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10 things you need to know this morning in Australia

Thursday 3 October 2019

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10 things you need to know in Australia this morning

It's that most wonderful day of the week, folks. TGIF.
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The RBA looks destined to take Australia into uncharted territory with a 0% interest rate. This is what it would mean.

The Reserve Bank of Australia (RBA) cut the official cash rate on Tuesday to 0.75%, and gave its strongest indication now that it might go to 0%.
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Here's a rolling list of the celebrity-chef restaurants that have been busted underpaying their staff

It feels like the only thing coming out of the Australian restaurant industry at the moment is report after report about the underpayment of workers. The problem appears endemic to the entire industry, but the stories we particularly love to hear about involve the celebrity chefs; the guys who dominate our screens while also failing to adhere to basic Fair Work laws behind the scenes.
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If you want to create a more positive workplace, consider becoming an 'emotional tank filler', says Atlassian's global operations head

Atlassian's Global Head of Strategy & Operations, R&D, Molly Hellerman discussed the idea of the emotional fuel tank, which can determine our attitude and approach.
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The number of ultra-wealthy Australians is tipped to surge, as a recent property value rebound favours the 1%

Prestige property prices in Sydney and Melbourne have surged more than 4% in the last quarter, far more than any other market segment. That's tipped to make Australia's wealthiest individuals even richer, with more than a third of their wealth tied up in residential property.
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Netflix is raising the price of its premium plan in Australia for the first time since 2017 – but the basic and standard plans will remain the same

Netflix is increasing the price of its premium plan in Australia from $17.99 to $19.99 from Thursday. The price of its basic and standard plans, however, will remain the same – for now.
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WeWork is planning to lay off thousands of people — up to 25% of its employees — as its new CEOs focus on the core business

WeWork is planning to lay off between 10 and 25% of its workforce, a source familiar with the situation told Business Insider. The cuts come as new CEOs Artie Minson and Sebastian Gunningham try to focus on WeWork's core business after a tumultuous lead-up to a shelved initial public offering.
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Microsoft's new Surface Pro X gets better battery life than an iPad Pro — and it runs a full version of Windows 10

Microsoft's new Surface Pro X gets 13 hours of battery life - an impressive number for such a slim and light laptop that runs the full version of Windows 10.
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Instagram has created an app for instant messaging with people on your Close Friends list in an attempt to best Snapchat

Facebook has released a new app for Instagram made for instant messaging and quick photo-sharing with those on your Close Friends list. The app, called Threads, acts as a dedicated standalone platform for communicating quicker and easier with the people you talk to most.
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Power is the best action TV show you'll watch right now and these are the characters that prove it

You can catch season six of Power on Stan. Start your 30-day free trial today.. My love for Power is getting a bit out of control — to the point that I'm known around the office as "the one who's obsessed with Power".

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