Australia’s banks are about to get tough on borrowers, risking a new economic slump for the country. 

Also today:

• Fears that the Victorian outbreak in COVID19 has spread to NSW
• How wealthy is Tesla founder Elon Musk?
• And why forklift drivers are more in demand than university graduates

Plus, an interview with AMP senior economist Diana Mousina about tax reform – while it can sound dull, it definitely isn't, and it affects every one of us.