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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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Wed, Aug 4, 2021 11:43 PM

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[View in browser]( [Logo]( [facebook-icon.png]( [twitter-icon.png]( [linkedin.png]( [Image]( [10 things you need to know this morning in Australia]( [10 things you need to know this morning in Australia]( [This is Business Insider Australia’s morning newsletter for Thursday, August 5.]( [Sydney’s lockdown is threatening Australia’s job recovery as vacancies start to fall]( [Sydney’s lockdown is threatening Australia’s job recovery as vacancies start to fall]( [Australia’s hiring frenzy is beginning to lose steam.]( [‘Just the tip of the iceberg’: Retail spending collapsed in June with economists and retailers fearing worse for the September quarter]( [‘Just the tip of the iceberg’: Retail spending collapsed in June with economists and retailers fearing worse for the September quarter]( [Retail turnover fell 1.8% over June, stoking fears that lockdowns in July and August will impact Australia’s GDP in the September quarter.]( [The pandemic has changed Australian migration patterns for good, as capital cities see the largest population losses on record]( [The pandemic has changed Australian migration patterns for good, as capital cities see the largest population losses on record]( [Capital cities saw the loss of 11,800 people from internal migration, the largest quarterly net loss on record, in the first three months of 2021.]( [Australia Post to pay $1 million to former CEO Christina Holgate, bringing the Cartier watch stoush to a pricey end]( [Australia Post to pay $1 million to former CEO Christina Holgate, bringing the Cartier watch stoush to a pricey end]( [Former Australia Post CEO Christina Holgate has received a $1 million “employment termination payment” from the government-owned entity, plus $100,000 to cover her legal costs.]( [Citibank will enter Australia’s increasingly crowded buy now, pay later market in October with ‘Spot’]( [Citibank will enter Australia’s increasingly crowded buy now, pay later market in October with ‘Spot’]( [The $192 billion bank revealed it will trial its long-awaited BNPL feature in Australia in October, with a view to roll it out globally later.]( [Uber is still losing a lot of money]( [Uber is still losing a lot of money]( [The ride-hailing app doubled its bookings over the worst quarter of the pandemic, but still burned through $1.28 billion in cash.]( [Google fired 80 employees for abusing user data and spying on people, with some even sharing personal information outside the company, a new report says]( [Google fired 80 employees for abusing user data and spying on people, with some even sharing personal information outside the company, a new report says]( [Dozens of Google employees were fired between 2018 and 2020 for using internal tools to view personal user data, Vice’s Motherboard reports.]( [Why you should be interested in EU stocks, as told by a top Australian investor]( [Why you should be interested in EU stocks, as told by a top Australian investor]( [Keeping on top of the stock market is no simple task, so it’s easy to fall into a habit of sticking with what you know. That habit could be holding you back though, according to Josh Gilbert, a Market Analyst at leading social trading platform, eToro.Speaking to Business Insider, Gilbert […]]( [Image]( [Logo]( [facebook-icon.png]( [twitter-icon.png]( [linkedin.png]( [Unsubscribe]( | [Privacy Policy](

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