10 things you need to know this morning in Australia

Good morning all, and TGIF.

Australia is taking China to the World Trade Organisation over its intensifying trade war. Here's what you need to know.

The World Trade Organisation (WTO) could soon rule on Australia's long-running trade dispute with China. Months on from China's introduction of substantial tariffs on a range of Australian exports, Australia is formally requesting a review.

Atlassian says its employees only need to come into the office 4 times a year under its new 'Team Anywhere' policy

Atlassian has announced its global staff of 5,700 will be allowed to work from anywhere in the world, in a new policy announced in advance of its annual summit.

'There's still a lot of uncertainty left': The CEOs of Slack, Zoom and Atlassian have outlined their concerns over the work-from-home revolution

Zoom CEO Eric Yuan ceded even he can become tired of Zoom calls, highlighting how firms at the forefront of the hybrid work revolution are still establishing best practices.

The median Sydney house price has grown by $100,000 in just 3 months, as records are broken all over the country

The first three months of 2021 saw Australia's property market break a huge number of records, according to the latest Domain data. Nationally house and unit prices are at all-time highs, as are houses in Perth and Adelaide, and units in Melbourne.

The University of Queensland could develop mRNA vaccines 'within months' after a $2.2 million Federal Government investment

A new University of Queensland facility could develop mRNA vaccines "within months", potentially bolstering Australia's fight against the COVID-19 pandemic.

Uber will halve its service rates for EVs, pitting the global ride-sharing service against Australia's lagging state and federal governments

Uber has announced it will halve the service rate for EV drivers in Australia to help promote the uptake of electric vehicles.

Woolworths axes plans for huge new Dan Murphy's store in Darwin after review finds it did not sufficiently consult Indigenous stakeholders

Woolworths will axe its plans to build the Darwin's largest Dan Murphy's store within walking distance of the city's biggest Aboriginal community in Bagot.

Amazon delivers a huge earnings beat heading into Jeff Bezos' final quarter as CEO

Amazon reported $108.52 billion in sales and issued a rosy outlook for the upcoming quarter amid the vaccine rollout and economic recovery.

How technology helped a Victorian refugee and migrant youth not-for-profit survive 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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10 things you need to know this morning in Australia

Good morning!

Job vacancies on Indeed are 43.1% higher than they were before the pandemic, as the economic recovery continues

Australia appears to have pushed through the end of JobKeeper as jobs continue to grow unabated. Exclusive data from Indeed shows the number of advertised positions kept on soaring throughout April and are now 43.1% higher than they were prior to the pandemic.

There are just 3,170 deferred mortgages remaining with Australia's largest lenders. Banks say the worst is now over.

The Australian economy appears to have undergone an "impressive recovery" after hundreds of thousands of loan deferrals were finalised. New figures released by the Australian Banking Association (ABA) shows less than 5,000 loan deferrals remain outstanding across Australian businesses and households.

Sydney remains one of the cheapest 'gateways' to the West for Chinese investors, as the federal government woos overseas investment

Sydney has ranked as one of the most affordable 'gateway' cities in the Western world for Chinese investors looking to move.

Coles sales are 'returning to normal' after the pandemic surge which started in March last year

Coles' supermarket sales fell for the first time in more than 50 quarters as food spending receded following last year's pandemic surge. Same-store supermarket sales fell 6.4% in the three months ending March after growing 13.1% in the same quarter last year.

EY has topped LinkedIn's 2021 list of the best Australian companies to work for. Here's who else made the cut.

Consulting giant Ernst & Young has secured the top spot on LinkedIn Australia's 2021 Top Companies list. The Big 4 giant earned plaudits for not enforcing redundancies through 2020, and offering to reimburse staff who underwent paycuts.

Australians have lost over $288,000 to vehicle scams in the first quarter of 2021, as soaring prices push buyers to look for deals

New data from the ACCC found that Australians have been cheated out of $288,000 by used car scammers in the first three months of 2021. A chronic shortage of new cars has resulted in surging used car prices, with values increasing by up to 40%.

APRA has doubled down on its climate warnings, urging the business community to take stock of the 'unprecented' risks

Australia's business community faces enormous risks if it remains ignorant to the impacts of climate change, APRA says. The prudential regulator doubled down on its warnings on Wednesday as chair Wayne Byres addressed the Committee for the Economic Development of Australia.

Apple reported $89.5 billion in revenue for the second quarter, smashing estimates as it continues its iPhone 12 high and stores return to normal operations

Apple raked in $89.6 billion in revenue from January to March as the pandemic lessened and amid a global chip shortage.

The founder of in-demand African textile brand ULO explains how her brand thrived in 2020 – even after the pandemic decimated her supply chain

In 2021, it's crucial that we spend our dollars wisely. Last year, we saw social injustices come to the forefront of our minds, all while the pandemic hit smaller businesses the hardest.

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