View this email via your browser

10 things you need to know this morning in Australia Good morning team. It's Thursday, or as I like to call it: Friday's Friday.

Australia has secured 10 million doses of the promising Pfizer COVID-19 vaccine. Here's why one expert thinks it'll be a while until most people can get the shot. One of Australia's leading microbiologists says that the Pfizer vaccine trial success is an important "proof of concept", but a widespread rollout of a vaccine remains years away.

Australians are feeling the most positive about the property market since 2013, expecting prices to rise despite job fears Australians are expecting property prices to continue rising strongly, as consumer confidence soars. The Westpac Consumer Confidence Index hit its highest level since November 2013, helped by a strong rise in property sentiment.

The 2021 World's Best Cities list is out and these 5 Aussie cities made the cut The 2021 World's Best Cities list has been released, with five Aussie capitals among the contenders. These included Sydney, Melbourne and Brisbane.

The Commonwealth Bank has slashed the number of customers reliant on loan deferrals by two thirds The Commonwealth Bank took a 16% hit in its quarterly results, as it posted strong lending growth. Australia's biggest bank slashed its loan deferral numbers, reducing frozen mortgages by two-third and business deferrals by 95%.

'Our customers are hardcore': Vollebak is aiming to be the Tesla of fashion, creating clothes fit for the toughest places on Earth and in space Vollebak is a British label which claims to make 'the clothes of the future'. With experience in extreme sports, founders and twin brothers Nick and Steve Tidball set out to create clothes that could survive the harshest conditions on earth and beyond.

Perth startup ReddyRide wants to be the Uber of carpooling, allowing riders to join drivers on their commute Perth carpooling startup ReddyRide has entered an expression of interest phase with equity crowdfunding platform Birchall. The app plans to help drivers offset the cost of their morning commute by picking up other passengers along the way.

Kodak admits an internal error allowed former executives to make more than $5 million selling stock options they never owned Former Eastman Kodak executives sold about $US5.1 million in stock options they didn't own due to faulty company controls, the company said. Five former employees exercised roughly 300,000 in stock options that they only received through "inadequate" controls and "unauthorised issuance," chief financial officer David Bullwinkle said in a Tuesday earnings call.

What is liquidity? How easily you can sell an asset for cash — here's when and why it matters to your finances Liquidity refers to how much cash is readily available, or how quickly something can be converted to cash. Market liquidity applies to how easy it is to sell an investment - how big and constant a market there is for it.

Know your strategy: A buyer's agent answers the top questions about buying property right now Australian home lending is picking up again as both owner-occupiers and investors look to buy, according to the latest ABS figures. While the pandemic was expected to hurt property prices, the market has largely proven resillent.

Business Insider Australia © 2020 Pedestrian Group Unsubscribe • Email to a Friend • Privacy Policy