A small Russian town located in the Arctic Circle has recorded temperatures of 38.3 degrees celsius, or 100.4 degrees Fahrenheit; the hottest ever recorded in the Arctic Circle.
The Federal Government’s cyber security agency has said that a number of government agencies and departments, along with private companies have failed at implementing even
Qantas has refunded customers on flights that were either cancelled or suspended due to COVID-19, shortly after the government called on the consumer watchdog to look for anti-competitive practices and monitor the domestic market.
Australia’s Fair Work Commission has confirmed that the minimum wage will be increased by just under 2% to $19.84, or around $753.80 for a full-time employee per week.
International travel is unlikely to return to normal until 2021, according to the Federal Tourism Minister who says that keeping the borders shut is essential
“The drop in employment, of close to a quarter of a million people, added to the 600,000 in April, and brings the total fall to 835,000 people since March.”
The move will make Carrefour the first major supermarket retailer to integrate its services with the Google Assistant, and is aimed at accelerating Carrefour’s eCommerce services and taking on the likes of Amazon.
American Express has launched its Shop Small initiative to support Australian small businesses as internal research shows consumer confidence slowly increasing from extremely low levels.
The Recovery Plan is a self-described “beacon of hope for small businesses,” and calls for a number of key changes to improve the legal, regulatory and compliance barriers that a number of small businesses face.
A team of researchers at the University of New South Wales has found a way to convert waste carbon dioxide into useful chemical compounds for industrial products- signalling a potential breakthrough in carbon recycling.
The Buy From the Bush campaign has now helped deliver $5 million in extra revenue to small businesses around Australia, with a recently commissioned report stating that some saw their revenue jump by 300%.
The government has a number of what it calls “shovel ready” projects that are set to receive $1.5 billion in public funds, largely infrastructure projects that can kick-start economic recovery and curb unemployment.
The Australian Securities and Investments Commission (ASIC) has warned that the financial system could struggle to cope when the government winds back its COVID-19 economic stimulus measures.
Zara’s parent company, Inditex, has announced it will be closing up to 1,200 stores as the company pivots toward an online sales platform after witnessing a 44% drop in retail sales.
A report from Ernst & Young (EY) says that a COVID economic recovery led by renewable energy would create three-times more jobs than a recovery led by fossil fuels.
Australia’s economic progress could be undermined by the potential economic damage of a second wave of the coronavirus, with the OECD saying the Australian economy could contract by 6.3%
Cybercriminals have targeted a nuclear missile contractor in the United States with a ransomware attack, with reports of stolen confidential documents now emerging.
The federal government has unveiled a new $25,000 grant to renovate or build new homes in an effort to give the construction industry a much-needed boom.
GDP data from the Bureau of Statistics shows that Australia is set to enter a recession after the economy shrank 0.3% in the March quarter.
While Australia was one of the world’s best responders to the COVID-19 pandemic, it was also the world’s worst offender when it came to panic-buying.