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10 things you need to know this morning in Australia

Wednesday 6 February 2019

Business Outsider

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10 things you need to know this morning in Australia

Your smart, fast start to the day.
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The Australian dollar is tumbling after the RBA changes its tune

The AUD/USD is on track to record its largest one-day percentage fall in over two years.
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UBS expects the RBA will cut rates twice by the middle of next year

UBS now sees the RBA cutting its cash rate twice by the middle of 2020, the first arriving on Melbourne Cup day this year. 
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China's hopes of becoming the world's largest economy are hitting a major roadblock

China's growth potential could slow to 4.5% by 2030, according to analysts. 
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8 key takeaways from Trump's State of the Union address

His main points focused on unemployment, immigration and border control, healthcare, and foreign policy.
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SpaceX just fired a giant rocket engine that Elon Musk says has 'insane power.' The future of the company may ride on its performance.

The engine is a crucial part of the Starship launch system, which SpaceX hopes will rocket humans to the moon, Mars, and beyond.
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Apple's iPhone lineup is the weakest it's been in years — and it has everything to do with the iPhone XR

The iPhone XR is an awkward smartphone: It's sized between the iPhone XS and the iPhone XS Max, but it's more affordable than both of those phones.

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