Good morning, early birds. The US President continues apace to fire senior officials. Plus, Bill Shorten's planned strike against wealthy investors seems to have backfired. It's the news you need to know, with Chris Woods.
US President Donald Trump has sacked Secretary of State Rex Tillerson and replaced him with CIA Director Mike Pompeo.
The Sydney Morning Herald reports that the swap, induced when Trump asked Tillerson to step aside last Friday, was orchestrated as part of a major shakeup of Trump’s national security team ahead of May talks with North Korean leader Kim Jong-un and global trade negotiations. The White House has also fired top Tillerson aideSteve Goldstein for contradicting their account of the dismissal, namely for claiming that Tillerson had not spoken directly about the move with Trump.