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10 things you need to know this morning in Australia

Sunday 16 August 2020

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10 things you need to know this morning in Australia

Good morning – hope you all had restful weekends.
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Australians have stockpiled at least $11 billion in cash, the RBA has revealed, as the economy shrinks more than it has in 'many decades'

The Reserve Bank of Australia has revealed a "paradoxical" surge in demand for cash during the coronavirus pandemic. While many Australians move to card transactions, the RBA has had to increase the cash in circulation from $83 billion to $94 billion due to increased demand for bank notes.
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Flight Centre says it has paid nearly $500 million in refunds in Australia – and there's more to come

Flight Centre has revealed how much money it has refunded to Australians whose flights were impacted by coronavirus-related travel restrictions.
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The government expects 27,000 Australians to eventually apply for HomeBuilder. A few weeks in, they've received 247 applications.

Treasury has revealed that several weeks into the HomeBuilder scheme, just 247 applications have been received. The government forecasts 27,000 Australians will eventually build or renovate their homes using the grants.
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Australian mining billionaire Twiggy Forrest has declared war on Google and Facebook, announcing plans to pour millions into some of tech's biggest critics

Andrew Forrest will provide $20 million in initial funding to establish a 'Global Tech Impact Network'. Run out of some of the globe's most prestigious universities, it will draw together and promote the work of Google and Facebook's most prominent critics.
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Take a look inside the Cloud House, the award-winning home in Melbourne which is shaped like – you guessed it – a cloud

The Cloud House is a house in Victoria which is shaped like – you guessed it – a cloud. It was designed by Victorian-based McBride Charles Ryan Architects and is an extension of an existing house in Fitzroy North.
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What is Amazon Prime Day? Here's everything you need to know.

Amazon Prime Day has cemented itself as a major, can't-be-missed retail sales holiday. With its competitive savings and breadth of deals, Prime Day is just one of the benefits Prime members can enjoy, and it has only grown bigger since debuting in 2015.
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New Zealand's reputation as the country that beat coronavirus is in doubt as the country records new outbreak

New Zealand is racing to contain a coronavirus outbreak in the city of Auckland, where 13 new cases on Sunday brought the country's total number of active cases to 69.
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A spectacular image reveals the electrical tentacles of red jellyfish sprite lightning in the skies above Texas

Sometimes during a thunderstorm, you can glimpse tentacles of jellyfish-shaped lightning drooping down from space. This phenomenon is called a red sprite - it's a type of electrical discharge that happens up to 50 miles into the atmosphere.
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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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