In the same breath of air, Prime Minister Scott Morrison has stressed practices to prevent the community spread of COVID-19 whilst also encouraging parents to utilise a $1.3 billion stimulus package which will make childcare free. It’s clear that Mr Morrison has no idea how childcare centres function. At a time when Australia faces an
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Amidst the national lockdown to prevent the spread of COVID-19, the government has encouraged allied healthcare providers to remain open with many of these being essential community services capable of alleviating pressure from the public health system. In his national address on Tuesday night, it was emphasised by Prime Minister Scott Morrison that “health-related services
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As we have previously written, investors need to keep an eye on company announcements for further clarity on near-term impact from COVID-19 as Feb-20 updates/commentary were largely redundant by the end of February. In this regard, we have been keeping up with the recent ASX company announcements across a diverse range of companies to get
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Following last night’s national address by Prime Minister Scott Morrison, introducing an overseas travel ban, Virgin Australia (ASX: VAH) has made the difficult decision to ground 125 of its aircraft and stand down 80 per cent of its workforce. The move follows a similar one employed by Qantas (ASX: QAN) however, Virgin’s greater reliance on
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Due to the recent coronavirus pandemic sweeping the globe, James Hall reports that the Australian dollar has just hit a record low of 55 US cents – its lowest value in 18 years. In addition, the emergency interest rate was reduced to 0.25 percent by the Reserve Bank of Australia (RBA), which was a pending decision previously
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As the government has tightened restrictions on mass gatherings from 500 to 100 people and emphasised the importance of social distancing, many people have been left feeling confused and anxious with exemptions including public transport, schools, and workplaces, just to name a few. Yet an increasing number of institutions seem to be taking it upon
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