Tag Archives: Australia

How Australia helped Goldman Sachs deliver stellar quarter

How Australia helped Goldman Sachs deliver stellar quarter

ChanticleerGoldies' June quarter was helped by a number of Aussie deals. But will the surge in trading and investment banking activity sparked by COVID-19 continue?Who doesn’t love a shout-out from head office?Goldman Sachs’ Australian chief executive, Simon Rothery, will be feeling pretty chuffed after the banking giant’s June quarter results were announced on Wednesday night.In…

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Australia spends $100m in ‘quick financial support’ for Pacific countries hit by cyclone and pandemic

Australia spends $100m in ‘quick financial support’ for Pacific countries hit by cyclone and pandemic

Australia is spending $100 million to help the governments of struggling Pacific countries meet the basic costs of running their countries.Key points:Australia will give $100 million to 10 Pacific countriesPapua New Guinea will receive the most assistance, at $20.5 millionPacific workers in Australia have been given a 12-month visa extensionThe halt in international tourism due…

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Australia annoyed as U.S. pushes Wuhan lab COVID-19 theory

Australia annoyed as U.S. pushes Wuhan lab COVID-19 theory

SYDNEY (Reuters) - Australian officials are frustrated that their push for an inquiry into the origins of the coronavirus is being undermined by the White House, which has sought to link the outbreak to a Chinese lab, government, diplomatic and intelligence sources told Reuters. FILE PHOTO: An Australian flag is pictured at its embassy in…

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Coronavirus Australia live news: National Cabinet to meet to discuss lifting COVID-19 restrictions, Australia joins ‘first movers’ group

Coronavirus Australia live news: National Cabinet to meet to discuss lifting COVID-19 restrictions, Australia joins ‘first movers’ group

6mminutes agoBy Bridget JuddWhat's the latest on the Melbourne meatworks cluster? ABC News: Sean WarrenYesterday, 13 more cases were linked to a cluster at Cedar Meats — bringing the total to 62 cases.The ABC's Stephanie Ferrier has been following the story "There's new developments out of this Cedar Meats cluster. The Health Department of Victoria has just…

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Australia rescue package the world’s biggest, bar one

Australia rescue package the world’s biggest, bar one

May 6, 2020 – 3.46pmAustralia outspent every other country - except Qatar - with the government's $214 billion fiscal response to COVID-19 pandemic, a new analysis found.In direct fiscal stimulus, Australia is spending 10.6 per cent of GDP including the JobKeeper wage subsidy and cash handouts to households and business. That was the highest rate…

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