Business in Australia is up for a tough six months, according to the Prime Minister, and many will fold as government assistance packages are removed and the focus shifts towards investing for growth.

Also today:

• The Labor Party in Victoria is in a world of pain, with a cabinet minister sacked over cash payments.
• Guess which is the biggest car company in the world?
• The media versus Facebook and Google gets nasty

Plus an interview with Deloitte Access Economics partner Chris Richardson about why tax reform is so important for Australia’s future.