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10 things you need to know this morning in Australia

Thursday 11 June 2020

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Virgin Australia is adding more domestic flights, as states continue to lift travel restrictions

Virgin Australia is ramping up its domestic flights as states continue to ease travel restrictions. The airline is increasing its flights between Sydney, Brisbane, Melbourne and Perth.
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This is where Australians were investing their money as the market rebounded

The Australian sharemarket has followed global patterns, crashing in March only to rebound strongly into June. In the wash, some companies have performed far more strongly than others, either directly benefiting from the pandemic or simply proving resilient to it.
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These are the areas most likely to take up the $25,000 HomeBuilder grants — if their owners can actually afford it

CoreLogic has revealed the ten areas in Australia with the most number of households eligible for HomeBuilder renovations. Dominating the list is Melbourne and Perth, with the two cities sporting seven areas with almost 800,000 eligible homes.
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Australia's economic recovery could outpace the rest of the world, the OECD forecasts — if the government doesn't blow it

Australia is better placed than most of the world when it comes to mounting a fast recovery, the OECD believes. In its latest analysis, it forecast the country could minimise the hit to the GDP to 5% and keep unemployment below 8% if it can stave off a second wave of infections.
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Netflix Australia has pulled several Chris Lilley shows, as platforms around the world axe content featuring blackface and other racist stereotypes

Netflix has removed four shows by comedian Chris Lilley from its Australian platform: "Angry Boys," "Summer Heights High," "We Can Be Heroes" and "Jonah From Tonga".
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The ATO is preparing for 'a tax time like no other' as millions of Australians get ready to claim expenses for working from home

The ATO is preparing for "a tax time like no other" as millions of Australians claim expenses for working from home during the pandemic. With another surge in early tax return filing expected in 2020, Tax Office Assistant Commissioner Karen Foat said a new simplified system had been created for deductions related to working from home expenses.
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Dow plummets 1,862 points, its worst day since March, on cautionary Fed messages and 2nd-wave coronavirus fear

US stocks tanked on Thursday as cautious commentary from the Federal Reserve and rising coronavirus infection rates prompted investor concern. All three major indexes posted their biggest single-day declines since March 16.
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This is the PlayStation 5, coming in holiday 2020

The PlayStation 5 finally got its grand reveal on June 11. The new console is primarily white - a departure from the last three generations of black PlayStation consoles - and it comes in two versions.
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Aussie creatives share how you can help keep the industry afloat through the coronavirus pandemic

Despite the gradual ease of lockdown restrictions across Australia, with cafes and pubs reopening under strict new guidelines, the creative industries are still, for the most part, closed until further notice.

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