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10 things you need to know this morning in Australia

Tuesday 11 August 2020

Business Outsider

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Biden picks Kamala Harris, his former 2020 rival, to be his vice presidential running mate

After months of speculation, former Vice President Joe Biden tapped Sen. Kamala Harris of California to be his vice presidential running mate. The 55-year-old former California attorney general will be the first Black woman and first person of Indian descent to be nominated by either major party for vice president.
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Meet Kamala Harris, Joe Biden's pick for vice president

Former Vice President and presumptive Democratic nominee for President Joe Biden has picked Kamala Harris to join him on his ticket as his VP. Harris, a senator from California, was one of the many Democrats who had initially tossed their hats in the ring for president before bowing out in December 2019.
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'Recovery won't be possible until restrictions are eased': Victoria's lockdown is slamming the brakes on the country's jobs recovery

The latest payroll figures are 4.5% down on mid-March, showing a significant decline in work despite the $102 billion JobKeeper program. The fall has been concentrated in the hospitality, arts and recreation sectors, and hurt young women more than any other demographic.
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Some retailers receiving JobKeeper are earning higher profits and paying bigger dividends to shareholders

Retailers receiving millions of dollars in federal government wage subsidies from the emergency $102 billion JobKeeper program are earning higher profits and paying significantly increased dividends to shareholders.
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The Northern Territory's border will remain shut for at least 18 months, according to the chief minister

Northern Territory Chief Minister Michael Gunner says the territory's borders will remain shut for at least 18 months. People travelling to the NT from Sydney and Victoria are required to complete two weeks of quarantine at their own expense.
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'I was thinking about the future of fitness': Australian influencers are using subscription fitness apps to monetise their huge online followings

Australian fitness influencers have been releasing smartphone apps to monetise their large online followings. These apps usually offer custom exercise routines, recipes and other resources through a subscription model.
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Revolut, the $7.7 billion European unicorn, wants to become a financial 'super app' in Australia, allowing customers to trade stocks, gold, and crypto

Fintech Revolut finished its beta in Australia on Tuesday, as it commences the next stage of its development here. Long term, the $7.7 billion unicorn is looking to become a catch-all finance app, offering everything from stock and commodities trading to foreign exchange and a cryptocurrency wallet.
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The coronavirus pandemic gave fresh life to Hello Fresh — and the meal-delivery startup just raised its revenue growth guidance for the third time this year

German-based Hello Fresh has raised its guidance for the third time in 2020, citing 'strong habit formation' as customers get hooked on the service in quarantine and a lack of traditional summer vacations.
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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.

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