Business News

5 things you need to know today

1. Fijian Prime Minister Frank Bainimarama has urged Australia to honour its commitment to clean energy for the welfare of Fiji and other Pacific nations at a dinner attended by Scott Morrison.

2. The winner of last night's Powerball jackpot has been revealed as a healthcare worker from inner Sydney. She will take home a record-breaking $107 million.

3. The median return for a balanced super fund in 2018 was 0.8% according to Chant West, the lowest level since 2011. 

4. Wall Street stocks closed higher overnight, wiith the Dow Jones up 0.67%, the S&P 500 up 0.76% and the Nasdaq rising by 0.71%.

5. US Treasury Secretary Steven Mnuchin has propsed removing some or all tariffs on Chinese imports to the US according to a report by The Wall Street Journal, in an effort to speed up the progress of the two countries reaching a deal.

Published on: Friday, January 18, 2019

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