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Home2020April

Month: April 2020

Business

Deloitte confident Virgin will keep flying

April 30, 2020 afndaily 0

Virgin Australia’s administrators Deloitte is confident of attracting a buyer for the debt-laden airline but won’t revealing the identity of any potential suitors. At least 20 parties have expressed interest in the sale of Australia’s […]

Business

Newcrest announces $1.1b capital raising

April 30, 2020 afndaily 0

Australia’s largest listed goldminer has announced a $1.1 billion equity raising, in part to fund its $US460 million ($A703 million) further stake in a goldmine in southeast Ecuador. Newcrest Mining’s capital raising consists of a […]

Markets

COVID gold surge boosts Aust export prices

April 30, 2020 afndaily 0

Investors turning to safe-haven bullion and soaring demand for scrap metal helped push Australian export prices higher during a COVID-affected March quarter, but this was offset by softer petrol demand amid widespread lockdowns.  The nation’s […]

News

Aged care operators beg for extra funding

April 30, 2020 afndaily 0

Aged care providers are begging for more federal government funding to help them survive the coronavirus pandemic. Nursing home operators have calculated they are receiving just $2 extra per day for every resident, which is […]

Business

ANZ defers payout as H1 profit plunges 62%

April 30, 2020 afndaily 0

ANZ will hold off paying shareholders an interim dividend as its first-half cash profit plunges 62 per cent on a $1 billion COVID-19 hit, and the prospect of more pain to come. The big four […]

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Top Article

  • More Victorian tourism vouchers released
  • YouTube bans Trump for another week
  • Tourism operators appeal for more support
  • Tyro close to restoring EFTPOS connections
  • Employment weakened in final weeks of 2020
  • Safety comes first with virus vaccine: PM
  • Brisbane edges toward restrictions lifting
  • Australian Open boss expected COVID cases
  • Virus accelerates business online shift
  • Overseas travel remains unlikely this year
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