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10 things you need to know this morning in Australia

Monday 16 November 2020

Business Outsider

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Victoria will be home to a new vaccine manufacturing facility, as the government moves to protect Australia against future pandemics

A new vaccine manufacturing facility will be built in Victoria. The site will create influenza vaccines as well as anti-venom for snake and spider bites.
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Afterpay and other buy now pay later platforms will be forced to limit the types of customer they target under new regulations

Financial regulator ASIC has released its long-awaited report on the buy now, pay later sector. Under new regulations, platforms will have to identify their target market and regularly assess whether their products are appropriate for their users.
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Pete Evans' publisher says it is 'finalising' its relationship with the high-profile conspiracy theorist amid his increasingly extreme social media posts

After publishing 15 books by Pete Evans, Pan Macmillan put out a statement distancing itself from the conspiracy theorist and celebrity chef after he published a cartoon featuring a neo-Nazi symbol on Sunday evening
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Australia's top universities for graduate employment rates are a long way from the capital cities

Regional universities in Australia have seen an uptick in full-time employment rates among their undergraduates. While most universities saw a drop in employment rates, three regional universities bucked the trend, including The University of Southern Queensland, University of New England and Southern Cross University.
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Nestlé has announced that Red Skins and Chicos will now be named Red Rippers and Cheekies

Nestlé has announced the new names for Red Skins and Chicos, which will now be named Red Rippers and Cheekies. The company announced the names would be changed back in June, following sustained pressure from customers and activists who said the old names were racially insensitive.
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Dow posts first record close since February as Moderna vaccine data spurs optimism

US equities soared on Monday after Moderna's encouraging vaccine update lifted hopes for a complete economic recovery. The Dow Jones industrial average and S&P 500 finished the day at all-time high levels. It marks the Dow's first record close since February.
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Airbnb publicly reveals its IPO filing, giving investors their first look at the travel giant's finances as it tries to outrun the pandemic

Airbnb publicly revealed its initial public offering documents on Monday, reporting $US2.52 billion in revenue for the first nine months of 2020 and a net loss of $US696.9 million during the same period.
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Gen Z is set to take over the economy in a decade, despite potentially losing $10 trillion in earnings because of the pandemic

Gen Z is set to take over the economy in the next decade, according to a Bank of America Research report called "OK Zoomer: Gen Z Primer." By 2030, Gen Z's income will reach $US33 trillion and surpass that of millennials in 2031.
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From Skillshare to Udemy, these online platforms can help you develop new marketable skills

Upskilling is a great way to enhance your skillset and prepare you for any potential changes in your career. We rounded out a list of online platforms you can use to upskill.
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Get ready for 2021 with this free virtual summit to help businesses adapt

It's impossible to predict what 2021 could throw at us after the year we've all had. Fortunately, Aussie tech giant SafetyCulture is doing their bit to help businesses of all sizes prepare for whatever challenges may lie ahead.

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