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10 things you need to know this morning in Australia
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Sunday 12 May 2019
Business Outsider
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10 things you need to know in Australia this morning
Good morning!
The Aussie dollar is looking resilient despite escalating trade tensions between the US and China
The AUD stood firm against new fronts in the trade war and a barrage of Trump tweets.
Uber had the worst first-day dollar loss ever of any US IPO
Uber listed on the NYSE on Friday and by the end of day's trading the stock was down 6.7% - a historically poor performance.
Scott Morrison unveils election promise allowing first home buyers to purchase property with just a 5% deposit — as long as you're not earning too much
The Liberal Party has used its official campaign launch to woo young Australians with a new scheme to help first home buyers get on the property ladder.
The top 15 countries with the most billionaires, ranked
Fifteen countries now account for 75% of the world's billionaire population and 79% of the world's billionaire wealth.
The Pentagon is reportedly shifting funds from ballistic missile and surveillance plane programs to fund Trump's border wall
US military authorities are diverting $US1.5 billion in funds to help fund the construction of President Donald Trump's controversial border wall.
Iron ore prices climb to new cyclical highs
Iron ore prices climbed to fresh multi-year highs on Friday, following positivity in China's steel market.
It's time for Tesla to go into stealth mode for the rest of 2019
Tesla raised $US2.7 billion in new capital last week and now has the perfect excuse to drop off the radar for the rest of 2019.
These not-for-profits could win $10 million each from Macquarie Bank — here's how they are impacting the world
The Aussie investment bank is giving away millions as part of its 50th birthday celebrations.
IHOP is getting slammed for an anatomically incorrect Mother's Day post that joked about pancakes in a uterus
Pancakes and politics just don't mix.
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