10 things you need to know this morning in Australia

Missing Australian Alek Sigley has been released from detention in North Korea.

Good morning!

1. Missing Australian student Alek Sigley has been released from detention in North Korea. Sigley was studying in North Korea and was reported missing last week. Australian Prime Minister Scott Morrison announced Sigley’s release and said “he has now safely left the country.”

2. Samsung Australia is facing court. The company is being taken to the Federal Court by the Australian Competition and Consumer Commission for allegedly misleading Australian consumers by advertising its Galaxy phones as water resistant. The ACCC claims the phones have not been sufficiently tested in Australia and could be affected if they are submerged in water.

3. The winners (and losers) of the proposed tax cuts. With the Australian government on track to pass the $158 billion tax cut package, we take a look at how much you could save.

4. Beijing completes construction of its new airport. The Beijing Daxing International Airport is set to begin operations by September 30. Take a look at the new facility.

5. European stocks are rising. European stocks rose on Wednesday amid the slowdown in the US economy.

6. A Federal Court in the US ruled that Amazon could be held liable for defective products sold by third party vendors. It comes after a customer was blinded in one eye after being hit by a retractable dog leash.

7. Sony released new wireless headphones. The company unveiled its latest WH-XB900N headphones, a cheaper version of its “Bose-killer” WH-100XM3 headphones.

8. No-work Wednesday generates positive results. Australian digital marketing company Versa introduced a no-work Wednesday policy in 2018 and during that period, its revenue increased by nearly 50% and profits almost tripled.

9. Tesla’s Model 3 sedan was the best-selling electric vehicle in the US during the first half of 2019 according to electric vehicle website, InsideEVs. The site estimated that Tesla sold 67,650 Model 3s in the US in June, more than seven times the sales generated by its next best selling EV, the Model X SUV.

10. Oil tanker woes. British Royal Marines seized an oil tanker after it was accused of breaching EU sanctions by bringing Iranian oil to Syria.

BONUS ITEM

Check out this ‘wearable chair’ made out of aerospace grade aluminium:

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.