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10 things you need to know this morning in Australia

Tuesday 30 March 2021

Business Outsider

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The financial regulator has publicly revealed what it will take for it to step into the red hot property market

The Australian Prudential Regulation Authority (APRA) has named the four key indicators it is watching as the property market heats up. Wayne Byres, chair of the regulator principally concerned with lending, admitted "household debts are undeniably high" but maintained growth wasn't yet unsustainable.
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'Devastating blow': Queensland's tourism industry 'at the end of the line' as Brisbane lockdowns crush campaigns encouraging interstate travel

The Brisbane lockdowns will be a "devastating blow" for Queensland's tourism industry, chief executive of the Queensland Tourism Industry Council Daniel Gschwind told Business Insider Australia.
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NSW is letting commuters pay for Ubers, Lime bikes, taxis and ferries with their digital Opal card in a new trial

The NSW Government is letting 10,000 digital Opal card users pay for Ubers, bike-sharing, taxis and ferries in a new trial. Commuters who use their Opal card to pay for public transport and one other mode of transport will get a $3 credit.
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More than half a million Australians have been vaccinated against COVID-19 – but the rollout is still 3.5 million doses behind the original March target

Australia's COVID-19 vaccine program has administered 541,761 doses as of Sunday, the Department of Health states. That's well short of Australia's initial goal of 4 million vaccinations by the end of the month.
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A cult US fashion brand is the latest to be called out for misrepresenting its sustainability practices. Here's why this keeps happening, according to an expert.

The CEO of cult US fashion brand Doen went live on Instagram over the weekend to address criticism it misrepresented its sustainability practices and ethical practices.
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Melbourne CBD offices were just 35% occupied in March, as the property lobby concedes remote work is 'here to stay'

Just 35% of Melbourne CBD offices were occupied in March, the Property Council of Australia (PCA) says. Worker preferences for flexibility are keeping office occupancy suppressed nationwide, the organisation said.
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Germany has suspended the use of the AstraZeneca vaccine for anyone under 60

The AstraZeneca vaccine will not be administered to those under 60 in Germany, health officials announced.
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The mysterious buyers of Beeple's $69 million crypto art piece revealed their real names: 'these pseudonyms were never meant to be masks'

Crypto investors Vignesh Sundareson and Anand Venkateswaran were previously known only by their online usernames @metakovan and @twobadour.
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How a Victorian social enterprise that runs hospitality training for refugee and migrant youth survived 2020

Most people would agree that 2020 was a tough year. But for anyone who runs a hospitality business, particularly in Victoria, to say it was simply "tough" is an understatement. One person who has intimate experience with these challenges is Hannah Brennan.

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