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10 things you need to know this morning in Australia

Wednesday 24 June 2020

Business Outsider

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10 things you need to know this morning in Australia

Good morning folks. A lot going on this morning – including massive job cuts at Qantas. Let's dig in.
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Qantas announces it will sack 6000 workers as coronavirus devastates the travel industry

Qantas is letting go of thousands of workers as the airline struggles through the coronavirus pandemic. In a statement to the ASX, Qantas Group CEO Alan Joyce said the coronavirus pandemic hit the airline "very hard", with the impact to be "felt for a long time".
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Some Australians have been trying to use their early super withdrawals to get onto the property ladder, mortgage brokers say

The Morrison government's flawed early access to super scheme has been exploited by some Australians vying to buy a home. While intended to allow Australians to withdraw $10,000 of retirement savings to survive financial hardship caused by COVID-19, some are using it to get onto the property ladder.
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Woolworths and Coles are bringing back purchase restrictions in Victoria, following 'significantly' elevated demand

Woolworths and Coles have reintroduced purchase restrictions in Victoria. The announcement comes following a spike in COVID-19 infections in the state.
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The ABC will cut 250 jobs as part of its 5-year plan, and will discontinue the ABC Life and Comedy brands

The ABC announced its five-year plan for the company, which includes about 250 job cuts. The national broadcaster is changing ABC Life into ABC Local and focusing on digital services.
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Australian trading platform Stake hits 100,000 users as investors eye Wall Street, but its CEO thinks it hasn't even 'scratched the surface' yet

Local trading app Stake has hit 100,000 users as Australians leap into the sharemarket with both feet. The Wall Street-focused platform is now expanding to New Zealand, Brazil and the UK with a view to move into Europe as well.
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Victoria reported 20 new coronavirus cases and 1 death on Wednesday, as the state slams the brakes on its reopening

Victoria reported 20 new cases of COVID-19 on Wednesday, and one death. The news comes as the state eases its reopening effort due to the continued growth in cases.
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Apple gives in: iPhone and iPad users can finally change their default mail app and web browser this fall

Apple is finally giving in and letting iPhone users change their default web browser and mail app. The change is coming in the next version of the iPhone operating system, iOS 14, and will allow iPhone users to swap Safari for Chrome and Mail for Gmail (among other options).
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8 things you should never do in an IKEA, according to employees

Insider spoke to former and current employees about things customers should never do in an IKEA. Bringing food or drinks into the furniture area is frowned upon, and if you have wrappers or trash make sure to throw them away in the provided bins.
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BMW Group Australia CEO Vikram Pawah says the government could do more to support the electric vehicle industry

Only 16% of Australians believe they are adequately informed about electric vehicles. BMW Group Australia CEO Vikram Pawah says the industry as a whole is keen to see more government support in the space.

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