The price of iron ore hit a record yesterday as sales of the commodity surge. Can it save the Australian economy?

Also today:

•   NSW introduces tougher lockdown rules as fears of a second outbreak grow
•   A record number of taxpayers file returns in the first few days of the New Year
•   And McWilliams Wines finds a new owner

Plus an interview with Professor Steve Worthington from the Swinburne University of Technology about the incredible success of the buy now, pay later sector.