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10 things you need to know this morning in Australia

Monday 2 March 2020

Business Outsider

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The Australian government has upgraded its travel advice for Italy due to the coronavirus, urging a high degree of caution for all travellers

The Australian government has upgraded its travel advice for Italy as the coronavirus continues its spread in the country. The government now advises travellers to "exercise a high degree of caution" if travelling to Italy, and to reconsider the need to travel to 10 towns in the north which have been particularly affected by the virus.
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The median Sydney house price just sailed past $1 million again as five other cities hit new heights – but the coronavirus could throw a spanner in the works

The median house in Sydney once again costs more than $1 million, as prices continue to swell. Prices are now at record highs again in Melbourne, Brisbane, Canberra, Hobart and Adelaide.
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The RBA will almost certainly be forced to cut interest rates today to fight the coronavirus outbreak – but it might not change a thing

Markets appear to have flipped and are now pricing in a rate cut in Australia on Tuesday. After the US Federal Reserve indicated it may also cut, and the coronavirus tore through markets last week, economists revised their forecasts.
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Jetstar workers have voted to accept a new pay deal, ending months of industrial action which led to flight disruptions

Jetstar workers have signed off on an enterprise agreement after a lengthy pay and worker condition dispute which led to strikes. The Transport Workers Union called for a minimum of 30 hours work per week, a 4% increase in wages and a guaranteed 12-hour break between shifts.
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It's now much easier for rental tenants in Victoria to have pets

Victoria has enacted new laws that let renters keep a pet in their rental property if they have written consent. Tenants will have to fill out a consent form on the Consumer Affairs Victoria website.
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Amazon tells all 798,000 employees to halt travel, in US and internationally, over coronavirus fears

Amazon has instructed its 798,000 employees to avoid "non-essential travel" domestically and internationally because of concerns about the coronavirus outbreak, a spokesperson confirmed to Business Insider.
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Amy Klobuchar is dropping out of the 2020 presidential race and reportedly endorsing Joe Biden

Sen. Amy Klobuchar is dropping out of the 2020 presidential race after a disappointing performance in South Carolina, CNN and The New York Times reported on Monday.
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These two Aussie surfers started Seabin in an effort to clean up the world's oceans – and it just crowdfunded more than $1.2 million in investment

Australian business Seabin has turned to equity crowdfunding to scale its technology which automatically filters seawater. Started by two Australians Pete Ceglinski and Andrew Thurton, the business has raised $1.2 million and counting from around 1000 small investors
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Seth Godin's company Yoyodyne was acquired by Yahoo for $30m - now he's bringing his knowledge to Australia with two exclusive Q&As

If there's one thing you can trust when it comes to entrepreneurship, it's that learning from other people's decisions, mistakes and triumphs can mean the difference between your own success and a throwaway venture.

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