10 things you need to know this morning in Australia

[View in browser]( [Logo]( [Image]( [10 things you need to know this morning in Australia]( [10 things you need to know this morning in Australia]( [This is Business Insider Australia’s morning newsletter for Tuesday, February 15.]( [Every rose has its thorn – and this Valentine’s Day, supply chain constraints have tripled the import price of an average bouquet]( [Every rose has its thorn – and this Valentine’s Day, supply chain constraints have tripled the import price of an average bouquet]( [Forget the thorns: lovestruck Australians were stung by the price of roses this Valentine’s Day, after wholesalers paid triple the standard rate to import enough bulbs for the big day.]( [More than 150,000 people have signed a petition to make RATs free for all, as welfare groups continue to urge the Morrison government to do more]( [More than 150,000 people have signed a petition to make RATs free for all, as welfare groups continue to urge the Morrison government to do more]( [“Again and again this Government has shifted costs onto individuals, leaving working people to fend for themselves,” Michele O’Neil, president of the ACTU said.]( [An estimated $56 million was lost last year to dating scams, according to the ACCC. It follows a surge in investment and crypto scams since the start of the pandemic.]( [An estimated $56 million was lost last year to dating scams, according to the ACCC. It follows a surge in investment and crypto scams since the start of the pandemic.]( [The consumer watchdog released its new report to coincide with Valentines’ Day but its warning comes amid a raft of reports around scams and exploitation on social media.]( [Oil prices approach $100 per barrel for first time in 7 years after US relocates its Ukraine embassy due to threat of Russian invasion]( [Oil prices approach $100 per barrel for first time in 7 years after US relocates its Ukraine embassy due to threat of Russian invasion]( [The embassy relocation came "due to the dramatic acceleration in the buildup of Russian forces," Secretary of State Anthony Blinken said.]( [Prices for everything from gas to food to housing are rocketing higher, but the Fed’s best weapon for fighting inflation might not be enough]( [Prices for everything from gas to food to housing are rocketing higher, but the Fed’s best weapon for fighting inflation might not be enough]( [The Fed is poised to start raising interest rates in March. Yet higher rates can’t solve supply shortages or keep Americans from buying key goods.]( [Roblox could soar 26% as its metaverse potential gives it ‘young tech giant’ vibes, BofA says]( [Roblox could soar 26% as its metaverse potential gives it ‘young tech giant’ vibes, BofA says]( ["The metaverse category could eventually subsume parts of social media, streaming video and video games," BofA said.]( [SoFi CEO says he owns bitcoin and ether — and warns that companies who don’t take advantage of crypto will be ‘left behind’]( [SoFi CEO says he owns bitcoin and ether — and warns that companies who don’t take advantage of crypto will be ‘left behind’]( ["If you don’t innovate and you don’t use cryptocurrency as a technology platform, you’ll get left behind," he told CNBC. "You’ll be less competitive."]( [Texas is suing Meta for violating state privacy laws with its former facial-recognition program]( [Texas is suing Meta for violating state privacy laws with its former facial-recognition program]( [Meta Platforms, Facebook’s parent company, is being sued by the Texas attorney general over its facial recognition program.]( [Where the Canadian trucker movement stands as bridges reopen and global copycats pop up]( [Where the Canadian trucker movement stands as bridges reopen and global copycats pop up]( [Speculation about a full-fledged American trucker convoy has been bubbling up in the conservative media ecosystem over the past week.]( [Image]( [Logo]( [Unsubscribe]( | [Privacy Policy](