PM speaks to Biden, retail surges, Telstra finds $20 billion

Prime Minister Scott Morrison moves to shore up support from the US and Japan, as the spat between Canberra and Beijing escalates.

Also today:

•   Wesfarmers and Woolworths report strong sales growth.
•   Telstra unveils a new structure, finding $20 billion along the way
•   And Nine Entertainment wins new advertisers, and the tennis

Plus an interview with Dan Rosen, Chief Executive of the Australian Recording Industry Association, about the music industry.

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