Business News

5 things you need to know today

1. Scott Morrison has announced a $1.25 billion increase in funding to health services that the Prime Minister said will see more doctors and nurses in all states and territories.

2. Two people have died and 10 have been injured in a shooting near a Christmas market in the city of Strasbourg in eastern France. The suspected gunman is being pursued by police.

3. After a day of volatility on Wall Street that saw the Dow Jones rise up to 368 points higher and fall up to 202 points, stocks eventually closed slightly lower. The Dow dropped 53.02 points (-0.22%) and the S&P 500 was down 0.94 points (-0.04%), while the Nasdaq rose 11.31 points (0.16%).

4. Time magazine has named murdered journalist Jamal Khashoggi, as well as a group of other journalists it described as the 'Guardians' who have been killed or detained for their reporting , as Person of the Year.

5. Adelaide will be the home of Australia's new space agency, with the federal government to invest $41 million to help Australian businesses into the US$345 billion global space industry.

Published on: Wednesday, December 12, 2018

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