Friday, December 2, 2022

What Aussie importers and exporters need to know about flexibility, forex and the COVID-19...

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There are two critical considerations from a business continuity perspective - can your business survive the next few months; and what is the longer-term outlook?

Women’s financial progress hit hard by the early impact of COVID-19

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Australian women are bearing the brunt of the initial economic impact of the Coronavirus (COVID-19) pandemic as job cuts start to mount.

A closer look at the Reserve Bank of Australia’s response to COVID-19

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To date, in an Australian context, the federal and state governments’ measures announced amount to approximately A$200 billion or 10% of GDP.
struggling businessman

Reasons for employee layoffs revealed: 1.2 million businesses were already struggling to stay afloat

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New research has provided a clue as to why Australian businesses have had to let go of their employees so quickly after the Government-mandated shutdowns.

What you need to know about managing foreign exchange risk in times of high...

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The current COVID-19 situation is introducing levels of volatility in foreign currency markets not seen since the 2008 Global Financial Crisis.

Payment pauses on credit repayments due to COVID-19 will not be reported as ‘missed...

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Australians impacted by COVID-19 who are seeking a payment pause or deferral on their loan repayments, need not worry about the impact on their credit report, confirms consumer education website CreditSmart.

Coronavirus leads to rising cannabis demand as sales are up to 90%

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"Although the coronavirus is fueling the demand for cannabis, listed corporations in the industry don't seem to be benefiting yet," said Kryptoszene analyst Raphael Lulay.

Concerning new research reveals 4.2 million working Aussies live hand to mouth, even before...

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The survey reveals nearly a third (32 per cent) of employed Australians are either in credit or have under $100 left in their pocket, after paying all their essentials each month.

Unreasonable landlords continue to oppress small businesses during COVID-19 crisis

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The Australian Lottery and Newsagents Association (ALNA) is urging landlords to step up and create arrangements with their retailers that properly acknowledge the significant reductions in turnover occurring, as the Federal Government has done.
deVere-Group’s-chief-executive-and-founder-Nigel-Green

Coronavirus: global economy could be in recovery mode within SIX MONTHS – but on...

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The global economy is likely to be headed for recovery from a coronavirus-triggered downturn within six months – but only if mass testing is rolled out now and governments guarantee to support demand.