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10 things you need to know this morning in Australia

Tuesday 19 March 2019

Business Outsider

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Praise grows for Jacinda Ardern at home and abroad as New Zealand PM promises never to say Christchurch shooter's name

New Zealand Prime Minister Jacinda Ardern has vowed never to utter the name of the suspected Christchurch gunman, as praise for her response to the mass shooting continues to grow.
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Scott Morrison wants the G20 to crack down on social media giants

Prime minister Scott Morrison is urging the G20 countries to place further regulations on technology companies in the wake of the Christchurch terrorist attack.
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Home sales in Sydney are falling sharply

Home sales in Sydney have fallen to the lowest level in over 15 years. Beyond the fact that Sydney home prices are expensive, even with recent price falls, there are a number of other factors that explain the drop in turnover levels in recent years.
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The Australian dollar slips as trade concerns resurface

The Australian dollar slid on Tuesday on renewed concern about US-Sino trade negotiations. The main event today will be the US fed's latest interest rate decision and updated economic forecasts.
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This chart explains why so many believe the RBA will cut rates

One of the key responsibilities for the RBA is to see Australian inflation average between 2-3% over the medium-term. It hasn't been very successful recently with underlying inflation remaining below its target for three consecutive years.
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Deliveroo has signed its 10,000th restaurant in Australia as the company's global expansion continues

Deliveroo announced on Tuesday that it has signed up its 10,000th restaurant in Australia as the company looks to fight off Uber and others in the hotly contested food delivery market.
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Tesla factory workers took twice as many days off last year than in 2017 because of injury or sickness

Bloomberg first reported the story, citing a report Tesla filed with the Occupational Safety and Health Administration.
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Cheap iron ore just got a whole lot more expensive

Lower grade iron ore prices soared to fresh multi-year highs on Tuesday. Prices for mid and higher grades went backwards, seeing the discount for lower grades narrow to the lowest level in nearly three years.
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Facebook is creating a new advertising portal for housing, employment and credit advertisers and will remove 'hundreds' of targeting options

Facebook has faced backlash from civil rights groups like the National Fair Housing Alliance (NFHA) and American Civil Liberties Union (ACLU) that its platform allows advertisers to discriminate against groups through targeting.

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