Business News

5 things you need to know today

1. The release of Kenneth Hayne's final report yesterday included 76 recommendations, all of which Treasurer Josh Frydenberg has committed to "take action" on. Read Peter Switzer's story for more.

2. Two men have gone missing near floodwaters at a shopping centre in Townsville after last being seen early Monday morning.

3. Tech stocks helped boost Wall Street for the start of the week. The Dow Jones and the S&P 500 both rose by about 0.7%, while the Nasdaq jumped ahead 1.15%.

4. The Reserve Bank will meet today and is expected to announce that interest rates will remain on hold at 1.5%.

5. President Donald Trump is reportedly considering declaring a national emergency to fund a border wall at his State of the Union address tomorrow.

Published on: Tuesday, February 05, 2019

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