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Key events
Welcome
Good morning and welcome to our rolling news coverage. I’m Martin Farrer and I’ll be bringing you some of the top stories before my colleague takes the reins.
We have an exclusive this morning from our chief political correspondent, Paul Karp. He reports that banks will be compelled to hand over the data of 1.7 million landlords, including transaction details, as part of a tax office crackdown in search of $1.3bn in revenue lost from residential investment properties. More coming on that story.
After news that Australia has reached a deal with China that may lead to the removal of tariffs on barley introduced at the height of diplomatic tensions in 2020, officials in Beijing have said they will work constructively with Canberra to “resolve our respective concerns on trade and economic issues in a balanced way” and “reestablish trust” between the two countries.
Tributes are being paid to John Olsen, one of Australia’s most celebrated artists, who has died aged 95. Olsen, who was best known for his landscapes and won the Archibald prize in 2005, died on Tuesday evening surrounded by his family.
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