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10 things you need to know this morning in Australia

Tuesday 17 September 2019

Business Outsider

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10 things you need to know this morning in Australia

It's Wednesday. We're halfway there.
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Australians are gearing up to blow their tax returns on just about everything – and say they'll buy a house before they buy a car

Cashed up with this year's outsized tax refunds, Australians are looking to spend, according to Commonwealth Bank analysis, in a much-needed coup for the economy.
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Aussie startup Car Next Door just got a $6 million injection from Hyundai as the car-sharing trend continues to ramp up

Hyundai is investing $6.2 million in Australian car-sharing platform Car Next Door. The funding takes Hyundai's total investment in Car Next Door to more than $8 million over the past 12 months.
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You could soon be watching fail videos over a beer at your local pub, as global viral video juggernaut Jukin Media signs deal in Australia

On-screen content business Nightlife Music has sealed a unique partnership with Los Angeles-based viral content empire Jukin Media. The deal will bring Jukin's vast video library to pubs, clubs, restaurants and gyms across Australia.
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We spoke to a funeral director about the business of death – and if you live in a city, odds are you're probably getting cremated

Most people have very little to do with the funeral business if they can help it. Yet death is one of the only guarantees in life and subject of much curiosity.
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Australia's top 10 CEOs all made more than $10 million last year – and they're being called out for their 'culture of entitlement' around huge bonuses

The Australian Council of Superannuation Investors (ACSI) revealed the 10 highest paid CEOs in the ASX200 listed companies, with Qantas chief executive Alan Joyce coming out on top.
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The driver's licence photos of an entire state have been uploaded to a national facial recognition database – and your face could be next

The driver's licences of all Victorians have been uploaded to a national facial recognition database, with both VicRoads and Victoria Police tipped to have early access to the data.
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Australia has been caught napping with just 28 days of its emergency oil left – now it might be forced to strike a deal with Trump

Australia is at the biggest risk of an oil emergency shortage in years, with recent strikes in Saudi Arabia threatening the global supply, and Australia's own reserves less than a third of their mandated level.
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WeWork bonds plummet the most on record after the company delays its IPO

WeWork's delayed IPO effort sent its bonds tumbling Tuesday as the company's streak of bad news continues.
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A lost 8th continent is hidden nearly 1,000 miles under Europe, new research shows. Scientists named it 'Greater Adria.'

Hundreds of millions of years ago, Earth had one giant supercontinent named Pangea. Pangea eventually broke up into smaller land masses, which then fragmented further and became our modern-day continents.

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