Lockdowns that have placed almost 12 million Australians under stay-at-home orders have now hit the property market, new data shows. New figures out of REA show the number of new listings have fallen in five capital cities. More »   

End of financial year sales failed to stave off the coronavirus blues in June, with retail trade falling 1.8 per cent as lockdowns across Australia restricted movement and forced stores to temporarily close their doors. More »   

Good morning all. 1. NSW recorded 98 new cases of COVID-19 yesterday. (You'll note the TikTok guy got it wrong.) Twenty of those were infectious in the community. A fifth death was recorded. Premier Gladys Berejiklian said she was "not willing to give an end date" to ...

JB Hi-Fi expects full-year net profit to soar more than 60% and sales to rise more than 12% despite a weaker June quarter. JB Hi-Fi and its appliances business, The Good Guys, have been big beneficiaries of redirection of consumer spending through the pandemic. ...

Afterpay is making a major pivot into banking services, unveiling its new Money by Afterpay app to be released in October. Offering a savings account and a debit card via Westpac, the company wants the standalone app to become the go-to financial management tool o...

The ASX fell 1.1% at market open on Tuesday, reflecting a downturn experienced in the US market linked to the coronavirus Delta variant. Fears over the new strain's transmissibility have shaded investor sentiment abroad. More »   

The number of Australians who think states have performed better than the federal government in handling the pandemic is growing, according to new research. More »   

Education platform Go1 is now valued at more than $1 billion after raising $272 million in new investment. Led by Softbank and backed by AirTree, Salesforce and Microsoft's venture arms among others, it was one of Australia's largest ever funding rounds. Mo...

The founder of an Australian firm which produces at-home COVID-19 testing kits says the federal government appears "unwilling" to consider testing alternatives. More »   

Australian tenants are shelling out thousands of dollars more in rent after a record-breaking 12 months. Rents have risen as much as 21% in some capital cities, and 11.3% across regional Australia. More »   

Good morning everyone. Hope you had restful weekends. 1. NSW recorded 105 new local cases of COVID-19 yesterday. Premier Gladys Berejiklian said 27 of those new cases were infectious in the community. "That is the number that worries us the most," Berejiklian said. "A...

The coronavirus pandemic accelerated massive changes in Australia's media and advertising appetites, according to a new report. PwC Australia contends spending on streaming platforms will explode by 2025, after audiences latched onto on-demand viewing through lockd...

Australian banks have restarted their loan deferral programs, enabling borrowers to put off their repayments during the most recent lockdown. Impacted mortgage holders can now pause and reduce repayments or restructure their loans are part of a new relief program,...

A small business owner has taken her range of beeswax food wraps from a market stall in Byron Bay to the shelves of ALDI. She says being picked up by the global retailer is a sign that customers don’t just want sustainable products to be accessible -- they expect th...

The backers of Australian founded F45 Training are set for a big payday with the fitness giant listing on the New York Stock Exchange on Thursday (US time) after shelving a planned float last year. More »   

Good day to you, dear reader, as we bid this sorry week farewell. 1. The whole state of Victoria has entered a five-day snap lockdown, as Melbourne exposure sites top 100. Announced yesterday, this fifth lockdown for the state reimplements stay-at-home orders, restric...

The current state of Australia’s vaccine rollout means the government and private sector should re-examine how mandatory vaccination factors into the country’s pandemic response, an expert argues. More »   

Case numbers in Greater Sydney and Melbourne spiked overnight as the two states race to reign in their respective outbreaks. Greater Sydney recorded 97 new locally transmitted cases overnight, while Melbourne’s cases rose to 24, revealing 100 exposure sites during F...

Billionaires Jeff Bezos and Richard Branson are commodifying space and packaging it up as a PR exercise. Meanwhile the world they leave behind slowly burns. More »   

Unemployment dropped to just 4.9% in June, the lowest level since December 2010, according to the latest figures from the Australian Bureau of Statistics. More »   

Good morning, folks. 1. Victoria recorded 11 new cases of COVID-19 yesterday. There's discussion in the media about a possible snap lockdown, with Monash University Associate Professor James Trauer saying a snap lockdown "seems likely" on Sunrise this morning. The sta...

Melbourne is bracing for news which could nudge it towards yet another lockdown, after state health authorities detected 11 new cases of COVID-19 in the community over Wednesday. More »   

Much of the growth in Instagram ad revenue in the second half of 2020 was due to small and medium-sized businesses, according to Facebook. The surge in smaller businesses advertising on Instagram has led to a number of medical and wellness products being advertised un...

Sydney Airport won't be bought for $22.3 billion after rejecting an unsolicited takeover bid. On Thursday, the Airport's board members said they had unanimously voted down the offer from Australian superannuation funds. More »   

While there's no shortage of treatments for male conditions like premature ejaculation, erectile dysfunction and hair loss, there are plenty of perceived barriers to accessing them. Many traditional treatments are seen as overpriced, inconvenient or have aggressive sa...