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10 things you need to know this morning in Australia

Tuesday 7 July 2020

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10 things you need to know this morning in Australia

Good morning – and, of course, commiserations and solidarity to our friends down in Melbourne.
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Melbourne will re-enter stage three lockdown for six weeks from Wednesday night. Here's what that means.

Melbourne and Mitchell Shire will re-enter stage three lockdowns from midnight on Wednesday night for six weeks. The stay-at-home order means people should not leave their homes except for four reasons: essential shopping, giving or receiving medical care, attending work if it cannot be done at home, and exercise.
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The RBA has kept interest rates on hold at 0.25%, as Australia's economy braces for the 'biggest contraction since the 1930s'

The Reserve Bank of Australia has kept the official cash rate on hold at 0.25%. It comes as the RBA has effectively exhausted its options, having bought $50 billion in bonds and slashed interest rates from 1.5% since last year.
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Afterpay's founders are headed for a $250 million pay day, as the company looks to potentially buy out its rivals

Afterpay has announced it will raise $800 million in a new round to fund its continued expansion. It will see co-founders Nick Molnar and Anthony Eisen sell down 2.05 million shares each, pocketing $250 million between them, as the stock price soars.
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TikTok's Australian boss rejects allegations it feeds data to the Chinese government, as the app faces increased scrutiny from local lawmakers

TikTok is facing increasing pressure in Australia, just one month after opening its first local office. This week, an unnamed federal MP called for the app to be banned, while Senator Jenny McAllister encouraged it to face the Select Committee on Foreign Interference Through Social Media.
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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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Penfolds lays claim to producing the most expensive bottle of Australian wine ever. Its chief winemaker explains what's behind its 176 years of success.

It has been 176 years since Aussie wine producer Penfolds was founded. A bottle of wine from the South Australian wine producer recently broke a record after it sold for $103,555.
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This new feature on LinkedIn lets you record your name so your contacts know how to pronounce it

LinkedIn has a new feature which lets you record your name so people know how to pronounce it. The feature is currently available on the LinkedIn Android and iOS app.
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US daily coronavirus cases have hit record highs 5 times in the last 12 days — this interactive chart tracks new cases each day

The US has broken records for daily coronavirus case counts five times in the last 12 days. Deaths have not surged, however, possibly because the virus is mostly spreading among young people. COVID-19 progresses over weeks, though, so death tolls may still start climbing.
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Aussie creatives who managed to stay afloat discuss how they did it and how you can help

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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