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10 things you need to know this morning in Australia

Tuesday 3 November 2020

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10 things you need to know this morning in Australia

Hello team, and welcome to the biggest news day of the year of big news days.
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The RBA has cut the interest rate to a historic low of 0.1%, and will pursue more aggressive quantitative easing

The RBA has cut the official interest on Tuesday from 0.25% to 0.1%, as widely expected. As expected, the move lower was accompanied by a bigger foray into quantitative easing (QE) as well, with the RBA committing to purchasing $100 billion in government bonds of 5 to 10 years maturity over the next six month.
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Australian property prices are moving up after five months of declines — with one major exception

Australian property prices are again rebounding. CoreLogic data shows national values are rising again for the first time in five months as Sydney returns to growth.
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Bunnings sausage sizzles are returning to Victoria this month after they were suspended in March

Bunnings sausage sizzles are returning to Victoria from November 14. It comes after the iconic fundraisers were reintroduced in Tasmania, the Northern Territory, New South Wales and the ACT.
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Neobank Xinja says it is working on an updated funding agreement with an investor after an auditor raised concern about soaring losses

Neobank Xinja says it is working closely with Dubai-based World Investment Group (WIG) to finalise the $433 million funding deal announced earlier this year, which should alleviate concerns from its auditor about its ability to stay solvent.
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An hour-by-hour guide to election night and when to expect results in the days and weeks following

With a massive surge in mail-in voting, there's a good chance we won't know which US presidential candidate won many states, including key battlegrounds, on election night.
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Jeffrey Epstein's Palm Beach mansion that just sold for $18 million is set to be demolished

A real estate developer bought Jeffrey Epstein's former Palm Beach home and plans to demolish it. The property sold for $US18 million, $US4 million under asking.
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Some of tech's biggest names donated millions of dollars ahead of the 2020 election, and most of it went to Democrats

Tech industry executives have donated millions during this election cycle, mostly to Democratic campaigns and PACs,CNBC found. Asana CEO Dustin Moskovitz donated $US24 million and was a major contributor to the pro-Biden super PAC Future Forward USA.
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From Skillshare to Udemy, these online platforms can help you develop new marketable skills

Upskilling is a great way to enhance your skillset and prepare you for any potential changes in your career. We rounded out a list of online platforms you can use to upskill.
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How the government's instant asset write-off has changed, who's eligible and what can be claimed

This year, the Australian government announced significant measures in an effort to help the economy bounce back from the coronavirus-induced decline that we've been witnessing for several months.

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