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10 things you need to know this morning in Australia

Monday 8 February 2021

Business Outsider

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Property auctions are running hot, with 4 in 5 homes getting snapped up over the weekend

Momentum in the Australian property market appears to be building as preliminary auction clearance rates surpassed 83% over the weekend. While the final figures will come in lower – Sydney and Melbourne are expected to finish at 84% and 73% respectively – it indicates strong demand could continue to squeeze a tight market.
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Food delivery apps urged to crack down on 'unrealistic' delivery times and rider fatigue in NSW draft safety guidelines

Food delivery platforms have been urged to ensure the safety of their riders in draft SafeWork NSW guidelines, according to the ABC. Gig economy giants should avoid setting "unrealistic" delivery times and bar riders from working more than 12 hours at a time.
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'Death sentence': Australian businesses damaged during lockdowns could face another hit if Google Search leaves, analysts say

Local businesses damaged during the coronavirus pandemic would likely struggle if Google Search left Australia, analysts warn. IBISWorld says restaurants, hairdressers, and some tourist accomodation could lose the ability to reach local customers through ads placed on Google Search.
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'Thrown on the scrap heap': Victoria's live events industry predicts a curtain call for businesses if JobKeeper ends as planned on March 28

A Victorian live industry group claims four out of five businesses in the sector will be severely impacted if JobKeeper ends as scheduled on March 28.
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Bitcoin spikes 13% to record high after Tesla says it invested $1.5 billion in the cryptocurrency and will begin accepting it as payment

Bitcoin jumped 13% to all-time highs of $US43,725.51 on Monday. The surge higher comes after Tesla disclosed in a SEC filing on Monday that it purchased $US1.5 billion of bitcoin.
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Reddit's CEO said r/WallStreetBets — the forum cheering GameStop's unlikely rally — demonstrates the power of 'everyday people' over institutional investors

Reddit CEO Steve Huffman backed r/wallstreetbets in an interview with The Wall Street Journal. The Reddit forum cheered a trading frenzy over GameStop's share price in late January.
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A $28,000 tiny home can be unfolded from the box it's delivered in by 2 people in 3 hours and is meant to be moved around

Brette Haus makes foldable tiny homes. These come in a box and can be unfolded and set up in less than three hours by two people They're made using a "patented hinge system" that allows the homes to be relocated 100 times.
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25 unique gifts that both dogs and their humans will love

We've rounded up the most unique, thoughtful gifts for dog lovers and, of course, their dogs. For devoted dog parents, there are personalised dog socks and custom dog portraits.
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These are the most important work skills to have in 2021, according to a careers expert

Whether you've just begun the transition from school to a career, or you've been in the workforce for years, ensuring you acquire and maintain essential skills is crucial for career progression and growth.

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