1. 2 million Australians aged 50-59 now set to receive the Pfizer COVID-19 vaccine
Health authorities have requested Pfizer ramp up supply of its COVID-19 vaccine as 2.1 million people aged 50-59 have been excluded from receiving the AstraZeneca vaccine due to blood clotting concerns. "Are we on track to offer every Australian a vaccine who is eligible during the course of 2021? The answer remains, and the advice we have, is yes," said health minister Greg Hunt.
2. Super funds set to post the best annual return in over two decades
The median growth fund has risen by 19.8% in the 11 months to the end of May according to research from SuperRatings published by The Australian. As the end of the financial year approaches, super funds are set to surpass the 18% return from 1997 for the best annual performance since compulsory super was introduced.
3. Reforms to super pass parliament
The Morrison government's changes to superannuation which include 'stapling' an individual's first super fund to them through multiple jobs and regular performance tests for super funds passed parliament on Thursday. "With more than $3 trillion in superannuation, super funds must now act in the best financial interests of their members," said Josh Frydenberg.
4. US Olympian says burrito is to blame for positive steroid test
US runner Shelby Houlihan said a pork burrito she bought from a food truck explains why she tested positive for the anabolic steroid nandrolone during a drug test in December last year. Houlihan, who holds the US record for the 1,500m and 5,000m, will still be able to run in the Olympic trials which begin on Friday if she chooses to appeal the four-year ban that was handed down.
5. Dow Jones moves lower again
The Dow Jones fell by 210.22 points or 0.62% on Thursday, the second day of falls for the index after the US Federal Reserve raised inflation expectations. The S&P 500 was down 1.84 points or 0.04% to 4,221.86, while the Nasdaq posted a gain of 121.67 points or 0.87% to 14,161.35.