Latest News for: Melbourne banks

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Lockdowns without end leave Australia on the brink of another recession as Treasurer confirms country ...

The Daily Mail 22 Jul 2021
Restrictions in Sydney, Melbourne and Adelaide are already costing an estimated $2.1billion a week. Treasury and the big banks are forecasting the economy shrinking in the September quarter as a result of shops being shut in July, August and September in Australia's two biggest cities.
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‘It’s brought my business to its knees’: Melburnian reveals impact of 180 days in lockdown

The Daily Telegraph Australia 22 Jul 2021
Willow Tree Events owner Racha Sleiman says her business has been “brought to its knees” by Melbourne’s lockdowns – now totalling 180 days.
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Crown “Not Suitable” For Melbourne License

The Tennessee Tribune 20 Jul 2021
MELBOURNE, Australia — Crown, a resort located on the south bank of Australia, is not suitable to hold a license for its Melbourne casino, a royal commission has been told ... “After all of the evidence presented in these hearings, it remains clear that Crown Melbourne is not presently suitable to hold the casino license,” said Finanzio.
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Australia's biggest bank promises no one will be kicked out of their home until February ...

The Daily Mail 19 Jul 2021
Australia's biggest home lender is promising no one will be evicted from their home until February 2022 as lockdowns in Sydney and Melbourne shut down workplaces ... Australia's biggest home lender is promising no one will be evicted from their home until February 2022 as lockdowns in Sydney and Melbourne shut down workplaces.
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How PM Modi's new data rules are proving to be Waterloo for US tech giants

Live Mint 16 Jul 2021
The Indian central bank pulled the plug on the U.S ... Premium Premium Melbourne returns to lockdown as Australia scrambles to .... RBL Bank Ltd., whose shares fell Thursday ... Some other Indian banks and finance companies will also be hit, according to Nomura Research. .
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Australia stuck in Covid-19 limbo land amid slow vaccine rollout

Business Day 15 Jul 2021
Sydney’s lockdown is likely to drag on for weeks and could trigger an economic contraction for the country in the short term, the Commonwealth Bank of Australia said on Wednesday ... in 2020, Melbourne spent three months in one of the world’s longest and harshest lockdowns, which successfully stamped out infections but at significant economic cost.
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France stun Wallabies in 28-26 thriller

Taipei Times 13 Jul 2021
AFP, MELBOURNE ... Despite Australia fighting back, they clung on at Melbourne’s AAMI Park to clock their first victory Down Under since 1990 in Sydney, when they came out 28-19. Australia’s Tom Wright, left, and Tom Banks, right, try to tackle France’s Melvyn Jaminet in their Test match in Melbourne yesterday.
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Currency and control: Why China wants to undermine bitcoin

Taipei Times 11 Jul 2021
... bank set up its own digital currency ... Seen from the perspective of central banks, cryptocurrencies are a threat to financial stability, and if digital currencies are to be developed, then authorities want control, University of Melbourne finance professor Carsten Murawski said.
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Double whammy for food buyers as freight costs spike amid high grain prices

Reuters 09 Jul 2021
Summary ... "Freight cost has become a real challenge as it comes when we see huge increases in grain prices," said Phin Ziebell, agribusiness economist at National Australia Bank in Melbourne. "For years, buyers enjoyed low grain and freight prices. I see no immediate end to high freight costs." ... FUEL TO THE FIRE ... Our Standards ... ....
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Decision Due On New South Wales Lockdown Extension

The Tennessee Tribune 07 Jul 2021
The decision loo after modelers, economists, and public health experts from the Australian National University and the University of Melbourne crunched the numbers and found longer lockdowns benefit the economy in the long term ... As per the St George Bank economists, the lockdown has already cost the economy about AU$1.5 billion ($1.13 billion).
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A snag and jab, please! Australians could get vaccinated at BUNNINGS or Officeworks and earn ...

The Daily Mail 07 Jul 2021
Australians could get vaccinated at Bunnings or Officeworks later this year in a bid to speed up the slow Covid vaccine rollout ... Pictured. Sydney Airport ... For example, the big banks already offer employees the flu vaccine and are keen to offer Covid jabs once more supply enters Australia ... Commonwealth Bank of Australia ... NAB. ANZ Bank ... Melbourne Airport ... .
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A tale of two cities: How Sydney has weathered Covid lockdowns FAR better than Melbourne

The Daily Mail 06 Jul 2021
Sydney has financially weathered lockdowns a lot better than Melbourne did, Australia's biggest bank has revealed ... ydney has financially weathered lockdowns a lot better than Melbourne did, Australia's biggest bank has revealed ... New Commonwealth Bank data has demonstrated a big difference between the two approaches.
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How you could get your Covid jab in the OFFICE by September in a push ...

The Daily Mail 06 Jul 2021
Australians working for big companies may be able to get a Covid-19 vaccine at work after September ... Several corporations such as Commonwealth Bank already offer employees the flu vaccine at work and are keen to offer Covid jabs once more supply enters Australia ... Mr Frydenberg told ABC radio ... Commonwealth Bank of Australia ... ANZ Bank ... Melbourne Airport ... .
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Deutsche Bank appoints Australia head of real-estate advisory

Hindustan Times 28 Jun 2021
Sheshinski spent more than six years with Morgan Stanley in Sydney and previously worked for Citigroup Inc in Melbourne, according to his LinkedIn profile ... Sheshinski spent more than six years with Morgan Stanley in Sydney and previously worked for Citigroup Inc in Melbourne, according to his LinkedIn profile.
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The regional areas Australians are flocking to so they can get away from big city ...

The Daily Mail 28 Jun 2021
Australians are fleeing Sydney and Melbourne to live in regional areas by the coast with lockdowns accelerating this trend. The Commonwealth Bank, Australia's biggest bank, revealed south-east Queensland, the Mid-North Coast of New South Wales and northern Tasmania have experienced a population surge since the pandemic.

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