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10 things you need to know this morning in Australia

Monday 5 August 2019

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10 things you need to know this morning in Australia

Global markets tumble following China's currency "violation".
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The wealthy are reaping the rewards of the property market rebound — after using the downturn to upgrade their homes

The Sydney and Melbourne property markets have had a wild ride since 2017, with the most expensive properties leading the charge.
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The bizarre life of 8chan owner Jim Watkins, the middle-aged veteran who decamped to the Philippines and runs a pig farm

A manifesto said to be from the suspected shooter of the El Paso incident appeared on an anonymous web forum named 8chan, which is owned and operated by Jim Watkins and his company, NT Technology.
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Australia tipped to become 'envy of the world' in cannabis — as Aussie and US companies hunt for weed farm locations

US-listed company EPHS says Australia will be the gateway to Asia in the cannabis market, as it ties up with Aussie startup Greenfield MC.
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US stocks just suffered through their worst day of 2019. These were the 8 biggest losers in the S&P 500.

The index fell 3% on Monday as the stock market turned in its worst day of 2019.
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Top-ranking Victoria's Secret exec is stepping down less than a year after he sparked backlash with comments about transgender and plus-size models

The news comes less than a year after Razek faced backlash for saying Victoria's Secret's annual fashion show should not feature "transsexuals" because "the show is a fantasy."
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Aussie Home Loans founder John Symond just put his superyacht on the market for $160 million. Take a look inside.

John Symond, best known as the iconic face of Aussie Home Loans, is calling time on his superyacht and looking to offload it to the tune of $160 million.
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Bitcoin flirts with $12,000 threshold as traders scarred by the trade war turn to it for refuge

Bitcoin surged Monday amid a trade-war-driven rout that saw all major US indexes plunge.
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'We are not helpless here': Former President Barack Obama made a rare public statement calling for action on gun violence after mass shootings in El Paso and Dayton

Former President Barack Obama issued a rare and lengthy public statement calling for action to reduce gun violence.
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The 7 best interview questions to ask candidates to make sure they are the right fit

The recruitment process is gruelling for both employers and employees alike.

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