10 things you need to know this morning in Australia

[View this email via your browser]( [Business Insider Australia]( [Twitter]( [Facebook]( [LinkedIn]( [Enable Images to View]( [Enable Images to View]( [10 things you need to know this morning in Australia]( Morning, folks. [Enable Images to View]( [Australia's biggest banks owe customers billions of dollars after the royal commission. This is how much each has actually paid back.]( ASIC has released the latest compensation figures paid out by the country's big banks, including Westpac, ANZ, NAB, Commonwealth Bank, Macquarie, and AMP. [Enable Images to View]( [Australian house prices are tipped to keep rising this year, with Sydney expected to soar by a massive 10%]( Domain has updated its forecasts for 2020, and it expects house prices to rise by 8% nationally this year. Sydney is expected to lead, adding 10% to its house prices and bring the median to an astronomical $1.25 million. [Enable Images to View]( [The ABC is trialling news videos on Instagram, in a bid to grab the attention of millennials]( The ABC is experimenting with news videos on Instagram to attract a millennial audience. The national broadcaster wants to try out a different tone and focus on topics that younger audiences care about. [Enable Images to View]( [Spotify has launched an app for kids in Australia, and it features curated playlists from companies like Disney and Nickelodeon]( Spotify has launched a standalone app for kids in Australia. The Spotify Kids app is available for Premium Family account subscribers at no extra cost and it's add free. [Enable Images to View]( [Enable Images to View]( [Hospitality bosses are blaming Fair Work's 'name and shame' wage theft campaign for the collapse of George Calombaris' restaurant empire]( The hospitality sector is blaming the Fair Work Ombudsman's "name and shame" campaign for driving the collapse of George Calombaris' restaurant empire with warnings more jobs are at risk. [Enable Images to View]( [Costco has announced it will launch members-only online shopping and delivery in Australia]( Costco is launching online shopping and delivery in Australia. It will only be available to those with a Costco membership, which costs $60 per year. Enable Images to View [Jeff Bezos has reportedly broken California's record for the most expensive home sale of all time with his purchase of a $165 million Beverly Hills mansion]( Amazon CEO Jeff Bezos has purchased a Beverly Hills mansion for $US165 million, according to The Wall Street Journal. The estate was designed for Warner Bros. executive Jack Warner in the 1930s and features its own nine-hole golf course. It was previously owned by media mogul David Geffen. [Enable Images to View]( [Sex tech is now a $30 billion industry. An expert talked us through 10 gadgets with very different uses.]( Technology to enhance sex and sexuality is in hot demand, with the industry valued at some $30 billion, according to Future of Sex podcast founder and former Microsoft executive Bryony Cole. Enable Images to View [12 notable airlines have gone out of business in the last 14 months — here's the full list]( The year 2019 was tough for airlines. So far, it looks like 2020 will be the same. Airlines around the world saw a range of bankruptcies, liquidations, and failures, with many forced to shut down in 2019. [Enable Images to View]( Business Insider Australia © 2020 [Pedestrian Group]( [Unsubscribe]( • [Email to a Friend]( • [Privacy Policy](