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COVID vaccine Australia: Westpac launches Western Sydney COVID-19 jab program


Aug 4, 2021 – 9.18am
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Westpac will begin a pilot program to get coronavirus vaccines into the arms of thousands of employees and their families to help quell the western Sydney outbreak.
The bank has designed the scheme in partnership with the federal government’s Operation COVID Shield to complement the existing vaccine rollout.
Westpac chief executive Peter King said the health and safety of the bank’s employees was a top priority and said staff would be able to book appointments from August.
Westpac’s Peter King “We are committed to doing what we can to get more people jabbed.”  ....

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Thanks Josh! Why the banks love the budget


Thanks Josh! Why the banks love the budget
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By Elizabeth Knight
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When the chiefs of Australia’s four banks went to bed after listening to Treasurer Josh Frydenberg deliver a massive spending budget, they surely counted dollars rather than sheep.
These days our domestically focused banks generate profit growth on the back of increasing lending to home buyers and to small and medium sized business customers.
The budget delivered ingredients to bolster both - particularly business. So it comes as no surprise that the big banks were quick to deliver a robust thumbs up to the policy measures. ....

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Business push for cloud computing to be tax deductible


Business push for cloud computing to be tax deductible
May 3, 2021 – 6.21pm
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Westpac chief executive Peter King’s push into cloud computing is setting up a debate over what government should allow businesses to depreciate in order to move faster into the digital economy.
“Cloud has a massive role to play in the future,” Mr King said.
Westpac CEO Peter King says cloud computing is essential.  
Dominic Lorrimer
Capital investment in software, which is considered an intangible asset that can be depreciated, rose to $4.6 billion in the December quarter, up for the third quarter in a row according to the Australian Bureau of Statistics. ....

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