Page 13 - Tim Piper News Today

Shaken from a third Covid-19 lockdown, the Victorian business community is demanding more clarity on potential future shutdowns as the state government draws up a support package. Victorian retailers and hospitality venues are able to reopen from Thursday, with Premier Daniel Andrews announcing the five-day circuit breaker will end as planned. While welcome news for traders, the national employer association has questioned whether the shutdown was necessary to rein in Melbournes Holiday Inn qua...

Reporting season continues with record dividend from Rio Tinto, Webjet loss and Treasury Wines profit slide Posted TueTuesday 16 updated WedWednesday 17 Rio Tinto lifted iron ore shipments and production as demand from China drove up prices. ( Print text only Cancel Rio Tinto shareholders were set to receive a record dividend after the miners profit rose 22 per cent. Key points: Rio Tinto will pay a final dividend of $US3.09 plus a special dividend of $US0.93 per share Webjet has reported a ha...

The outfit posted a half-year loss of $36.4 million and will not pay a dividend.

Date Time Consistent and fair lockdown rules necessary in Victoria The Australian Industry Group has called on the Victorian Government to create lockdown rules in the state which are consistent and fair. According to the Victorian Head of the Ai Group, Tim Piper: “The lockdown restrictions have caused great confusion to Victorian businesses, because they continually change. “In the recent lockdown rules we were pleased that government listened to our concerns, particularly for manufacturer...

More customer checks on cards as Afterpay, Zip caught in UK crackdown We’re sorry, this service is currently unavailable. Please try again later. Dismiss 8.34am Normal text size Advertisement Afterpay and Zip Co could be forced to conduct more detailed checks on United Kingdom customers, potentially dampening the industry’s growth after a government review said the buy now, pay later (BNPL) boom was putting some customers at risk. As usage of BNPL products surges, investors expect some amou...

Date Time Greater flexibility and efficiency for business with return of more workers “The welcome return of more workers to Victorian offices will provide greater flexibility and efficiency for business as they adjust to a new way of working,” Victorian Head of Ai Group, Tim Piper, said today. “This new way of work will be different for each business and the increase in the number of workers allowed back into offices provides flexibility to implement the arrangements that best meet the n...

Temple & Webster eyes $1b in sales as homewares shift online Share EBITDA ($m) 14.8m up 544pc from $2.3 Online retailer Temple & Webster is stepping up investment in products, technology, marketing and staff in a bid to lift sales to $3 million a day or more than $1 billion a year over time. Australia’s largest pure-play online furniture and homewares retailer enjoyed its first $3 million sales day in November as consumers spent money they would otherwise have outlaid on international travel ...

Remembering Jimmy Moran REDDITCH champion Jimmy Moran has passed away at the age of 57. In 1986 Moran won gold for England at the Commonwealth Games in Edinburgh. That same year he won the ABA championships at light-heavyweight for Austin ABC. The following year he became a two-weight ABA champion, beating Henry Akinwande in the heavyweight final. He declined offers to turn professional and retired from boxing, content with his achievements in the sport. Moran remained a popular figure and was ...

Zip is raising up to $150 million for its international expansion, stretching from the US to the Middle East Jack Derwin Zip co-founder and CEO Larry Diamond. Zip is getting ready for a more aggressive global expansion, eyeing the US, Middle East, Europe, and the UK. On Thursday, it announced it had raised $120 million from institutional investors with as much as $30 million more to come from shareholders. Much of that money will be used to grow QuadPay in the US, while also e...