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10 things you need to know this morning in Australia

Monday 20 July 2020

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The government will give JobKeeper a facelift, extending it for six months but splitting it into two tiers

Millions of workers will keep receiving the JobKeeper wage subsidy until the end of March in a dramatic extension of the $70 billion program under a fresh eligibility test to ensure the payments go to those in genuine need.
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Calls for paid pandemic leave are growing after 80% of Victorian coronavirus cases were linked to the workplace

Victorian Premier Daniel Andrews has acknowledged 80% of the state's rising COVID-19 cases were transmitted in the workplace. It's provided more fuel for unions, which are calling for pandemic leave to be implemented nationally.
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One of Australia's only surgical-grade face mask producers says it is worried about Melbourne's compulsory mask rule, as it is already struggling to meet demand

Australian face mask producer Med-Con has expressed frustration following the Victorian government's announcement that masks are to be mandatory in Melbourne and Mitchell Shire.
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'A free for all': Australians have made 3.6 million requests to withdraw super early, according to new APRA figures

We're just past halfway on the government's superannuation early access scheme, and Australians have tried to withdraw $28 billion in total. Having almost eclipsed Treasury's initial estimates, with more than two months still left to run, it has been lambasted as a "free for all".
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Australia's banks are unlikely to recover their pre-coronavirus earnings, according to a new S&P report

Australian banks are unlikely to see a return to pre-COVID-era earnings with National Australia Bank the best placed to absorb the hit, according to a report from global credit ratings agency S&P Global Ratings.
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S&P 500 hits highest level since February as tech stocks spike

US stocks erased early losses and climbed on Monday as tech giants soared and investors cheered positive COVID-19 drug trial results. Tech mega-caps including Apple,Microsoft,Netflix, and Facebook all soared as investors continued crowding in popular stay-at-home trades.
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WHO: We can't give up on contact tracing, 'no matter how extremely difficult' it is to track the spread of the coronavirus

No matter how out-of-control the coronavirus pandemic has become, contact tracing remains a critical tool in controlling the spread, the WHO said Monday.
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Amazon's eero fixed the WiFi dead spot in my home in less than 10 minutes, but it's not cheap

A strong and reliable WiFi connection can tricky to achieve, particularly in large homes or those with thick concrete walls. WiFi extenders are essential for stretching a connection to every corner of a house, but for those not familiar with the technology, they can be difficult to setup. Hell, even as someone who's quite comfortable with all kinds of tech, I still find extenders to be a pain in the ass to set up correctly.
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How businesses can thrive through the chaos of 2020 according to Jim Collins, the author who wrote a book on uncertainty

Ahead of his virtual event on July 22, we thought it would be worth revisiting best-selling author Jim Collins' thoughts on the underlying traits that he believes can help any business thrive amid chaos -- a particularly apt topic given the shambles that is 2020.

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