Business News

5 things you need to know today

1. Chinese investment into Australia fell 40% last year according to data from The Australian National University, down from $14.9 billion in 2016 to $8.9 billion in 2017.

2. Senior Dreamworld supervisors and managers are expected to give evidence as the inquiry into the deaths of four people on the Thunder River Rapids ride in 2016 resumes today.

3. 20 of the 37 Max Brenner stores in Australia are set to close today after the company appointed administrators last week.

4. Despite allegations of sexual misconduct, Brett Kavanaugh has been sworn in as a US Supreme Court justice after a 50-48 vote in the US Senate.

5. A painting by British artist Banksy has shredded itself after selling for more than $1.9 million at auction, with some experts suggesting the damaged artwork may now be worth even more after the stunt.

Published on: Monday, October 08, 2018

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