Tech giants could soon have a new multimillion-dollar motivator to negotiate deals with Australian media companies to pay for news, after details of Labor's proposed news bargaining incentive were finally revealed this week. On Thursday, Treasury released a new consultation paper on the mechanism, which was first announced late last year.

The Australia Security Intelligence Organisation (ASIO) has given a dramatic warning that sophisticated hackers backed by foreign governments are increasingly targeting Australian infrastructure such as telecommunications and airports. ASIO chief Mike Burgess warned we are now at "the threshold for high-impact sabotage".

The Liberals are set to dump net zero after a strong majority at a special party meeting spoke against the existing commitment to it. In a show of strength ahead of the debate, a phalanx of more than a dozen from the party's conservative faction walked together down the corridor to the meeting.