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10 things you need to know this morning in Australia Happy Friday, folks.

Woolworths is Australia's most valuable brand, according to a new study – and the big banks have taken a hit Woolies has been named Australia's most valuable brand, according to a new report from Brand Finance. The supermarket chain was followed on the list by Telstra, Commonwealth Bank and BHP.

$30 million has been deposited with Australian neobank Xinja in its first seven days, with half of new customers fleeing the big four Australians appear to be backing banking competitors, after app-based Xinja was flooded with more than $30 million in the first week of launching its high interest account.

Tourism Australia has launched a $20 million bushfire recovery ad campaign, encouraging Aussies to holiday locally Tourism Australia has launched a new, $20 million advertising campaign called "Holiday Here This Year" encouraging Aussies to travel locally to support the tourism industry.

Shopping centre landlords are 'spooked' by the recent collapses of high-profile Aussie retailers Shopping centre landlords "spooked" by the collapse of high-profile retailers will likely be forced to renegotiate rents as store closures eat into occupancy rates and income from malls.

'Battle-hardened' banking heavyweight John McFarlane will become Westpac's new chairman, as former bosses depart amid scandal John McFarlane has been named as the new Westpac chairman to replace long-serving Lindsay Maxsted. McFarlane previously served for a decade as ANZ CEO before going to the UK and turning around British banking giant Barclays.

3 US crew members were killed when a large air tanker crashed in Australia while fighting bushfires An Australian official confirmed at a press conference Thursday that three Americans died when a large air tanker crashed in the Snowy Monaro region of the state of New South Wales.

The president of Microsoft says it took its bid for the $10 billion JEDI cloud deal as an opportunity to improve its tech – and that's why it beat Amazon Microsoft viewed the bidding process for the Pentagon's contentious $US10 billion cloud computing contract as a "very large scale engineering project," company President Brad Smith told Business Insider.

Health experts issued an ominous warning about a coronavirus pandemic 3 months ago. Their simulation showed it could kill 65 million people. A coronavirus that originated in Wuhan, China, has killed 18 people and infected more than 630. The virus has been reported in at least eight other countries, including the US, where a man in Washington who recently visited China was confirmed to have the illness.

What 0% car finance can end up costing you in the long run The world of car finance can be just as tricky as navigating home loans. There is often a multitude of options to compare, especially when it comes to low or no-interest car loans. While they might sound like a fantastic deal, these loans often come with a catch. As the old saying goes, if something's too good to be true, it probably is.

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