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10 things you need to know this morning in Australia

Tuesday 2 July 2019

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10 things you need to know this morning in Australia

Interest rates cut to historic lows, Visa announces its entry into the 'buy now, pay later' space and Samsung's new phone is coming.
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Reserve Bank slashes cash rate to lowest in Australian history

The Reserve Bank of Australia (RBA) has cut the official cash rate again on Tuesday as economic indicators like the unemployment level and wage growth still look weak.
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US stocks edge higher to another record close, even as Trump threatens Europe with more tariffs

The S&P 500 edged slightly higher on Tuesday and notched a record closing high, even after the Trump administration's new threat to expand tariffs on European goods.
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Tesla's stock is soaring after it reported record-setting vehicle deliveries last quarter

Tesla shares jumped late Tuesday after the automaker said it delivered and produced a record number of vehicles in one quarter.
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Amazon says it will save your Alexa recordings forever, unless you delete them — here's how

Amazon stores voice recordings and transcripts from interactions with Alexa speakers indefinitely unless customers delete them; and even then, some information can be retained by Amazon.
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Visa is entering the 'buy now, pay-later' space, threatening Australia's Afterpay business

Visa has announced the launch of a new payment installment service, set to challenge Australia's Afterpay.
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Don't forget, the Australian Tax Office wants to tax your cryptocurrency

The Australian Tax Office recently declared its intention to target crypto traders who are avoiding paying the proper amount of tax.
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Chinese officials are forcing tourists to install an invasive app that downloads their texts and scans their phones at the border of one of the most surveilled regions in the country

Chinese officials are forcing tourists visiting the Xinjiang region to install a malware app on their phones at its border, according to a report.
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Alex Morgan pretended to sip tea after a goal against England in the World Cup, and then fans sang 'Happy Birthday' to her

On her 30th birthday, Alex Morgan scored during the semifinal against England in her sixth World Cup.
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Kim Jong Un's elite bodyguards run beside his car because of a Clint Eastwood movie

Kim Jong Un's bodyguards sparked international attention after they were seen running beside his car at a summit in Singapore last year.
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Are you too busy working 'in' your business not 'on' your business?

As you're no longer working for someone else and it's up to you to execute on your vision, it's easy to get caught up in the daily grind when you instead need to be thinking large.

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