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Posted: 2021-05-30 23:37:13

Good morning all.

1. The Victorian health department’s list of exposure sites has swelled to more than 270 locations. Aged care facility Arcare Maidstone was added and is now in lockdown. Five new local cases were reported this morning, with 16,752 vaccine doses administered and 43,874 test results received.

2. The feud over whether state governments or the federal government should support workers monetarily through lockdowns is heating up. Prime Minister Scott Morrison and Treasurer Josh Frydenberg are making it clear that federal support has more or less ended, and states need to foot the bill for their lockdowns. It’s quite a tightrope they’re walking – not opposing lockdowns, as they know a decent chunk of the electorate is in favour of them, but refusing to direct any federal money.

3. A major ad campaign will be launched in July to encourage under 40s to get vaccinated. The campaign, by ad agency BMF, will run across social media as well as traditional and display media and involve celebrities. The current vaccine campaign has been criticised as boring and unconvincing, and partly to blame for Australia’s sluggish uptake.

4. Qantas is understandably keen to get Australia vaccinated, and it’s offering its own incentives to make that happen. After last week unveiling a new initiative that will reward Australians who have had a COVID-19 jab with frequent flyer points and travel vouchers, the airline has gone even bigger: offering unlimited travel for a year for 10 lucky families. “We are going to offer 10 mega prizes, at least one for each state and territory, where a family of four get unlimited travel on the Qantas and Jetstar network, anywhere in the network for a year,” CEO Alan Joyce told Today.

5. Gina Rinehart has once again topped this year’s Rich List, on the back of a roaring iron ore price. With a record fortune of $31 billion, Rinehart has more than doubled her net worth in the space of two years. She’s followed by Andrew Forrest, Anthony Pratt, Mike Cannon-Brookes, Scott Farquhar, Melanie Perkins and Cliff Obrecht, among others.

6. Finder will begin paying its 350 staff part of their salary in Bitcoin if they want it. Co-founder Fred Schebesta said employees could accept up to 25% of their pay in Bitcoin, but did not confirm how many had taken up the business on the offer. It comes as Finder cites separate research claiming as many as one in four Australians would like exposure to the volatile asset as part of their compensation.

7. CEO of Australian Made Ben Lazarro wants Melbourne’s latest lockdown to remind Aussie consumers of the importance of buying local. Australian Made Week, which ended Sunday, seeks to hammer home the economic benefits of choosing Australian-made products. If every household spent an additional $10 a week on Australian-made products, it would inject an extra $5 billion into the economy each year and create up to 11,000 new jobs, according to new research from Roy Morgan.

8. Instagram has changed its algorithm to prioritise current events and viral posts, according to the Financial Times. A company spokesperson confirmed to Insider the change would happen “over time.” Facebook, which owns Instagram, has faced criticism from pro-Palestinian activists in and outside the company for how news has been displayed through the Gaza crisis.

9. Netflix is reportedly fishing around for a major video game business executive to hire. The company intends to expand its gaming efforts to break into the lucrative industry, though it’s not clear what form that will take. Experts tend to agree that it’ll be very tough for Netflix to make inroads in gaming, with most efforts by other entertainment and tech companies to branch into the space failing catastrophically.

10. British spies believe that the theory the coronavirus escaped from a Chinese lab is ‘plausible,’ reported The Sunday Times. The lab-leak theory having initially been dismissed is gaining traction. President Joe Biden has ordered US intelligence agencies to conduct a 90-day review into the source of the coronavirus.

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Not a great look for Harvey Norman!

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