Australia politics live: Tim Wilson says Coalition needs time to regain trust after another poll in the doldrums

Australia's government is tightening regulation of accounting and audit firms following the KPMG scandal. Financial Services Minister Daniel Mulino says the big-four firms' behavior 'simply isn't good enough,' and the government is accelerating options to prevent misuse of confidential client information. The move comes as the Coalition struggles in polls, with Tim Wilson saying the party needs time to rebuild trust.

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