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5 things you need to know today

1. Labor has retained its lead in the two-party-preferred vote 52% to 48% according to The Australian's latest Newspoll, while both Labor and the Coalition are on a primary vote of 39%. 

2. Tables released by the Coalition indicate that all wage earners receiving more than $39,105 in the 2024-25 financial year will be better off under the Coalition than Labor according to a report by The Australian.

3. Opposition leader Bill Shorten has described the refund of excess franking credits as a "gift". According to the AFR, Shorten said "It is a fundamental choice in this election. Better hospitals for all Australians, or bigger tax loopholes?".

4. The Dow Jones rose 1.03% on Friday, while the S&P 500 gained 0.66% to end the week higher for the third consecutive time. The Nasdaq closed 0.46% higher.

5. Tiger Woods has ended an 11-year major title drought after winning the 83rd US Masters.

Published on: Monday, April 15, 2019

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