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Thursday, 30 May 2019

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10 things you need to know this morning in Australia

Richest Australians revealed, a new minimum wage and the janitor who won the lottery.
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Australia has a new minimum wage of $740.80 per week, but the 3% bump is less than half of what the unions wanted

The Fair Work Commission has announced a new national minimum wage of $740.80 per week or $19.49 per hour after a review.
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Elon Musk says he lost money running Tesla last year

Musk was responding to a New York Times report which claimed that he made more than the next 65 highest-paid US CEOs put together in 2018.
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Jetstar hit with $1.95 million fine for lying to customers about non-refundable cheap tickets

The Qantas-owned airline was found to have made "misleading or deceptive" statements on its website.
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The Aussie dollar has tumbled over the past 8 years, losing nearly 40%. These strategists say the slide isn't over yet

The Australian dollar has fallen by nearly 40% against the greenback since mid-2011.
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Uber Eats is now as well-known as Macca's and Woolworths — but faces serious reputation risk from its ridesharing parent company

Uber Eats has reached brand awareness of between 92% and 95% in Sydney and between 94% and 97%, according to market researcher YouGov.
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Crowds, costs, and corpses: 16 misconceptions about what it's like to climb Everest

At least 11 climbers lost their lives in Mount Everest's "death zone" last week.
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The Magic Johnson-Lakers fiasco is a case study in how not to be a transformational leader

Magic Johnson had a rocky stint as the Los Angeles Lakers' president of basketball operations, according to sources at ESPN.
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Salesforce is refusing to let its customers use its software to sell semi-automatic guns

Firearms advocacy groups told The Washington Post the move discriminates against guns owners and violates the Second Amendment.
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The surprising weights of some of the biggest animals known to man

Brown bears are technically considered obese.

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