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10 things you need to know this morning in Australia

Monday 4 March 2019

Business Outsider

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A key part of the Australian economy is weakening fast -- and the slowdown could be about to get a whole lot worse

Australia's services sector looks incredibly weak in early 2019. Activity levels are deteriorating sharply and the signs are looking even worse for what lies ahead.
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Jeff Bezos' investigator reportedly plans to link the National Enquirer's story about his affair to Saudi Arabia

Jeff Bezos' security chief is preparing a report based on his investigation into the leak of Bezos' texts and information about his affair with a former TV personality to the National Enquirer, Vanity Fair reported.
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It's going to be a busy session for Aussie dollar traders

The Australian dollar rose modestly against most major crosses to start the week. Continued optimism over US-Sino trade negotiations was offset by continued weakness in Australian economic data.
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The iron ore price rally stalls

The spread between low and high-grade iron ore prices narrowed on Monday. Chinese steel and iron ore futures staged a large reversal during the session, closing sharply lower. That move continued in overnight trade.
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In its annual wage-equity study, Google found that more men were underpaid than women

Google's 2018 equity-wage analysis found that more men were underpaid than women. The results are surprising, given the tech industry's history of underpaying women.
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Top Democrats want the White House to hand over information about Trump's communications with Putin

Democratic chairmen of three key House committees are probing any communications President Trump has had with Russian President Vladimir Putin.
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2019 was supposed to be easy for Tesla, but now it's a circus

For Tesla, 2019 was supposed to be easier than 2018 - a year when the company was pushed "near death" trying to launch its Model 3 sedan.
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Trump's trade war cost Americans $1.4 billion per month last year, according to new report

Protectionist trade policies cost American consumers and importers $US1.4 billion per month at the end of 2018, according to a new study. While President Donald Trump has claimed foreign companies pay tariffs, economists say that isn't true.

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