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10 things you need to know this morning in Australia

Sunday 7 March 2021

Business Outsider

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Australia is expected to be almost entirely cashless by 2024, as buy now, pay later platforms boom

Cash transactions in Australia are projected to fall to just 2.1% by 2024, according to payments giant FIS, which would rank it as the fourth most cashless country in the world.
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'Spend the same way you do overseas': Tourism Minister implores Aussies to live large in local cities with new ad blitz

Tourism Minister Dan Tehan told Australians to "dig deep" and resist the urge to be "stingy" when booking a domestic holiday at the Destination Australia conference held yesterday.
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'It's nothing short of scandalous': Judo Bank says the big four have abandoned Australian businesses, as it soars towards $3 billion in loans

Digital bank Judo has almost doubled the size of its loan book during the pandemic, as it nears $3 billion worth of lending. Releasing an update, the lender said it was filling in the 'scandalous' gap left by the major banks which had rejected more than a quarter of loan applications last year.
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Gig economy marketplace Fiverr is moving into offering long-term projects. Australian freelancers are being warned it could lead to a 'race to the bottom'.

Fiverr has introduced a subscription model in Australia, allowing businesses to work with freelancers on long-term projects. New options for three- or six-month projects differ from the individual gigs which freelancers already offer on the platform.
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For International Women's Day, executives share what rules business leaders should be breaking

Today is International Women's Day. We spoke to female executives to find out what rules they think should be broken in business. Executives at Employment Hero, Xero and Go Daddy shared their thoughts.
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I run 4 social media accounts for my business. Here are the free tools I use to automate the process and create valuable content.

Entrepreneur Jen Glantz says using a content calendar and automation tools and pre-planning posts helps her save time on social media management.
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Elon Musk teases a Tesla Cybertruck availability update as soon as April

The Tesla CEO said the company's latest electric vehicle depends on finishing a new factory near Austin, Texas, to house its assembly line.
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I made $1 million in passive income last year by creating online copywriting courses. Here's my advice on how to monetize your talents.

Copywriting expert Laura Belgray says developing a large email list following was key to her success in selling digital copywriting courses.
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How to consolidate credit card debt and keep your credit score healthy

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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