10 things you need to know this morning in Australia

(Photo by Robert Cianflone/Getty Images)Cardinal George Pell at Melbourne Magistrates’ Court in May 2018.

Good morning!

1. Four people have been killed in Darwin overnight. A man opened fire in locations around the Northern Territory capital, killing four and injuring another. The shooter, who was known to police, is in custody. PM Scott Morrison confirmed it wasn’t an act of terrorism.

2. RBA cuts rates to 1.25%. It’s the first reduction in the official cash rate since August 2016. Economists agree there will likely be a follow-up cut rate cut later this year.

3. Banks’ RBA reaction. The Commonwealth Bank and NAB have announced they are passing on the RBA rate cut in full to customers, but ANZ and Westpac have announced smaller cuts to variable home loan rates, in defiance of Treasurer Josh Frydenberg’s wishes.

4. George Pell’s case back in court. The Catholic cardinal is facing a six-year jail term after being found guilty for sexually abusing two choirboys. His appeal hearing starts today.

5. Your 10-second guide to today’s Australian GDP report. Australia’s latest economic report of March quarter GDP will be released on Wednesday and will contain some major indicators for the health of the economy.

6. Australian Federal Police raid home of Australian journalist. The political journalist who revealed top secret internal documents on an alleged government proposal to spy on the public was raided by the AFP yesterday. Her employer News Corp Australia strongly condemned the raid.

7. Google exec Sally-Ann Williams appointed Cicada Innovations CEO. Starting in her new role in July, Williams is focused on topics such as sustainable food production and cancer treatment.

Sally-Ann Williams (image supplied)

8. Mark Zuckerberg on the chopping block again. The majority of independent Facebook investors voted in favour of proposals last week to fire Zuckerberg as chairman and scrap the firm’s share structure. However, the vote is powerless due to Zuckerberg’s controlling stake in the stock.

9. A sporting gift. On his first official meeting with Queen Elizabeth II, Prime Minister Scott Morrison has gifted her with a signed copy of the official biography of Australian champion racehorse Winx. The monarch is known to be a fan of horses.

10. Bye bye baby. One of London’s infamous protest Trump baby blimps has been stabbed by an UK-based supporter of President Donald Trump.

BONUS ITEM

To celebrate the start of Pride Month, famous Drag Queen Miz Cracker gives Queer Eye’s Antoni Porowski a full drag makeover.


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