10 things you need to know this morning in Australia

[View in browser]( [Logo]( [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 Friday, January 21.]( [Unemployment has dropped to 4.2%, the lowest in Australia since the global financial crisis]( [Unemployment has dropped to 4.2%, the lowest in Australia since the global financial crisis]( [Australia has recorded a jobs boom following the most recent set of lockdowns, with unemployment plunging to just 4.2% in December 2021; the largest dip since the GFC.]( [Scott Morrison’s proposal for children to drive forklifts in order to fill staff shortages has been nixed by National Cabinet]( [Scott Morrison’s proposal for children to drive forklifts in order to fill staff shortages has been nixed by National Cabinet]( [Prime Minister Scott Morrison said the National Cabinet will no longer consider tweaks to workplace health and safety laws allowing minors to obtain forklift licences, after a widespread backlash to the proposal.]( [Critical workers are being punished for isolating and pressured to return to work sick, a new survey of transport workers has found]( [Critical workers are being punished for isolating and pressured to return to work sick, a new survey of transport workers has found]( [The findings of a survey conducted by the Transport Workers Union (TWU) follow a national cabinet-endorsed decision to relax the rules around isolation for essential workers.]( [Sydney instant delivery service Milkrun is speeding ahead of its competitors with a $75 million raise to expand nationwide]( [Sydney instant delivery service Milkrun is speeding ahead of its competitors with a $75 million raise to expand nationwide]( [The company’s founder and chief executive Dany Milham says the cash will fuel the company’s expansion from Sydney’s inner city suburbs across greater Sydney and into other Australian cities.]( [‘Instant commerce’ platforms like Milkrun and Voly say they’re not part of the gig economy. Here’s why – and how they make money.]( [‘Instant commerce’ platforms like Milkrun and Voly say they’re not part of the gig economy. Here’s why – and how they make money.]( [Companies like Milkrun are getting marketing mileage out of pitching themselves as gig economy alternatives.]( [Uber Australia acquires Car Next Door, adding peer-to-peer car rental to its transport and delivery business]( [Uber Australia acquires Car Next Door, adding peer-to-peer car rental to its transport and delivery business]( [Uber Australia has acquired Sydney-based Car Next Door, the rideshare company announced Thursday. Car Next Door allows car owners to offer their vehicle up for rental by other drivers. Uber did not reveal the value of the acquisition, but said Car Next Door meshed with its business philosophy. Visit Business […]]( [Legendary investor Jeremy Grantham predicts S&P 500 will crash 50% after 4th US ‘superbubble’ in the past century pops]( [Legendary investor Jeremy Grantham predicts S&P 500 will crash 50% after 4th US ‘superbubble’ in the past century pops]( [When the "superbubble" bursts, the legendary investor predicts a total wealth loss of $35 trillion in the US alone.]( [Peloton drops 25% to trade below its IPO price after report says company will halt production of its bikes due to weak demand]( [Peloton drops 25% to trade below its IPO price after report says company will halt production of its bikes due to weak demand]( ["Morale is at an all-time low. The company is spinning out so fast," an anonymous Peloton employee told CNBC.]( [Producers on a Tom Cruise film set in space are planning to launch the world’s first movie studio connected to the International Space Station]( [Producers on a Tom Cruise film set in space are planning to launch the world’s first movie studio connected to the International Space Station]( [The studio will reportedly be able to support production for film, television, music, and sports in space when it launches in December 2024.]( [Image]( [Logo]( [Unsubscribe]( | [Privacy Policy](