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5.Aug, 2020 0

Coronavirus updates LIVE: Melbourne stage four business shutdown begins, Australian death toll stands at 247 – The Sydney Morning Herald

There have been a couple of major developments in the vaccine race overnight, after Novavax announced promising results from its phase one and two trials. The US and Canada have both moved to secure doses of current vaccine candidates. Here’s the latest from Reuters: Canada signs deals with Pfizer, Moderna…

5.Aug, 2020 0

As the day unfolded: Victoria records 725 new COVID-19 cases as business restrictions come into effect; QLD border closes to NSW, ACT as Australian death toll jumps to 247 – The Sydney Morning Herald

Thanks for reading. This is Matt Bungard signing off. We’ll be back tomorrow with more live, free coverage of the coronavirus pandemic. This is what you need to know from today: Victoria has recorded its highest single-day increase in new coronavirus cases since the start of the pandemic. It’s a…

5.Aug, 2020 0

Jobkeeper crackdown cuts 9,000 Australian businesses off from further payments – The Guardian

A crackdown on jobkeeper compliance has cut off 9,000 businesses who had been receiving the wage subsidy, as accountant groups and small business advocates warn that tough eligibility requirements which exclude recent start-ups could stifle entrepreneurship and halt “Australia’s next Atlassian”. The warning of a potential lull in new businesses…

4.Aug, 2020 0

Closing and reopening during coronavirus shutdown rollercoaster takes toll on businesses – ABC News

Inner-Sydney restaurant NOMAD remains shut, but it was not the coronavirus pandemic that forced it out of action initially. Key points: Shutting down a business can be costly and involve costs of storage, loss of perishable goods and meeting “make good” clauses in leases The Bureau of Statistics says 24pc…

4.Aug, 2020 0

Virgin Australia set to announce job losses, relaunch plan – Sydney Morning Herald

Virgin Australia is set to announce key details about its plans for the future under new owner Bain Capital, including how many of its 9000 workers will retain their jobs. The airline, which went into voluntary administration in April with debts of $6.8 billion, is also expected to announce the…

4.Aug, 2020 0

China hits 48.8pc of Australian exports – The Australian Financial Review

As a share of GDP, NAB estimates that the June quarter trade balance was worth 5 per cent of GDP, up from the March quarter’s 3.8 per cent. Mr Strickland said the trade balance could add around 1.25 percentage points to overall June quarter GDP. The June quarter is usually…

4.Aug, 2020 0

Australia’s trade surplus lifts – MacroBusiness

The Australian Bureau of Statistics (ABS) released trade data for the month of June, which registered a solid lift in Australia’s trade surplus to $8,202 amid solid (3%) export growth: YOU MAY ALSO BE INTERESTED IN Australia News feed

4.Aug, 2020 0

Australian trade with China surges as rest of the world falls – Sydney Morning Herald

An analysis of Australian Bureau of Statistics figures shows while total trade between Australia and the rest of the world fell by 3.7 per cent year-on-year, it rose by the same amount with China, knocking off more than $2 billion out of an overall drop of more than $7 billion….

4.Aug, 2020 0

The innovations keeping small business alive | The Lighthouse – Macquarie University

The coronavirus pandemic has undeniably hit the majority of small businesses hard and many have had to close their doors. Those that are surviving are doing so through a combination of innovation and imagination. Innovative thinking: bakery owners who delivered free doughnuts to hospital staff were able to secure COVID-safe…

4.Aug, 2020 0

Coronavirus Australia live updates August 4: Record fines for isolation breaches revealed; 439 new cases in Victoria, 11 more dead; 12 new NSW cases; Nation’s cash rate stays at 0.25 per cent; Police officer ‘assaulted’ by woman over mask | Breaking – 9News

By Chanel Zagon07:00 Active aged care outbreaks with the highest cumulative case numbers: – 142 cases have been linked to St Basil’s Homes for the Aged in Fawkner – 135 cases have been linked to Epping Gardens Aged Care in Epping – 110 cases have been linked to Kirkbrae Presbyterian…