10 things you need to know this morning in Australia

Atlassian cofounders Mike Cannon-Brookes and Scott Farquhar

Good morning!

1. Australia’s 200 richest people revealed. The Australian Financial Review has unveiled its 2019 Rich List, with $15.5 billion cardboard mogul Anthony Pratt and family topping the list again, followed by mining boss Gina Rinehart ($13.81 billion), and Meriton tycoon Harry Triguboff ($13.54 billion). Atlassian founders Mike Cannon-Brookes and Scott Farquar made the top 10 for the first time, among a record-breaking 14 tech leaders. Read the full list here (warning: paywall).

Source: Australian Financial Review

2. New mandatory minimum wage. The 3% bump brings it up to $740.80 per week, but it’s less than half of what the trade unions were calling for.

3. Billionaire James Packer has sold almost half his stake in Crown Resorts. Macau-based gaming outfit Melco reportedly bought Packer out of the company his family once controlled. The sale raises questions about the future of Crown’s Barangaroo casino project, according to the Sydney Morning Herald.

4. China denies claims it aimed lasers at Australian pilots. China’s defence ministry says says reports of lasers on Chinese fishing boats targeting Australian navy helicopter pilots was “not consistent with the facts”.

5. The Aussie dollar has tumbled over 40% over eight years and it might not be done. ANZ and Westpac believe the Aussie’s slide isn’t over yet.

6. Elon Musk says he lost money running Tesla last year. He made the claim in a Tweet responding to a New York Times report which revealed he made more than the next 65 highest-paid US CEOs put together in 2018.

7. Your pillowcase could have more bacteria than your toilet seat. Each night, your body sheds around 15 million skin cells, which build up if you don’t wash your sheets often. Hear more about the scientific revelation with this video from Business Insider.

8. This Canadian man won a $5 million lottery jackpot, but he’s keeping his janitor job. Vito Halasan, 58, says he plans to use the money to take care of his three children and four grandchildren.

9. Uber announces it will boot passengers with low rankings. The minimum needed to keep riding hasn’t yet been specified but the ban will extend to Uber Eats. Here’s how to avoid being banned.

10. Julian Assange moved to medical ward in jail. WikiLeaks has “grave concerns” about the health of its founder, who missed his video-link court appearance.

BONUS ITEM

Cricket fans have gone ballistic after Ben Stokes pulled off an impossible catch for England at South Africa’s World Cup.


You can get 10 things direct to your inbox each morning by punching your details into the form below.

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.