1. Online Aussie business worth more than Telstra!

A local online design firm, Canva, started by three friends is now worth more than Telstra, valued at $55 billion. We know this because Canva co-founders Cameron Adams, Cliff Obrecht and Melanie Perkins are set to raise $200 million from investors and only in April the company was valued at $20 billion. But with 60 million active users a month, the business’s value has hit a staggering $55 billion valuation, which has to be one of the greatest local business success stories ever.

2. Future for Aussie coal looks cooked

Australia has lost the support of its ally, the USA over our heavy involvement in coal, ahead of a meeting between President Joe Biden and Prime Minister Scott Morrison. “The US has isolated Australia over climate change by siding with ­the EU and Canada in seeking to end rich country support for coal-fired power stations”. The Australian reports that this puts pressure on Australia to do more to cut carbon dioxide emissions in the lead-up to the UN ­climate change conference in ­November. The future for coal looks cooked!

3. No jab, no job

Big and even smaller firms are set to be vaccination centres soon, but how will employers deal with the medically-exempt worker? Companies such as Telstra and SPC told The SMH that they will be working with employees who have a medical exemption preventing a vaccination. A Telstra spokesman said its vulnerable employees will be found alternative roles out of harm’s way, either on a temporary or permanent basis. However, not all firms are promising to be as flexible, especially for those who won’t be jabbed for other reasons.

4. TikTok COVID case predictor contracts the Coronavirus

Sydney man Jon-Bernard Kairouz who famously 'predicted' NSW COVID case numbers, has ended up catching the virus himself. Kairouz was recently charged after his participation in a anti-lockdown protest in July.

5. The Dow closes up 0.7% overnight

The Dow Jones rose almost 0.7% or 236.82 points to 34,814.39. The S&P rose 0.8% or 37.65 points to 4,480.70. The Nasdaq Composite gained 0.8% or 123.77 points to 15,161.53.