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 all. [Enable Images to View]( [The federal government says it will overhaul JobMaker after the $4 billion program delivered just 521 jobs]( The $4 billion JobMaker plan is supporting just 521 jobs, Treasury has revealed. Given it is just a fraction of the 10,000 expected, Treasurer Josh Frydenberg said he would loosen the scheme's eligibility requirements in order to enhance its impact. [Enable Images to View]( [Crown Resorts has received an $8 billion takeover bid from private equity group Blackstone]( Troubled casino giant Crown Resorts has received a takeover bid from the private equity group Blackstone. The James Packer-backed group said on Monday morning that it received the unsolicited, non-binding and indicative proposal from Blackstone on Sunday worth $11.85 per share, valuing Crown at $8 billion. Crown’s shares last traded at $9.86. [Enable Images to View]( [An 'insurance catastrophe' has been declared in New South Wales after more than 5,000 home and property claims were lodged, with more to come]( Severe flooding in across New South Wales has led to an 'insurance catastrophe', the Insurance Council of Australia says. The designation will see insurance agencies grant priority to flood-affected policy holders and institute a dedicated disaster hotline. [Enable Images to View]( [Experts say rents could soar by 20% in some Australian cities as a ban on price hikes ends the same week as JobKeeper]( In several Australian states a moratorium on rent increases is set to end in late March, only days before the Government’s JobKeeper program concludes. [Enable Images to View]( [Enable Images to View]( [A New Zealand-Australia travel bubble start date will be revealed April 6, with Jacinda Ardern promising a 'state-by-state' system]( Australia and New Zealand will learn when the two-way, quarantine-free travel bubble begins on April 6. The bubble will see New Zealand open to Australia on a state-by-state basis, Prime Minister Jacinda Ardern said Monday. [Enable Images to View]( [1 in 4 Gen Z Australians use second-hand fashion marketplace Depop – and its founders want even more]( One in four Gen Z Australians are on second-hand fashion marketplace Depop, its founders say. “The idea behind Depop is to create a community for like-minded people” said Depop founder Simon Beckerman. [Enable Images to View]( [Peak live music organisations claim they need to be exempt from border restrictions to protect the industry from devastation]( The live music industry is still struggling as border closures and venue capacity limits hold organisations back from return to pre-COVID-19 business. [Enable Images to View]( [Biden is reportedly getting even more serious about taxing the wealthy]( Biden is looking at raising more revenue and has said Americans earning over $400,000 can expect hikes, but he isn't considering a new wealth tax. [Enable Images to View]( [The tech behind massage guns, and why the sports world has embraced them]( Percussive massage guns are the latest tech innovation to be embraced by the sports world — and they’re quickly becoming a household staple for athletes and others who are striving for peak performance. [Enable Images to View]( Business Insider Australia © 2021 [Pedestrian Group]( [Unsubscribe]( • [Email to a Friend]( • [Privacy Policy](