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10 things you need to know this morning in Australia

Tuesday 17 November 2020

Business Outsider

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Pete Evans has faced backlash for posting a neo-Nazi symbol on social media. Here are all the companies which have dumped him since.

Celebrity chef and high-profile conspiracy theorist Pete Evans has faced an enormous backlash after posting a cartoon on social media featuring a neo-Nazi symbol.
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The NSW government has officially set its sights on phasing out stamp duty and replacing it with an annual land tax

The 2020-21 NSW State Budget includes a plan to phase out stamp duty in the state, giving homebuyers the option to pay an annual land tax instead.
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Robodebt was a policy fiasco with a human cost we have yet to fully appreciate

The Robodebt class action bought by Gordon Legal has been settled at a cost to the government of around $1.2 billion. According to federal Labor frontbencher Bill Shorten, this is the biggest class action in Australian legal history.
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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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Suncorp has set aside an additional $125 million for potential pandemic-related losses

General insurer Suncorp has put aside an additional $125 million for potential business interruption claims related to COVID-19 pending the outcome of a test case that will have widespread ramifications for the industry.
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Aussie travel platform Camplify is having its biggest year on record. This is how the 'Airbnb for caravans' works.

Domestic holidays are the only option for Australians right now, thanks to the COIVD-19 pandemic. Over 65,000 Aussies are expected to spend the Christmas break in a camper van on caravan, according to research by travel platform Camplify.
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After losing billions on WeWork investments, SoftBank CEO Masayoshi Son says he still loves and respects ousted founder Adam Neumann

Softbank CEO Masayoshi Son spoke at the New York Times DealBook Conference. Softbank reportedly invested over $US18 billion in WeWork. Despite ousting him, Son said he still respects and loves Neumann.
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Mark Zuckerberg and Jack Dorsey faced a barrage of questions from lawmakers over Facebook and Twitter's handling of the election

Facebook CEO Mark Zuckerberg and Twitter CEO Jack Dorsey testified before the Senate Judiciary Committee on Tuesday. During the hearing, lawmakers from both major political parties grilled the CEOs about decisions the platforms made around the US presidential election.
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This is what goes into making a luxury Hublot watch worth over $70,000

Since being patented well over a century ago in 1868, wristwatches have evolved to become far more than a time-telling necessity. As most of us casually glance at our phones, computers or screens to pinpoint the time of day, watches are now seen as a statement piece, status symbol or accessory just as much as they are a useful tool.

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