The Australian government has scrapped a decision to limit hairdresser appointments to just 30 minutes, just 24 hours after the new rules were announced, despite the industry saying it would rather be shut down. On Tuesday night, the National Cabinet, made up of the Prime Minister and state and territory leaders announced the new… Read more »
The closure of restaurants and cafes – among many other small businesses – by the Morrison government in response to the growing coronavirus has seen them pivot quickly to takeaway food in order to generate cash flow and hopefully survive. For global tech companies with food deliveries it’s been like shooting fish in a barrel,… Read more »
NSW residents will cop a $1,000 on-the-spot fines for failing to observe social distancing laws, and corporations, $5000, under new powers introduced by the state government. Police are urging people to dob in individuals or businesses breaking COVID-19-related directions to Crime Stoppers. The NSW Public Order and Riot Squad will be especially equipped with face… Read more »
Victorian Premier Daniel Andrews has warned that stricter lockdown measures will be coming to his state, less that 12 hours after Prime Minister Scott Morrison banned international travel, property auctions, food courts and limited weddings to five people, among a range of increased isolation measures. While the federal government has begun incrementally increasing restrictions every… Read more »
NEW LAWS FROM MIDNIGHT, MARCH 25 BANNED International travel (except for essential workers) Real estate auctions, open houses, and other auctions Food courts in shopping centres, except for takeaways (shopping centres remain open) Wellness and yoga centres, barre and spin facilities Indoor and outdoor play centres, youth centres and swimming pools Social sporting activities Spas,… Read more »
Editor’s note: This article is based on the coronavirus and COVID-19 situation as of March 23. It’s important to remember that the situation is rapidly developing and official advice may change. If the flurry of new orders released in the last 24 hours has you feeling confused about what’s OK and what’s not when it… Read more »
Xinja Bank will receive A$433 million over 24 months, including $160 million initially The Abu Dhabi backers are leading global banking investors The funding will help the neobank grow as it launches personal loans and mortgages The raise comes as Xinja concludes a $50m equity crowdfund An United Arab Emirates investment company is backing Xinja… Read more »
Victorian schools will start holidays on Mar 24, until Apr 14 NSW is advising parents to keep children at home, but is keeping schools open for essential workers Venues such as clubs, pubs, cinemas, gyms and places of worship will close from noon today Restaurants and cafes can serve takeaway only Western Australia, South Australia… Read more »
Pubs, gyms, restaurants, clubs, casinos and even churches will be forced to close from midday on March 23 under increased social distancing rules being implemented by the federal government. Prime Minister Scott Morrison announced the national closure of a range of indoor venues following a meeting with state and territory leaders on Sunday evening. Earlier… Read more »
NSW and Victoria will shut non-essential businesses in the next 48 hrs Supermarkets, petrol stations, pharmacies and home delivery are among services that will stay open Victorian schools will start holidays from March 24. NSW schools have begun to cancel classes on Monday Western Australia, South Australia and the Northern Territory will close their borders… Read more »
SMEs will receive at least $20,000, and up to $100,000 in 2020, to keep employing staff Sole traders who lose more than 20% of income will be able to access their super The government will guarantee 50% of unsecured business loans up to $250,000 The bankruptcy laws will be softened, along with company director personal… Read more »
The Australian Banking Association announced a range of measures by the nation’s leading financial institutions on Friday as part of the response to the economic crisis caused by the COVID-19. The measures follow an $80 billion pledge by the RBA to buy government bonds to support the banks in lending to small and medium… Read more »
Banks will offer small businesses a six-month deferral on their business loan repayments as part of the finance sectors response to Covid-19. Australian Banking Association CEO Anna Bligh said the move will “deliver up to $8 billion back into the pockets of small businesses” across more than $100 billion worth of business loans Bligh said all… Read more »
Small businesses in Canberra will get a $750 rebate on their power bill, payroll tax waivers and deferments and a $622 credit on their commercial rates bill under a $137 million stimulus package announced by the ACT government. Chief Minister Andrew Barr said it was just the initial response by the territory government to a… Read more »
Many startups already have their teams working from home. While many already operate under flexible working conditions, for others it’s a new experience. So we asked five leaders in the startup sector for their tips on how to get the best out of teams when you’re not together. Here’s what they said. Simon Lee, co-CEO… Read more »
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