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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.

6 things Australian traders will be talking about this morning

Trade tensions between the US and China soaring, and the European Central Bank said it could continue its large-scale stimulus program next year.

Telstra to cut 8,000 jobs in massive restructure

Telstra has announced plans to cut 8,000 jobs over the next three years, with executives and managers first in the firing line.

China calls Trump's newest trade attack 'blackmail,' says US 'initiated a trade war'

President Donald Trump instructed the US Trade Representative to identify another $US200 billion in Chinese imports that could be subject to a 10% tariff.

It looks like Australia's property downturn is starting to have an impact on household spending

Spending across the Australian economy slowed sharply last month, growing at the slowest pace in over a year.

Here's what people earn across Australia

In the 2015-16 financial year, the median personal income in Australia was $47,692.

Ben Shewry's Attica in Melbourne is the 20th best restaurant in the world

It's the only Australian restaurant in the top 50 global rankings.

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