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10 things you need to know this morning in Australia

Sunday, 5 August 2018

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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.
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6 things Australian traders will be talking about this morning

Both the euro and the pound remain under pressure this morning, while the AUD is holding steady after rallying back towards US74 cents on Friday.
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Here's a breakdown of the $3.4 billion in charges to members of Australia's top 20 super funds

Analysis of data from prudential regulator APRA shows 20 of Australia's largest super funds charge their members $3.4 billion combined each year in expenses.
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The household finances of Australians are at a tipping point

More Australians are being forced to use their savings to cover rising costs. 
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82 dead after earthquake hits Indonesia

A magnitude-7.0 earthquake hit Lombok, Indonesia. The epicentre is near where a previous earthquake hit last week, killing 16 people.
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Auction clearance rates fell in Australia last week as less properties went to market

Data from CoreLogic showed preliminary clearance rates in Sydney and Melbourne fell from the previous week. 
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I asked 3 early retirees how people know they're ready to stop working, and they all said the same thing

The right time to retire early doesn't depend on how much money you have saved.

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