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10 things you need to know this morning in Australia

Sunday 8 May 2016

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10 things you need to know this morning in Australia

Yes, it's the election edition. At least no one should struggle to choose a side in this one. Plus, the sweetest airline cabin you'll ever see and a couple of rare, worthy Logies winners.
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Bad loans rise at the Commonwealth bank in the March quarter

The Commonwealth posted an unaudited cash profit of $2.3 billion for the March quarter, below expectations, as bad loans increased at Australia's biggest bank.
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6 things Australian traders will be talking about this morning

US stocks finished higher on Friday after the weaker than expected non-farm payrolls print of 160,000 saw traders wind back expectations of a Fed hike.
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BAML: We're revising our Fed rate hike call because of a 'loss of momentum' in US data

Friday's release of the April non-farm payrolls data in the US was a big miss.
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This Saudi millennial just cemented his position as one of the most powerful people in the world

Saudi Arabia is desperately trying to diversify its economy away from oil, and the person pulling the strings is 30-year-old Deputy Crown Prince Mohammed bin Salman.
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This balloon is actually a dessert at a three Michelin star restaurant in Chicago

Renowned chef Grant Achatz of three Michelin star rated Alinea Restaurant in Chicago has created an edible balloon made from green apple taffy and filled with real helium.
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A Navy SEAL reveals the hardest part of training

Former Navy SEAL sniper Brandon Webb completed one of the military's hardest training programs in order to become a SEAL and says the worst bit wasn't 'Hell Week'.
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'Game of Thrones' star teases her character's future: 'She's not the old Melisandre yet'

In one spine-tingling scene in the final minutes of last week's "Game of Thrones" episode, Melisandre became a hero to millions of fans.
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People who post about their relationships on Facebook might be hiding something

Psychotherapist M. Gary Neuman shows why you should hold back on posting about your significant other.

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