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10 things you need to know this morning in Australia

Monday, 6 June 2016

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10 things you need to know this morning in Australia

More photos of storm damage and why it could cost Australia $90 billion. The world's best basketballer won't line up for 'the Dream Team'. And John Oliver looks at Trump University.
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6 things Australian traders will be talking about this morning

Stocks in the US continued to climb their wall of worry as Fed chair Janet Yellen signaled that a June hike is off the table, but said she still sees more positives than negatives for the US economy right now.
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An Ohio prosecutor will not seek charges against the mother of the boy who entered the Cincinnati Zoo's gorilla exhibit

An Ohio prosecutor will not seek charges against the mother of the three-year-old whose escape caused zoo staff to fatally shoot the animal.
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Before and after photos show the devastation in Sydney caused by the weekend's storms

The east coast of Australia was savaged by a powerful storm over the weekend, causing what is so far estimated to be worth $38 million in damages. 
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Axl Rose is trying to remove an unflattering image of himself from the internet

A photo of Axl Rose from 2010 has turned into a meme, and the singer isn't happy about it. 
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There's definitely something going on between Silicon Valley and the auto industry

A big story has developed in the last decade. Silicon Valley and the car business are converging -- high-tech code meets heavy metal.
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LG pulled off its craziest marketing stunt yet to promote its latest vacuum cleaner

Professional climber and U.S. Extreme Rock Climbing Medalist Sierra Blair-Coyle climbed a Korean skyscraper using two household LG vacuums.
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Australian business is losing confidence in the economic outlook

Australian businesses appear to losing confidence in the economic outlook, according to the latest update of the Dun & Bradstreet's May Business Expectations Survey.
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Facebook is making it easier to hide what you post from your profile

When you post something on Facebook, it's saved to your profile's timeline by default. It's what effectively makes Facebook the digital history of your life.

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