Good morning all!

1. Greater Brisbane is now under a snap three-day lockdown. The state reported 10 new COVID-19 cases on Monday morning. Schools are closed, and cafes, pubs and restaurants are not be able to operate except for takeaway. “This is going to be the Australian way of life until everyone is vaccinated,” Queensland Premier Annastacia Palaszczuk said at a press conference yesterday morning.

2. The response from other states and territories has been swift. Victoria, Western Australia, South Australia and Tasmania have announced new border restrictions in response to the new Brisbane COVID-19 cluster. The ACT has also urged residents from five local government areas not to enter the territory, and has urged recently returned travellers to undergo quarantine.

3. Big boat update: it’s free! The Ever Given has been freed and is moving again after six days blocking the Suez Canal. According to the Associated Press, tugboats were able to pull the 220,000-ton ship from the bank of the canal. With the costs of the blockage having been estimated at $AU523 million an hour, that amounts to a total cost of about $AU78 billion.

4. Shipping company Maersk says it could take months to resolve the shipping delays caused by the Suez Canal blockage. “Even when the canal gets reopened, the ripple effects on global capacity and equipment are significant and the blockage has already triggered a series of further disruptions and backlogs in global shipping that could take weeks, possibly months, to unravel,” Maersk said in a statement on Monday. Soren Skou, the CEO of Maersk, told the Financial Times on Monday that the Suez Canal jam, as well as the coronavirus pandemic, had forced companies to rethink their supply chains.

5. Afterpay has unveiled a new digital card designed to help it capture new merchants and expand into new industries. Admitting the old system, where retailers had to scan a phone-generated barcode at checkout, had become something of a sticking point, Afterpay now offers the digital card on both Apple Pay and Google Pay. Co-founder Nick Molnar told Business Insider Australia the transition will help the company move into new industries where BNPL platforms are increasingly competing, like healthcare.

6. In Australia, government and peak mental healthcare bodies have invested $100 million toward accelerating investment in telehealth and digitised healthcare services. As wellness technology explodes in the US, Australia is looking at scaling up its own investment, experts say. “By designing and delivering evidence-based care through technology, we can actually reach those people in a place where they’re naturally seeking help,” Black Dog corporate communications manager Kate Dennis told Business Insider Australia.

7. A pay rise that means a woman earns more than her male partner increases her chance of domestic violence by 35%, according a research from the Australian Bureau of Statistics. It suggests that men struggle to deal with not being the family breadwinner. “As women’s share of household income increases, but remains below one-half, there is no change in the experience of physical and emotional abuse,” the research found.

8. Amazon Australia is tipped to have an enormous year as it aggressively expands its local footprint to over 360,000 square metres. As a result, Morningstar analysts forecast Amazon will process almost $9 billion in sales by 2025, and make one in four online sales by 2030. The enormous growth will most threaten local retailers like JB Hi-Fi, Harvey Norman and Kogan, all of which are already overvalued, the equities team says.

9. Speaking of Amazon: the company’s recent combative tweets targeting critics are no accident. Vox reported Jeff Bezos had told executives they weren’t doing enough to fight back against criticism. The aggressive tweets came amid an important unionisation vote at an Amazon warehouse in Alabama. Recode reported on Sunday that Bezos was unhappy with negative reports about the company he considered false or misleading and that he was specifically displeased with how company leaders were responding to them.

10. Gambling giant Tabcorp will conduct a strategic review of its holdings after rebuffing $3 billion offers for its wagering and media arm. Tabcorp’s wagering business has reportedly drawn significant interest from outside parties looking to capitalise on Australia’s gambling habit. Tabcorp will “assess and evaluate all structural and ownership options” before making any decision to sell or de-merge.

BONUS ITEM

Today in the world of trademark defence: Nike is suing MSCHF for trademark infringement over the retail startup’s “Satan Shoe.” MSCHF collaborated with Lil Nas X for the shoe, which sold out in under one minute on Monday. The Satan Show looks like a modified Nike Air Max 97 and includes the brand’s trademark Swoosh. Honestly it feels like nature is healing after the coronavirus if we’re fixating on a bit of old school satanic panic.

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