Economy

Treasurer Josh Friedenberg says federal government should follow US-style bankruptcy rules to help the expected wave of business closures

Treasurer Josh Friedenberg says federal government should follow US-style bankruptcy rules to help the expected wave of business closures

The federal government plans to change bankruptcy rules, following the American-style model to help small businesses struggling to recover or fold due to the corona virus infection. Key points: Financial institutions expect bankruptcy waves as emergency protections for business owners expire at the end of the year The treasurer says the reforms will allow small businesses to restructure debt while …

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Eurozone economic recovery centers as Covid 19 cases increase – Business Live | Business

The eurozone’s economic recovery stalled in September, with rising COVID-19 infections leading to a revival of service sector operations in the region. The two-speed economy is evident, despite the fact that the growing demand for factories, particularly in the export markets and many countries, is said to have boosted retail sales, while the large service sector has fallen head-on into …

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Small planes: Sydney Airport opens to recreational pilots during epidemics | Australia News

Lack of landing of commercial aircraft Sydney Airport It has been a disaster for airlines and workers, but the epidemic has provided lifelong opportunity for recreational pilots. Quieter than regular runways Private pilots have been offered the opportunity to land at the international airport for the first time. He received a warm welcome when Sydney Aviation College Club captain Tim …

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American home sales have been rising the fastest since 2006

American home sales have been rising the fastest since 2006

G.morning. European markets are set to stabilize on Monday following poor sales since June. However, keep an eye out for hospitality stocks as Boris Johnson is expected to announce tougher restrictions on pubs and restaurants in the UK. 5 things to start your day 1) We can beat Govt without national locks, Germany’s top virologist Ambrose Evans-Britzard says 2) Hype …

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Wow, Trump doesn’t know that the dollar is floating

Wow, Trump doesn’t know that the dollar is floating

When you are too stupid to think you are the smartest guy in the room, you end up doing a lot of stupid things. Some Trump Classics I Recall: No one knows that health care can be so complicated! Can’t we just turn off the hurricane? A friend of mine told me; Who knew there were so many countries? Can’t …

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Stores to use renewable energy from 2022

Stores to use renewable energy from 2022

Coles supermarkets in Queensland will undergo a major transformation in 2022, with the supermarket chain signing a major 10-year deal this week. Shopping Behemoth has pledged to use renewable energy to provide electricity to more than 90 percent of its sites across the state from July 2022. Energy Minister Dr Anthony Linham said wind and solar power from South Towns …

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Global stocks are falling as locking fears hit the retirement sector

Global stocks are falling as locking fears hit the retirement sector

“Scrolling = ‘No’ frameBorder =” 0 “class =” news-vj-spw-frame “> The downward trend affected all but a few stocks in the UK 100-share index. Online delivery service Just Eat and supermarkets Tesco, Morrisons and Sainsbury’s became the only positive region. The FDSE 250 index, which is considered to be the best reflection of the health of the UK economy, closed …

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Jeremy Smith: Casino Industry Should Focus More on Their Digital Marketing

Jeremy Smith: Casino Industry Should Focus More on Their Digital Marketing

The digital economy is the latest era globally. Without a doubt, it is the new normal in 2020, as every industry must adjust to the big change. Despite the restrictions of movement and shutting down of economies in early Q1 of 2020, many casinos with a perfect game plan are still making huge profits and hedging competitors via digital marketing. …

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Markets Live, Monday 21 September, 2020

Markets Live, Monday 21 September, 2020

The market is now down 3.9 percent per month and is up 5.5 percent from its post-epidemic peak of August 25, when it poured about $ 100 billion from its market capitalization. The local fall reflected the recent sell-off in US technology stocks, which continued further on Friday amid further set of uncertainty and pre-election posture. Ben Clarke, portfolio manager …

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Corona virus: UK companies voluntarily repay $ 215 million

Corona virus: UK companies voluntarily repay $ 215 million

Image copyright Getty Images UK companies have repaid more than 5 215 million to the government. According to HMRC figures, about 80,433 employers have reimbursed workers for their wages. It is believed that part of the $ 3.5 billion recovered may have been paid by mistake or to fraudsters under the scheme. HMRC said it welcomes employers who voluntarily repay …

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