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10 things you need to know this morning in Australia

Sunday 12 August 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

Global markets had a wild session on Friday night, stemming from the collapse of the Turkish lira which closed the week more than 20% lower.
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Turkey's sinking currency has been rattling global markets and it just started the week with another meltdown

The fall in the lira is a risk to Turkish banks, with around one-third of their debt held in foreign currency.
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JB Hi-Fi defies the tough Australian retail market, lifting profit 35%

Costumer electronics retailer JB Hi-Fi posted a 35.2% rise in full year net profit after tax to $233.2 million, a record result in a weak retail market.
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SHOWDOWN: Samsung's new Galaxy Note 9 vs. Apple's iPhone X

The four-figured price tag might be slightly more justifiable on the Galaxy Note 9.
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People retire early for 2 reasons, and neither of them is money

For many early retirees, the value of life during early retirement is priceless - the happiness it brings doesn't depend on the dollar.

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