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10 things you need to know this morning in Australia

Thursday 19 November 2020

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Rising unemployment has hit 7% again – and it's 'better than we could have hoped for'

Australian unemployment rose to 7% in October despite 178,000 new jobs being created, due to more people looking for work. The latest ABS data rates as the biggest improvement in the labour market since the pandemic began, with more than half of all new positions being full-time ones.
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Australians are being lured into the property market again by record low interest rates – but the RBA insists there is no bubble

One in five Australians are looking to buy a property in the next 12 months, a new Finder survey shows. It comes as confidence returns to the market with the big banks expecting prices to stabilise and even grow into next year due to growing demand.
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Political staffers have made only a 'very small number' of bullying and harassment complaints to the government's workplace health and safety authority

The Australian government's work health and safety authority Comcare said that only a "very small number" of bullying and harassment complaints have been filed by staff working for federal politicians in the past five years.
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The ACT is set to be the most electric vehicle-friendly jurisdiction in Australia, offering interest-free loans and free rego

Pro-electric vehicle policies make up a major part of the Australian Capital Territory's new governing agreement signed earlier this month by the Labor and Greens parties.
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Jayne Hrdlicka has officially become the new CEO of Virgin Australia. Here's who she is – and why the unions didn't want to work with her.

Jayne Hrdlicka has become Virgin Australia's new CEO, as the airline finally emerges from administration under new owner Bain Capital. She replaces Paul Scurrah after reported disputes between him and Bain over the airlines future direction.
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Online second-hand fashion platforms are booming as younger, more conscious consumers flex their spending power

Sales have spiked across online second-hand fashion stores in Australia. According to a report from US platform Thredup, the resale market is tipped to surpass the traditional second-hand shopping and donation market by 2024.
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Rudy Giuliani's hair dye trickled down his face at a wild news conference where he quoted 'My Cousin Vinny' to support his claims about the election

Rudy Giuliani on Thursday gave a bizarre press conference in which he quoted "My Cousin Vinny," floated unfounded conspiracy theories, and claimed that President Donald Trump won an election that he decisively lost.
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How the coronavirus vaccine development compares to other shots in history

Vaccine research and development has improved massively throughout history. Nearly 200 years passed between the creation of the first successful vaccine and the eventual eradication of smallpox.
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What to consider when you're saving for a home and don't know where to start, according to an expert

This past week, CUA money expert Emmanuel Davatzis was the guest on a free hour-long finance session that broke down exactly what Australians should be doing to eventually buy a place of their own.

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