The US version of Fair Work has launched a lawsuit against Elon Musk's Tesla, accusing the electric car and battery giant of 'widespread and ongoing racial harassment of its Black employees'. Read all about today's business news on our live blog.
Emilia here with your final live markets blog for the week. If you're in Victoria, happy public holiday if you're getting it off.
We've got some big international news this morning, with the US version of FairWork filing a lawsuit against Tesla, alleging the company of "tolerating widespread and ongoing racial harassment of its Black employees". Meanwhile, the major company's stock has helped buoy a tech rebound of the Nasdaq. Overall, Wall Street was up, which means Australian shares will likely follow today.
For anybody who has been watching the soaring price of petrol at the pump, we have a slither of relief, with the price of brent crude slightly down. But will it still hit US$100 per barrel as some are predicting? We'll keep you across today's news here. Grab a coffee or we won't begrudge you a midday beer. Who are you supporting this weekend in the AFL?
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