Just weeks after Virgin Australia goes into voluntary administration, UK-based Virgin Atlantic is forced to lay off thousands of workers as the coronavirus pandemic takes a heavy toll.

A small exploration company drilling for gold in Western Australia's Goldfields wants to change the perception that the resources sector is a "dirty industry" by using biodegradable bags for drill samples.

The two cottages are up for sale in a historic part of Launceston but one of the buildings will likely cost hundreds of thousands to repair.

The state's peak body for local councils is calling on the Victorian Government to help more than 5,000 council staff who are without work and ineligible for JobKeeper, amid calls for a rates freeze for property owners.

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

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.

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.

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.

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.

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.

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.

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

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".

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.

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".

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.

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.

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

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.

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

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.

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.