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10 things you need to know this morning in Australia

Sunday 14 March 2021

Business Outsider

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Virgin records a 40% jump in bookings as discounted ticket start flooding the Australian market

Virgin Australia CEO Jayne Hrdlicka says bookings are already up 40% on the back of a flight sales. Virgin and Qantas are both running sales ahead of the federal government's tourism package, that will subsidise 50% of the price of 800,000 tickets available from April 1.
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Hollywood productions have set up shop in Australia thanks to the pandemic. Now, government and industry want to entice them to stick around.

Dozens of international projects have decamped to Australia, lured by tax breaks and Covid-free production opportunities while the rest of the world's studios remain shuttered.
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More than 430,000 Australians started trading last year. One expert says the trend is driven by our gambling culture and government stimulus money.

435,000 Australians became new traders in 2020 according to new data from Investment Trends. Driving the enormous uptake into retail investing is Australia's gambling culture and the surplus of government money available, RMIT lecturer Angel Zhong said.
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Poshmark is Australia's latest 'social marketplace', a growing sector which wants to change how young shoppers buy and sell online

Social marketplace Poshmark has launched in Australia, offering local shoppers another alternative to established platforms like eBay. Social marketplaces like Poshmark and Depop have accumulated millions of users in a decade of existence, promising a new approach to online secondhand shopping.
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NFTs could be the future of collecting - or a huge bubble. We talked to 3 experts about the risks to consider before buying in.

NFTs are volatile and difficult to trade. Plus, many collectors don't understand exactly what they're buying, experts said.
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The WHO says countries should keep using AstraZeneca's COVID-19 vaccine as it investigates reports of blood clots

Multiple countries have paused their use of AstraZeneca's COVID-19 vaccine as they investigate cases of blood clots developing in vaccinated people.
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Bitcoin's surge beyond $60,000 means that famed programmer Laszlo Hanyecz effectively paid $613 million for two pizzas

Laszlo Hanyecz paid 10,000 bitcoin for pizzas in 2010. Now that bitcoin has reached a record-breaking price of $60,000, he effectively paid $613 million.
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SpaceX launches Falcon 9 rocket booster for a record-breaking 9th time

SpaceX propels Falcon 9 booster for the ninth time, delivering to orbit a payload of Starlink satellites.
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