From the Crikey grapevine, the latest tips and rumours …

War on punctuation. The government has announced that its biannual party of red tape reduction is no more, with assistant minister for productivity Peter Hendy saying that most of the work has already been done in repealing laws with unnecessary red tape. Labor finance spokesman Tony Burke used the announcement to send out a press release saying that hyphens and semi-colons have been given a reprieve: