SBS Korean Program analyses and sums up the major national news from Australia's mainstream daily newspapers.
The Australian
Scott Morrison has bowed to demands for an independent medical review panel to vet asylum-seeker transfers from regional processing centres to Australian health facilities as the government faces the risk of a historic defeat on the floor of parliament next week over Kerryn Phelps's medivac bill.
Australia's banks are bracing for the biggest overhaul of their operations in generations, with royal commissioner Kenneth Hayne's report into financial industry misconduct expected today to propose civil and criminal prosecutions for rogue companies and executives and tougher watchdog oversight.
The Courier-Mail
Townsville residents last night faced the horrifying threat of a wall of water rushing through the already flood-stricken city as the Ross River Dam floodgates automatically tripped open about 8pm, after days of torrential rainfall.
The Sydney Morning Herald
Shadow treasurer Chris Bowen says Australians have been "chained to a treadmill of low-wage jobs" since the coalition took power in 2013 as Labor signals it will target Scott Morrison's management of the economy as an election weakness.
The Daily Telegraph
Labor's elite will avoid their $56 billion attack on hundreds of thousands of Australians' superannuation, and some will retire on nearly $200,000 a year.
The Age
Shadow treasurer Chris Bowen says Australians have been "chained to a treadmill of low-wage jobs" since the coalition took power in 2013, with Labor signalling it will target Scott Morrison's management of the economy as an election weakness.
Out-of-control blazes threatened homes and lives yesterday as hundreds of firefighters battled major blazes across Victoria. Firefighters were stretched to the limit, fighting several large fires throughout the state.
The practice of gay conversion therapy will be banned in Victoria, after the Health Complaints Commissioner found "overwhelming evidence" it did serious and long-term harm to those who received it.
