10 things you need to know this morning in Australia

Hello! It's Wednesday! We've made it to mid-week!

The RBA has kept the interest rate on hold at 0.1%, but says unemployment has become a 'national priority'

The official cash rate remains frozen at 0.1%, the Reserve Bank of Australia has announced. The RBA said that while Australia's recovery is better than expected, the labour market is expected to worsen further still.

Neobank Douugh is set to launch a 'responsible' buy now, pay later platform – and it used the announcement to take a swipe at Afterpay

ASX-listed neobank Douugh will launch a buy now, pay later service called 'Credit Jar' in partnership with Humm. The interest-free product will offer up to $1,000 credit, with purchases paid off in six weekly instalments.

Western Australia will open to travellers from NSW and Victoria from December 8

Western Australia will open to travellers from NSW and Victoria from Tuesday, December 8. This leaves South Australia as the only jurisdiction in Australia which cannot travel to Western Australia.

Australian property prices are tipped to break record highs by February, as the market shrugs off the pandemic

Property prices are rising in every major Australian market, growing by 0.8% nationally. If they maintain the current pace, CoreLogic head of research Tim Lawless said new records will be set by early next year.

Uber rival Ola has slashed most of its local operations – leading to suggestions it may leave Australia

Uber rival Ola says it still has a future in Australia despite the ride sharing company closing most of its local operations and making most of its local staff redundant.

Salesforce is buying workplace messaging app Slack for $27.7 billion in its biggest deal ever

Salesforce is buying the workplace messaging app Slack for $US27.7 billion, it announced on Tuesday. The deal is Salesforce's largest acquisition ever and represents a more aggressive foray into office communication technology at a time when remote work has made chat and collaboration tools more essential than ever.

The bizarre case of Elon Musk and the Tesla whistleblower has closed, but questions about millions of dollars wasted at the Gigafactory remain

Tesla quietly settled its suit against whistleblower Martin Tripp. Tesla didn't get the $US167 million in damages it sued for, instead, Tripp will pay $US400,000.

A low-fat, high-carb vegan diet could speed up your metabolism and boost weight loss, a new study says

A low-fat, vegan diet could help with weight loss by speeding up metabolism and naturally reducing calorie intake, according to a new study. Researchers found that participants on the diet burned 14% more calories after meals, since the high-carb, high-fibre meals took more energy to digest.

Should you bother to invest with $5,000 or less? 3 important questions to ask yourself

With interest rates at record lows, money sitting idly in a bank account probably won't go very far. While not everyone is keen on the idea of investing hard-earned savings, it could be a good option for those wanting to grow their balance over the long term.

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