Good morning,

The collapse of plastics maker Qenos looms as a significant political embarrassment for Anthony Albanese, coming less than a week after the prime minister launched the government's manufacturing policy under the “Future Made in Australia” banner.

Star Entertainment has been accused of putting “profit before compliance” with former executives lining up at the second Bell inquiry to accuse ousted boss Robbie Cooke of a lack of integrity, withholding documents and disputing previously agreed decisions with his staff.

A surprise move by the sea-change shire of Mornington in Victoria to tax all new property developments has alarm bells ringing and will be watched closely by councils across Australia.

And for those in the legal field, The Australian is launching a new, free newsletter Ipso Facto with scoops, analysis and comment each week. Sign up here.

Five things to know this morning

1. ASX futures are signalling a positive start despite Nvidia-led falls on Wall Street. BHP's production update, Star inquiry and March jobs data in focus.
2. Rio Tinto says it expects to see strong iron ore demand from China as exports surge from the world’s biggest steel producer.
3. BOQ shares bounced 5.2 per cent after the bank flagged it had “bold” strategic initiatives under consideration to improve shareholder returns, as it reported a decline in first half cash profit dividends.
4. Industrial property powerhouse the Goodman Group is in talks with global funds manager Barings about selling it an industrial portfolio worth up to $800m.
5. Uber's former Queensland boss, who is being paid $500 an hour to appear as a witness in court, has testified the rideshare company used software to deceive regulators.