Morning everyone. The rising cost of living is eating away at Australians’ treasured way of life, but it’s also costing the country in togetherness. According to our top story this morning, a national measure of social cohesion is at its lowest ebb since it began to be tracked 16 years ago.
We’re also looking at how banks are making such huge profits despite those economic strains, the role of PwC in helping a Russian oligarch avoid sanctions, and Suella Braverman’s astonishing personal attack on Rishi Sunak as Britain’s political bloodletting continues.