View this email via your browser

10 things you need to know this morning in Australia Good morning all.

Australians have saved billions of dollars through the pandemic. Now the Reserve Bank hopes we'll spend that money. The Reserve Bank of Australia (RBA) is hoping Australians will spend their extra cash to get the economy roaring again. Australians have accumulated billions of dollars in extra savings, amounting to 12% of incomes.

60% of new jobs created in Australia are casual, according to new analysis. The figure calls into question the strength of Australia's economic recovery. Australia may be creating a record number of jobs, but they aren't the ones workers need, the Australian Council of Trade Unions (ACTU) has argued.

Australia's housing market is now worth $8.1 trillion – that's more than super, the stock market and commercial real estate combined Australia's housing market hit $8.1 trillion in value last month, surpassing the combined values of listed shares, superannuation, and commercial real estate by $1 trillion.

Qantas will add a million seats on flights to Adelaide in response to a surge in domestic travel demand Qantas will boost seats on flights in and out of Adelaide on a new service that will run four times a week. The announcement is yet another sign of strengthening domestic travel as the industry navigates the threat of rolling lockdowns.

Australian unis are pushing for HECS-style loans for short courses to encourage upskilling, ahead of the budget next week Universities Australia has called on the government to provide new loans to cover programs that would award "micro-credentials" to Australians looking to upskill.

Melinda Gates had been seeking a divorce from Bill since 2019 after his meetings with Jeffrey Epstein became public, the WSJ reports Bill and Melinda Gates have been married for 27 years and announced their split on May 3. Melinda was reportedly seeking divorce since at least 2019.

Four experts told us their long-term predictions for bitcoin - and the most crucial information that crypto novices need to know Experts told Insider about the drawbacks and advantages of cryptocurrencies - and what key issues potential investors need to be aware of.

Dogecoin plummets during Elon Musk's 'Saturday Night Live' hosting gig as Robinhood experiences issues Robinhood said crypto trading was "back up and running" about 30 minutes after reporting difficulties.

Business owners looking to expand their reach should consider using tools like AI-powered automation There are plenty of reasons why a business struggles to expand, remaining at a standstill while similar businesses flourish. Granted, the past year has thrown an unpredictable spanner in the works, however, there are a few tools at your business' disposal that can assist in recovery and more importantly, growth.

Business Insider Australia © 2021 Pedestrian Group Unsubscribe • Email to a Friend • Privacy Policy