Jack Derwin

Jack Derwin

Jack Derwin is a senior reporter at Business Insider Australia.

He has previously worked as a journalist for Japan’s The Asahi Shimbun, the second largest newspaper in the world, as well as for some of Australia’s largest media organisations, including Nine Entertainment, News Corp and Seven West Media.

His writing has appeared in The Australian Financial Review (AFR), The Sydney Morning Herald, The Age, Yahoo, Your Money, Sky News Business, 7News.com.au, and Stuff.nz among others, reporting on business, economics, politics and international affairs. He also appears on Australian television and radio from time to time.

You can tweet obscenities @jack_derwin on Twitter, pepper him with buzzwords on LinkedIn or flick hot scoops to [email protected]

What's Happening

AOC president John Coates says a 2022 Brisbane Olympics would break even. Previous Games would suggest that's quite unlikely.

Afterpay and Zip are doubling down on the US market amid growing losses

Westfield owner Scentre lost $3.7 billion in 6 months as retailers struggled through the pandemic

10 things you need to know this morning in Australia

Tourism operators say they will be forced to let go of 80% of workers when JobKeeper ends next month

Victoria has called a royal commission into Crown, and is threatening to take away its Melbourne casino licence

The investor boom has tripled Stake's users in 12 months, with Aussies trading $1.54 billion in just 7 weeks

Bank of Queensland is buying ME Bank for $1.3 billion, claiming the 'game changing' acquisition will make it a true big four competitor

10 things you need to know this morning in Australia

Australia's banks are bracing for 'difficult conversations' with borrowers in 2021, as loan deferrals begin to expire

These are the Australian suburbs where it's much cheaper to buy than to rent

Unemployment has sunk to 6.4% as the job recovery begins hitting its pre-pandemic stride

Crown has lost $121 million as it tries to rebuild amid both a corporate crisis and a pandemic

Australia's banks have unveiled how they will deal with borrowers who can't make repayments on $28.7 billion worth of deferred loans

Less deaths and more cars: Here are 5 things we learned about Australia from Wednesday's company reports

Coles profits have soared as the pandemic produces an eating and drinking bonanza – but it still trails its major rivals

Zip was forced to issue an explanation after its share price soared to a new all-time high for apparently no reason

Rents in Australia are rising again, with tenants in some cities paying up to 12% more this year

The number of Australians on JobKeeper has more than halved since September – but 1.5 million people still rely on it

Crown CEO Ken Barton has resigned, the latest and largest head to roll at the casino. He could walk away with as much as $77 million.

CommSec is trying to encourage a flood of new retail traders to learn about investing, as newcomers begin to move the market

Unemployed Australians should head to the bush, the Morrison government says, as talk of austerity rises

Aussies moving to the regions is a temporary trend, according to one planning expert, with cities set to claw residents back

Telstra spent $100 million keeping staff on last year. Now it’s spending $180 million more to turf 2,200 of them.

2 representatives of James Packer have resigned from the board of Crown Resorts following a bombshell report

CommSec has welcomed more than 230,000 new accounts in just six months, as trading volumes soar

'Corporate arrogance': Crown Sydney is 'not suitable' to hold a casino licence, an inquiry has found

New Zealand is cracking down on its red hot property market, as soaring prices raise concerns of a crash

Offices across Sydney and Melbourne are more than half empty, as workers stay at home

Chinese investors are expected to return to Australian property in a big way this year – and agents are doing everything they can to woo them

Property auctions are running hot, with 4 in 5 homes getting snapped up over the weekend

The RBA believes there's no housing bubble just yet, but says it will intervene if Australians go crazy on debt

'It feels like 1999': The GameStop saga has driven Australians wild, converting droves of investors overnight

Property vacancies are falling across Australia's capital cities – but rents in Sydney and Melbourne could be set to sink further

Buy now pay later companies like Afterpay will be regulated overseas 'as a matter of urgency', despite managing to dodge Australian regulators

The RBA has left the interest rate unchanged at 0.10%, as it keeps an eye on the 'bumpy' recovery ahead

Australians are again breaking borrowing records as they pile into a hot housing market, which is predicted to rise by 8% this year

'We are not running a blank cheque budget': Scott Morrison has poured cold water on the idea of further economic support, and indicated there will be future spending cuts

Australian super funds are quietly divesting from fossil fuels – but activists say they should convince companies to do better instead

House prices have hit record highs in all but two capitals – but it's the outer city regions that are really booming

Australia could rebuild its local tourism industry in 2021 – but it might need a helping hand from the government

Australia's billionaires struck gold during the pandemic. Now it's time to combat rising inequality, analysts say.

Google says it will pull Search out of Australia if the government doesn't back down on the media bargaining code

The end of JobKeeper will leave workers vulnerable to underpayment and sackings, a legal group warns

Female-led startups raised 25% more on crowdfunding platforms in 2020, bucking the 'bias' of more traditional investors

Ethereum has broken its all-time high. Here's why one analyst thinks it could hit $US2,500 this year.

JobSeeker saved 155,000 Australians from the brink of homelessness. Now that lifeline is being slashed.

Scott Morrison has indicated international travel could be back this year – contradicting health department boss Brendan Murphy

A new generation of digital payday lenders are springing up in Australia as demand for short-term loans surges

Australians racked up $24 billion in credit card debt for Christmas, as the country remembers how to spend again