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10 things you need to know this morning in Australia

Wednesday 3 April 2019

Business Outsider

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Nearly 30% of people living in Australia were born in another country

The proportion of Australia's population born overseas rose to the highest level since the late 1800s, according to new data released by ABS. 29.4% of the estimated resident population were born in another country.
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The Australian dollar's roller coaster ride continues - but it's not really going anywhere

The Australian dollar rallied hard on Wednesday, assisted by stronger domestic data from home and abroad and more positive chatter about trade negotiations between China and the United States.
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Iron ore scales fresh multi-year peaks

Iron ore prices surged again on Wednesday. The price for 62% and 65% fines closed at the highest level since early 2017. 58% fines jumped to five-year highs.
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The federal budget didn't save Australia's giant pandas, Wang Wang and Fu Ni, from deportation – but hope is not lost

Two Chinese pandas are the unlikely stars of an Australian government showdown. Wang Wang and Fu Ni, the giant pandas residing at Adelaide Zoo, are at the centre of what feels like a never-ending Aussie government funding debate.
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BUDGET RESPONSE: 'It's budgets like this that force us to question whether we should tell other founders to start a business here'

Businesses across the country have told Business Insider Australia what they make of Treasurer Josh Frydenberg's first ever budget, which was unveiled on Tuesday evening.
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Beats just introduced its first pair of truly wireless earbuds, the $250 Powerbeats Pro

Apple-owned Beats has introduced its first new product in two years: fully wireless earbuds called Powerbeats Pro. The buds are an update to Beats' popular Powerbeats headphones, and have the same internal technology as AirPods 2.
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Here are the top UNSW Business School students and how they won the prestigious Dean's List award

UNSW Business School is a leader in business education and research in the Asia-Pacific region and offer a complete range of business degree programs at the undergraduate, postgraduate and higher degree by research level. UNSW Business School – Where great minds do business.
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WeWork acquires $249 million office-services startup Managed by Q as it goes after larger business customers

WeWork has acquired Managed by Q, a platform for office tenants to hire on-demand service workers for office-management tasks like cleaning or staffing reception desks.
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540 million Facebook user records were left exposed by app developers

540 million Facebook user records were left exposed on public servers by app developers. The social network's lax data policies meant that for years developers could easily harvest users' sensitive data - and now it's leaking out.

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