10 things you need to know this morning in Australia

G'day team. Let's do it.

Virgin Australia has asked the government for a $1.4 billion bailout to help it survive the coronavirus crisis

Virgin Australia has confirmed reports it is seeking a $1.4 billion loan from the federal government amid the COVID-19 pandemic.

More alcohol purchase limits are in place at retailers including Dan Murphy's, BWS and Aldi, as spending at bottle shops jumps 86%

More alcohol purchasing restrictions have been put on retailers to address demand spikes amid the coronavirus pandemic. Customers are limited to 2 cases of beer, cider or pre-mix drinks, 12 bottles of wine, 2 casks of cask wine and 2 bottles of spirits.

This is what economists make of the the Australian government's latest $130 billion effort to save jobs from the coronavirus downturn

The Federal Government unveiled a $130 billion fiscal stimulus package yesterday which will subsidise Australian workers' wages. The "incredible" spend will save many jobs, CBA economist Gareth Aird said, but will not save all businesses.

This one chart shows why you'll finally be able to get your hands on some toilet paper soon

The thought that Australians may be unable to get a hold of essential items amid the coronavirus pandemic sent waves of panic through the country. Ironically, it became something of a self-fulfilling prophecy, as many begin to stock up on supplies at once, thus creating shortages produced not by supply issues but by surging demand.

Car Next Door is calling on users to stop 'hoarding' its cars, as Aussies stop taking public transport amid the coronavirus crisis

Car rental service Car Next Door is calling on its users to stop "hoarding" cars so they are available for people who may legitimately need them.

These are the industries still hiring in Australia, as the coronavirus sends job growth into negative territory

Recruitment across Australia has plummeted to -2.8% as unemployment soars, according to new LinkedIn jobs data. Industries like education, tourism, and hospitality have suffered the most.

Boris Johnson's government is reportedly furious with China and believes it could have 40 times more coronavirus cases than it claims

UK government officials say there'll be "reckoning" for China over its handling of the coronavirus. Boris Johnson's government is reportedly furious with the Chinese state.

10 major news events no one paid attention to last week because of the coronavirus pandemic

The coronavirus pandemic has dominated headlines over the past two months, as countries scramble to contain their outbreaks and the death toll climbs higher each day.

The best podcasts to help you reach your savings goals this year

Podcasts have become a resource for Australians seeking financial advice. They provide a free service that can help develop basic money skills we weren't taught in school.

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10 things you need to know this morning in Australia

Good morning, folks.

The government just announced a massive $130 billion wage subsidy program to 'cushion the blow' of coronavirus job losses

The government has announced a wage subsidy of $1,500 per employee per fortnight, to be paid to employers affected by the economic downturn caused by the coronavirus.

The government has made it easier for couples to get the JobSeeker payment, increasing the partner income threshold to $80,000

The Australian government has expanded the eligibility of Centrelink payments as the coronavirus outbreak continues. Australians who lose or have lost their jobs will now be able to receive JobSeeker payments as long as their partner earns less than $80,000.

'We can't just leave them unattended for months on end': The coronavirus lockdown presents unique problems for Aussie cinemas

The film industry has been seriously impacted by the coronavirus, with cinemas in Australia ordered to shut. Some distributors are launching titles which otherwise would have been shown in cinemas on streaming and home video.

Auction sales have fallen to 'near record lows' thanks to the government's ban on gatherings – and it could put power back in the hands of buyers and renters

Auction clearance rates have plummeted in Sydney and Melbourne over the weekend, with figures expected to be finalised in the low 30s. The "near record low", according to Domain senior analyst Nicola Powell, came after live auctions were banned by the federal government last week.

The hotel sector says the use of properties as quarantine facilities could 'save' the industry, which has taken a huge coronavirus hit

The national hotel sector believes the use of properties as quarantine facilities could help save the sector, as occupancy rates slump below 10 per cent amid the coronavirus pandemic.

The Australian government has released a coronavirus app and WhatsApp service to provide information on the pandemic – but some are concerned about privacy

The Australian Government has rolled out a new Coronavirus Australia app on iOS and Android, as well as a WhatsApp information service. The app provides information and advice about the coronavirus pandemic, from social distancing measures to the symptoms you should look out for.

These are the industries still hiring in Australia, as the coronavirus sends job growth into negative territory

Recruitment across Australia has plummeted to -2.8% as unemployment soars, according to new LinkedIn jobs data. Industries like education, tourism, and hospitality have suffered the most.

A rolling list of retailers that have shut their doors amid the coronavirus outbreak, including Michael Hill, Noni B and The Athlete's Foot

The coronavirus pandemic has led several retailers to close their doors. We created a list of retailers that have suspended operations, including Noni B, Michael Hill and The Athlete's Foot.

The best books to help you start saving some money – on any salary

Nonfiction books can make for a great alternative to fiction if you need some sturdy life advice. Seek out books written by financial experts with a knack for simplifying the complexities.

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