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10 things you need to know this morning in Australia

Wednesday 20 May 2020

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10 things you need to know this morning in Australia

Good morning, team. Hope you're all maintaining social distancing while responsibly returning to a level of economic productivity commensurate with a business as usual approach. Or whatever it is the government wants us to be doing right now. As usual, if you have any tips, stories or rants you think Business Insider should know about, email me at james.hennessy@businessinsider.com.au.
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Australian retailers just had their worst ever month, with the 'unprecedented' fallout far from over

Australian retail sales suffered their biggest monthly fall on record, dropping 17.9% in April. It came as the supermarket splurge seen in March fell by the wayside, and spending on clothes, footwear, cafes and restaurants halved on last year's levels.
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Concerts likely won't be allowed for a while yet. Until then, 'drive-in concerts' could help scratch the itch.

Drive-in Hubs are set to open in New South Wales and Victoria for live concerts. The first concert will be held at Tempe in Sydney on Thursday, May 20, with a performance from Casey Donovan.
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eToro is letting Australians trade on Wall Street commission-free, which it says presents 'a generational opportunity'

Share trading platform eToro has cut its commission to zero for Australians trading US stocks. It has also introduced fractional investing, allowing Aussies to buy fractions of a share in US companies like Amazon which typically carry a prohibitive share price.
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Qantas CEO Alan Joyce says Australians could 'easily' be flying around the country again by July – if state governments allow it

Qantas could "easily" return to 50% domestic capacity by July if government restrictions were to ease, CEO Alan Joyce has claimed. Speaking to media on Tuesday, Joyce put pressure on the state governments to loosen up their barriers to interstate travel.
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Despite widespread talk of reopening, WHO just reported a record number of new coronavirus cases in a single day

As many countries gauge how best to reopen safely, the coronavirus continues to infect people around the globe. The World Health Organisation said on Wednesday that it had logged a record number of daily new coronavirus cases: 106,000 worldwide.
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Dow gains 369 points as investors consider economic-reopening prospects

US stocks rose on Wednesday as investors looked to positive signs of economic reopenings from coronavirus shutdowns. Retailers continued to release earnings, with Lowe's gaining and Target declining after premarket reports.
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Jacinda Ardern says a 4-day workweek could help New Zealand's economy recover from the coronavirus downturn

New Zealand Prime Minister Jacinda Ardern said a four-day workweek could help the country save its faltering economy after the coronavirus downturn.
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Chablis is the on-trend wine of the moment – here are 3 brilliant bottles to add to your collection

When my tech-savvy, always-on-trend editor starts raving to me about her current love-affair with Chablis, it's easy to know what's "white hot", and even easier to predict where this love affair will take her. Because once you have had great Chablis, you can't – and won't – give it up. You're together for life.
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Many Australians are turning to further education during their time in isolation – and these people are proof a career change is possible

As LinkedIn Learning has seen a 15% increase in the number of people using the service, it's safe to suggest that the desire to upskill during lockdown is at the forefront of many Australians' minds.

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