10 things you need to know this morning in Australia

Morning, folks.

The superannuation early access scheme has been a target for scammers, criminals, and fraudsters, ASIC says

The financial regulator ASIC has revealed the full extent to which the early access to superannuation scheme has been targeted by criminals. Responding to a parliamentary committee, ASIC disclosed that eight different authorities have referred superannuation scams.

Unemployed Australians owe billions of dollars on their mortgages. As the job market worsens, it's uncertain when they'll be able to pay it back.

The Commonwealth Bank reported its full financial year figures on Wednesday, revealing a broader picture of the Australian mortgage market. According to CBA's figures, 8% of mortgages, amounting to $48 billion, have been frozen alongside 15% of business loans.

Toll road giant Transurban revealed a $111 million annual loss – but says predictions of a longterm shift to working from home are overblown

Melbourne's return to a hard lockdown has thrown back the recovery of traffic on Transurban's toll roads, but the company says predictions COVID-19 will bring on a lasting shift to people working from home are overblown.

Facebook and Snap both reportedly inquired about acquiring TikTok rival Dubsmash

As TikTok's future in the US remains uncertain, short-form video-making apps and formats have emerged as competitors eager to attract some of TikTok's 100 million monthly US users.

Airbnb's revenue reportedly plunged 67% in the second quarter as COVID-19 wreaks havoc on its business

Airbnb's revenue plummeted 67% in the second quarter compared to the same period last year, according to Bloomberg. The steep drop-off is a reflection of the impact of COVID-19, which has restricted travel across the globe.

A giant oil company is building the world's largest plant that turns vegetable oil and grease into fuel — yet another sign of rising demand for cleaner gasoline

Phillips 66 is converting a crude oil refinery in California into the world's largest renewable fuels plant, the company said Wednesday. The plant will turn used cooking oil, fats, greases, and soybean oil into diesel, gasoline, and jet fuel for the California market, which has a low-carbon-fuel standard.

A self-taught designer turned a dated Palm Springs home into something that looks straight out of Santorini, Greece — take a look inside

A Palm Springs home that looks like it belongs in Santorini, Greece, has sold for $US2.65 million after three months on the market. Known as The Santorini House, it is one of just four homes designed by avant-garde architect William Nicholson, according to the home's previous owner Dan Valentino.

Improve your dad's golf game with these Father's Day gift suggestions

Get your golf-obsessed dad a great gift this Father's Day. We rounded up a collection of gift ideas that will appeal to any level of golfer, from novice to the golf obsessed.

Tell us what you think about these small business operations for your chance to win a $250 Westfield gift card

Selecting the services needed to keep a small business operating can be a difficult task. From choosing an internet provider to a payroll service, business owners are faced with a multitude of decisions and, during the current pandemic, ensuring these selections are cost-efficient and streamlined is a huge priority.

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