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10 things you need to know this morning in Australia Good morning.

As wages, jobs and economic growth sink, the government has been forced to cut its promised surplus almost in half The Australian economy been downdgraded in the government's Mid-Year Economic and Fiscal Outlook (MYEFO) on Thursday. With unemployment expected to remain above 5%, wage growth forecasts were again slashed to 2.5% for the next couple of years.

The Australian government is pumping $9 million into research and education pushing back on fears 5G technology is harmful Federal communications minister Paul Fletcher has announced $9 million in funding to assure the public of the safety of 5G networks. It comes amid concerns about the supposed health impacts of 5G networks.

Australian neobank Volt just started launching savings accounts months after its competitors. The company says it's all part of the plan. Australia's 'first neobank' has started issuing accounts to its customer waitlist, months after its competitors began launching. CEO and co-founder Steve Weston told Business Insider Australia the longer lead up has been the result of a partnership model which will see Volt leapfrog its competitors to become "a much bigger bank".

Jetstar will slash 10% of its domestic flights in January, in anticipation of industrial action potentially continuing into the new year Jetstar has announced it will cancel 10% of its domestic flights in January, as part of a "contingency plan" if industrial action continues. The low-cost airline has been subject to industrial action from both the Australian Federation of Air Pilots and the Transport Workers Union in recent weeks.

Aussie executives share their biggest lessons from 2019 – and what to look out for in 2020 Australian executives share their biggest lessons from 2019, such as the importance of being aware of AI and the importance of putting your customers first.

A billionaire pig farmer has the world's fastest-growing fortune — and it has more than quadrupled this year thanks to a global pork shortage Chinese pig farmer Qin Yinglin has seen his net worth jump 341% in 2019 so far, making his the fastest-growing fortune on the Bloomberg Billionaires Index.

If you use Afterpay, your bank might reject your home loan application under new instructions from the regulator ASIC's latest responsible lending guidelines have suggested to lenders that "unregulated" buy now, pay later (BNPL) services are red flags to look for when considering an application.

A sneakerhead who made nearly $7 million in sales last year reveals the kinds of sneakers that are most worth the investment Adeel Shams makes millions reselling sneakers. Shams shared his expert tips for breaking into the exploding multibillion-dollar resale market here.

The CEO of the International Fund for Animal Welfare shares his tips to create change The current discussion over climate change and how we need to change our behaviour in order to preserve our world is by no means new — but often people are still uncertain about how they can do their part.

How to move sustainability beyond a top-level strategy and create tangible change for your company In 2019, sustainability needs to be a priority for businesses, given the substantial mutual benefits of remaining competitive in a changing landscape and having an environmental impact.

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