Good morning, early birds. The Prime Minister has announced a windfall for Australia's defence exporters. Plus, blackouts across Melbourne as energy networks struggle in sweltering temperatures. It's the news you need to know, with Chris Woods.
Prime Minister Malcolm Turnbull will today announce a $3.8 billion fund aimed at bringing Australia into the world’s top 10 defence exporters.
The Australian ($) reports that the Coalition's global defence strategy, set to be announced during a growing military build-up in the Asia-Pacific region and following Turnbull's tour of Japan earlier this month, will make loans available to defence companies looking to grow Australian employment, innovation and arms exports.
The Morrison government is stuffing up everything it touches, domestically and diplomatically.
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And the Wankley goes to…
...Sydney radio station 2GB for bringing back the "Fake Sheikh".
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