7.13amLabor overtakes One Nation in new pollBy Brittany BuschFresh polling has revealed Pauline Hanson’s popularity has fallen after the One Nation leader’s sprawling Press Club speech in which she declared multiculturalism a “failed policy” and called for a monocultural society.Hanson’s net favourability dropped 10 points in the past month, according to The Australian Financial Review’s Redbridge poll.One Nation Senator Pauline Hanson’s favourability has dropped in new polling. Alex EllinghausenLabor retook the lead in the poll, gaining two points to 30 per cent of the primary vote, while One Nation dropped two points to 29 per cent. The Coalition did not benefit from One Nation’s slide, falling to 18 per cent, and Opposition Leader Angus Taylor’s personal rating fell five points to minus 9.The Australian’s Newspoll showed similar gains for Labor, from 30 to 33 per cent, while One Nation dipped from 31 to 29 per cent. Again, the Coalition failed to gain any ground, sliding to 17 per cent.6.46amSuper platforms warned, again, to protect client fundsBy Clancy YeatesBusinesses that oversee $300 billion in superannuation savings invested via wealth platforms are not doing enough to monitor for potentially excessive financial advice fees being deducted from members’ accounts, the corporate watchdog warns.The Australian Securities and Investments Commission (ASIC) will today say it was “overwhelmingly disappointed” after it conducted a review into how well super trustees in the platforms segment are safeguarding members’ retirement savings.Platforms, which have surged in popularity, allow members to have greater control over their super investments than traditional funds. They are technology systems that allow investors and financial advisers to manage money spread across multiple investment options.ASIC commissioner Simone Constant warned of “stark” and “persistent” failings, including in the monitoring of fees being charged by advisers.6.40amFuel prices return to pre-war levelsBy Nick ToscanoAustralian fuel prices are back to levels not seen since before the Iran war began four months ago, delivering much-needed relief to motorists as steep cuts in global oil costs continue flowing through to local service stations.New price data reveals that average unleaded petrol prices in Sydney and Melbourne have slid below $1.56 a litre, while diesel has dropped under $1.78 a litre. This marks the cheapest that fuel has been since late February, when Iran started blocking crude oil tankers from exiting the Persian Gulf, causing huge increases in the cost of fuel and triggering a global energy crisis.At today’s prices, petrol and diesel are about 40 per cent cheaper than they were at the height of the conflict, when unleaded reached a record-high national average of $2.53 a litre and diesel soared to $3.19.Prices began easing following a preliminary ceasefire and progress towards reopening the Strait of Hormuz – a vital maritime choke point off Iran’s southern coast that handles up to 20 per cent of global oil trade.Read the full story here.6.32amThis morning’s headlines at a glanceBy Jessica McSweeney1 of 1
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