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Coronavirus update: China's Hubei province lowers emergency response level

The initial epicentre of the coronavirus outbreak will lower its emergency response level from tomorrow. These are the key coronavirus developments from Friday.





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Company buys coal mine for $1 and receives $35 million environmental refund. Here's how

A company linked to Labor figures that bought a mine for just $1 enjoyed multi-million-dollar refunds from its environmental bond after concessions from the Palaszczuk Government, documents show.





3

'No going back to everything the way it was': ANZ boss warns of 'slow grind' recovery

ANZ's chief executive warns the Australian and New Zealand economies will be reshaped by the COVID-19 pandemic and take years to recover from the economic fallout.




3

Key points from the Prime Minister's latest press conference

The Prime Minister and Chief Medical Officer urge people to download the tracing app to speed easing of restrictions, while another large support package to help keep aged care resident safe is announced.




3

Pub owners to pay $380,000 in damages over secret beer tap deals

The directors of a prominent Adelaide hotels syndicate are ordered to pay $383,000 to their former business partners after a court found they concealed deals with major breweries over access to beer taps.




3

Tesla shares tumble after Elon Musk tweets they're too expensive

Elon Musk has seen Tesla's share price falling after a series of unusual tweets, including saying he would sell all his possessions.



  • Business
  • Economics and Finance
  • Science and Technology
  • COVID-19
  • Diseases and Disorders

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These waters off South Africa have gone quiet, and 'huge alarm bells' are ringing

Care about sustainable seafood? The waters off South Africa's iconic False Bay have "gone quiet", and experts believe it could be linked to your weekend fish and chips.




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Indonesian zoos facing financial strain could 'feed herbivores to the carnivores' amid pandemic

Some 70,000 animals across Indonesia, including members of critically endangered species, are at risk of starvation as zoos struggle financially due to social distancing restrictions amid the coronavirus pandemic.




3

In what's left of the Australian TV industry after coronavirus, will the next Secret Life be made?

Some are warning Australia's television industry is facing a crisis that could affect how much viewers pay for entertainment in the future, and whether the kinds of shows that have been hits in the past will continue to be made.




3

In the middle of an economic crisis, one sector is experiencing a surprise 'COVID surge' in jobs

While the economic tsunami of coronavirus shutdowns hammers most sectors, WA's resources industry has jobs created on mine sites where providers of support services like catering, cleaning and maintenance are in high demand to keep mine sites safe.




3

On World Press Freedom Day, Malaysia investigates journalist over 'provocation'

Police in Malaysia confirm they are investigating a journalist over her reporting on mass raids targeting migrants and refugees amid the COVID-19 pandemic.




3

COVID-19 losses just the start of Westpac's woes amid escalating money laundering, tax problems

Westpac joins ANZ in deferring its interim dividend as it braces for the financial impact of COVID-19, but mounting issues around money laundering and tax reporting may cost it almost as much.




3

Majority of shut-off WA businesses 'confident' they will survive pandemic

The coronavirus pandemic is understandably weighing heavily on the business sector, but there are early signs of green shoots as one state begins to open up.




3

Canberra petrol stations to face 'weekly fuel price challenges' as cost drops to $1 per litre

Canberra petrol retailers will need to meet weekly fuel price targets to avoid the ACT Government regulating the market, despite prices dropping to about $1 per litre after the Chief Minister threatened to cap margins.




3

Bank regulator asks ME to explain why it took money from customers' redraw accounts

The financial regulator has asked ME Bank to explain why it has taken cash from accounts linked to its customers' home loans to reduce the risk of mortgage default.




3

Couple's battle for $10,000 luxury holiday refund as hundreds consider class action

James and Victoria Sylvester were refused a refund when their $10,000 holiday to Dubai was cancelled because of coronavirus. Now hundreds of consumers in similar situations are considering launching a class action.




3

Service stations 'on the edge' of collapse despite record petrol profit margins

While oil and wholesale fuel prices have been at two-decade lows, pump prices have not come down so quickly or consistently across the country. But service station owners say they too are struggling to survive the COVID-19 downturn.




3

Work begins on the Gold Coast's $1 billion Pacific Motorway upgrade

Work begins on the Gold Coast's $1 billion Pacific Motorway upgrade, with promises it will benefit motorists and the economy.




3

Security worker jailed for stealing $340,000 from Catholic Church to fund 'indulgent' lifestyle

An Adelaide mother is jailed for stealing from the Catholic Church to pay for expensive overseas holidays and indulgent consumer goods, while a former accountant is also sentenced for stealing from his clients.




3

'They got us a beauty': Farmers speak up about falling victim to tractor ad scam

One WA couple who fell victim to a tractor ad scam wants others to know about the dangers, as NT Consumer Affairs uncovers more than 20 similar sites.




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COVID-19 checklist released: Here's what NT businesses must do before reopening ahead of May 15

Are you a business that wants to reopen on May 15? The Government has released the COVID-19 Safety Plan checklist you must complete before doing so.




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Corporate giants warn coronavirus exodus means Sydney's CBD will never be the same again

As the Government begins easing social-distancing restrictions, there are doubts once-bustling workplaces in Sydney's CBD will ever return to the way they were.




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Women bearing brunt of COVID-19 job losses 'suddenly' stripped of financial independence

New data shows how hard the impact of the coronavirus has been on women's jobs as a leading economist worries about the long-term impact for women in the workforce.




3

Foxtel 'threatened with extinction' within a few years as streaming services cannibalise revenue

Under siege from much cheaper rivals and with lenders unwilling to support it, pay TV operator Foxtel is increasingly looking like a threatened species.




3

The US meat industry has been crippled by coronavirus. Here's why that won't happen here

US meatworks have been epicentres for coronavirus outbreaks and shutting them down has disrupted the supply chain. But Australia is set up differently.




3

Virgin Atlantic lays off thousands of staff as more trouble hits Richard Branson's brand

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.




3

'A rip-off and a rort': Residents have their say as ACCC questions ‘higher than expected’ NT fuel price

Michael Gunner issues his "first and final warning" to petrol companies to take action as the ACCC puts in its two cents on the NT's comparatively high fuel prices.




3

'There's got to be a better way': Exploration company pushes to reduce plastic bags

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.




3

Is anyone buying 'fake meat' during a global pandemic?

It was the first alternative-meat company to debut on the American stock exchange. But how is Beyond Meat coping 12 months on during a global pandemic?




3

Historic burnt-out cottage and house overlooking gorge attract $3.2 million price tag

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.





3

'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.




3

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.




3

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.




3

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.




3

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.




3

'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.




3

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.





3

'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".




3

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.




3

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.




3

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.




3

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.




3

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.




3

'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.




3

As the day unfolded: Scott Morrison says Australia's COVID-19 restrictions to remain in place for at least four weeks, nation's death toll stands at 65

If you suspect you or a family member has coronavirus you should call (not visit) your GP or ring the national Coronavirus Health Information Hotline on 1800 020 080.




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'Let us out, let us live in peace': Tamil mum asks to go home to Biloela

Fresh from victory in the Federal Court a Tamil mother wants government to give her family a normal life in Australia after two years in detention.