Over in the Senate, Ian Macdonald is sticking up for one of the most marginalised groups in Australia.
He says he will oppose the axing of the gold travel pass for former MPs because "someone needs to start arguing for politicians".
Mr Shorten says Mr Turnbull's attacks say more about him.
When Mr Turnbull looks in the mirror all he sees are his failures, Mr Shorten says.
Mr Shorten, happily up on his high horse, says people are turned off politics by insults, yelling and the "Punch and Judy show".
"We do need to lift out of politics as usual," he says.
Mr Shorten would rather talk about the Coalition's "out of touch" policies.
Opposition Leader Bill Shorten is holding a press conference to talk about TAFE.
He is asked about Mr Turnbull's attack and says he feels sorry for the Prime Minister.
"He's clearly showing signs of pressure in the job," Mr Shorten says.
The Prime Minister gives a future voter a comprehensive history of the Triassic and Jurassic periods.
No jokes about various members of his party and views on climate change please.
Mr Turnbull has studiously avoided issuing a similar decree to his party amid increasing concerns the Coalition is bleeding votes to the hard right.
The West Australian Liberals are believed to be seeking deals with One Nation in certain seats ahead of the state March election, and the Queensland LNP is also grappling with how to deal with the issue ahead of their state poll later this year.
It also looks as if the party's Victorian branch might also dump its long-standing policy of putting One Nation last.
It has other plans for the day - namely the Coalition's tolerant approach to One Nation.
Mr Shorten has instructed the ALP not to do any preference deals with One Nation at the next federal election (now only two and a half years away!).
He wrote to the party's national secretary, Noah Carroll, earlier this week saying One Nation's agenda clearly clashed with Labor values.
"Labor believes in an Australia where no-one is limited by their faith, their race, by where they were born or who they love. That's not the Australia of the One Nation party," Mr Shorten wrote.
Labor is not all that fussed by Mr Turnbull's decision to shirt front Mr Shorten.
It's not sure a millionaire telling Mr Shorten he can't talk to wealthy people is a good look, particularly when it was an attempt to avoid talking about cuts to family and other welfare payments.
Victorian MP Rob Mitchell was sent out to provide this pithy quote: "If you're not a billionaire you're not worth S$%*."
"Transparency and accountability are critical" to give the public confidence that their money is being spent responsibly and ethically, Mr Turnbull says.
He presents the bill to the house.
This is a bit of a no-brainer. Labor will support it and it will sail through Parliament.
There might be a bit of huffing and puffing about how it could be better but everyone is, pretty much, on board with this one.
Mr Turnbull says it's high time the allowances system was tidied up and brought into the 21st century.
MPs will have to report back monthly on how they spent their allowances and entitlements.
There will be a new authority to oversee them (which takes them out of the hands of the Department of Finance).
Back to topAnd it's off to the House of Representatives where Mr Turnbull is introducing legislation to tidy up the system of MPs' entitlements and allowances.
The bells ring and the press conference comes to end.
Mr Turnbull is asked if perhaps it might be time to call a truce with Mr Shorten.
"Did he ask you to say that?" Mr Turnbull laughs.
Politics is about "strength of character", Mr Turnbull says before offering a character assessment of himself.
"I am my own man. I don't suck up to billionaires. I look them in the eye and when I need I take them on."
Also not surprisingly are questions about Mr Turnbull's attack on Mr Shorten yesterday.
"Shorten is a hypocrite," Mr Turnbull says not even bothering to preface 'Shorten' with 'Mr'.
"He's been a sycophant to the millionaires of Melbourne for years, everyone knows that."
"Those criticisms rang true. The people who know him best are his colleagues. They know he is a fake....He doesn't have a fair dinkum bone in him."
Mr Turnbull is accompanied by Education Minister Simon Birmingham and Social Services Minister Christian Porter.
Not surprisingly the three men are stressing how good the childcare changes are for most families.
"If you oppose these measures you oppose the 230,000 people who want to work more," Mr Porter says.
There's less talk of the welfare changes including raising the age of eligibility for Newstart to 25.
Prime Minister Malcolm Turnbull has just popped up to spruik the mega legislation the government launched yesterday which includes changes to childcare, family payments and welfare.
He is urging crossbench senators to support the package.
When last we met Coalition MPs were feeling mightily cheery after a fiery attack on Opposition Leader Bill Shorten by Prime Minister Malcolm Turnbull.
Deputy Prime Minister Barnaby Joyce enjoyed it so much he has been performing an encore for much of the morning.
"He couldn't run a pie shop and the thought of him running the country fills me with dread," Mr Joyce said.
Mr Joyce said he would rather have leaders with money and success running the country than someone "with the arse out of their pants who has never made a buck".
"Remember Mr Turnbull owns a nice stack on the harbour because he's worked very hard and been successful," Mr Joyce said. "That's what we want in this nation. We should celebrate success.
Good morning and welcome to the day in politics.
Andrew Meares, Alex Ellinghausen and I here to take you through the day's events.
Thank you so much for your company.
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