Senior Labour minister Peter Kyle warns the party hasn't learned from Conservatives about changing leaders, stating "entitlement is not a qualification." Wes Streeting calls for a "battle of ideas" over a "coronation" for potential leadership contenders.
President Trump confirmed the government could provide a rescue package for Spirit Airlines or buy the carrier outright.
Spirit Airlines warned at a U.S. bankruptcy court hearing in New York that it needs access to nearly $240 million in restricted cash or new financing within days to avoid shutting down. The Trump administration is in advanced talks to provide a $500 million loan that would give the government a 90% stake in the Florida-based discount carrier. The airline had expected to emerge from bankruptcy midyear but fuel price surges since the U.S. and Israel attacked Iran have complicated those plans.
Three weeks of wages have been guaranteed for Liberty Bell Bay smelter workers, but with no buyer locked in, questions remain about what happens next.
A short-term rescue package announced by the Tasmanian and federal governments will guarantee the wages of workers at the troubled Liberty Bell Bay smelter.
