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10 things you need to know this morning in Australia

Wednesday 6 June 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 Stocks rose again overnight, and the European Central Bank is considering reining in its stimulus program. 
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Australian MPs may call Mark Zuckerberg to a committee hearing over Facebook data and Chinese phones

MPs leading Australia's parliamentary joint committee on intelligence and security want answers from the Facebook CEO.
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The Australian dollar is finding plenty of buyers

The Australian dollar rallied across the board on Wednesday, helped by weakness in the greenback, strength in base and bulk commodity prices and a strong Australian GDP report.
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Airbnb's head of policy says Sydney's new rules to deal with wild parties and other problems could be a model for cities around the world

He says the rules could be a blueprint for Asia and other markets, especially for dealing with the "party house" problem.
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ANZ now thinks falls in Australian house prices will be larger and longer

Housing indicators are weakening in Australia, from prices to clearance rates, credit growth and new home sales. 
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The best, and worst, performing Australian ETFs for 2018

Exchange-traded funds (ETF) under management in Australia grew 33% over the past year to $36.2 billion, according to the annual ETF Report by robo-advice fintech Stockspot.

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