10 things you need to know this morning in Australia

Hello team. Facebook has declared war on Australia. Isn't that nice? Let's dig into what happened.

Facebook is threatening to block Australians from sharing news on its platforms if planned government regulation goes ahead

Facebook has threatened to block Australians from sharing news content on its platforms, including Instagram, if the government's proposed media bargaining code goes ahead.

The ACCC has lashed out at Facebook over its threat to ban news for Australian users, calling it 'ill-timed and misconceived'

The Australian Competition and Consumer Commission has rebuked Facebook over its threat to stop Australian users from sharing news on its Facebook and Instagram platforms.

NSW is easing travel restrictions with Victoria, allowing border communities to travel within 50 kilometres of the border on either side

The New South Wales government is easing its restrictions along the state's border with Victoria. NSW is creating a border region that extends 50km either side of the border, allowing residents within that region to travel over to the other side.

Victoria has put Australia's economic recovery back 'some months', the RBA acknowledges, as it keeps the interest rate on hold at 0.25%

The official cash rate has been left on hold at 0.25% by the Reserve Bank of Australia (RBA). The central bank instead revealed it had purchased another $10 billion in government securities and increased funding for local banks while it waits to see how Australia's economic recovery takes shape.

Melbourne house prices have fallen $40,000 since May as Australia marks its fourth month of consecutive declines

Melbourne property prices fell by 1.2% in August on the back of the city's stage four lockdowns, according to research house CoreLogic. It was enough to drag national prices 0.4% south, despite values in most markets remaining firm.

Apple hits record high on reports it's preparing fall launch of at least 75 million 5G iPhones

Apple stock hit a record high on Tuesday after a Bloomberg report detailed that the company asked suppliers to produce at least 75 million units of its next generation iPhones for later this year.

Russia released secret footage of history's largest man-made explosion — a nuclear blast thousands of times stronger than Hiroshima

Russia just declassified footage of the moments leading up to the Tsar Bomba blast - the world's largest nuclear-bomb explosion. The blast was equivalent to 50 megatons of TNT, making it nearly 1,500 times more powerful than the Hiroshima and Nagasaki bombs combined.

Looking for a Father's Day gift for the discerning Dad? Look no further than these red wines above $50.

This is the second part of a story which began with six bottles of wine under $50. The following come in above the $50 mark.

This geotechnical engineer bought his first home at 26 and is looking to invest in a second - this is how he did it

For many young Australians, the prospects of buying a first home — let alone an investment property — is far out of reach. At least, that's the perception many of us have without actually doing our homework.

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