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10 things you need to know this morning in Australia Good morning!

If you earn between $48k and $90k, you just scored $1080 from the government The Scott Morrison government released its Federal Budget on Tuesday night and it includes a tax offset for Australians earning up to $126,000 a year.

Australia's small businesses get a welcome tax cut in Treasurer Frydenberg's first budget Australia's small businesses were praised and rewarded by by Treasurer Josh Frydenberg in the pre-election budget on Tuesday. Instead of making life easier for large corporates, a move that isn't popular with voters, Frydenberg turned his attention to Australia's smaller firms.

YouTube reportedly ignored employee warnings of 'bad virality' in exchange for massive growth YouTube executives ignored employee warnings and shelved product changes that could have curbed the spread of toxic videos on its site, according to a Bloomberg report.

The Australian dollar is sliding The Australian dollar fell heavily on Tuesday's following the RBA's April interest rate decision. There was next to no reaction from the release of Australia's federal budget.

The iron ore rally keeps on keeping on Iron ore spot markets jumped again on Tuesday. Mid and higher grades are now within touching distance of hitting the highs set earlier this year. Lower grades jumped to the highest level since 2014.

Andreessen Horowitz, one of Silicon Valley's most prominent tech investors, is renouncing its status as a venture capital firm Silicon Valley stalwart Andreessen Horowitz is renouncing its status as a venture capital firm as it moves closer to the world of financial services, cofounder Marc Andreessen told Forbes.

Trump says his father was 'born in a very wonderful place in Germany' — but Fred Trump was actually born in New York City President Donald Trump on Tuesday incorrectly said his father was born in Germany. Fred Trump, the president's deceased father, was actually born in New York City.

In unsettling news, Australian online retail sales have suddenly plunged Australian online sales tumbled in February, according to analysis of transactions processed by the NAB. The monthly decline was the sharpest since the data series began in early 2016. The annual growth pace was also the weakest on record.

Nintendo's first big game of 2019 is an adorable romp with a beloved Mario character Nintendo's latest major game is a starring role for Mario's dinosaur buddy, Yoshi. The game is named "Yoshi's Crafted World," and it's a spiritual successor to the classic Super NES game "Yoshi's Island: Super Mario World 2."

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