Photo: Mehdi Nazarinia
Australia correspondent Karen Middleton joins Kathryn to talk about regional airline Rex going into voluntary administration after struggling to compete with Qantas and Virgin.
The Prime Minister has rearranged his ministry to solve some political problems that had cropped up and the Australian and New Zealand finance ministers and climate change ministers are meeting for the annual 2+2 talks.
Also - Karen gives an update on how Australia is faring at the Olympics.
Karen Middleton is political editor of the Guardian Australia
