you are watching daybreak australia.st word news with alecia . >> donald trump has fired james comey. only the second fbi chief in the bureau's history to be dismissed. he has been leading on investigations into alleged russian meddling into the election and links to trump aids and associates. insurance watchdog risks.ing potential the regulatory commission says it is focusing on insurers' major stock purchases as well as investment in real estate and alternative asset. china's anticorruption agency began an investigation into the 's chair.n china may raise executive compensation at banks and other state-owned enterprises to retain talent. told theay someone business figures you may review a policy. review the policy. diamond's jimmy die earned $8 million. china will deliver even with slightly lower growth forecasts. ceo david abney tells bloomberg television the economy is still strong. with expansion figures that other countries would love to have. >> we are very optimistic about china. we have had a good experience th

not good news for australia.: in a way, the chinese leadership must feel like it is being given an opening or age-old and talk about the u.s. becoming more internally focused our nationsng from -- power nations. you hear beijing saying it wants to become a champion of globalization. do you think the leadership is ready? i think we should take a lot of the talk about china as a global leader or xi jinping has beos man, really needs to done with a grain of salt. we can't think of china as a country that allows for the free flow of talent and capital, the free flow of trade, and investment, when we know very well the inside china there intinue to be high barriers foreign investment and the like. what we are going to see his china moving into the vacuum, which american leadership, liberalism, -- changes might lead, but it will be a different kind of model where china is going to be seeking considerable one-sided advantage. haidi: in your note, you say this is essentially the equivalent of an election year for china.

the 29th prime minister of australia. [applause] >> our honored australian and american veterans of the battle of the coral see -- sea. [applause] >> our many distinguished guests. , northern australia after the war, the bombing of 240in with its loss of lives and the possibility of a subsequent inpatient. my parents listened to the five days of battle in the coral see -- sea with deep anxiety. thanks to the heroes gathered here tonight, i was given a peaceful childhood, breathing the air of australia and freedom. since those fateful days, grateful australia has not only fought and died alongside americans, but together we have proven what freedom, democracy, -- can produce. space exploration, medical advances, educational exchanges, and trade and investment in excess of a chilean dollars. tonight we honor the courage and valor of our soldiers. dollars.lion tonight we honor the courage and valor of our soldiers. following ande celebrate a victory and the values they fought and died for. mr. president and mr. prime ministe

this is daybreak australia.e are moments away from the opening of the first major markets. .etty: i am betty liu we are looking at how all the action on wall street will play into the asia-pacific trading day, kind of a whimper in how we ended trade on friday. retail sales numbers we are looking at friday morning coming in and missing estimates for the most part, so we will get more data this week that will include numbers on the housing market that will lead to more clues whether or not the big consumer demand we have seen in the u.s. driving the u.s. markets, whether that is peering out or not. on friday we close down, the dow was down 20 points, the s&p lower. the nasdaq composite pretty much unchanged on friday. sort of a mixed, mixed session. u.s. is in, and the this relentless phase of being range bound. againatility, falling heard the 90, 93 lows. is ifa, the big agenda china dials out retail sales, income investment and assessing the production. they are all set to move the markets today. in new zealand,

it is aimed at prioritising jobs for australia.rly a quarter of skilled immigrants, with others being british and filipinos. 8000 visas were granted to them in the last nine months to be how has the move gone down in india?” last nine months to be how has the move gone down in india? i really wonder. i cannot believe this has stopped. is there any other possibility out there? it is over. we have invested a lot of time into this. they have to move 200 occupations from the skilled list. those in the pipeline whose cases we re those in the pipeline whose cases were being processed, they suddenly cannot go along any longer. the last two years we have been very focused on going to australia. we started with our skill assessment. we paid $3000. we spoke to our families, with our skill assessment. we paid $3000. we spoke to ourfamilies, we said we are finally going. something like this was unexpected. the us is getting tougher on visas as well. people are migrating from the us and uk to canada and australia. people are migrating from the

you are watching daybreak australia. at futures ahead of the citi open, asian futures are broadly higher in the wake of that collective sigh of relief appalling scenario with the french elections. look at how we close in , i risk offown 0.7% session. we had the plunging commodities, inching the index the most in one year, horrible selloff in iron ore, a little bit down for a couple days. taking a look at how things might be brighter in the start of trading. we have got the last of the big banks coming out with their earnings, and westpac, many surprises. paul: westpac will be quite pleased with $4.2 billion, up 3%, net income $1.9 billion. the dividend is $.94. .he critical margin, 2.70% where we are seeing those, it is narrowing down in the past week and we had national australia bank. both of the banks shares sword. -- soared. we expect household credit growth to ease with the results as the house price is slow in australia. will be interesting to see that. haidi: and in the media sector we are seeing moves, announcing

america and australia are old friends and natural partners. and with your help we will remain so for a very, very long time to come. our two nations were born as the rebellious children of the same parent, it's very interesting. i've heard that before about people. for nearly a century, americans and australians have watched together, blended together, and died together as brothers and sisters. since the first world war when australians lead americans in the battle of the home l, our brave warriors have fought a shoulder to shoulder in every major conflict together. their righteous cause has always been the same the safety of our citizens and the survival of our freedom. from the beaches of normandy, a vicious, vicious fight, to the jungles of vietnam, and the desert landscapes of the middle east, lots of progress believe it or not after all these years is being made. americans have had no better friends than the australians, i mean that. [applause] we all proudly and profoundly grateful for australia's contributions in the syria, iraq, and af

that doesn't for daybreak australia. next two hours of daybreak asia with the trading week starting. ♪ ♪ >> a mixed start in the asia-pacific, dollar and the yen rising. 83 billion dollars, signs are global trade is strengthening. >> president trump's divided opinion, angela merkel hence europe and the u.s. are drifting apart. airline may leading list its shares on a foreign exchange. >> we have the world covered here on "daybreak asia" as we look forward to the sig

and that was closing fast on australia. in may 1942 they moved on the base just a few hundred miles from australian shores. it was there off the coast that american and australian ships met the enemy in the coral sea. on the morning of may 7, jack powers launched his dauntless dive bomber from the deck of the yorktown. he was some flyer, i can tell you that. soon he dived straight at an enemy carrier and dropped his bomb solo. he was almost caught in the blast. he was badly hurt. he escaped, and the carrier sank. that night on the yorktown, jack urged the other pilots to take the same risk. that is the way to do it, that is the way you win. that is the way you sink them. whatever the cost, even if it cost you your lives. that is how you think the ship. -- that is the way you sink the ship. he pressed his point. remember the folks back home are counting on us. in their courage, they turned the tide of the pacific war. they had tremendous success. they were knocking out ship after ship. that day jack flew his plane straight i

david: you did not think you would go back to australia?es: no, but i also did not think we would have a financial crisis. david: right. australians seem even keeled, and consultants are even keeled, so you seem to be an even keeled guy, but wall street ceos are thought to be people who throw at walls, scream, yell, slam phones down. so is that image wrong? or have you just succeeded even though you are low-key or do you actually throw things as well? [laughter] james: you seem modest and controlled in your personality. david you seem modest and : controlled in your personality. aren't you used to ceos who are throwing things? james: i think if you are the seventh of 12 children, you don't want to be the thrower. that is not going to end so well. no, i think part of it is honestly just personality and that probably helps shape you. your family obviously does. but i think these businesses have been on a 30-year transition from very tightly held private partnerships where frankly, more extreme the personal behavior, taking more risk because i

australia."break: >> ain't betty liu.e will be watching what is ahead on wall street and how asia may affect the trade. markets were closed today to commemorate memorial day. no action at all here in the u.s.. we have lots of economic numbers including japan. jobs numbers as well as retail sales data. haidi: that is right. weekjobs at the end of the and the fed trying to get the last word before the june meeting. in asia, a very meandering start to the week for global stocks. we had european stocks hardly moving. china yesterday closed. up about 1% at the moment. the dollar has been trading sideways given the absence of the market catalyst with the holiday start to the week. australia futures showing a downside of about .1%. we do have iron ore trading below $60 a ton for the first time since october. a note today saying they expect headwinds when it comes with a downgrade of china. a reminder of how vulnerable the aussie dollar is. potential further down risk. at $50 a barrel. gaine seeing iron ore above 1% but trading w

all the action in korea and australia. ; 30 p.m.day evening here in new york, where markets closed at the highs of the session. but basically flat. i'm betty liu in new york. yvonne: i'm yvonne man in hong kong and you are watching daybreak asia. let us get the first word news with nina melendez. south korea seems poised for radical change after months of political upheaval and scandal. the nation heads to the polls for elections triggered by the impeachment of former president park geun-hye. corruption have dominated the campaign along with worries about youth unemployment and an increasingly belligerent north korea. australia's triple-a credit rating is back under the microscope as turnbull government appears to deliver short savings. the struggle to balance the books has been complicated by recession level wage increases, and weaker growth after the mining boom. economists predict a deficit in 2018 of about 21 billion u.s. dollars. a surprise 14% jump in first quarter profit thanks to higher income from of management and insuranc

how is it being viewed in australia?nk many people in australia are curious to see their own prime minister left hanging. he flew a long way. the meeting was supposed to be about an hour expanded by bilateral talks. but political reality came down to a quick handshake. you have seen them on friendly terms so they will have another phone call later. people here accept that australia is a kind of second stream country when it comes to the major superpowers. but it could mean dealing with an unusual form of diplomacy when it comes to donald trump. he rubbished reports about their phone call. but he used twitter to call an international agreement with australia a done deal. i think eve ryo ne australia a done deal. i think everyone will carry on watching his twitter feed to see how prime minister turnbull comes out of all of this. thank you. let's take a look at some of the day's other news. after a bitter televised debate on wednesday night, the two candidates in the french presidential election, emmanuel macron and marine

you are watching daybreak australia.rgy minister set all of the oil producers he talked to her on board for a nine-month extension for the cuts in june. speaking in riyadh saturday, he said saudi arabia will not pick up any slack from people who deviate for the agreed output. >> i have not spoken or heard of against thethat is extension per se. everybody likes the extension. we have not achieved our objective. reporter: are you concerned the market is pricing the cuts in, meaning it will be difficult throughout? >> we are looking for a specific -- not looking for a specific price. we are looking for an agreement to a consensus and clarity for the markets, steady as we go, contributed with that. markets too much in the by a large group of producers, opec and non-opec working together. claritytive clearly is of where the market is going. i am less concerned about prices over the next 12 months and then supplies decade when may be short, and the approaching -- and we have the annual decline. unless we invest, overcome the d

australia's cricketers are standing as one. interesting men's and women's ashes, hinting that there will not be a series between england and australia if this is not resolved. the fast bowler pat cummings wrote players or staying strong. hashtag fair share. former australia test bowler mitchelljohnson tweeted this. former international kevin pietersen stoked the fire. hinting at a forfeit. australia's men's team will be contractually obliged to play in the champions trophy next month, but augusts test series in bangladesh is under threat. unless the situation is resolved. australia's women's squad for the world cup injune and july will be played in advance and employed only until the end of the tournament in england. away from all the threats, both cricket australia and its players will want this sorted amicably. for now, there just is not cricket. thank you. but taking care of every element of the outside sports section today. later on the programme we will turn into a much more serious matters, the situation in yemen is alrea

we have heard from anz bank in australia.i said, traders looking for those gains to feedthrough into other indices here to do not forget, we have had a weaker u.s. dollar. the bloomberg dollar spot index fell for the fourth straight decline, so that is helping some emerging-market currencies, so things are quite well set up for more gains here. anchor: they are indeed. what about the changes, david, in china's holdings in u.s. treasuries? what is that telling us about the strength of the world's second-biggest economy? david: betty, that is right. there was interesting data released yesterday by the treasury in the u.s.. we have been looking at that. if we dive into the bloomberg and pull up a chart, we can see china's holdings of u.s. treasuries rose to just under 1.1 trillion. that is the most in two years. it is certainly a further signal of strength in china's economy. we are seeing china's economy stabilizing somewhat and rising inflation's for factory profits, factory output. this is a further signal of strength. we saw

and australia. not just china and japan, it is the united states, one of australia's biggest trading partners. billion, as you can see here. will mr.25 years ago, trump up and all that time with mr. turnbull? maybe he will, but we not sure. with all of that money floating between the two countries, that is a big deal. yvonne: it is. turnbull was meeting mr. on an aircraft carrier, less time than expected. i believe he called them to say he was running late by a couple hours. it does not look ideal, does it? ramy: not really, they were delayed by three hours. mr. turnbull himself already arrived in new york on wednesday night. a full 24 hours in advance of to trump -- mr. trump had deal with things with the affordable care act in washington, but that said, it looks like mr. turnbull was waiting for mr. trump to turn up. from the sheer fact he was late, they only had about 30 minutes. that was condensed from an hour. and the comparison with the aircraft carrier, and xi jinping last month that mar-a-la

the minister of finance in australia.ney'sg bottom line takes a hit from espn at profit at the cable unit slides. we will break down the numbers next. this is bloomberg. ♪ film in extended trading because of the mess on , all and operating profit down to poor results from espn. sophie: there was a bright spot in the form of theme parks. >> this was a particularly important project for me. i worked on it for over 17 years. i am proud of what our team designed and created, but i am also proud of how it has been operated and how the chinese people have taken to it. frome a few days away hitting 10 million in attendance. we celebrate our first year anniversary in june, so we are running ahead of where we hoped to be. two thirds of the and tendons is outside the shanghai area. that is interesting because it suggests this is a national destination. frankly we did not expect that. we thought two thirds would be from within shanghai, and the opposite has been the case. that is very encouraging. we have a piece of land that is lar

let's get back to australia.has labeled parts of the turnbull government budget as unfair. let's cross over to canberra, bloomberg's paul allen. it is very interesting. the decline could have been delivered by labor, so what don't they like about it? let's ask the man himself. i'm joined outside parliament by jim chalmers, the shadow finance minister for the labour party. when i first looked at this budget, i thought this looked like an election budget. one of my colleagues said that, it looks like a labor budget. how are you going to oppose this? washere is no doubt that the objective, to make it look like a labor budget, because we have been leading the policy debate for some years. there are important differences. it is not a labor budget by any stretch. we would not have given a $15 billion tax cut or taken the deficit levy off the highest income earners, would not have cut schools and universities, because that follows the future of the country. there are -- because that hollows the future of the country. th

. >> the flattery drew applause from vermont senator bernie sanders who pointed out australia has thet of universal health care system that gives republicans hives. >> thank you, mr. president. let us move to a medicare for all system that does what every other major country on earth does, guarantee health care to all people at a fraction of the prosper capital. thank you, mr. president. we'll quote you on the floor of the senate. >> the principal deputy press secretary in her podium debut said, well, the president was just being a good host. >> i think he was simply being complimentary of the prime minister, and i don't think it was much more than that. >> the president insists repealing and replacing the onerous mandates of obamacare will lead to greater job growth, but things are already looking at. today's report on the number of new jobs created eclipsed expectations after the lackluster first quarter gdp. >> this mornings job report shows that the job of slashing burdensome regulations and negotiating pre-mimic fair trade deals is negotiating jobs across the country. >> saying,

the reserve bank of australia meeting today. is expected to leave policy unchanged especially decreasing -- especially with inflation. i want to bring in the chief economist at amp capital. great to have you. i want to ask you about the aussie. it is a bit confounding. that is the level fx traders would be looking at, because it has been pivoting of those levels. if we get a dovish comment today, is that going to drive it down to 74? it doesn't matter, because you would think arguably fundamentals would warrant weaker currency. thatthink there's no doubt the reserve bank would prefer the aussie dollar to be lower. philip lowe and others have said but they also say other central banks around the world want their currencies lower. if we see the break in the currency and dovish comments the next propelled the dollar lower. that said, i don't know if they will change the line. the line has been better a strong australian dollar was contract the rebalancing of the dollar. reason whiche rules out a rate hike anytime is the aussie doll

>> first, let me comment on australia.se australia has a great health care plan, the same one that norway and finland and denmark and the uk and france and canada have. it is called single-payer, medicare for all. it is what president obama should have done and did not do. but obamacare gets us as close to universal health care or medicare for all as we have ever been in this country. and ana, you were right, this republican plan goes in the exact opposite direction. and i think what this shows is that donald trump doesn't know what the hell is in that house plan. and by the way, neither do most of the members of the house who voted for it. >> but that's back to the question i originally asked you. why are democrats cheering this so much? >> i'm going to get to it. you know what, look, okay, was it silly to sing that on the house floor? maybe. but you know, at the same time, the republicans were playing the theme from "rocky" for their members in their caucus room, and they were delivering cases of bud light beer to the ho

most developed countries spend under $4,000. >> like australia?yeah. >> let's listen to what he had to say about australia and watch bernie sandersa react with surprise. >> going to get better. it is a good bill. the premiums are going to come down substantially. the deductibles are going to come down. it's going to be fantastic health care. right now obamacare care is failing. we have a failing health care. i shouldn't say this to our great gentlemen and my friend from australia, because you have better health care than we do. >> they have universal. >> i know. >> oh, okay. >> wait a minute, wait a minute, chris. >> all right. the president has just said it. that's great. let's take a look at the australian health care system, and let's move -- maybe he wants to take a look at the canned can system. thank you mr. president, let us move to a medicare for all system that does what every other major country on rert does guarantees health care to all people at a fraction of the cost per capita that we do. thank you mr. president, we'll quote you on t

australia pocky first people want control of their destiny again.ane: the newest member of congress comes with an interesting line on his resume. he was victorious in the montana special election after body slamming a reporter who asked about health care legislation. afterward he says he shouldn't have responded that way. >> a punch the air in delight. the republican accused of body slamming a reporter in celebration -- has a confession. . >> i took an action i cannot take that. i'm not proud of what happened. i should not have responded in way that i did and for that i'm sorry. >> and you're forgiven. [cheers] >> his supportsers may have forgiven him but police are , charging him with misdemeanor assault after allegedly wrestling to the floor this reporter, ben jacobs from "the guardian." >> i'm tired of you guys! the last time you came here you said the same thing! >> get the hell out of here! >> are you with "the guardian"? >> yes. and he you broke my glasses. >> donald trump had strongly endorsed his candidacy and a day after a little bit of pus

director of economics at national australia bank. how the end of traditional retail is creating a headache for inflation. this is bloomberg. ♪ haidi: this is "bloomberg markets." rishad: around the world, consumers are saving their pennies thanks to the explosion of online shopping. it has created a new headwinds for global inflation. let's find out what is going on here. a reporter has been tracking this trend. combination retail space is not new. the ongoing dizzying pace of change in the retail sector with online stores and price comparison websites and fierce one economists effect, theys aldi are currently pushing an expansion to the u.s. this is pushing prices for clothing, food, everyday goods that make up a good component of cpi industries around the world. even though there are other pressures pushing inflation, consumption remains the biggest part of the world economy. race towhy this ongoing the bottom amongst retailers is having an impact on them. haidi: this is just the new normal. we have to adjust inflation and citation

. >> what is the relationship with australia? >> i love australia. we have a fantastic relationship. i love australia. always have. the great governor is here today, a friend of ours. we have a lot of friends here tonight. >> a lot of friends. do you think you're going to put the refugee deal behind you? >> that has been worked out for a long time. >> we had a good telephone call. we had a great call. you guys exaggerated that call. a big exaggeration. we had a great call. we had a great call, right? we had a very, very good call. that was a little bit of fake news. >> exactly right. >> one can be expected to be enough to australia, mr. trump? >> that will happen. one of the great, great places. one of the most beautiful places on earth. i have so many friends there. i will be there. absolutely, we will be there. >> what is the relationship to celebrating the soft coral sea? >> i will be speaking about the battle of the coral sea tonight. that was some battle. a very important battle for both of us. we did it together. >> we did. it saved australia.

david: australia.are off the session low, but it broad-based selloff, the big names leading declines, bhp, watch.e, so something to japan and south korea are close this friday. haidi: that's right. some weird non-price action with the aussie dollar given the collapse and commodities. , malcolmith australia is meeting with president trump. we are hearing from president trump speaking at the commemoration of the coral sea battle, saying australia and america are old friends, and security requires friends you can count on. he is saying that military spending is coming back, and referring to that infamous phone call with prime minister turnbull, saying the phone call did get testy, but we are ok and we did not have a rough phone call, so perhaps stepping back from some of the more discordant comments he made following that phone call. we are continuing to watch that is president trump is speaking, also on the issue of the asylum seeker issue, that that has been resolved as well. still ahead, the details on

yvonne: elsewhere in australia, you have been watching the first australia banks report this week.s stack up? reporter: reasonably well. i will give you some of the numbers in australian dollars. net profit up 6% to $2.9 billion. billion,it was $3.41 up 23%, but still considered a slight miss. these numbers are really built on the success of anz's domestic units. paintf the other numbers more of a mixed picture, particularly interest margins, 2%.ing from 2.07% to -- that is global the lowest levels of the global financial crisis. the market is not terribly impressed with the anz shares, of about 2.5% right now. yvonne: thank you. sticking to banks, watching the banks in singapore after southeast asia's biggest lender dbs reported profit estimates. we have seen some better-than-expected earnings. are you seeing comments on the improvement? guest: it was a bit of a turnaround for dbs. they had a week fourth-quarter. then they had a 1% gain in net profits. in this one, we see a bigger fix from wealth management, so the wealth management business is doing well. i think the common threa

with australia, it was about refugees.h canada -- >> new axis of evil, canada, mexico and australia. >> we -- canada and the u.s. have been arguing with soft wood lumber the wood you build your house with. for hundreds of years. it was an ongoing debate. but it never got anywhere. it's one of those ongoing debates that sits there and it's unof the unresolved things. >> it's always on the list. >> you have to have a list. and we slapped a tariff on canada. i joked that day on tv that after you do that do you go home and kick your puppy? at some point -- these are our staunchest allies, we don't get into those fights. it's weird that donald trump can find testy discussions to have with the prime ministers of canada and australia, but it does now seem that he is learning not to fight with everybody. >> is he learning? >> well he is adapting. i think taking a foreign trip is a good thing. >> did he wait too long? >> i don't think so. no one is going to look back. he has a nato meeting and a g-7 meeting. part of the thing about

ino, ending the dual listing both australia and london.e close the australian listing? morrison says that will be contrary to the conditions of their merger agreement. he says that may lead to a criminal offense and the government would move to block that. there are not too many fans of this idea. moody's saying that it could be credit negative, highlighting their business as a significant asset. has majorroposal flaws. not very many fans. [speaking simultaneously] .> thank you very much let's take a look at how the broader markets are doing in the region. one market to watch is the cosby after coming back from the buddha birthday holiday. we are seeing a reaching a new kospi.for the mostly just doing a catch up rally. other larger markets like australia and new zealand are falling with the asx 200 down about 22 points, after no change , perhapsfed for march signaling that we could be seeing a fed hike in june despite that soft patch in the first quarter. more to come here on bloomberg television. you are watching bloomberg asia. ♪ did you

in his last public event yesterday with australia prime minister tur turnbull the president was basking in the glow. >> congratulations on your vote today. >> thank you very much. >> great. >> a big day. a big day. >> a big day. yep. reporter: president did send a quick note to his followers on twit eithe twitter this morning, big win in the house. very exciting. >> if the president hopies to get to phase 2 of his health care plan he needs to get phase one through senate, potentially heavier lift than house there is talk in senate of starting from scratch. hous urged both sides to come together. >> are for the sake of the american people. >> i would urge every senator to engage in this process, this is important to get right, as i mentioned before, current system is failing folks in the individual and small group market, that what to be changed. reporter: with blush of victory fresh, the president was in a gregarious mood last night, praising australia prime minister healthcare system. >> we have a fail ago i should not say this to my friend from australia, have you better healthcare th

seen australia and other economies like the u.s. is this phenomenon of that mixed when it comes to jobs numbers, ,ull-time job numbers declining skewing those numbers, so let's get to paul looking at these latest numbers, a bit of a roller coaster ride. yes, april 1 not disappoint. dramatic reduction in employment rates. the expectation was for 5000 jobs created. 37,400, there is an issue with jobsorkforce, full-time falling away, part-time jobs 11,600, 49,000n part-time jobs created. the participation rate rising to 64.8%, but another weird set of numbers. intact,nd seems to be the part-time job creation still same strong. the figure argument is where is the wage growth. paul: we have those numbers as well. still stagnant at 1.9% on year, heroicat below the assumptions for wage growth that underpinned the austrian budget. are to beumbers believed, the employment picture adline figure better than expected, andy aussie dollar popping above 74.39. thanks, paul. breaking news out of china. property prices for april. tom mackenzie is in

in his last public event yesterday with australia prime minister tur turnbull the president was basking in the glow. >> congratulations on your vote today. >> thank you very much. >> great. >> a big day. a big day. >> a big day. yep. reporter: president did send a quick note to his followers on twit eithe twitter this morning, big win in the house. very exciting. >> if the president hopies to get to phase 2 of his health care plan he needs to get phase one through senate, potentially heavier lift than house there is talk in senate of starting from scratch. house secretary tom price urged both sides to come together. >> are for the sake of the american people. >> i would urge every senator to engage in this process, this is important to get right, as i mentioned before, current system is failing folks in the individual and small group market, that what to be changed. reporter: with blush of victory fresh, the president was in a gregarious mood last night, praising australia prime minister healthcare system. >> we have a fail ago i should not say this to my friend from australia, have you

to accept refugees from australia?r there are reports that he maybe even hung up on his friend and ally? the president calls those greatly exaggerated. >> yeah, he called them fake news, but there was genuine leaks as to how this conversation went. they weren't theories. >>> a big jobs report due out this morning. what to expect. what it means for your money, next. stella artois has partnered with us at water.org to help provide access to clean water to women and their families in the developing world. we can be the generation remembered for ending the global water crisis once and for all. ♪ albreakthrough withyou back. non-drowsy allegra® for fast 5-in-1 multi-symptom relief. breakthrough allergies with allegra®. i am totally blind. and i live with non-24, a circadian rhythm disorder that can throw my days and nights out of sync, keeping me from the people, places, and things i love. the people i love have always been there for me. and now, i'm there for them, too. talk to your doctor, and call 844-214-2424 to learn m

you can see that australia, runners—up two years ago, face them.wo years ago, face them. eddie jones has joked that runners—up two years ago, face them. eddiejones has joked that he will have two visit a japanese temple to pray before taking on argentina. we'll hear from our reporter chrisjones on today's draw for the 2019 tournament injapan in a moment... but first, his namesake, eddie. well, we want to win the world cup. it's quite clear that we want to come here and win the world cup. what a great experience it would be winning the world cup injapan. it's the first time the rugby world cup is played outside the traditional countries, so we'll prepare well for that and every day until the world cup, we will prepare to get better. both of these teams have rich, world cup histories and will be formidable. eddie jones said cup histories and will be formidable. eddiejones said it's not a tough group but a good group and they needs those kind of matches to prepare for the quarterfinals. a quarterfinal meeting could be in store if england make it out o

it saved australia. it was the turning point in the war. >> those are some of the comments between the president and australia's prime minister. >> he has clearly been focusing on healthcare the last several days and obviously even tonight, one of the reasons he was late tonight. he said it will undergo some changes in the senate. that's an understatement. >> reporter: that's a major understatement. the reality is the senate will basically start fresh. this house bill will be the underlying measure they work off of but the senate will reexamine all of this, which means this is back to the drawing board essentially here. one thing interesting to watch going forward, what did the president learn about this process? senior administration officials explained to me in the last couple of hours they believe the president has said he will have a more hands-on approach here. we'll see if that works. sometimes that was successful in the house process, sometimes it was not. the reality is this was just the very beg

still to come on the programme: australia discusses how to recognise its first inhabitants.ace. in the biggest international sporting spectacle ever seen, up to 30 million people have taken part in sponsored athletic events to aid famine relief in africa. the first of what the makers of star wars hope will be thousands of queues started forming at 7am. taunting which led to scuffles, scuffles to fighting, fighting to full—scale riot as the liverpool fans broke out of their area and into the juve ntus enclosure. the belgian police had lost control. the whole world will mourn the tragic death of mr canaroo today. he was the father of the indian people and the day of independence. the oprah winfrey show comes to an end after 25 years and more than a500 episodes. the chat show has made her one of the richest people on the planet. gerri halliwell, otherwise known as ginger spice, has announced she's left the spice girls. i don't believe it, she's the one with the bounce, the go, the girl power. not geri, why? this is newsday on the bbc. i'm sharanjit leyl in singapore. i'm kasia

it saved australia. it was the turning point in the war. >> those are some of the comments between the president and australia's prime minister. >> he has clearly been focusing on healthcare the last several days and obviously even tonight, one of the reasons he was late tonight. he said it will undergo some changes in the senate. that's an understatement. it's unknown where it will go through the senate. >> reporter: that's a major understatement. the reality is the senate will basically start fresh. this house bill will be the underlying measure they work off of but the senate will reexamine all of this, which means this is back to the drawing board essentially here. one thing interesting to watch going forward, what did the president learn about this process? senior administration officials explained to me in the last couple of hours they believe the president has said he will have a more hands-on approach here. we'll see if that works. sometimes that was successful in the house process, sometimes it

well, australia, anyone's better than us. australia is better than us.hannous because our system is failing because luckily for everyone i have fixed it. >> donald trump doesn't really care about policy details so whether it relates to australia's health care system or the current u.s. health care system or what republicans are proposed to fix it, donald trump only cares about something that he can sell and that looks like a win for him politically, and so in that interview from a few months ago where he was talking about wanting to take care of everyone and cover everyone, well, sure, that sounds great. that sounds great in a campaign setting and that's probably why he said it and now he's working with the republican party that wants something different and so he's trying to get a win for everyone and make him look good. make the republican party look good. donald trump i think we have seen through his actions, through his words doesn't really care about policy. >> well, let's talk -- >> he said deductibles were going to be lower. >> big promises. >> pr