Folks! We made it to Friday. You may be surprised to hear I have a number of stories for you, which are either directly or indirectly related to the coronavirus.
Nearly one million Australians have applied for JobSeeker in the last six weeks, the government's unemployment support payment and the successor to Newstart, according to government figures.
Woolworths posted its strongest quarterly sales growth in more than a decade, with group sales rising 10.7 per cent to $16.5 billion in the March quarter, but warned that a cost blowout and big monthly losses in hotels would offset some of the benefits.
NAB has automatically reduced all minimum repayments for credit card customers, regardless of circumstance. The policy, while seeming generous, threatens to cost customers more in the long-run as interest, at rates as much as 19.99%, continue to accumulate.
The ACCC has approved the merger of Gumtree and Cox Media, the parent company of Carsguide and Autotrader. Carsguide and Autotrader provide online vehicle classifieds.
Ola has launched a new offering called Ola Pro, promising a "super sanitised" version of its rideshare service. Users will be separated with a platic "hygiene screen" from their drivers, who in turn will be supplied with a kit containing hand sanitiser, gloves, antibacterial wipes and face masks.
Warren Buffett's preferred stock-market gauge hit a record high, signalling stocks are overvalued and a crash could be coming. The "Buffett indicator" divides the total value of publicly traded stocks by quarterly GDP.
Amazon reported its first-quarter earnings on Thursday after the bell. Amazon's sales grew faster than expected as more people shopped online amid COVID-19.
Spotify surged as much as 17% on Wednesday after reporting a 31% jump in paid subscribers amid the coronavirus lockdown. The Swedish company said "Every day now looks like the weekend" as consumer listening habits change dramatically due to the coronavirus pandemic.
Woolworths and Coles are lifting some of their product restrictions once again. Woolworths is ditching restrictions altogether on tissues, frozen veggies, pasta, baby wipes, canned spaghetti, baked beans, paper towels and disposable gloves.
Supermarket giant Coles has reported a massive 13 per cent upswing in sales over the first three months of the year as coronavirus panic buying saw people rush into its stores.
With Australians ramping up their online shopping during the coronavirus pandemic, some retailers have turned to 'dark stores'. These stores are not opened to the public and instead have staff that pick inventory that is then sent to those who order online.
Australia Post has started recruiting 600 casual workers to help with its parcel delivery demand. Deliveries have averaged nearly 2 million parcels a day since before Easter.
Australian professionals are increasingly dedicating their time at home to upskill online, with LinkedIn Learning seeing 15% growth during the month of April.
Australian Prime Minister Scott Morrison has called for an independent investigation into the coronavirus pandemic, describing it as a "very reasonable and sensible course of action."
Facebook announced its Q1 2020 earnings on Wednesday. Its user numbers surged, while its revenue was better than Wall Street was expecting. The results pushed the company's stock up 10% in after-hours trading.
I've tried a ton of great tech over the past two and a half years, but some gadgets stand out way more than others. These are 17 gadgets and accessories I rely on all the time, from cheap cables to Apple's latest iPad Pro.
The way Australians are working has changed dramatically during the global coronavirus pandemic. Those who can work remotely are finding the best ways to adjust their lives accordingly, while business owners are working out how to navigate the challenges ahead and adapt to a "new normal".