10 things you need to know this morning in Australia

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Good morning!

1. A big indicator of the health of the Aussie economy is out today. The RBA reckons an improvement in labour market conditions is essential in sorting out underlying inflation, and the April jobs report to be released Thursday is an important sign. We’ve put together a 10-second guide to help you get across the findings at a glance.

2. Trump declares national emergency.The US president has signed an executive order detailing “threats against information and communications technology and services” in the US, subsequently setting up for a controversial ban on China’s Huawei in the 5G network.

3. Move over surgical robots, doctors are turning to AI. The technology is helping them communicate with patients, diagnose illnesses and follow up with preventative care. Lives and billions of dollars are being saved.

4. Tesla targets slashed again. The electric vehicle pioneer might have a rich valuation, but analysts continue to cut targets, amid ongoing concerns on demand and growth. Investment bank Evercore says Tesla’s supposed worth is more and more difficult to justify.

5. New Zealand’s prime minister has said she does “not understand” America’s refusal to take on gun law reform. Speaking to CNN’s Christiane Amanpour, Jacinda Ardern talked about the swift action her government took to ban most firearms 28 days after the attack on two Christchurch mosques.

6. Royal whispers. Prince Harry reportedly used encrypted text service WhatsApp to tell his fellow Royal Family members about the birth of his son, Archie. And you thought the name was modern.

7. Does Victoria hold the secret to wage increases? Australian wage growth remains weak, but research from Westpac explains why this southern state managed to see the fastest growth due primarily to a decline in the number of Victorians deemed to be “underutilised” in the workforce.

8. US 2020 election candidate Joe Biden agrees President Donald Trump is an ‘illegitimate president’. The former vice president concurred with a voter who made the statement about Trump during a campaign event in New Hampshire. Biden remains a frontrunner among the 22 Democrats already vying for the party’s nomination.

9. Sneak peek. HBO has released just two photos ahead of the Game Of Thrones season finale. The 80-minute episode was written and directed by showrunners David Benioff and D.B. Weiss.

Game of Thrones/ IMDb

10. Telstra releases Frequent Flyer-inspired rewards program, Telstra Plus . Telstra customers can earn 10 points per dollar that they spend on their phone bill. But will it be enough to make you switch?

BONUS ITEM!

In heartwarming news, a video has gone viral of a young boy in karate class refusing to give up despite being in tears. His classmates cheer him on until he finally manages to perfect the move.


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