Prime Minister Scott Morrison has outlined a new era of industrial relations reform which he hopes will lead Australia out of recession.  Business and unions have welcomed the idea, but finding common ground won't be easy.

Also today: 

• The local sharemarket surges as states ease restrictions
• The Federal Government readies itself to jump in to save the all-important residential construction sector
• And one of the world’s great gambling moguls, Stanley Ho, dies leaving a mixed legacy

Plus an interview with Wes Lambert, the Chief Executive of the Restaurant and Catering Industry Association, who is upbeat about the sector after a battering during the pandemic.