economy.

Speaking to the ABC a little earlier, Gladys Berejiklian says she did not think it was “logical at this stage to maintain those border closures for a prolonged period of time”.

She prefaced the comment with “that’s a matter for the Queensland premier and the Queensland government” before giving her opinion, so that might tell you how relations within national cabinet are starting to go.

New South Wales is in a position now where we’re really focused on jobs and the economy, and we’ll be able to get our industries up and running.

But for Australia to really move forward as a nation during this very difficult economic time as well as difficult health time, we do need our borders down, we do need to allow people to move between states, to live, to work, to see family.

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‘It’s done its job’: Dan Tehan flags end of free childcare under weight of increasing demand

Education minister claims scheme a success but says old system was effective as more parents set to return to work

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  • Dan Tehan has suggested the days of free childcare are numbered, as a return to the old subsidy model will be needed to keep centres viable as Australians return to work.

    The education minister told Radio National on Tuesday a new report on the free model showed it had “done its job” during the Covid-19 pandemic but will need to change.

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    Australian trade minister says ‘risk’ of trade with China may drive businesses to other markets

    Australia reserves the right to take China to the WTO amid growing trade dispute, Simon Birmingham says

    Simon Birmingham has warned China’s “unpredictable” trade interventions may force Australian producers to sell to other markets and diversification is to be encouraged given the “risk” of trade with China.

    The trade minister told ABC’s Insiders on Sunday that Australia reserves its right to take China to the World Trade Organisation, and revealed he is still yet to hear back from his Chinese counterpart about the growing trade dispute. He said his call “ought to be returned”.

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    Coronavirus Australia live news: Rockhampton aged-care nurse tests positive to Covid-19 – latest updates

    Queensland’s chief health officer says staff member in facility with 115 residents continued to work when sick. Follow live

    One of the eight new cases of Covid-19 detected in New South Wales in the past 24 hours is an overseas traveller who recently flew from Brisbane to Sydney after completing their mandatory 14-day quarantine period, the state’s health department said.

    Despite completing the quarantine in Brisbane, the person developed symptoms afterwards and NSW Health believes “it is likely they were infectious on the flight to Sydney”.

    Look I know it’s not strictly coronavirus-related but this video, put together by my colleagues Steph Harmon and Becca Leaver, of beloved children’s author Andy Griffiths answering questions sent in by our younger readers is very good and fun and wholesome.

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    Morrison government overhauls airport fees after threat of Nationals revolt

    Former Nationals leader Barnaby Joyce among those who raised objections to the Peter Dutton proposal for regional airport fees

    The Morrison government has overhauled cost recovery arrangements for regional airports to conduct security screening to head off a potential revolt by the Nationals in the Senate.

    The Centre Alliance senator Rex Patrick sought on Wednesday night to disallow regulations imposing security screening requirements that he says would have forced small airports to seek cost recovery through increases in landing charges. Patrick said the changes originally proposed by the home affairs minister Peter Dutton could see fares from Whyalla increase by $54 to $70 per passenger.

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    Coronavirus Australia live update: Marise Payne not consulted before George Christensen moved to ‘summons’ Chinese ambassador – latest news

    Treasurer says in statement in lieu of the federal budget: ‘There is no money tree. What we borrow today we must repay in the future.’ Follow the latest news live

    In what is becoming a common scene, there were long lines of international students waiting for donated meals today.

    This footage was shot in Sydney where restaurants in Chinatown are offering free meals to students who have lost jobs and aren’t eligible for jobseeker or jobkeeper.

    Quite incredible. A long line of international students in Sydney right now waiting for free food from a restaurant (line goes another 50m around the corner).

    International students have been hard hit and aren't eligible for coronavirus stimulus payments. Many rely on free meals pic.twitter.com/eTDtRFU8Lw

    Nathan Cleary, the Penrith Panther banned and fined by the NRL for being “untruthful” during the league’s investigation into his social distancing breach, has apologised.

    “I’m obviously embarrassed with myself and I’m not happy with what I’ve done,” he told the club’s website. “I just to want to apologise for my actions. My actions were irresponsible, selfish and pretty stupid, to be honest.

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    Australia coronavirus live update: Covidsafe app downloads reach 5.5m as Victoria begins easing Covid-19 restrictions – latest news

    Deputy CMO says there are ‘very serious risks’ from overcrowding as Victoria plans to lift lockdown rules and another Newmarch resident dies after testing negative. Follow all the latest news and updates, live

    Labor’s foreign affairs spokeswoman, Penny Wong, says Australia’s relationship with China is “not in a great place”.

    Speaking to ABC TV this afternoon, Wong said the relationship would benefit from “consistency and discipline and leadership” from the prime minister and foreign minister rather than backbencher-led commentary.

    Some Coalition backbenchers, including George Christensen and Concetta Fierravanti-Wells, have been pushing for Australia to take a hard line in its relations with China. Wong also called on the government to provide detailed briefings to parliamentarians on how Australia is handling the China relationship:

    I’ve said previously we need to think about the China relationship in 30-year terms, not in three-year terms. Unfortunately, there’s been a little too much from the Morrison government of a reflex to short-term domestic politics on this relationship and more broadly. And we would urge them to take a long-term position and a responsible position, and as much as possible a bipartisan position, when it comes to that relationship that’s in the national interests.

    Cafes and restaurants in South Australia were open to sit-down customers today, for the first time in seven weeks. I say sit down, not sit-in, because customers have to dine alfresco. It’s limited to a maximum of 10 customers.

    People will not be able to eat indoors at restaurants until June.

    It won’t be worth it for many organisations. Some states have told us 10 indoor dining and the industry told us 10 wouldn’t be viable. Even 20 will make it very difficult, so we are trying to work through, with the industry, how we can get them back to being viable as quickly as possible. But we’ve got to do it in a safe way.

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    Corruption watchdog warns it can’t investigate drug and bribe allegations at Australia’s borders

    Exclusive: Australian Commission for Law Enforcement Integrity says gaps in its powers make it harder to police borders

    Allegations of drug use, bribes, facilitation of drug importation and terrorism financing by agriculture department officers were unable to be investigated because of gaps in the federal anti-corruption watchdog’s powers.

    That is the warning from the Australian Commission for Law Enforcement Integrity (ACLEI) to a parliamentary inquiry into the integrity of Australia’s borders.

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    Covidsafe app: how Australia’s coronavirus contact tracing app works, what it does, downloads and problems

    The app will ask for your name (or pseudonym), age range, postcode and phone number. Scott Morrison says the Australian government’s covid safe tracking app won’t be mandatory to download and install, but its uptake numbers could play a part in easing Covid-19 restrictions

    The Australian government has launched Covidsafe, an app that traces every person running the app who has been in contact with someone else using the app who has tested positive for coronavirus in the previous few weeks, in a bid to automate coronavirus contact tracing, and allow the easing of restrictions.

    Here’s what we know about the app so far.

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    Labor wants secrecy in Ben Roberts-Smith defamation case to be examined by watchdog

    Shadow attorney general says use of national security law in defamation case is a first as the Coalition denies any sort of secret trial

    Labor wants the national security watchdog to examine the government’s use of powers to enforce secrecy on the defamation proceedings involving Ben Roberts-Smith.

    The government confirmed this week it had invoked the National Security Information Act in a civil case brought by Roberts-Smith, a special forces veteran who says stories published by the Age and the Sydney Morning Herald defamed him by suggesting he was a war criminal. Nine Entertainment, which owns the newspapers, is defending the allegation.

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    Jobkeeper payment: check your eligibility and when you should start getting paid

    The Australian government has passed legislation for a $1,500 per fortnight wage subsidy for eligible employers amid the coronavirus. Check your eligibility, how much you’ll get, when it will be paid and how it works with the jobseeker payments

    The Morrison government has passed a $130bn support package with a new jobkeeper payment – a wage subsidy to keep Australians in work.

    So who exactly is eligible for this payment and how much will they receive?

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    China and Australia: how a war of words over coronavirus turned to threats of a trade war

    Canberra’s call for an inquiry into the origins of Covid-19 sparked talk of boycotts from Beijing – but any such move could be harmful to both countries

    “Downright despicable”, “petty tricks”, “menacing”, “irrational”.

    The language of the diplomats and parliamentarians has been anything but diplomatic, and far from parliamentary. The robust conversations usually kept behind closed doors have tumbled into the public square, leaked to broadcasters and splashed in newsprint.

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    Coalition credibility is only as strong as its weakest link – and right now that’s Angus Taylor | Malcolm Farr

    There’s no evidence the minister did the dodgy document deed himself. But someone did and it’s hard to believe he doesn’t know who

    There are 13 people who should be able to help resolve the Angus Taylor mystery – and help the energy minister get it off the political agenda.

    They are the 13 who downloaded the Sydney City Council annual report 2017-18 between Friday 6 September and Monday 9 September last year.

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    Coronavirus Australia live updates: Scott Morrison labels Twiggy Forrest’s comments on Covid-19 origin ‘nonsense’ – latest news

    Sydney aged care home reports 13th coronavirus-related death as three more residents test positive, while Tasmania to lift north-west lockdown. Follow live

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    WA premier Mark McGowan is due to give an update at 2pm Perth time today, which is 4pm on the east coast.

    So, working backwards, we can expect an update from the prime minister on today’s national cabinet meeting some time between now and 4pm.

    I’m going to leave you for the day. Thanks for reading. Calla Wahlquist will take over from here.

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    Angus Taylor and Scott Morrison won’t be able to brush off uncomfortable questions much longer | Malcolm Farr

    As Australia moves back to normal activities, the Coalition will be held to account on standards of integrity

    It has taken a cruel and untamed global disaster to draw attention from the government’s record of questionable integrity standards.

    That record is bulging with episodes of controversial conduct, and they are not going to disappear into post-coronavirus history.

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