10 things you need to know this morning in Australia

Somewhere near Russia, summoned by its master, the Covfefe emerged. Picture: KVN/YouTube

Good morning.

1. We’re going to the Sun. Well, NASA is, with its $US1.5 billion Parker Solar Probe. Launched by the end of 2018, the probe will slingshot around Venus seven times to build up speeds of more than 680,000km/h for 24 passes at the Sun. “I like to call it the coolest mission under the sun,” quipped one solar physicist before going back to her day job. Here’s what they hope to find.

2. Markets, and the US Fed’s Beige Book showed most of the Fed’s 12 districts are moderately healthy, all but fully pricing in a June rate hike. Australian stocks closed yesterday’s session marginally higher yesterday but ended the month behind and June Futures were down slightly early this morning. It’s a big day for data though – here are your 10-second guides for retail sales and CAPEX reports. Iron ore got smashed in May.

3. Trump has reportedly decided to pull the US out of the Paris climate accord, where 195 countries have pledged to stop the planet warming another 2C. It puts the US in an elite group:

Elon Musk is now on the verge of walking out on Trump’s advisory councils. But here’s Josh Barro on why no US might mean a better Paris climate accord.

4. Save this one for your commute. It’s Mary Meeker’s much-anticipated State of the Internet report for 2017. A glorious 355 slides of all the internet trends right now, from interactive games to China’s golden age of entertainment to digital disruption of the media. Fill your boots.

5. The Blues went 1-0 in State of Origin, and despite their biggest win at Suncorp Stadium (28-4), the Blues had to work for it in a spectacular show. Andrew Fifita was the main destroyer going forward, but Tigers fullback James Tedesco was literally the showstopper as the Maroons threw everything they had at the line. Boom:

6. The US successfully intercepted an intercontinental ballistic-type missile for the first time during a live-fire exercise. There is video.

7. A Malaysia Airlines plane was forced to return to Melbourne after a man who claimed to have a bomb attempted to enter the cockpit. Passengers tackled the man and cabin crew restrained him until police boarded the plane. Police later said the man did not have a bomb.

8. You might have seen Kathy Griffin trying to be edgy funny yesterday by holding up a prop of Donald Trump’s blood-soaked, severed head. Trump’s 11-year-old son Barron didn’t get the joke, and neither did anyone else – not even Democrats. And especially not Griffin’s home network CNN, which this morning fired her.

9. In case you missed it, Sarah Kimmorley spent a day with Showpo founder Jane Lu, the 31-year-old who left her accounting job, fooled her parents into thinking she never left, then set up an online fashion retailer that’s now hitting an annual run rate of $30 million. As she told Kimmorley, she’s “not here to f..k spiders”. This is a great read about exactly the kind of young talent we need to be celebrating.

10. Here are all the ways Tiger Woods was asked to prove he was sober enough to drive. It’s quite a list of failures, although he did recite the alphabet properly. We’re still getting our heads around the fact there is such a thing as “recite entire national anthem backwards”.

BONUS ITEM: Somewhere in Kiev, Ukraine:


(It was a water main.)

Have a great day.

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