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10 things you need to know this morning in Australia Good morning. Here's your smart, fast start to the day.

6 things Australian traders will be talking about this morning Global stock markets were steady over the weekend, brent crude rose by almost 4% to close at $US75.8, and iron ore is back on the rise.

America's closest allies are furious about Trump's tariffs, and now an unorthodox idea to go after him is gaining steam Top US allies like Canada and France are irked by President Donald Trump's tariffs. Some are suggesting they retaliate by targeting Trump's businesses.

Australian auction clearance rates edged higher last week Australian auction clearance rates rose slightly last week, helped by a bounce in Melbourne, the nation's busiest auction market.

The Commonwealth is spinning off its wealth management business The Commonwealth Bank is demerging its wealth management and mortgage broking businesses. And it is looking at the potential sale of its general insurance business.

Inside a bitcoin billionaire's master plan for his futuristic office and $21 million penthouse Anthony Di Iorio made his fortune as an early adopter of hot cryptocurrencies bitcoin and ethereum. Now, the cryptocurrency billionaire is spending some of his cash on two video game-inspired real estate projects in Toronto.

11 words you probably didn't know were acronyms We use acronyms all the time, and in some cases, we don't even realise we're using them. You may not know, for example, that Taser stands for "Thomas A. Swift's Electric Rifle."

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