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10 things you need to know this morning in Australia

Sunday 6 May 2018

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10 things you need to know this morning in Australia

Good morning. Here's your smart, fast start to the day.
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6 things Australian traders will be talking about this morning

US jobs data on Friday night showed unemployment hit a 17-year low, and the USD's recent strength continued as it pushed higher against the euro and pound.
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Tax cuts are coming, but Australia's top earners might have to wait for up to 6 years

Treasurer confirms tax cuts are coming for low and middle-income workers, but they will start small. But it appears people at the top end of the tax scale will have to wait for years to get a tax cuts.
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ANZ has dumped sales incentives for its financial planners

ANZ is removing all sales incentives for bonuses and will only assess the performance of financial planners on customer satisfaction, ANZ values, and risk and compliance standards.
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Westpac increases half year cash profit by 6% to $4.25 billion

Westpac lifted cash earnings by 6% to $4.25 billion for the half year to March on the back of improved results across all the bank's business lines, including consumer and business banking.
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Warren Buffett shares the epiphany he had in 1942 that dictated the rest of his investment career

Warren Buffett shared an investment story from 1942, when he was 11 years old, that's helped inform all of the decisions he's made during his legendary career.
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There's no such thing as being right or left-brained --  here are 10 misconceptions about the human brain we always get wrong

The human brain is notoriously complicated, and despite many advances in modern science, much of the organ remains a mystery.

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