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10 things you need to know this morning in Australia

Thursday 2 November 2017

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10 things you need to know this morning in Australia

The Trump tax plan is out, and it's huge. The workers getting six days a year off for not smoking. How to get an entire row in a plane. And Turnbull could lose yet another MP.
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SCOTT FARQUHAR: 'The reputation of Australia has been damaged'

Atlassian, the country's largest and most successful software export, has been struggling with attracting and retaining staff in Australia since the federal government changed the 457 visa rules.
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LIVE: Apple crushes its Q4 earnings

Apple topped Wall Street targets across the board in its fiscal fourth quarter, displaying strength across all its product lines on the eve of one of the most anticipated iPhone launches ever.
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6 things Australian traders will be talking about this morning

The Bank of England cut for the first time in a decade.
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A new species of great ape has been discovered

Described for the first time in the latest edition of the Current Biology journal, the tapanuli orangutan has a population of just 800 in a small patch of forest in the north of Indonesian island Sumatra.
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Gary Shilling: Here's how I'd fix the Fed

Financial analyst Gary Shilling says the Fed has to get out of the forecasting business. 
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The asteroid that killed the dinosaurs triggered a global disaster far worse than scientists previously thought

A city-size asteroid or comet is thought to have killed the dinosaurs 66 million years ago. The impact, called the Chicxulub event, released unfathomable quantities of dust and gas, rapidly cooling the entire planet.
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The emergence of a new kind of fund could 'radically alter' the investment industry

Passive investment has exploded in popularity, putting pressure on active managers that charge higher fees. 

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