Nine newspapers are reporting that a two-year attempted clean-up of Victoria's big build has failed to stop sums of money flowing from state and federally funded projects through to the underworld. 

We hear from the federal opposition and government on the revelations from 60 Minutes. 

Then, independent MP Monique Ryan explains why she wants to change the date of HECS indexation, and what she makes of the new party formed by two high profile independents. 

And we turn to the crisis in Venezuela, following the devastating twin earthquakes last week. 

Recap the morning's news, politics and global affairs with the Breakfast Wrap.