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10 things you need to know this morning in Australia

Monday 6 July 2020

Business Outsider

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The NSW-Victoria border will close from midnight on Tuesday due to the ongoing COVID-19 outbreak in Victoria

The NSW-Victoria border will close from midnight on Tuesday night for the first time in a century, as COVID-19 cases in Victoria continue to swell.
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Jacinda Ardern says New Zealand 'can't risk' a travel bubble with Australia just yet, as Victoria's COVID-19 outbreak continues

New Zealand Prime Minister Jacinda Ardern indicated on Monday that the latest spike of COVID-19 cases in Victoria could delay a travel bubble between the country and Australia.
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E-scooters have proven to be a successful experiment in Darwin – but their legal status across Australia remains complex

E-scooters have as been hailed as "essential" to Darwin's economic recovery by the city's council. It comes as different Australia's cities grapple with how to adapt to COVID-19.
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Here are the 12 things you need when you're pitching to investors, according to Stone & Chalk's new capital raising guide

Stone & Chalk released a guide to capital raising for startups. The guide was developed in partnership with companies including venture capitalists Airtree and NAB Ventures, as well as the ASX.
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'It's never too early': Venture capital firms on the best time – and best way – to reach out for funding

Stone & Chalk released its free 42-page capital raising guide for startups this month. As part of the launch, the company held a panel discussion with members from venture capital firms on the investing process.
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Australia could lose $100 billion if it is unable to prevent a second wave, economists at Deloitte warn

The cost of a second wave of COVID-19 infections has been put at $100 billion by Deloitte economists. Describing a potential resurgence as "a disaster", Deloitte Access Economics partner Chris Richardson forecast that even without one the economy would struggle to recover.
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Uber and Lyft rev up switch to electric vehicles overseas, but industry warns Australia is being left behind

International ride-share giant Lyft has pledged to make 100 per cent of its trips in electric cars by 2030, but the transition is slower for local operators who are struggling to rebound from the coronavirus pandemic.
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This bottle of Penfolds Grange sold for a record $103,000 – the highest price ever paid for an Australian wine

A 1951 Penfolds Bin 1 Grange wine has sold for a record price at auction. It went to a Melbourne buyer for more than $103,000 – the highest price ever for a bottle of Australian wine.
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T2, CUA, Patagonia and Kickstarter have all achieved success off social good – here's how their strategy works

In 2020, it's becoming clear that the priorities of large businesses have shifted immensely. More than ever, businesses are making an effort to break the status-quo by using profits to foster their consumer community for the greater good, becoming leaders in their fields in the process.

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