5 things you need to know today
Switzer Daily 5 things you need to know today 1. Lockdown to cause job losses Economists calculate the extended Sydney lockdown will contract the economy and kill thousands of jobs. NSW is one-third of the Aussie economy and has 22% of the country’s workforce and the seven-week lockdown will take 1.4% off growth, which will increase unemployment levels. 2. Apple bites into BNPL bonanza The share prices of Afterpay and Zip fell by around 10% yesterday and you can blame Apple and PayPal. Investors in the likes of Afterpay and Zip had a bad day yesterday as Apple joined the buy now pay later...
Source: switzer.com.au