10 things you need to know this morning in Australia

Tracey Nearmy/Getty ImagesGetty: Treasurer Josh Frydenberg.

Good morning!

1. It’s Budget day! The Federal Budget will be released by the Morrison government at approximately 7.30pm (AEDT). A tax break for millions of Australians is expected to be unveiled by Treasurer Josh Frydenberg.

2. We asked 18 Australian tech business leaders what they want from Treasurer Josh Frydenberg’s first budget. Here is what they said.

3. Australian business confidence has slumped to a new low despite stronger operating conditions, according to NAB. It was at the lowest level in over three years in March.

4. Joe Biden’s spokesman said further accusations of inappropriate behaviour are “smears and forgeries”. The former vice president of the United States has been accused of inappropriate behaviour as he mulls a 2020 presidential run.

5. Hackers steered a Tesla into oncoming traffic by placing three small stickers on the road. Keen Labs, a two-time honoree of Tesla’s “bug bounty” hall of fame program, said in a research paper on Saturday that it found two ways to trick Autopilot’s lane recognition through changing the physical road surface.

6. Hundreds of Google employees have signed a petition calling for the removal of Key Coles James from Google’s new AI ethics board. James, president of the conservative think-tank Heritage Foundation, has previously made anti-trans comments, including calling transgender women “biological males.”

7. Australian home prices continued to fall in March, albeit at a far slower pace than the levels seen in prior months. While prices are now falling at a slower pace, the downturn appears to be spreading further.

8. Apple has slashed prices on iPhones and other products in China, CNBC reports. The price cuts come as Apple has seen sales drop in China, leading to lower-than-expected revenue in the fourth quarter of 2018.

9. Facebook is going to start explaining why stuff shows up in your newsfeed. It’s part of an effort to be more transparent.

10. Woolworths is shutting roughly 30 of its Big W stores across Australia, with the goal of improving probability and competing in the tough retail market. The closures will take place over the next three years. “This decision will lead to a more robust and sustainable store and distribution centre network that better reflects the rapidly changing retail environment,” Woolworths chief executive Brad Banducci said in a statement.

BONUS: McDonald’s April Fools’ Day joke took on a life of its own, when fans started demanded its new McPickle Burger.

Have a great Tuesday.

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