The Australian dollar climbed higher this week to buy more than 74 US cents, hitting a 28-month high. It runs counter to what the Reserve Bank of Australia (RBA) is trying to do, suppressing the dollar below the 70 cent mark, in order to boost Australian exports.
Qantas is seeing a rise in its domestic capacity as more Australians book flights. Domestic capacity has reached 68% of pre-COVID levels. In the 72 hours after Queensland announced the reopening of its border to New South Wales and Victoria, more than 200,000 flight tickets were sold across Qantas and Jetstar.
Afterpay has revealed it processed more than $US2.1 billion in sales in November alone. It comes on the back of the Black Friday and Cyber Monday sales, which saw US sales more than double and overtake Afterpay's home market of Australia for the first time.
Australian gambling company Tabcorp pled guilty to an illegal gambling advertising offence for campaign run on Instagram Stories in 2019. In December last year, the company ran advertisements that 'inadvertently' included former customers in NSW, encouraging them to place bonus bet through the gambling platform.
Screen Australia is funding a web series exclusively for TikTok, in a first for the funding body. The series, called "Scattered", was co-created by Logan Mucha and Kate Darrigan and begins filming in February.
Uber sees the potential for electric vehicles in Australia but raised concerns about the potential EV tax being proposed. Uber's APAC mobility chief Pradeep Parameswaran told Business Australia the tax could be a "challenging barrier" for EVs.
On Wednesday, the US recorded 2,804 coronavirus deaths, marking a new single-day high, according to Johns Hopkins University. More than 273,000 COVID-19 deaths have been reported in the US, which is closing in on 14 million confirmed cases.
Warner Bros. announced on Thursday that all of its 2021 theatrical movies would debut on HBO Max the same day they hit theatres. The movies include "The Suicide Squad," "Godzilla vs. Kong," and "The Matrix 4."
To lower the chances of spreading or contracting COVID-19, self-isolating where possible has been encouraged. However, it's understood that there are some scenarios where one needs to travel from one place to another, like heading from home to work.
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