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10 things you need to know this morning in Australia

Thursday, 31 January 2019

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10 things you need to know this morning in Australia

Your smart, fast start to the day.
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The Aussie dollar's still climbing

Gains in US stocks and another surge in iron ore prices helped to underpin the Aussie's gains.
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Iron ore prices are suddenly in one of the great bull runs

Uncertainty over the outlook for Brazilian supply is driving the price. 
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Australians are shunning credit card debt like never before

Total personal credit card debt in Australia fell by 4.2% in the year to December, the largest decline on record. 
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The Huawei indictment marks the end of US and China's cycle of trust

It is one in which aggression is more out in the open, and that aggression will directly influence perception and policy in both countries.
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US intelligence report reveals another mysterious Chinese stealth bomber project

China is known to be working on a long-range stealth bomber that's most likely a match to the US's B-2 Spirit bomber, but the intelligence report suggested a new fighter/bomber.
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Too many people are deluded about how much time they will have next week, leaving them overcommitted and unhappy

We mistakenly assume we'll have more time in the near future than we do right now. That's one reason why we postpone unenjoyable commitments (and even enjoyable ones).

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