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10 things you need to know this morning in Australia

Monday 17 May 2021

Business Outsider

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Biden expresses support for Middle East cease-fire amid mounting pressure from top Democrats

Biden's position on Israel has exposed a growing rift in the Democratic Party as violence escalates in the Middle East.
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Three out of four Australians want to keep international borders shut - even if the entire population is vaccinated against COVID-19

There is clearly a disconnect between voters and industries that rely on visitors and migrants.
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Australia wastes more taxpayer money on infrastructure blowouts than almost all comparable nations

Federal and state mismanagement of infrastructure projects costs Australians enormously, a new report out of the Grattan Institute shows.
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Apple has stored the data of thousands of customers on Chinese servers and censored apps to please the government

Apple has relied upon its China-based supply chain for years, and the NYT reports that the tech giant has bowed to the Communist Party's demands.
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Australia's trust in neobank lenders sits at just 10%, says a new report

A new whitepaper suggests neobanks and other fintechs can woo consumers by building trust where traditional banks are not.
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'Big Short' investor Michael Burry reveals his bet against Tesla stock

Burry's Scion Asset Management held bearish put options on over 800,000 shares of Elon Musk's company at the end of March.
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There are fewer apprentices today than in 2013, Labor claims, as it casts doubt on the government's jobs plan

New data signals a decline in the overall number of apprentices since the Coalition came into office.
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These are the highest-paying side hustles in Australia

Australia ranked just after Sweden and Switzerland when it came to average earnings per job on Fiverr, with freelancers making $766.
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745,000 deaths a year can be linked to long working weeks of 55 hours or more, a WHO study suggests

Working 55 hours or more was linked to an increase in strokes and deadly heart disease.
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The benefits ethical investing can have for your portfolio, according to an expert

The benefits of ethical investing go well beyond moral values.
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How business and government are working together on the COVID-19 recovery – and what it means for the future of the Australian economy

Regardless of industry, businesses were taken off-guard in early 2020 as COVID-19 rapidly spread around the world.

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