Business News

5 things you need to know today

1. The federal government's planned changes to how GST is distributed to states and territories may need to be adjusted, with Labor, the Greens and crossbenchers in the Senate believed be supportive of the request from every state and territory except Western Australia for a guarantee that they would not be worse off.

2. Bill Shorten is planning to give preschool access to all three-year-olds if he is elected prime minster, boosting existing funding by $1.75 billion

3. The average Australian takes 82 days to find a new job according to jobs site Indeed.

4. President Donald Trump has denied allegations by The New York Times that he "participated in dubious tax schemes during the 1990s, including instances of outright fraud".

5. Amazon founder Jeff Bezos’ space company Blue Origin is working on a ‘large lunar lander’, with the companying saying a return to the moon is “the next logical step”.

Published on: Thursday, October 04, 2018

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