business and finance

'You want $750 a week for doing nothing?': A boss argued his employees should work more hours for JobKeeper

Whether or not employers can demand eligible JobKeeper workers do extra shifts to meet the $1,500-a-fortnight payment is causing confusion and chaos in the hospitality industry.




business and finance

As Queensland's mild winter looms, calls to reopen the state get louder

Regional Queensland communities with no coronavirus cases want to reopen their businesses, saying their local economies should not suffer because of outbreaks in the state's south east.




business and finance

Almost 7,000 square kilometres of land to be released for coal and gas exploration in regional Queensland

Almost 7,000 square kilometres of land will be released for coal and gas exploration in central and north Queensland as part of measures to ensure the survival of the resources sector through the coronavirus pandemic, the State Government says.




business and finance

Hemp smoothies, muesli among creative uses of first edible organic crop

Australia's largest organic edible hemp crop is being harvested in Victoria's north west with agronomists talking up its food and fibre potential.




business and finance

An unthinkable event tore Fremantle's heart out, just as the port city was on the brink of renewal

A major redevelopment was hoped to revitalise WA's historic port city, but the coronavirus pandemic has instead left businesses empty with workers, tourists and locals forced to stay away.




business and finance

Coronavirus has delivered some scary numbers for Europe, and more are ahead — the financial cost

The collective European economy will contract by 7.7 per cent this year and debt will skyrocket, with Italy, Greece, Spain and Portugal among the hardest hit by the economic effects of the coronavirus pandemic.




business and finance

ASX falls, miners rise as iron ore drives record trade surplus

The Australian share market falls but iron ore mining stocks make gains after Australia posted a $10.6 billion trade surplus in March and iron ore exports rose.




business and finance

Mother's Day visits off the table as Victorian Premier defends coronavirus contact tracing efforts

Premier Daniel Andrews defends the work of contact tracers as 13 more coronavirus cases are linked to a cluster at Cedar Meats in Melbourne's west.




business and finance

In the middle of a global pandemic, a new live-export company emerges

A new player emerges in Australia's live-export industry, with its maiden voyage due to leave Townsville port tonight.




business and finance

ICAC investigating alleged 'improper conduct' by university vice-chancellor

South Australia's Independent Commissioner Against Corruption confirms he is investigating allegations of improper conduct by the vice-chancellor of the University of Adelaide.




business and finance

How soon will music festivals return?

Some festivals are pushing ahead with dates for later this year, despite uncertainty around how to safely mingle once public gathering laws are eased and what the spread of the virus will look like in the second half of 2020.




business and finance

'There's going to be enormous poverty': Research points to big surge in renting

Logic suggests a coronavirus slump may provide a window of opportunity for first homebuyers to enter the market. But a new report suggests the opposite may be true.




business and finance

Gas leak at LG Polymers plant in India kills 11, hospitalises hundreds

At least 11 people have been killed and hundreds more are in hospital after a chemical gas leak at an LG Polymers plant in southern India.



  • Disasters and Accidents
  • Government and Politics
  • Death
  • Pollution
  • Disasters and Safety
  • Oil and Gas

business and finance

Commonwealth Bank temporarily closes 114 branches due to coronavirus impacts

CBA says today's closure of 114 branches nationwide is temporary and due to a massive increase in online and telephone banking.




business and finance

TPG-Vodaphone $15b merger in shareholders' hands after clearing hurdle

Vodaphone Hutchison Australia's boss says the deal is now a step closer to reality and plans are in place to bring the two companies together mid-year.




business and finance

Cotton On reviews decisions on hundreds of workers it ruled out of the JobKeeper program

The retail giant Cotton On reverses its decision to exclude 200 staff from the JobKeeper program as it faces uproar from casual workers who say they are being unfairly denied the wage subsidy.





business and finance

'Nothing changes today': Victorians must wait until Monday to learn when shutdown measures will ease

Premier Daniel Andrews says his Government will explain changes to the state's coronavirus restrictions on Monday, after the National Cabinet agrees to a three-step process of lifting restrictions to create a "COVID-safe economy".




business and finance

An industry which employs 120,000 people in WA is at an historic low after it was hit hard and fast

The rate of new homes being built in WA falls to a historic low, as the housing industry is hit by the economic fallout from the coronavirus pandemic just after it was emerging from a five-year slump.




business and finance

SunRice looks to environmental water, subsidies, government intervention as solutions for harvest

SunRice says it will guarantee Australian-grown rice returns to supermarkets in April if the Murray-Darling Basin Plan is changed so environmental water can be used to grow rice.




business and finance

Is your steak safe to eat? Abattoir coronavirus outbreak leaves consumers wondering

A coronavirus outbreak at a Melbourne abattoir has left consumers wondering about food safety — but experts say meat is still very safe to eat, and any risk is "ridiculously small".




business and finance

Banks defer repayments on more than 600,000 loans, Macquarie halves dividend

Australian shares rise, including Macquarie Group, despite slashing its dividend. The Australian Banking Association say a further 100,000 loans were deferred over the past week.





business and finance

Queensland's mine minister refuses to resign following Moranbah mine blast

Anthony Lynham is under pressure from the Opposition to "fall on his sword" over the latest mining disaster, which saw four men critically injured in an underground blast at Anglo American's coal mine in central Queensland.




business and finance

Environmental hit as bins fill to the brim with disposable coffee cups

Disposable cups are currently the only option for most cafe owners to provide takeaway coffee to customers, but environmentalists are worried about the consequences.




business and finance

Government delays banking overhaul recommended by royal commission

Reforms recommended by the Banking Royal Commission, which uncovered widespread financial misconduct, will be delayed so the financial industry can recover from the coronavirus crisis, Treasurer Josh Frydenberg announces.




business and finance

Fifty trains out of service as fault forces Adelaide passengers to 'pack like sardines'

The number of Adelaide rail services has been radically reduced after a mechanical fault, with remaining trains becoming packed with passengers apparently in breach of social distancing.




business and finance

South Australia set to reopen as authorities relax social distancing

SA's Premier announces a sweeping repeal of many of the state's current coronavirus restrictions, with outdoor dining at restaurants and cafes to resume from Monday — but caps on gatherings will remain.




business and finance

Brazil on verge of economic collapse and food shortages, leaders warn

Brazil's President says steps must be taken as soon as possible to bring Latin America's largest economy out of "intensive care", as controversy continues over the Government's handling of the coronavirus crisis.




business and finance

ME Bank responds to customer outcry over missing cash

After thousands of customers reported missing money from mortgage redraw facilities, the bank apologises for not communicating with customers and promises to do better.




business and finance

US economy 'on life support' as unemployment soars to nearly 15 per cent

The US economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression, but President Donald Trump says "all those jobs will be back" very soon.




business and finance

Who cops the bill? Students, landlords clash over who's to pay for housing amid pandemic

University students and their landlords are at loggerheads over who should pay for accommodation neither can use after students were sent packing.




business and finance

Just 100m separated these similar Sydney homes — here's why the price difference was $200,000

A Sydney home sold just before COVID-19 restrictions came down in NSW for $200,000 more than a similar house around the corner — a real estate agent says online auctions are to blame for the price difference.




business and finance

Restaurateurs, publicans say rules to reopen not financially viable with 10-person limit

Many Queenslanders rejoice that some coronavirus restrictions will soon be lifted but what does this mean for the state's restaurateurs and publicans?




business and finance

'They're really struggling': Should personal finance be a subject in high school?

Young Australians need to be prepared now for the next major financial shock as the coronavirus pandemic reveals some families do not understand the long-lasting impact of the decisions they are making, experts say.




business and finance

One third of NT budget repair plans in place, one year after warnings of debt crisis

One year after releasing its plan to drag the NT budget out of structural deficit, the Labor Government says a third of its promises have been implemented in full. But some key measures are still in the works and the Opposition is demanding a better look at the books.




business and finance

Live from the loungeroom: How performers are innovating to survive

Entertainers speak of the shock of COVID-19 restrictions on their working lives and what they've had to do to keep audiences — and money — coming in.




business and finance

Coronavirus cases rise as Victorians wait for restrictions to be eased

Eleven new coronavirus cases are identified in Victoria, four linked to the cluster at Cedar Meats, as infection rates fall in other states. Meanwhile, the Government is urging people not to abandon the restrictions before an announcement is made on Monday.




business and finance

Canada's trade deficit widens to $1.4B in March as exports and imports fall to lowest levels in years

Canada's trade deficit widened to more than $1.4 billion in March, as the COVID-19 pandemic dragged down both imports and exports to their lowest levels in years.




business and finance

Can the cruise industry stay afloat after COVID-19? Norwegian and Carnival plot uncertain course post-pandemic

The world's third-largest cruise ship operator cast doubt on its ability to stay afloat as a company for much longer, even as one of its biggest rivals said it is taking its first tentative steps toward reopening after COVID-19.




business and finance

Anxious about COVID-19 and returning to work? Here's what you need to know

With more businesses reopening, some employees are anxious about going back to work, worried their health could be at risk and wondering if they have any rights not to return. Here's what you need to know about your employment obligations if you are called back to work and any recourse you may have.




business and finance

Shopify surges past Royal Bank for title of most valuable company in Canada

Shares in Canadian e-commerce firm Shopify Inc. surged on Wednesday after the company said more and more businesses are signing up for the its online selling platform during the COVID-19 pandemic.




business and finance

Bombardier starts gradual resumption of manufacturing, reports Q1 loss

Bombardier Inc. said it has started the gradual resumption of manufacturing operations at both its aircraft and rail operations that had been closed due to the COVID-19 pandemic, as it reported a loss of $200 million US in its first quarter.




business and finance

Like giant ice cream trucks, supermarkets on wheels get ready to roll into the neighbourhood

Shoppers tired of waiting in line outside a supermarket, or trying to secure a slot with one of the overbooked grocery delivery apps, have new options to bring groceries home. Startups and established companies alike are eager to offer Canadians fresh alternatives during the COVID-19 lockdown and beyond.




business and finance

General Motors to restart production in St. Catharines next week

General Motors says it plans to restart some production at its engine plant in St. Catharines, Ont. next week ahead of a wider restart of North American operations the week of May 18.



  • News/Canada/Hamilton

business and finance

Another 3 million Americans filed for jobless benefits last week

Some 3.1 million Americans filed for government jobless benefits in the week ended May 2, bringing the total number of newly unemployed people since the pandemic began to more than 33 million.




business and finance

Greyhound Canada shuts down all routes due to COVID-19

Greyhound Canada will halt all of its bus routes in Canada starting May 13 because of the coronavirus.




business and finance

CPP-owned retailer Neiman Marcus files for bankruptcy

Neiman Marcus, the 112-year-old storied luxury department store chain, has filed for Chapter 11 bankruptcy protection, the first department store chain to be toppled by the coronavirus pandemic.




business and finance

Canadian shoe chain Aldo seeks creditor protection, citing pandemic pressure

Montreal-based shoe chain Aldo Group is seeking protection from its creditors in Canada, the United States and Europe because of disruptions caused by COVID-19.