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10 things you need to know this morning in Australia Facebook is launching its own cryptocurrency, Libra, in 2020. The cryptocurrency aims to provide fast, cheap and secure online payments by smartphone and users will need a government issued ID to be able to set up an account. Not surprisingly, the pushback has already begun. Here's what else we know about Libra.

Here's what Facebook's new cryptocurrency Libra will look like and how it will work Facebook has set up a new company called Calibra to manage it, as well as an independent "Libra Association" to govern the currency along with a few dozen founding members.

Libra is Facebook's plan to bring cryptocurrency to the masses — but I don't trust Facebook enough to use it The idea is to let people shop on Facebook and other apps, or even pay other users, using a single global currency.

Hong Kong protests dealt China's all-powerful Xi Jinping an embarrassing blow that could sting for a while More than a million ordinary Hong Kongers thronged the streets of the city and shut the government down in stiffer-than-expected resistance to the growing power of China's Communist Party.

New South Wales treasurer announces rollout of 'Australia's first' digital driver's licences, two years after South Australia Unveiling the state budget, the New South Wales Treasurer Dominic Perrottet boasted he would give the state the first digital driver's licences.

Snap surges 10% after analyst says Wall Street is underestimating the company's growth potential Snap shares jumped as much as 10% on Tuesday after an analyst at BTIG increased his price target for the company to $US20 from $US15.

Leaked documents suggest Tesla has not met a Model 3 production goal set by Elon Musk in recent weeks Tesla CEO Elon Musk said in a May 22 email to employees they needed to consistently produce 1,000 Model 3 sedans per day for the rest of the second quarter to set a record.

Trump told the US stock market exactly what it wanted to hear. Now it's headed for its best day in 2 weeks. Stocks in the US soared Tuesday, extending earlier gains after President Donald Trump said he and Chinese President Xi Jinping are set to meet later this month at the G20 summit.

Interesting cockpit video shows a Russian fighter running up on a US B-52 bomber Russia released footage of the intercept recorded from the cockpit of one of the fighters.

By 2060, Australia cities could be cheaper, entirely powered by renewables and you could earn $40k more — if we don't screw it up Australia will need to transform at all levels in order for the country to achieve its full potential, a new report from the CSIRO has found.

A video of a tarantula swimming has re-surfaced and people are losing it Apparently, all tarantulas can swim, but it's not a preferred form of transportation for the creatures.

You can now earn MYER one Credits no matter where you shop Start earning uncapped MYER one Credits wherever you shop with the Myer Credit Card.

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