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The 10 most important things in the world right now Hello! Here's what you need to know on Tuesday.

'The 457 visa is abolished' The replacement regime will include shorter term visas that make it harder to gain permanent residency, as well as a reduction in the number of skills eligible for the visa.

The Commonwealth Bank says these 3 factors are behind the sharp slump in iron ore prices Iron ore prices continue to unravel.

The state of global nuclear weapons today, and why North Korean tests would be suicidal Nuclear bombs have a strange quality.

TPG will 'kill Vodafone, not Telstra' There is some stiff competition.

CHART: Almost 1.3 million people have come to Australia on 457 work visas over the last 20 years Prime minister Malcolm Turnbull today announced the government was scrapping the program.

Esperance shark attack victim Laeticia Brouwer died doing 'something she treasured doing' The teenager, along with her sister and father, were keen surfers from the town of Singleton, south of Perth.

The new player in the race to build a flying car, the 'CityHawk', actually looks like a car Here's a flying car with a difference.

A leading startup CEO says abolishing 457 visas could drive companies to set up in Europe or the US While the immediate impact was uncertain, an unfillable skills shortage may force startups to flee Australia.

Companies are starting to hire based on merit rather than qualifications Think supply and demand.

The flu vaccine is more important than you may think Generally speaking, if you are vaccinated, you're less likely to get the flu. But that's not the whole story.

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