Business News

5 things you need to know today

  • Malcolm Turnbull’s popularity has leapt to its highest levels since the 2016 election on the back of one of the most well-received ­budgets in a decade and a $140 billion personal income tax cut plan ­that has been endorsed by a majority of Australians. Increasing pressure on Bill Shorten, Mr Turnbull strengthened his position as the preferred prime minister to 46 per cent, jumping eight points to establish a 14-point lead. The Coalition consolidated gains made over the past month to ­remain in election contention, trailing Labor on a two-party-­preferred vote of 51 to 49 for the second successive Newspoll
  • A man accused of abducting a 12-year-old boy on Queensland's Gold Coast is due to face an extradition hearing in New South Wales today, and is later expected to be charged with kidnapping for ransom. An amber alert was issued on Friday night, hours after the boy was pulled into a car outside his home at Mudgeeraba about 3:30pm. He was found about 12:00pm on Saturday some 240 kilometres away in Grafton, New South Wales, after a member of the public called police having seen the dark blue 2013 Jeep Compass mentioned in the amber alert.

  • A Western Australian grandfather has shot four of his grandchildren, his daughter and his wife before turning the gun on himself in a horiffic murder-suicide over the weekend. Three longarm firearms were found at the scene which belong to the 61 year-old Peter Miles. Police were called to the small community of Osmington early on Friday morning after getting a phone call from a man who officers said was connected to the property.

  • 13 people have died and dozens more have been injured after a family of suicide bombers blew themselves up over three different churches in Indonesia. Six people from the family, included a nine-year old girl were responsible and Indonesia's President has ordered a full investigation into the roots of the organisation.
  • Apple Inc. CEO Tim Cook waded into divisive political topics such as gun control and immigration during a commencement speech while continuing his criticisms of internet companies over a lack of user privacy.Speaking at Duke University, where he graduated from business school 30 years ago, Cook urged the students to reject the status quo and be fearless. Cook highlighted Apple's focus on privacy and indirectly criticised Alphabet's Google and Facebook, which collect mountains of personal data to target ads.

Published on: Monday, May 14, 2018

blog comments powered by Disqus

New on Switzer