There's a joke doing the rounds of Liberal MPs at the moment, and it neatly sums up the problems facing Malcolm Turnbull.
James Massola is chief political reporter in the Canberra bureau. He was a Walkley finalist in 2015 and has worked in the federal press gallery for eight years, including stints for The Australian Financial Review and The Australian before joining the Sydney Morning Herald and The Age.
Prime Minister Malcolm Turnbull will appeal directly to Labor and the minor political parties to "meet us in the sensible centre" or risk the wrath of Australians who want their politicians to work together and compromise.
A generation of Australians has never known a recession or high unemployment but unless hard decisions are taken soon, there is a "terrible risk" complacency could end Australia's 25 consecutive years of economic growth, Treasurer Scott Morrison has warned.
Bill Shorten has proposed a new compromise on superannuation reform that would deliver a net improvement of $238 million to the budget bottom line and deal with concerns that a proposed $500,000 life time cap is retrospective.
Opposition leader Bill Shorten will look to turn the tables on the federal coalition and challenge Prime Minister Malcolm Turnbull to adopt Labor savings worth $80 billion over a decade.
Senator Cormann has challenged Labor to step up to plate and work with the Coalition to pass savings through Parliament.
Malcolm Turnbull is a man under pressure.
Julie Bishop will kickstart her second term as Foreign Minister with a new white paper that will establish a "philosophical framework to guide Australia's engagement, regardless of international events".
Labor questioned Malcolm Turnbull's call to "reach across the aisle" and repair the federal budget, revealing the government has ignored requests for briefings on the proposed $6 billion in superannuation changes.
Prime Minister Malcolm Turnbull will ramp up pressure on the federal opposition to support $6 billion in government savings it committed to during the election, promising he is ready to "reach across the aisle" to repair the budget.