Business News

5 things you need to know today

•          Donald Trump has called for undocumented immigrants to be deprived of legal rights and deported without trial. In a pair of tweets, Trump described immigrants as "invaders" and said US immigration laws should be changed to take away trial rights from undocumented migrants, and that they should be immediately deported.

          BHP is facing a class action from up to 400 workers who claim they were left $40 million worse off because they were hired as “casual” workers and not as permanent staff, despite their rosters being published months in advance. It’s the latest in a line of gig economy lawsuits, faced by companies such as Foodora and Uber.

          Recep Tayyip Erdogan has claimed victory for his ruling AK Party in Turkey's presidential and parliamentary elections. However, the main opposition party said it was too early to concede defeat and said it believed Mr Erdogan could still fall short of the 50% needed to avoid a presidential runoff in July.

          Channel Nine has secured rights to the 2019 Australian Open tennis from Seven. Late negotiations with Seven Network resulted in a $48.5 million agreement with Tennis Australia that will finalise the broadcasting of summer's major sports for the next five years.

          After falling to a one-year low early last week, the Aussie dollar rallied hard on Friday, supported by a surge in crude oil prices and modest weakness in the US dollar. This followed OPEC’s decision to increase daily oil production levels by one million barrels per day from July.

Published on: Monday, June 25, 2018

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