View this email via your browser

10 things you need to know this morning in Australia Hello gang, and TGIF.

Australian unemployment will soar to 9.25%, the government forecasts, as the country grapples with the coronavirus crisis The government will amass more than $184 billion in debt as it tries to combat the economic impacts of the coronavirus crisis. Providing its budget update on Thursday, the Treasury claimed support measures had saved 700,000 jobs but that it had been unable to stop almost 900,000 layoffs.

The government is extending its early super withdrawal scheme until December The federal government has extended the early access to superannuation scheme as part of its budget update. Australians will as a result have until 30 December to withdraw up to $10,000 for the first or second time.

Australian property prices are in freefall, as the coronavirus puts last year's recovery into reverse gear Property prices continue to decline, with national falls of around 2% over the three months to July. More than $30,000 was wiped off Melbourne house prices, while apartments nationwide dropped lower.

UNSW will launch a world-first undergraduate degree in quantum engineering The University of New South Wales (UNSW) is offering a world first undergraduate degree in quantum engineering. Students in the Bachelor of Quantum Engineering (Honours) will learn about advanced electronics and telecommunication engineering, specialising in ways to design and control quantum systems.

This home in Western Australia is built out of 9 shipping containers. Take a look inside. The Kaloorup Shipping Container home is located in Western Australia. Owner and builder Steve Hick told Business Insider Australia it is around 370 square metres.

US records its 4 millionth coronavirus case only 2 weeks after hitting 3 million The US surpassed 4 million coronavirus cases on Thursday. It hit 3 million cases on July 8, a little over two weeks ago. It's not just the rate of infections that are rising, this week the US recorded its highest death rates.

'Avatar 2,' which had an original 2014 release, has been delayed again due to the coronavirus pandemic "Avatar 2" has been delayed again to December 16, 2022. In a letter to fans, director James Cameron explained that the ongoing coronavirus pandemic is preventing them from completing the film on track.

Intel's stock plunges 10% after the tech giant said production problems will delay its new chips Intel's shares tanked 10% late Thursday after the chip giant announced that production problems have delayed the rollout of its next generation chips.

How studying online can reduce costs and avoid assessment deadlines There are upsides to revisiting uni when you're further along in life. For one, you'll likely have a clearer direction than you did fresh out of high school, and people who continue their studies after being in the workforce tend to have an actual goal in mind.

Business Insider Australia © 2020 Pedestrian Group Unsubscribe • Email to a Friend • Privacy Policy