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The 10 most important things in the world right now

Tuesday 15 May 2018

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The 10 most important things in the world right now

Here's what's happening on Tuesday. 
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The RBA looks like it's running out of ideas, and hope appears to be the plan

The central bank has been saying the same thingst regularly since the GFC.
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Coles is moving baby formula behind the counter with cigarettes

Over the last couple of years, Australian baby formula products have been in high demand due to their increasing popularity with Chinese consumers.
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A Tesla just towed a Qantas Dreamliner

A Telsa might be currently flying through space on its way to Mars, but in Melbourne today, Elon Musk's electric vehicle produced another first when it set a Guinness World Record attempt, as the heaviest tow by an electric production passenger vehicle, towing a Boeing 787-9 Dreamliner along the tarmac.
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Rising petrol costs could wipe out Scott Morrison's income tax cuts

Crude prices have climbed by more than 25% since mid-February, as OPEC's ongoing production cuts re-balance the global supply picture.
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The fastest-growing black hole in the universe eats a sun every 48 hours - and Australian astronomers have found it

Astronomers at the ANU found the fastest-growing black hole known in the universe by looking back more than 12 billion years to what they call "the early dark ages of the universe".
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China successfully influenced an Australian council to paint over students' flags of Taiwan

The ags were created for an art exhibition that was supposed to celebrate the students' diversity.
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Mike Cannon-Brookes taught me to code the same way he teaches his 7-year-old son -- here's what I learned

Cannon-Brookes led the class as part of the Australian-based tech giant's mission to educate people on the Future of Work, and hopefully "prepare the kids and the country for it".
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'EXTREME RISK': Audit reveals rushed decisions, capability gaps in Australia's $89 bn warship plan

The report raised serious concerns over the economic value of Australia's shipbuilding plans in Adelaide and Perth.
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FINNIES 2018: Here are all the finalists for Australia's fintech industry awards

 89 companies and individuals were chosen for Australia's only industry-backed fintech awards, from a record field of more than 200 entries.
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Telstra is facing a huge challenge in its core business

Telstra's latest trading update shows it is struggling to respond to increased sector competition. 
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2 melted gin bottles just sold in Sydney for more than $13,000

Among the thousands of works the late Sydney art dealer Ray Hughes collected during his lifetime were a couple of Gordon's gin bottles. Last night, they sold for $6,600 each as part of the Hughes estate went up for auction.

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