The World Today

Prince was one of the most revolutionary and exciting musicians of recent times. His talents were vast, and his perfectionism made for great material. So when he died suddenly last year, fans and industry insiders hoped that some of his rare and unreleased material, for which he was well known for recording and stashing away, would be released. That hope is about to be granted, with a deal signed between the late star's estate and the music and entertainment company Universal Music. The deal means some of his older cult hits will also be available to stream; something Prince largely avoided.

The South Australian government says it's lost faith in the national electricity market and has been abandoned by the Commonwealth when it comes to energy. Thousands of customers had power cut last night because of insufficient generation, as the state sweltered through 40 degree plus temperatures.

The latest South Australian blackout is playing into the political debate in Canberra about national energy policy. The Prime Minister Malcolm Turnbull's again calling on state Labor governments to abandon aggressive renewable energy targets and get behind his government's more modest goals. But the Federal Opposition's calling on Mr Turnbull's Government to give more details about what the national energy regulator did to try and prevent the blackout.

The Prime Minister has had another extraordinary spray at the Opposition Leader today, following on from his blistering speech in the Parliament yesterday. Malcolm Turnbull says Bill Shorten is a hypocrite, envious, and a sycophant. The Opposition Leader, who regularly called the PM 'Mr Harbourside Mansion' says Labor is above petty politics.

At least one asylum seeker has been removed from the Manus Island detention centre to be deported, according to a lawyer who represents hundreds of detainees. Immigration authorities in Papua New Guinea have previously said they were preparing to deport 163 men whose refugee claims had been rejected.

Troubled financial services giant AMP has posted its first full year loss since 2003 amid a continuing crisis in its life insurance and wealth protection divisions. AMP reported a $344 million net loss after last year's write-downs due to pressure in its bread and butter businesses and continuing regulatory scrutiny of banks and insurers. But chief executive Craig Meller says AMP's financial position remains strong. ABC's Peter Ryan discusses the loss.

The Federal Government's search to find a storage solution for low to intermediate level radioactive waste is continuing in South Australia. The waste, mainly from medical procedures is currently stored in places like hospitals, but the Government wants to keep it all together. It's brought in a French delegation to share their experience in hosting such a facility, and help address some of the concerns previously raised about the project.

Monash University Associate Professor Peter Holland's research at the School of Management has highlighted the downsides of social media for employees and the need for them to be very careful about what they post. But now he's suggesting that social media could be a powerful platform for employees to have a voice in the workforce.

The White House insists that US President Donald Trump did not misuse his power after he criticised an American department store on Twitter. President Trump has accused Nordstrom of treating his daughter unfairly by dropping her clothing line.

The top US Commander on the ground in Iraq says he expects to have taken back the Islamic State held cities of Mosul and Raqqa within six months. Army Lieutenant General Stephen Townsend made the prediction as the Pentagon develops a plan to accelerate its campaign.