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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, Mar 2, 2021 10:13 PM

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Good morning, folks. The official interest rate has been left at 0.10% after the Reserve Bank of Aus

[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]( [The RBA has left the official interest rate at 0.10% as property markets boom]( The official interest rate has been left at 0.10% after the Reserve Bank of Australia (RBA) convened its March meeting. It comes as speculation grows over when interest rates will eventually be hiked, but Governor Philip Lowe maintains they're staying where they are. [Enable Images to View]( [The RBA says it won't raise interest rates for 3 years. Here's what might change its mind.]( The Reserve Bank of Australia (RBA) has said it expects it won't raise the official cash rate for at least three years. However, as home lending breaks records each and every month, and property prices surge, there are reasons why record low interest rates may not be sustainable for that long. [Enable Images to View]( [Helmet selfies and in-app checklists: Uber Eats praises 'global first' features for Australian riders as NSW taskforce examines gig economy safety]( Uber Eats riders are now required to take a selfie while wearing a helmet and check if their bike has a mobile phone holster before they can take gigs through the app. [Enable Images to View]( [Not even the mortgage deferral 'cliff' will stop Australian house prices from climbing in 2021, REA predicts]( The end of mortgage deferrals on March 31 is unlikely to slow rising house prices, REA Insights state in a new report. "I expect that any increase in forced sales will be small and property prices will keep rising," said Cameron Kusher, REA Group Director of Economic Research. [Enable Images to View]( [Enable Images to View]( [Royal Caribbean has announced its first 'fully vaccinated' cruises. These are all the cruise lines that will require COVID-19 vaccinations for guests and crew]( Over the last month, several cruise lines have started requiring crew members or guests to receive the COVID-19 vaccine prior to sailing. [Enable Images to View]( [A foldable iPhone is reportedly in the works for 2023]( Apple's ubiquitous iPhone could become foldable as soon as 2023, a note from the Apple analyst Ming-Chi Kuo said. [Enable Images to View]( [Amazon made a small change to its app icon after the design reminded some people of Hitler's mustache]( A redesigned icon for Amazon's app drew comparisons to Adolf Hitler, so the company quietly changed it. [Enable Images to View]( ['Fortnite' maker Epic Games just bought the studio behind streamer hit 'Fall Guys']( The gaming juggernaut behind "Fortnite" now owns the game-development studio behind smash-hit game "Fall Guys" and the studio behind "Rocket League." [Enable Images to View]( [These 5 farm-to-table dining experiences in Adelaide are your next reason for booking a South Australia trip]( South Australia is a must-visit culinary destination for all food lovers. The state is bountiful in produce, with global chefs flocking to the location to immerse themselves amongst some of the most unique and locally-sourced high-quality ingredients on offer. [Enable Images to View]( Business Insider Australia © 2021 [Pedestrian Group]( [Unsubscribe]( • [Email to a Friend]( • [Privacy Policy](

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