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10 things you need to know this morning in Australia

Thursday 2 August 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

ASX futures traders have marked the local index higher, although global mining stocks got hit overnight amid another rough session for commodities.
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$1,000,000,000,000

Shares of Apple climbed Thursday to hit the magic number of $US207.05, making it the first US company to reach a market value of $US1 trillion.
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The ATO just launched massive raids on tax agents suspected of phoenix activity

Eleven premises were hit by 250 ATO officers as part of an investigation into phoenix activity.
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The US 'must not let this bill become law': Beijing blasts defence bill designed to counter China

The bill "shines a spotlight" on certain Chinese activities deemed unacceptable by US lawmakers, specifically China's militarisation of the South China Sea.
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Jacinda Ardern is back at work after being the first world leader to take maternity leave

New Zealand Prime Minister Jacinda Ardern returned to work on Thursday after a six-week maternity leave. She gave birth to her first child, Neve, on June 21.
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Foodora is quitting Australia in less than 3 weeks

Foodora launched in Australia in 2015 after acquiring local delivery business Suppertime. The German business says it's leaving to focus on regions with greater growth potential.

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