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10 things you need to know this morning in Australia

Thursday 22 April 2021

Business Outsider

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The federal government has torn up Victoria's 'Belt and Road' agreement with China. Here's what that means.

The Morrison government has used its new foreign veto powers to rip up Victoria's Belt and Road agreement with China. The move had long been anticipated after the federal and state governments repeatedly butted heads over an incoherent China policy.
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Inner-city vacancy rates are set to tighten as investors rush to sell their properties in a hot market

Vacancy rates are set to tighten in a number of inner-city suburbs as investors offload their properties in a hot market. Across the Sydney inner-city area, 10% of property listings are ex-rentals, with 14% in Perth city and 5% in Melbourne city.
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TikTok creators are the best bet for marketers seeking return on investment, according to a report tracking Australia's fastest growing social media influencers

A new report by social analytics agency HypeAuditor revealed the trends that impacted social media marketing in 2020. It showed that micro and nano influencers with fewer than 5,000 followers create the most engagement and value for brands.
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New data suggests most Australians who withdrew super early spent the money on mortgages, rent, bills and debt

A new survey from the Australian Bureau of Statistics reports that most Australians who withdrew super early spent the money on mortgages, rent, bills and debt.
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Bitcoin is at its lowest level in nearly a month. 2 experts explain why they see more weakness ahead.

The slide in bitcoin may also be attributed to the rise in other coins, particularly ether, which has been taking center stage, an expert said.
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Biden plans to nearly double the capital gains tax rate to as high as 43.4% for wealthy Americans, report says

While President Joe Biden isn't proposing an outright wealth tax, Bloomberg reports he would target the wealthiest Americans' taxes.
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22 inventions that could save the Earth

We've compiled a list of 22 inventions that could help us cut back on plastic, reduce garbage in the sea, and make the Earth a better place.
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One dose of AstraZeneca or Pfizer's vaccine provides protection against COVID-19 that lasts at least 10 weeks

One dose of a Pfizer or AstraZeneca vaccine reduced COVID-19 infections by 65%. Two doses of Pfizer's shot reduced infections by 90%.
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The Disney+ Drive-In is opening on the Gold Coast — here's what's playing and how to get tickets

After another successful stint in Sydney and Melbourne, the Disney+ Drive-In is rolling into the Gold Coast for a winter dose of movie magic.

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