Good morning and good luck.

1. JobSeeker payments will be lifted by just $3.50 a day in the long-awaited raise on the unemployment benefit. Under the new arrangement out-of-work Australians will receive $615 a fortnight, or around $200 less than they did during the pandemic. The meagre raise was immediately slammed by some, with Australian Council of Social Services CEO Cassandra Goldie claiming the government had “missed its opportunity” to stand for “human decency”.

2. As part of the changes, the Morrison government will also introduce controversial measures to compel Australians to apply and accept whatever jobs they can. Unveiling a ‘snitch line’, the government will require JobSeeker recipients to apply for 20 jobs a months and ask employers to dob in any JobSeeker recipients who turn down an offer. The punishment? Potentially withholding money from the unemployment.

3. Soon to join the unemployment line may be hordes of tourism workers. The tourism sector claims it will have to lay off up to 80% of its workforce unless the federal government extends the JobKeeper wage subsidy beyond the end of March. With borders closed, the majority of tourism businesses expect they won’t turn a profit for another two years.

4. Facebook will reinstate Australian news content on its platform after reaching a new agreement with the federal government. Ending a week-long standoff over the media bargaining code, the agreement means Facebook could avoid the code altogether as long as it reaches deals with local publishers. While Facebook says it retains the right to pull news again at its own discretion, the social media company and the Morrison government are both eager to paint the outcome as a win.

5. The brouhaha produced major headaches for both sides. In an effort to emphasise its position, the Australian government had decided to pull paid Facebook advertising in a symbolic withdrawal from the social media platform. Leaving only fake news on Facebook however and without a plan to promote the vaccine rollout however, was only going to make “Australia’s COVID-19 infodemic worse”, according to ANU researcher Matt Nurse. Hopefully, Tuesday’s peace treaty remedies that situation.

6. Crown risks forfeiting the gambling licence to its flagship Melbourne casino after the Victorian government called a royal commission into its operations. Premier Daniel Andrews said on Tuesday that whatever findings are produced will be acted on even if they threaten the precinct which employs 12,500 Victorians. It marks the third inquiry into the entertainment empire and comes as a fifth director stands down from the company board in the space of two weeks.

7. Markets are blowing off some steam after a prolonged months-long rally. Tesla, which had been one of 2020’s biggest winners, came in for a reckoning, falling more than 17% in two days while the US tech sector also took a hit. Coincidentally, so too did the price of Bitcoin briefly, just months after Elon Musk took a $US1.5 billion punt on it.

8. An update on the WeWork saga. Ousted CEO of the co-working space company Adam Neumann could reap almost $US500 million in cash and remain a major shareholder as part of a settlement with owner Softbank. For the record, that’s half of what he was originally tipped to be in line for.

9. SpaceX is set to launch its newest Starship prototype thousands of metres into the air as early as this week, after the last two blew up. Eventually the rockets are meant to one day fly astronauts to the moon and power hypersonic travel on Earth, but right now, even Musk says its essentially a coin-flip on whether they aren’t just giant explosions waiting to happen.

10. India’s richest family plans to build the world’s largest zoo and animal rescue centre. To be built on 113 hectares, the project is already being protested as the family begin transferring exotic animals, including black panthers, pygmy hippos and Komodo dragons. The family is worth more than $US100 billion.

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Pakistan’s police force are quite literally getting their skates on to jump Karachi criminals.

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