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10 things you need to know this morning in Australia

Wednesday, 27 June 2018

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10 things you need to know this morning in Australia

Good morning. Your smart, fast start to the day.
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6 things Australian traders will be talking about this morning

US stocks slumped after another rough session on Chinese markets.
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UK financial entrepreneur Anthony Thomson is launching a new digital bank in Australia

Banking startup 86 400 will launch in early 2019, and is wholly funded by the Sydney-based payments services company Cuscal, best known for rediATMs.
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Trade tensions push the Australian dollar to an 18-month low

The AUD/USD fell to the lowest level since January 2017 on Wednesday. 
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Elon Musk says Tesla bears like Goldman Sachs are in for a 'rude awakening'

It comes as the bank raised its Model 3 production estimates on Monday, but remains incredibly bearish on Tesla. 
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Reigning World Cup champion Germany eliminated on controversial video review

Germany, the reigning World Cup champion, was eliminated from the tournament with a 2-0 loss to South Korea on Wednesday.
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Only 20 of these ultra-lightweight supercars are produced every year

The 05, 05RR, and 05 ROC Edition are ultra-lightweight supercars produced by Spanish company VUHL Automotive. Only 20 of these cars are made a year and every one is custom to the owner. 

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