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10 things you need to know this morning in Australia

Thursday 24 September 2020

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10 things you need to know this morning in Australia

Hello folks, and a hearty TGIF to you all.
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The federal government is trying to overhaul bankruptcy laws as 240,000 small businesses face collapse

Treasurer Josh Frydenberg said the federal government is introducing "the most significant reforms of insolvency law in almost 30 years" in response to the pandemic.
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Qantas underpaid workers by misusing the JobKeeper scheme, the Federal Court has ruled

The Federal Court ruled against Qantas' interpretation of the JobKeeper wage subsidy program on Thursday. The arrangement the airline had been following paid workers less than they should have received, Justice Geoffrey Flick judged.
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Qantas is selling fully-stocked bar carts from its retired 747 fleet. Here's what's inside.

Qantas is selling bar carts from its retired 747 fleet. There will be 1000 carts up for sale, which include champagne, red and white wine and Qantas pyjamas.
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These are the top 10 startups in Australia, according to LinkedIn

LinkedIn has revealed its list of the top 10 Australian startups of 2020. It includes neobanks Volt Bank and Xinja, as well as HR software platform Employment Hero.
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This is how long it takes on average to save for a first home deposit in each Australian capital city

Domain has released data revealing how long it is taking the average first home buyer to save a 20% deposit. Timelines differ dramatically between markets, from less than two years to buy a Darwin apartment all the way up to six and a half years for a Sydney house.
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Westpac has copped a $1.3 billion fine for its money laundering scandal – the largest in Australian corporate history

Westpac has agreed to pay $1.3 billion to settle the AUSTRAC investigation into the bank. It comes after allegations emerged in November that it had violated anti-money and counter-terrorism financiang laws 23 million times and failed to prevent child epxloitation payments in South-East Asia.
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The 7 biggest announcements Amazon made at its Echo event, from a mini drone that can fly around your home to a cloud-gaming service

Amazon made a slew of announcements on Thursday, including a completely redesigned Echo lineup. Among the biggest reveals was the debut of Amazon Luna, a game-streaming service meant to go head-to-head with similar services from Google and Microsoft.
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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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How you can win a premium night at the Disney+ Drive-In that includes a VW SUV, personal concierge and front row seats.

To say our current way of living isn't normal would be an understatement. Due to COVID-19, we're limited when it comes to the activities we can actually do. Something like going to the movies isn't as simple as it used to be.

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