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The 10 most important things in the world right now

Monday 22 October 2018

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The 10 most important things in the world right now

Hello! Here's what's happening on Tuesday.
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Here's the only chart you need to understand why China is the 'factory to the world'

No single nation can match China's dominance of global commodity demand. 


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Australian banks should 'prepare accordingly' for stricter accounting standards on risky home loans

After the changes, banks will have to use modelling to calculate provisions for bad loans, rather than using losses already incurred.
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JP MORGAN: The explosion of debt in China is forcing Beijing to change plans

2018 has been the most volatile year for Chinese stocks since the market crash of 2015. 
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Labor 'will add further downward pressure' to house prices that are already falling at an increasing pace

It has proposed changes to negative gearing and capital gains tax on housing.
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Here's how much major political leaders get paid in a year compared to the average person

The disparity between the top and bottom of the list is huge.
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The Australian government has started taking children off Nauru

This comes after it emerged the children in detention was a major issue for voters in the Wentworth by-election.

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