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10 things you need to know this morning in Australia

Tuesday 31 March 2020

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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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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