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]( Good morning, folks! [Enable Images to View]( [NSW will loosen limits on gatherings from Friday – but masks will still be required on public transport]( Attendance limits for gatherings will be boosted in New South Wales from midnight Friday, with residents allowed 30 visitors indoors and 50 outdoors. [Enable Images to View]( [Australia's billionaires struck gold during the pandemic. Now it's time to combat rising inequality, analysts say.]( Australia's 31 billionaires accumulated $85 billion more between them during the COVID-19 pandemic, according to the latest Oxfam report. [Enable Images to View]( [The Australia-NZ travel bubble looks 'increasingly difficult', but individual states could have their own two-way arrangements]( Two-way, quarantine-free travel between Australia and New Zealand may operate on a "state-by-state" basis, NZ Prime Minister Jacinda Ardern says. [Enable Images to View]( [The 4 main reasons that GameStop stock became the target of a Reddit forum with more than 2 million members]( GameStop is having a wild week that has little to do with the video-game market. The largest video-game retailer's stock value has exploded, from around $US40 on January 20 to over $US360 on January 27. [Enable Images to View]( [Enable Images to View]( [The Reddit traders driving up the price of GameStop are not what you think they are]( Look, I get it that a bunch of Reddit traders chasing a multi-billion dollar hedge fund out of the stock market is hilarious. But there's something much darker going on here. [Enable Images to View]( [Apple demolished Q1 earnings estimates and set a new record with $111 billion in revenue]( Apple set a new record during its fiscal first quarter with $US111.4 billion in revenue. Apple reported $US65.6 billion in iPhone revenue in the three months following the iPhone 12's October release. [Enable Images to View]( [Facebook blows away Q4 expectations, but calls out Apple's iOS privacy change as a 'headwind' for 2021]( Facebook on Wednesday reported $US28.1 billion in Q4 revenue, beating expectations of $US26.4 billion. Facebook said monthly users grew to 2.8 billion, versus 2.76 billion expected by analysts. [Enable Images to View]( [Tesla falls short of Wall Street's expectations as it closes out its first profitable year]( Tesla reported its earnings for the final quarter of 2020 on Wednesday afternoon. Elon Musk's automaker missed Wall Street's earnings expectations by about 20%. [Enable Images to View]( [This personal shopper gets paid to source sold-out, high-end fashion items for celebrities – here's how she does it]( If you've ever had a stroke of genius that you decided wasn't worth acting on, let Gabriel Waller's story be the push you need to reconsider. [Enable Images to View]( Business Insider Australia © 2021 [Pedestrian Group]( [Unsubscribe]( • [Email to a Friend]( • [Privacy Policy](