Australia Markets closed

Yahoo Finance's morning wrap for Thursday

Does the Bible prohibit tax? Image: Getty

ASX: The Australian share market is expected to dip at opening following a poor session on Wall Street overnight.

The Dow Jones Industrial Average closed 0.42 per cent lower, while the S&P 500 was down 0.65 per cent. The Nasdaq Composite was down 0.46 per cent.

And the Aussie dollar is currently buying 70.12 US cents, up from 70.06 US cents on Wednesday.

George Calombaris’ company Made Establishment has been found to have underpaid staff by as much as $7.83 million, with the celebrity judge now to pay a large fine, in addition to back-paying staff.

Bill Gates is no longer the world’s second richest man, but Jeff Bezos is still the top dog. Can you guess who pipped Gates at the post?

The word of God is not more powerful than the word of the ATO, the Supreme Court of Tasmania has found, slapping a Christian couple with a $2.3 million fine after they failed to pay income tax on the grounds that it was against the word of God.

Work, work, work, work: The top 10 places to work in 2019 have been named, based on workers’ opinion. Adobe takes out the top spot, followed by Facebook and Southwest Airlines.

SUPERannuation: A new proposal from Industry Super Australia promises to make Australians up to $189,000 richer. The proposal is to automatically combine superannuation accounts when changing jobs into a single fund.

Have a great day.

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