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Yahoo Finance's morning wrap for Tuesday

Australian dollar banknote bundles on textile textured Australia flag. Source: Getty Images
Australian dollar banknote bundles on textile textured Australia flag. Source: Getty Images

Good morning.

Here’s everything you need to know in finance today.

Opal, Mascot Towers disasters: Where to next for apartment owners? Residents of Mascot Towers in Sydney were evacuated on Friday (14 June) evening following persistent cracking, with residents unaware who will foot the bill to repair the building that has now fallen outside of warranty cover. And it’s an issue that could come to plague many more apartment owners.

Bitcoin hits 13-month high as Facebook prepares to launch cryptocurrency: Bitcoin is trading at a 13-month high on Monday amid reports that Facebook will launch its own cryptocurrency with heavyweight backing this week.

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Huawei expects sales drop to $100bn, smartphone sales to tank 40%: However, Huawei CEO Ren Zhengfei said at an event at the company's Shenzhen headquarters, that he expects a revival in the business in 2021 and that the group would not cut research and development spending despite the gloomy outlook for growth over the next two years.

ASX expected to open flat: Futures are pointing to the Aussie stock market opening flat this morning, despite gains on Wall Street overnight.

Chernobyl becomes unlikely tourist hotspot after acclaimed HBO series: Ukraine’s Chernobyl Nuclear Power Plant— ground zero of the most catastrophic nuclear accident in history— is seeing a surge in popularity with travellers. And it has HBO’s critically acclaimed “Chernobyl” miniseries on the April, 1986 disaster to thank.

Is Australia about to levy a special tax on Netflix? Australia could soon levy a special tax on Netflix as traditional media platforms decline, the federal communications minister has revealed.

7 crucial money lessons for children: Given how important financial skills are to navigating life, and the fact that schools don’t teach children about money, as a parent here’s a few important financial lessons you can teach your child as he or she grows up.

5 tips to get your tax affairs in check quick: As we head towards the end of the financial year, now is the time to take steps to get your tax affairs in order and look at any last minute planning to maximise your return. Here are 5 tips for a happy tax time.

How to make $1,000 in 30 minutes: Even if your bank has publicly promised to pass on this month's Reserve Bank rate cut, it may not automatically apply to you. Here’s why you need to ring your bank NOW.

Have a great day.

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