10 things you need to know this morning in Australia

Good morning.

Australian banks are preparing for more than $7 billion worth of deferred loans to turn bad

Australia's largest banks have put aside more than $7 billion in bad loan provisions related to COVID-19. With Australia holding some of the highest household debt in the world, a sudden and sharp recession is expected to diminish borrowers' ability to repay their debts.

Aussie fintech Airwallex has raised another $56 million as it eyes expansion in the US, Middle East and Africa

Airwallex nabbed an additional US$40 million ($56 million) in an extended series D funding round, taking its total funding in the round to US$200 million ($282 million).

Netflix has commissioned its first Australian original documentary – a deep dive on the almost-alien creatures that call the Great Barrier Reef home

Netflix has commissioned its first Austrlaian original docmentary, "Microworlds: Reef". The documenrary is set in The Great Barrier Reef and gives viewers a peek into the world of the reef's tiny inhabitants.

Dan Murphy's announces pre-orders for cult hard seltzer brand White Claw after reporting a 798% surge in searches on its website

Dan Murphy's is the first Aussie retailer that will let you pre-order the hit seltzer brand White Claw. White Claw Hard Seltzer gained popularity in the US after launching there in 2016, and it will soon be available in Australia.

What is a neobank – and what are they offering in Australia?

Neobanks, or digital banks, became a possibility in Australia in 2018 after a change in legislation opened the floodgates. Since late 2019, a wave of digital banks have arrived in Australia, seeing competition in banking heat up for the first time in decades.

The global coronavirus death toll has officially reached 1 million — although experts believe the actual death toll is much higher

The global coronavirus death toll has officially surpassed 1 million. But experts believe that because of underreporting in several countries, the actual death toll is much higher.

I had to teach my NYU psych class to 360 students from a cell phone while trapped in an elevator with my kids. It went surprisingly well.

Jay Van Bavel is a professor of psychology and neuroscience at New York University, which is currently following a hybrid learning model with both in-person classes and virtual instruction.

Tell us how you feel about love and dating during COVID-19 for the chance to win a $500 Uber Eats voucher

Hello folks, it's us again. It's no secret that love and dating have changed somewhat in 2020. Not only are our lives increasingly digital, but we've also been hit with a pandemic which complicates the very concept of being near other people.

How to identify productivity pitfalls, and how to avoid them in the future

As workplaces continue to mutate into a mixture of designated buildings and makeshift home offices, productivity has become increasingly difficult to monitor as the focus shifts away from simple benchmarks such as hours logged.

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