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'Numbing. Surreal': Businesses in Victoria brace for impact of fourth coronavirus lockdown

Share on Twitter On day one of Victorias fourth coronavirus lockdown, Melbourne bar and restaurant owner Greg Sanderson knows the drill.  He has a checklist: break news to staff, finalise the cancellations from wine events and festivals, and organise how to deal with food spoilage.  READ MORE Mr Sanderson said he is bracing himself for an expected financial loss in the hundreds of thousands of dollars.  "The reaction was just numbness to be honest. It has been such a rollercoas...
United States South Melbourne Tim Piper Greg Sanderson James Merlino Australian Industry Group
Source: sbs.com.au

Victoria pleads for federal aid for suffering businesses

Victoria pleads for federal aid for suffering businesses May 28, 2021 – 3.55pm Share The Victorian government has requested financial aid from the federal government to help businesses through the seven-day lockdown, with a support package worth around $200 million to be announced as early as Sunday. In the meantime, the Morrison government has approved the use of 160 Australian Defence Force troops to assist with the doorknocking of people in quarantine. Victoria’s Acting Premier James Mer...
Port Melbourne Arsineh Houspian Tim Piper Jeroen Weimar Tim Pallas Greg Hunt
Source: afr.com

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Victoria COVID: State records four new local COVID-19 cases amid first day of lockdown

In a late alert on Friday evening, the Health Department said the details of the 20 locations had been urgently added to the state’s growing list of exposure sites and that it was working with the person’s employer to track down contacts. It comes after health authorities identified five bars and pubs as being exposure sites of significant concern when revealing a new COVID-19 case in Melbourne had caught the virus on a night out. “If you have been to those locations you have been out par...
South Australia South Melbourne Howard Springs Northern Territory Port Melbourne Paul Guerra

Zip Co muscles into Europe and Middle East amid BNPL land grab

Zip Co muscles into Europe and Middle East amid BNPL land grab We’re sorry, this service is currently unavailable. Please try again later. Dismiss Save Normal text size Advertisement Afterpay rival Zip Co has made the next move in the global buy now, pay later (BNPL) land grab, snapping up operators in Europe and the Middle East for a combined price tag of $160 million. ASX-listed Zip said on Monday it was aiming to crack into the European market through the acquisition of Twisto, which co...
Tim Piper Roland Houghton United Kingdom Milford Asset Management நேரம் பைபர் ஒன்றுபட்டது கிஂக்டம்

Major banks getting choosy on mortgage customers: Pepper CEO

Major banks getting choosy on mortgage customers: Pepper CEO Share The chief executive of Pepper Money, which will list on the ASX on Tuesday, says major banks are getting more selective about the mortgage customers they take on, which should help the non-bank lender grow as it targets “non-conforming” borrowers. Mario Rehayem said major banks were finding it tough to process mortgage applications quickly because they were too big to conduct bespoke assessments on borrowers who fell outside...
Tim Piper Andrew Lyons Australian Venue Co Goldman Sachs Liberty Financial Trobe Financial
Source: afr.com

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