Brekky Wrap: Another CBA Scandal, China-U.S. Trade Tariffs And An NRL King-Hit
All the news you need to know this Monday.
The Commonwealth Bank has confirmed that thousands of children's accounts were manipulated by staff so they would earn bonuses. Branch staff do not receive a bonus if a deposit isn't made into a child's Dollarmite account every 30 days. Payments of just a few cents were made to the accounts once a month so a bonus would be received. CBA's CEO Matt Comyn called the practice "a breach of trust" but said customers were not financially compromised.
The Greens will not support an income tax plan under either a Labor or a Coalition government. Greens Leader Richard Di Natale said the cuts are no more than a government scheme to bribe voters. Di Natale said that there should be a greater focus on public services, schools and the NBN.
The NSW Government will introduce a bill into Parliament to protect Brumbies in the Snowy Mountains from culling. The law will acknowledge the heritage value of the animals and will force people to manage them in a non-lethal way. Conservationists however, do not support the move saying keeping the Brumbies hinders alpine conservation.
The U.S. and China have agreed to put their trade war on hold as they discuss a wider trade agreement. New U.S. tariffs on China were supposed to come into affect on Monday, however suspending these aims to assess future trade issues between the two nations. Both the U.S. and China have agreed to make structural reforms and reduce tariffs to improve relations between the two countries.
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Donald Trump has demanded that the Department Of Justice investigate if the Obama Administration surveilled his election campaign. The U.S President wants to know if the FBI or the DOJ interfered in the 2016 campaign for political reasons.
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In the NRL, Melbourne Storm's Curtis Scott has copped a three-match ban for punching Manly's Dylan Walker repeatedly during a match on Saturday night. Walker was left with serious injuries, including a broken eye socket and is facing at least six weeks off as he recovers. Storm coach Craig Bellamy condemned the behavior, saying Scott should have kept a level head.
Chrissy Teigen has shared the first image of her new baby boy. The picture of Miles Theodore Stephens was posted to Instagram, the star saying her household is overwhelmed with love. And how could it not be, Miles sure is a very cute little babe.
British National Police have shared a picture of a moment that gave them a shock on Saturday. As they monitored the crowds at the wedding of Meghan Markle and Prince Harry, an Aer Lingus plane, several thousand feet below them flew into view, blocking the scene of spectators on the ground. It's certainly not everyday you see a commercial jet from above!
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