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

'Dead corals don't make babies': New study raises serious concerns about the Great Barrier Reef Global warming is severely compromising the ability of the Great Barrier Reef's corals to recover. There was nearly a 90% fall in new coral growth last year, according to a study published in Nature on Wednesday.

Conditions remain fairly dire for Australia's residential construction sector Conditions across Australia's construction sector remain weak, but they're not quite as severe as they were earlier in the year. Activity levels for residential and commercial construction are going backwards but are stable for engineering firms.

Facebook says it will block foreign-funded political ads to prevent Australian election interference Facebook is placing a temporary ban on political advertising bought by foreign entities ahead of the Australian federal election in May in an attempt to head off potential moves to create unrest and influence voters.

The Australian dollar drifts higher ahead of the US jobs report The Australian dollar drifted higher in quiet trade on Thursday. Firm commodity prices and ongoing optimism over US-Sino trade negotiations worked in the Aussie's favour.

YouTube, Facebook, Twitter targeted by strict new social media laws in Australia. Here's what it means. Parliament has approved new laws that will make it a crime to host or stream "abhorrent violent material". The laws were proposed by Prime Minister Scott Morrison on Saturday and some are concerned they've been rushed through.

Australian home loan arrears are low but rising, and Moody's expects that trend will continue The proportion of Australians falling behind on their home loan repayments rose across most parts of the country last year. Arrears in New South Wales hit the highest level in five years, although they still remained below most other areas. Home prices in Sydney fell the fastest of any capital city last year.

Judge orders Elon Musk and the SEC to put on their 'reasonableness pants' and work things out Lawyers for Tesla CEO Elon Musk sparred with government lawyers in federal court. The Securities and Exchange Commission had accused Musk of violating his settlement agreement with the regulatory agency by tweeting that the company would make 500,000 cars this year.

The iron ore rally takes a breather Small movements were seen across iron ore spot markets on Thursday. All major grades closed at multi-year highs on Wednesday. Chinese markets will be closed on Friday for the Tomb Sweeping holiday.

Jeff and MacKenzie Bezos have finalised the terms of their divorce — and she's set to come out of it as one of the richest women in the world Jeff and MacKenzie Bezos have finalised the terms of their divorce. The couple first announced their plans to divorce in January, leading to speculation on how they would divide their fortune.

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