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10 things you need to know this morning in Australia

Richest Australians revealed, a new minimum wage and the janitor who won the lottery.

Australia has a new minimum wage of $740.80 per week, but the 3% bump is less than half of what the unions wanted

The Fair Work Commission has announced a new national minimum wage of $740.80 per week or $19.49 per hour after a review.

Elon Musk says he lost money running Tesla last year

Musk was responding to a New York Times report which claimed that he made more than the next 65 highest-paid US CEOs put together in 2018.

Jetstar hit with $1.95 million fine for lying to customers about non-refundable cheap tickets

The Qantas-owned airline was found to have made "misleading or deceptive" statements on its website.

The Aussie dollar has tumbled over the past 8 years, losing nearly 40%. These strategists say the slide isn't over yet

The Australian dollar has fallen by nearly 40% against the greenback since mid-2011.

Uber Eats is now as well-known as Macca's and Woolworths — but faces serious reputation risk from its ridesharing parent company

Uber Eats has reached brand awareness of between 92% and 95% in Sydney and between 94% and 97%, according to market researcher YouGov.

Crowds, costs, and corpses: 16 misconceptions about what it's like to climb Everest

At least 11 climbers lost their lives in Mount Everest's "death zone" last week.

The Magic Johnson-Lakers fiasco is a case study in how not to be a transformational leader

Magic Johnson had a rocky stint as the Los Angeles Lakers' president of basketball operations, according to sources at ESPN.

Salesforce is refusing to let its customers use its software to sell semi-automatic guns

Firearms advocacy groups told The Washington Post the move discriminates against guns owners and violates the Second Amendment.

The surprising weights of some of the biggest animals known to man

Brown bears are technically considered obese.

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10 things you need to know this morning in Australia

Mueller probe wraps up, Huawei escalates its fight and Australia braces for its capital expenditure report card.

'No gun, no smoke, only speculation': Huawei ups its legal battle against the US over federal ban

Huawei escalated its legal battle against the US government on Wednesday, calling on the US courts to rule that the federal ban of the Chinese tech giant is unconstitutional.

Your 10-second guide to today's Australian CAPEX report

Australia's Q1 private-sector capital expenditure report will be released on Thursday, providing a snapshot of business investment in the past as well as what's expected in the future.

Boris Johnson will face court over claims he lied during Brexit referendum

The UK prime ministerial contender will be summoned to appear in court over claims he lied during the 2016 EU referendum

Elon Musk tells Tesla employees in leaked email that the company needs to catch up on car deliveries before the end of the quarter

The Tesla CEO said the company has "a lot of vehicles to catch up to in order to have a successful quarter."

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