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10 things you need to know this morning in Australia

Sunday 9 February 2020

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10 things you need to know this morning in Australia

Good morning, team. A new week dawns.
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Afterpay says it is just like Google or Facebook, and shouldn't be regulated like a payment service

Afterpay has made its submission to the RBA, arguing buy now, pay later companies should be able to stop retailers from passing on its fees to customers.
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Foxtel's sport streaming service Kayo has seen a slump in subscribers, and the company blames it on the cricket

News Corp chief executive Robert Thomson has blamed cricket for the shock slump in subscribers for Foxtel's sports streaming service, Kayo, a little over a year after its launch.
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While other neobanks are 'racing for deposits', Up Bank has secretly been building something bigger

Digital bank Up has given a rare indication of its size and growth, revealing it has amassed more than 185,000 customer in just 18 months. While other neobanks have been making a show and dance about their deposit growth, Up founder Dom Pym told Business Insider Australia that his bank has been quietly raising the bar in the banking sector.
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Uber is launching its RideCheck safety feature in Australia this month, which prompts you if it detects something wrong during your trip

Rideshare company Uber is launching its RideCheck safety feature in Australia next Tuesday. The feature provides tools that riders and drivers may need when something goes wrong during the trip, such as a car crash or an unusually long stop.
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With more than 800 dead, the Wuhan coronavirus has killed more people than the SARS outbreak

The novel coronavirus that originated in the central Chinese city of Wuhan, the capital of Hubei province, has officially killed more people worldwide than the severe acute respiratory syndrome (SARS) outbreak that rocked China in the early 2000s.
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A hedge fund betting against Tesla lost more in January than all of 2019

Crispin Odey held a short position against Tesla at the end of January, The Financial Times reported Wednesday. The Odey European fund that held the position was down 11.2% at the end of the month, according to the FT.
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19 countries where the kids of the wealthy are most likely to end up poor

Although parents want their children to achieve more success than themselves, there is a chance that their children will earn less than them. The World Bank released a report in 2018 that looked at intergenerational educational mobility.
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Nevada Democrats will use an iPad program to avoid an Iowa-like disaster in its upcoming caucus

Nevada Democrats will use an iPad tool to tabulate votes for its caucus, The Nevada Independent reported. Plans for the caucus, which is set to take place on February 22, had to be altered quickly after the chaotic situation with Iowa's caucus.
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Bernie Sanders and Pete Buttigieg are neck-and-neck in New Hampshire polls ahead of the primary

The second release of CNN's New Hampshire Democratic primary poll shows Bernie Sanders and Pete Buttigieg leading the rest of the field by 10 points.

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