20 April 2024
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5 things you need to know today

Switzer Daily
6 April 2021

1. Coalition trails in two-party-preferred vote while ScoMo remains preferred PM

The Coalition is behind Labor 49-51 in the two-party-preferred vote according to quarterly analysis by The Australian of the four most recent Newspolls, down from a lead of 51-49 in December. Prime Minister Scott Morrison was chosen as the preferred prime minister by 57% of those surveyed compared to 28% for Labor leader Anthony ­Albanese while 15% were uncommitted.

2. NZ PM expected to announce travel bubble start date

New Zealand Prime Minister Jacinda Ardern is expected to announce the start date for the trans-Tasman travel bubble in a press conference this afternoon. Air New Zealand has ramped up its flight schedule to 23 return services between Auckland and Sydney in the week beginning April 19 compared to the four flights scheduled for this week according to stuff.co.nz.

3. US Treasury Secretary calls for global minimum corporate tax rate

In her first major address as US Treasury Secretary, Janet Yellen has called for the introduction of a global minimum corporate tax rate to "stop the race to the bottom" by working with other G20 countries. "Together, we can use global minimum tax to make sure that the global economy thrives, based on a more level playing field in the taxation of multinational corporations and spurs innovation, growth and prosperity," Yellen said.

4. Couple mistakenly paints on $650,000 artwork

An artwork by US graffiti artist Jon One on display in Seoul, South Korea has been damaged after a couple said they mistakenly thought they were able to paint on it. The artwork, which is estimated to be worth US$500,000 ($653,000), is displayed with paint cans and brushes placed in front of it. "They thought they were allowed to do that as participatory art and made a mistake," said Kang Wook, the head of the exhibition.

5. Wall Street hits new records on Easter Monday

The Dow Jones rose 373.98 points or 1.13% to a new record-high close of 33,527.19 on Easter Monday in the US, where markets remained open. The S&P 500 gained 58.04 points or 1.44% to 4,077.91, also a new record close for the index. The Nasdaq was up 225.49 points or 1.67% to 13,705.59, edging back to its record close of 14,095.47 reached on February 12.

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