10 things you need to know this morning in Australia

Photo by Matthew Horwood/Getty ImagesDeliveroo wants to reduce single use plastics.

Good morning!

1. Deliveroo launches sustainability push. The food delivery app has inked partnerships with green packaging companies Returnr and BioPak, Business Insider Australia can exclusively reveal, which will see customers given the option of single-use compostable packing or reuseable stainless steel packaging at checkout. But in the case of the latter, they’ll have to pay a $6 deposit and return the bowl to a physical location to claim it back.

2. Australian entrepreneurs have raised a record US$1.23 billion from venture capital investors in the 2018-19 financial year. Graphic design website Canva, employee feedback platform Culture Amp and payments app Airwallex helped push Australia to the record high, says KPMG in its latest Venture Pulse report.

3. Basketballer Ben Simmons signed the biggest contract ever landed by an Australian athlete. Simmons signed a contract extension with the Philadelphia 76ers for a massive US$170 million ($A242 million).

4. A 6.0 magnitude earthquake struck near the island of Bali on Tuesday morning. Indonesia’s National Disaster Management Agency recorded aftershocks in several nearby provinces but said there was no threat of a tsunami.

5. Two Australian universities are reportedly linked to human rights abuses in the Chinese province of Xinjiang. An ABC Four Corners report accused the University of Technology Sydney and Curtin University in Western Australia of collaborating on technology used by the Chinese government in its human rights abuses of the Uighur minority in Xinjiang.

6. Property auctions are selling at rates not seen in more than 12 months. Over the July 13-14 weekend, 77.2% of properties sold in Sydney and 73.6% of properties sold in Melbourne.

7. Apple plans to fund its own podcasts. Upon news of the tech giant’s potential foray into the podcast sector, Spotify shares fell by more than 3%.

8. At a US Senate committee hearing on Tuesday, Facebook said Switzerland’s Federal Data Protection and Information Commissioner (FDPIC) will regulate the Libra Association – which overseas Facebook’s cryptocurrency, Libra. However, the FDPIC reportedly said neither Facebook nor anybody else from the Libra Association ever actually got in touch.

9. A prehistoric settlement has been found near Jerusalem. Archaeologists have said the 9,000 year old settlement offers new insight into how civilizations developed around the end of the Stone Age.

10. Ikea has released its iconic Frakta bag in a rainbow design in Australia in a nod to the LGBTI community’s rainbow flag. Named ‘Kvanting’, the retailer said the bag is a symbol of the company’s commitment to equality, diversity and inclusion.

BONUS ITEM

These cute little penguins had to be removed from under a sushi store in New Zealand not once, but twice:

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