Australia markets closed

Fires, climate change debates burn: Yahoo Finance Thursday morning wrap

Rural firefighters are seen preparing to fight fires at Spicers Gap, south west of Brisbane, Wednesday, November 13, 2019. A number of homes have been destroyed by bushfires in New South Wales and Queensland. (AAP Image/Darren England)

Good morning.

Here’s what you need to know in Australia and beyond to kick off your Thursday:

ASX: The Australian share market is expected to open higher despite a mixed session on Wall Street overnight.

The SPI200 futures contract was up 22.0 points, or 0.33 per cent, at 6,713.0 at 0700 AEDT, suggesting a positive start for the benchmark S&P/ASX200 on Thursday.

On Wall Street, the Dow Jones Industrial Average was up 0.27 per cent, the S&P 500 was up 0.04 per cent and the tech-heavy Nasdaq Composite was down 0.18 per cent.

AUD: The Aussie dollar is buying 68.31 US cents from 68.54 US cents on Wednesday.

There’s a forgotten, and demeaning, reality about poverty in Australia. It only affects women, and affects so many more than homeless women. Yahoo Finance reporter Anastasia Santoreneos has the story.

Bushfires – and global warming debates – are still burning across NSW and Queensland. Former fire chiefs from across Australia are calling on the federal government to act now against the "urgent threat" of climate change as bushfires devastate parts of the country.

Australia’s shining a spotlight on foreign interference at unis. Australian universities will have to name their research partners and financial donors under new rules to safeguard against foreign interference. Political ties of research collaborators, the end goal of the research and the objectives of foreign governments will all be scrutinised under the changes.

How much would you lie to score a job? One Trump official actually created a fake Time magazine cover, and lied about her Harvard ‘education’. Find out who it was, and what she did.

How long does it take to save for a deposit in your capital city? ANZ-CoreLogic did some analysis. In one city, it’s more than a decade. Find out how your capital city stacks up.

Where did it all go wrong with the damaged Mascot Towers? NSW Building Commissioner David Chandler knows. And soon, the apartment owners will know. But the wider public won’t be allowed access to the report.

But now, owners say members of the strata committee were made to sign a confidentiality agreement before the report was handed over earlier this week – meaning committee members have read it, but aren’t allowed to share it with the apartment owners who are demanding answers. The owners are furious.

Will we all be eating maggots within years? This Australian CEO thinks so. She also reckons maggots are like sushi. Feeling squeamish? “Embrace the bug.” Read more about it from reporter Lucy Dean.

How do you prepare for a breakup? If you’ve just been dumped, there’s four things you need to do with your money first.

Will Trump be impeached or not? The public hearing of the US congressional impeachment inquiry that threatens US President Donald Trump’s presidency is unfolding on American TV like a crime drama. Catch up about it here.

–with AAP

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