Australia Markets closed

Yahoo Finance's morning wrap for Friday

Jail, happiness and Ed Sheeran – in the morning wrap. (Images: AAP and Getty)

Good morning.

Markets: Wall St went down overnight as investors still felt unsettled about how the trade war with China would playout. Despite this, the Australian share market is forecast to open higher this morning, with the SPI200 futures up 0.57 per cent at 8am AEDT.

The Australian dollar is buying 67.86 US cents at 8:08am AEDT, a tad down from 67.99 US cents Thursday.

A former newsreader has been jailed for stealing $1.7 million from taxpayers. Simone Semmens has been found guilty of 10 charges relating to GST fraud on her various investment properties around Victoria

Joint bank accounts could get you into strife. It might feel nice to start a commitment together, but our household finance expert warns why it's fraught with danger – with some help from Ed Sheeran.

Do you want to work at a place all your friends envy? The world's best place to work, HubSpot, has revealed its secrets

Anthony Albanese warns Australian living standards could plummet. The federal opposition leader has a plan to get productivity moving again, which he says is critical to maintaining our internationally wealthy lifestyles.

Australia needs to stop burning coal by 2030. A new report warns the government needs to form a national plan to shut down existing coal power plants, while a banking executive has warned climate change is an existential threat to financial systems.

Have a great weekend!

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