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10 things you need to know this morning in Australia The US president promises "fire and fury" for North Korea. There is now such a thing as a Cheetos restaurant. The world's biggest jerk. And our PM's ludicrous marriage equality plan.

An Australian man with a $191,000 phone bill just won a 3-year legal battle to get it cancelled There are many stories of bill shock, but this one might take the cake.

6 things Australian traders will be talking about this morning The economics of war. Well, potential war.

Police allege raids on the Ibrahim family are a big blow against organised crime The Australian Federal Police have arrested three members of Sydney's Ibrahim family as part of an international drug bust worth nearly $1 billion.

CBA modelled a nightmare housing crash and recession -- here's the estimated impact The CBA has posted a $9.9 billion cash profit -- a record result for the bank currently facing serious allegations.

The US military is getting closer to deploying lasers and rail guns -- here's how they might be used Railguns use electromagnets to fire projectiles at supersonic speeds, while lasers fire pure energy bursts.

The Google memo is poorly argued and reaches the wrong conclusion Imagine there were a professional field where, due to aggregate differences in aptitude and interest across genders, 35% of the good job candidates are women, and that you would expect an industry environment that truly treated men and women equally to produce an employee base in this field that is 35% female.

Bitcoin hit an important milestone and now '$5,000 Bitcoin is within striking distance' A software upgrade to make bitcoin's underpinning network faster has officially reached its lock-in threshold. And that has the CEO of one bitcoin exchange bullish about the coin's future price.

Trump reportedly gets a folder full of 'admiring tweets' and pictures of him 'looking powerful' twice a day The US President loves his morning dossier.

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