Australia has moved into the suppression phase of the coronavirus. The first merchandise within the information today is the recent elections that befell across the country. Analyst warns, meanwhile, that Turkish banks are extra vulnerable in pandemic emergency than they were in 2018 lira disaster. PODCAST: Mark Pownall and Mark Beyer discuss market volatility, rescue packages for federal and state, WA’s hard border, Minderoo, tenant-landlord dilemma, challenge information, and home costs.
Australian Potash is moving to the due diligence part of its utility for federal funding by way of the Northern Australia Infrastructure Facility to support the DFS for its Lake Wells SOP fertilizer mission near Laverton in WA. While there aren’t any guarantees, the company stated the transition from the strategic assessment section to due diligence was a positive step in its plans for funding support at Lake Wells.
Rand Service provider Financial institution urged South African lenders and different finance firms to adopt a more coordinated approach with the government to the financial crisis brought on by the coronavirus outbreak. It is a Sunday newsletter with essential enterprise insights that’ll prep you for the week forward.
Consultants predict a major spike in ransomware attacks and phishing scams as workers and companies are compelled to work remotely. Financial researchers has announced that the worth of bitcoin might be rising throughout far it has grown several p.c however more development is predicted.
Rand at weakest versus its 100-day common for the reason that international financial crisis. Get analysis on financial and financial-providers policy, plus a information roundup, delivered to your inbox every weekday. Companies and non earnings suffering big falls in turnover will receive subsidies of as much as $1,500 per worker per fortnight under the federal government’s new Jobkeeper program, with as much as 6 million people to be supported.