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10 things you need to know this morning in Australia

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businessinsider.com.au

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edm@businessinsider.com.au

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Tue, Nov 17, 2020 10:48 PM

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Good morning, folks. Celebrity chef and high-profile conspiracy theorist Pete Evans has faced an eno

[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]( Good morning, folks. [Enable Images to View]( [Pete Evans has faced backlash for posting a neo-Nazi symbol on social media. Here are all the companies which have dumped him since.]( Celebrity chef and high-profile conspiracy theorist Pete Evans has faced an enormous backlash after posting a cartoon on social media featuring a neo-Nazi symbol. [Enable Images to View]( [The NSW government has officially set its sights on phasing out stamp duty and replacing it with an annual land tax]( The 2020-21 NSW State Budget includes a plan to phase out stamp duty in the state, giving homebuyers the option to pay an annual land tax instead. [Enable Images to View]( [Robodebt was a policy fiasco with a human cost we have yet to fully appreciate]( The Robodebt class action bought by Gordon Legal has been settled at a cost to the government of around $1.2 billion. According to federal Labor frontbencher Bill Shorten, this is the biggest class action in Australian legal history. [Enable Images to View]( [Australia's top universities for graduate employment rates are a long way from the capital cities]( Regional universities in Australia have seen an uptick in full-time employment rates among their undergraduates. While most universities saw a drop in employment rates, three regional universities bucked the trend, including The University of Southern Queensland, University of New England and Southern Cross University. [Enable Images to View]( [Enable Images to View]( [Suncorp has set aside an additional $125 million for potential pandemic-related losses]( General insurer Suncorp has put aside an additional $125 million for potential business interruption claims related to COVID-19 pending the outcome of a test case that will have widespread ramifications for the industry. [Enable Images to View]( [Aussie travel platform Camplify is having its biggest year on record. This is how the 'Airbnb for caravans' works.]( Domestic holidays are the only option for Australians right now, thanks to the COIVD-19 pandemic. Over 65,000 Aussies are expected to spend the Christmas break in a camper van on caravan, according to research by travel platform Camplify. [Enable Images to View]( [After losing billions on WeWork investments, SoftBank CEO Masayoshi Son says he still loves and respects ousted founder Adam Neumann]( Softbank CEO Masayoshi Son spoke at the New York Times DealBook Conference. Softbank reportedly invested over $US18 billion in WeWork. Despite ousting him, Son said he still respects and loves Neumann. [Enable Images to View]( [Mark Zuckerberg and Jack Dorsey faced a barrage of questions from lawmakers over Facebook and Twitter's handling of the election]( Facebook CEO Mark Zuckerberg and Twitter CEO Jack Dorsey testified before the Senate Judiciary Committee on Tuesday. During the hearing, lawmakers from both major political parties grilled the CEOs about decisions the platforms made around the US presidential election. [Enable Images to View]( [This is what goes into making a luxury Hublot watch worth over $70,000]( Since being patented well over a century ago in 1868, wristwatches have evolved to become far more than a time-telling necessity. As most of us casually glance at our phones, computers or screens to pinpoint the time of day, watches are now seen as a statement piece, status symbol or accessory just as much as they are a useful tool. [Enable Images to View]( Business Insider Australia © 2020 [Pedestrian Group]( [Unsubscribe]( • [Email to a Friend]( • [Privacy Policy](

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