Welcome to My Blog

10 things you need to know this morning in Australia

Monday 11 May 2020

Business Outsider

Business Insider Australia Twitter Facebook LinkedIn

10 things you need to know this morning in Australia

Good morning, team. Today, we're moving into the next phase of coronavirus recovery: scolding people who don't follow the rules as the government tries to jumpstart a flailing economy and tries to avert a longer-lasting collapse in consumer demand. So go shop, eat, participate in the economy – but not too much.
Enable Images to View
 

This is how Australians spent their $550 coronavirus payment as restrictions begin to lift

Australian spending jumped at the end of April and beginning of May as $550 one-off payments began being paid to some Australians. A spending spike was recorded during the period, coinciding with the payments and some early relaxation of government restrictions related to COVID-19.
Enable Images to View
 

Sydney auction sales are creeping up again as restrictions relax, but the market isn't out of 'uncharted waters' just yet

New South Wales and Western Australia lifted their prohibition on live property auctions and inspections over the weekend. It saw Sydney's auction clearance rate jump to 65%, from around 50% the weekend prior, and in the 30s before that.
Enable Images to View
 

Uber Eats has reduced its commission fee for restaurants, following pressure from its partners – but only by 5%

Uber Eats is slashing its commission fees from 35% to 30%. It comes after restaurant owners raised concerns over the high commission fee they have to pay while forced to shut their doors during the coronavirus pandemic.
Enable Images to View
 

Here's how each state and territory are relaxing coronavirus restrictions

Australian states and territories are continuing to lift their coronavirus-related restrictions, in line with new guidance from the federal government.
Enable Images to View
 

'If anyone is arrested, I ask that it only be me': Elon Musk confirms Tesla is restarting its factory against local rules

Tesla CEO Elon Musk on Monday confirmed that the company had restarted its production in defiance of local orders. The billionaire said he would personally be on the line, risking arrest.
Enable Images to View
 

Suncorp's banking CEO has resigned, as the group announces it expects to take a $133 million COVID-19 hit

Bancassurer Suncorp Group has revealed it is expecting to take a $133 million hit from COVID-19, confessed to underpaying its staff to the tune of $70 million and announced the surprise resignation of the recently appointed CEO of its banking and wealth arm.
Enable Images to View
 

Here's how record-low interest rates could affect your finances

The Reserve Bank of Australia has held the cash rate at 0.25 per cent for the second time since it cut the rate twice in March 2020. Interest rates are set to stay lower for longer, with Westpac's chief economist Bill Evans anticipating the RBA to hold the cash rate at this level until "at least December 2023".
Enable Images to View
 

This $30 charging cable is made from the same material as bulletproof vests — and it's lasted way longer than the cheap kinds I used to buy

I'm extremely frugal, and spending more than A$15 on a phone charger never seemed appealing. However, my apartment recently became an unofficial graveyard for under-A$15 CVS phone chargers that could not survive me as their custodian.
Enable Images to View
 

29,000 blood donations are still required on a weekly basis – and Aussie companies are jumping in to help

In the midst of a pandemic, it's expected that the average person will lose track of their regular habits. A week that once consisted of human interaction and various external stimuli has been replaced with a routine that's mostly confined to your lounge room.

No comments:

Post a Comment