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10 things you need to know this morning in Australia

Monday 4 May 2020

Business Outsider

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Google dismisses Australian publishers' demands to be paid for their content – saying they should delist from Google News instead

Google has formally responded to the Australian government's efforts to force it to pay news publishers, arguing that the debate is riddled with "misconceptions".
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PayPal customers have been paying a significant markup on currency conversion since the start of March, competitor TransferWise has alleged

Australian and New Zealanders shopping internationally may have been paying a big premium to do so since March, according to new analysis from TransferWise.
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Longtime Amazon VP Tim Bray just quit in dismay, calling the company 'chickenshit' for firing workers who criticised it

An Amazon engineer and vice president said he "quit in dismay" over Amazon's firing of whistleblowers who raised concerns about warehouse employees frightened of COVID-19.
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International travel won't be an option until 2021 at the earliest, according to a survey of Australian economists – with one big exception

Australian border restrictions won't be lifted until the start of 2021 at the very earliest, nearly 90% of Australian economists forecasted in a survey conducted by Finder.
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Afterpay's share price is soaring after it secured the backing of Chinese giant Tencent. Here's what it means.

Chinese tech giant Tencent, developer of Chinese social media channel WeChat, has taken a 5% stake in Afterpay. The backing sent Afterpay's stock price soaring, jumping almost 24% on Monday.
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This one chart shows how bad the Australian job market is right now, with the number of advertised positions halving in April

The number of advertised jobs halved in April, according to the latest ANZ figures. The 53.1% drop was almost five times bigger than the previous record, set at the height of the GFC.
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The coronavirus could kill 3,000 Americans per day by June 1, according to leaked projections from the Trump administration

An estimated 3,000 Americans could die from COVID-19 each day by June 1, according to internal Trump administration projections that The New York Times published Monday.
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From Masterclass to a wine club, here's a list of last-minute Mother's Day gifts that don't rely on Australia Post

If you've missed the Australia Post cut-off to ensure your mum got her Mother's Day gift in time, fear not, we have some ideas so you can still look like the golden child this Sunday.
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5 startups explain how being away from the big smoke of Sydney and Melbourne helped their success

Sydney and Melbourne might be the traditional hotspots for business, but many startups are discovering the wisdom of escaping the big smoke for somewhere with the same amenities, but a lot more support from the locals. Not to mention an all-round better lifestyle.

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