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Victorian businesses slam Dan Andrews for lockdown that will cost the state $2.3billion - Vimarsana News

Victorian businesses slam Dan Andrews for lockdown that will cost the state $2.3billion

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 Melbourne's Holiday Inn quarantine hotel outbreak. Victorian business community is demanding more clarity on potential futur...

Reporting season continues with record dividend from Rio Tinto, Webjet loss and Treasury Wines profit slide - Vimarsana News

Reporting season continues with record dividend from Rio Tinto, Webjet loss and Treasury Wines profit slide

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 miner's 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 half-year loss, while Treasury Wine Estate's profit has dropped 43pc Westpac says its profit improved...

Source: abc.net.au
Corporate Travel says Aussie bounce evidence of resilience - Vimarsana News

Corporate Travel says Aussie bounce evidence of resilience

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

Source: afr.com
Consistent and fair lockdown rules necessary in Victoria - Vimarsana News

Consistent and fair lockdown rules necessary in Victoria

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 manufacturers which were exporting to other states and overseas, but the constant changes in the restriction fra...

Afterpay, Zip caught in UK regulatory crackdown - Vimarsana News

Afterpay, Zip caught in UK regulatory crackdown

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 amount of regulation, and a review for the UK’s Financial Conduct Authority (FCA) said there was an ur...