10 things you need to know this morning in Australia

Good morning, folks.

'We are not running a blank cheque budget': Scott Morrison has poured cold water on the idea of further economic support, and indicated there will be future spending cuts

Prime Minister Scott Morrison has told Australians they will eventually pay the price for record spending in the wake of COVID-19. The Morrison government has suggested budget repair would begin once unemployment falls to 6%, currently expected before the 2023-24 financial year, and will likely involve a mix of spending cuts and taxes.

Gig economy workers would receive at least minimum wage under a planned policy proposal from the Labor Party

The Federal Opposition has forecast an industrial relations policy proposal which could ensure workers in the gig economy can access to basic conditions offered to full-time employees.

Australian super funds are quietly divesting from fossil fuels – but activists say they should convince companies to do better instead

Some of Australia's largest super funds, including HESTA and Aware Super, are divesting from fossil fuels and committing to 2050 net-zero targets.

'Your business could be ruined in 24 hours': The Australian sex industry says a new law could force them off the internet

Australia's adult industry peak body has criticised a proposed federal law that would force hosts and social media platforms to take down sexually explicit content.

Every Australian will be offered COVID-19 vaccination by October, according to Scott Morrison – but international border closures will likely remain

All Australians will be offered the opportunity to receive a COVID-19 vaccination in 2021, according to Prime Minister Scott Morrison. The first shots are expected in a "few week's time", but a precise start date is yet to be announced.

Social media makes living in a camper van look like the simple life. The reality is a lot more complicated.

I took a short trip in a camper van one weekend and realised the van life hashtag isn't accurate. Dan Lin moved into a van in 2008. He said photos of van life on social media don't reflect reality.

Robinhood raises additional $2.4 billion as app continues to deal with Reddit-trader frenzy

Robinhood raised another $US2.4 billion of capital on Monday, days after getting $US1 billion from investors. The now-$US3.4 billion capital raise comes as the trading app aims to meet demands from retail traders buying and selling highly volatile stocks.

Silver miners soar as Reddit traders pile into the precious metal

Silver miners First Majestic Silver, Pan American Silver, Wheaton Precious Metals, and more are all rising on Monday. The Silver spot price jumped 11% Monday morning before paring gains.

How to avoid credit card debt and why having a healthy credit score is important

In the final instalment of The Finance Glow Up, a free online seminar made in partnership with financial provider CUA, Laura Byrne, creator and host of the Life Uncut podcast and ToniMay creative director, and Emmanuel Davatzis, one of CUA's money experts, discussed the topic of financial stability.

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