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10 things you need to know this morning in Australia

Tuesday 26 May 2020

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10 things you need to know this morning in Australia

Happy hump day, team. Let me inaugurate this auspicious Wednesday by unloading upon you a volley of politics and economics stories – exactly the shot of caffeine you need to succeed and achieve.
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Scott Morrison says he wants to get the economy moving again, but warns it may take five years to recover

Prime Minister Scott Morrison hwarned economic recovery may take between three to five years in an address to the National Press Club on Tuesday. Morrison said it was important to get the economy reopened as soon as possible to get 850,000 people back to work.
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Australia will need to brace for a 'concerning' lack of migration, with as many as 220,000 arrivals set to go missing this year

Australia is headed towards a migrant shortfall this year of at least 126,000 from what is required, the Prime Minister has revealed. In total, government estimates say net migration will fall to just 34,000 this year.
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Target's downsizing effort has put the spotlight on the similarly struggling Big W

Wesfarmers' decision to take an axe to discount chain Target has put a focus on rival retailer Woolworths' own struggling department store, Big W, which could be set to accelerate or expand its own store closure plans.
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After witnessing a 'dramatic' fall in business and drivers, rideshare companies are gearing up for a recovery

DiDi will begin to wind back key financial relief measures offered to drivers as the Australian government looks to relax restrictions and trip numbers again grow.
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Afterpay says its new partnership with Ticketek is part of its strategy targeting millennials and Gen Z

Ticketek will be the first ticketing platform to integrate with Afterpay. It comes as Ticketek prepares for live entertainment to return following coronavirus restrictions.
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6 ways to watch SpaceX's historic first rocket launch of NASA astronauts live online

SpaceX is about to launch its highest-stakes mission since Elon Musk founded the company in 2002: Its first launch of people. NASA is working with the company to launch the mission, called Demo-2, which will fly astronauts Bob Behnken and Doug Hurley inside a Crew Dragon spaceship.
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Facebook reportedly had evidence that its algorithms were dividing people, but top executives killed or weakened proposed solutions

Facebook's internal research found that it encouraged polarization, but Mark Zuckerberg and other top executives rejected ideas aimed at fixing the problem, The Wall Street Journal reported.
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Apple is expected to release a larger iPhone 12 Pro later this year — here's everything we know about Apple's next high-end iPhones so far

Apple is expected to release four new iPhones this year, including two models expected to be called the iPhone 12 Pro and iPhone 12 Pro Max. While some features will be consistent across all models - like 5G support and OLED displays - others are expected to be exclusive to the Pro phones.
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4 tips for setting up a home bar without breaking the bank

Setting up your very own home bar can seem like a daunting task, particularly if you're trying to go from nothing to something all in one go. Rather than rush, it often works out better if you allow it to evolve over time, accounting for your own unique tastes and budgets.

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