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5:28PM Australian shares end higher on Thursday despite confirmation from government the federal Budget was in its worst shape since World War II.
1:59PM Major gas producer Santos says its revenue has dipped due to lower gas prices induced by the coronavirus pandemic.
12:34PM Coca-Cola Amatil says the coronavirus pandemic has wiped millions of dollars from the company’s value, as lockdowns hit sales.
11:52AM A National Australia Bank survey shows business conditions and confidence have crumbled as a result of the coronavirus pandemic.
10:37AM The franchise owners of Donut King and Gloria Jeans have closed a Melbourne facility after three workers tested positive for coronavirus.
5:54PM Westpac’s chief economist Bill Evans outlines why he believes the Australian dollar will continue to rise for the remainder of the year.
1:02PM Latest retail figures show more Australians are shopping, prompting signs the economy is beginning to recover from the COVID-19 shutdown.
5:25PM Australian shares have rallied after the Morrison Government announced it would extend its wage subsidy scheme.
4:03PM The Reserve Bank has flagged Australia is on the path to recovery but has experienced an economic downturn not seen since the Great Depression.
2:28PM The unemployment rate is set to boom as more Australians who lost jobs during the coronavirus pandemic return to the labour market.
12:25PM Mining group BHP says it has met its production targets for the financial year despite demand falling due to the coronavirus pandemic.
12:20PM The Brisbane Broncos finally have something to celebrate, even if it’s not on the field.
11:00AM Chrisco has admitted it misled consumers about its lay-by hamper deals, forcing them to keep coughing up after the product had been paid for.
10:11AM Ardent Leisure has been charged over the Thunder River Rapids ride tragedy that killed four people in 2016.
3:00PM Potential stock shortages loom at Woolworths’ Victorian stores after its two Melbourne distribution sites were forced to shut due to an outbreak.
2:06PM Australians are continuing to dip into their retirement savings at growing rates due to ongoing fears over the coronavirus pandemic.
11:53AM Economists are warning 10 per cent of Australian businesses could close if JobKeeper and loan deferrals are not extended past September.
10:39AM Commonwealth Bank has launched a new assistance program to help stop financial abuse caused by domestic violence.
5:22PM Australian stocks closed lower on Thursday as unemployment rates reached highs not seen since 1998. Here’s how the shares fared.
3:49PM Major health insurer Medibank Private has been slapped with a multimillion-dollar fine for misleading customers.
2:26PM The number of Australians out of work has risen as fresh lockdown fears delay the nation’s economic recovery.
10:34AM Helloworld has gone to the sharemarket to raise more funds as the global tourism industry tanks amid the coronavirus pandemic.
5:33PM The Australian sharemarket made strong gains on Wednesday despite fears the economy could be heading for a second shutdown.
4:52PM Consumer confidence has fallen, according to Westpac, as the economy faces a second lockdown due to COVID-19.
1:29PM The Queensland government has made wage theft illegal, following findings a quarter of the state’s workers are being unpaid or underpaid, or missing out on super.
10:29AM Australian technology company Afterpay is upping the ante in the US, with plans to offer its buy-now-pay-later service through Google and Apple.
5:47PM The Australian sharemarket has slid as business confidence remains broadly negative. There’s a long road to recovery ahead, according to the experts.
4:45PM Superfunds are being hit by a second wave of early super requests, as more Australians claim financial hardship.
3:58PM Australia’s major airline Qantas has hit back against claims from staff that its aircraft are not prepared for the coronavirus pandemic.
1:50PM Westpac has appointed a new chief financial officer concluding a six month job search which was sparked by its AUSTRAC scandal.
1:23PM Consumer confidence has slipped as fears of a second lockdown do further damage to the economy.
10:33AM A major Australian bank has partnered with a leading technology company to build its new software.
5:00PM Australian stocks have finished the day higher despite fears of a second virus lockdown in Sydney crippling the Australian economy.
12:29PM North Melbourne coach Rhyce Shaw is demanding high standards of behaviour and defender Luke McDonald apologise for an “unacceptable” coronavirus taunt on Saturday night.
11:27AM An Aussie bank has dramatically dropped the amount first home buyers need to save for a home, helping them buy a property faster.
10:33AM Bulldogs centre Jake Averillo has unwittingly been caught up in a coronavirus cluster, while rising Eels star Stefano Utoikamanu will sit out training until he receives COVID-19 clearance.
10:20AM A top Australian resource company has flagged a $A575m ($US400m) hit due to the economic downturn fuelled by COVID-19.
2:18PM Brisbane Airport’s new runway is now open, ending the need for holding patterns and lengthy wait-times on the tarmac for departure.
8:53AM Woolworths-owned gaming operators have been hit with a massive fine after shouting known gamblers in a breach of gaming laws.
5:37PM The ASX will extend its COVID-19 capital raising relief measures as ongoing uncertainty clouds global economic recovery.
5:33PM Australia’s share market edged higher by close on Thursday, recouping losses made earlier during this week’s coronavirus slump.
4:38PM Bunnings will restart its iconic sausage sizzles this weekend — but not all states can enjoy the barbecue goodness straight away.
3:11PM New figures show how hard coronavirus has hit the housing market, with the number of people taking on home loans falling off a cliff.
2:57PM First State Super will divest from thermal coal mines in an attempt to fight climate change.
12:18PM A residential property survey has shown that faith in the Australian housing market has collapsed across the country.
11:08AM Penfolds owners Treasury Wine Estates has flagged a 20 per cent earnings slump as COVID-19 dampens global wine demand.
5:40PM Retail and travel stocks fell on Wednesday as the Victorian lockdown continues to threaten Australia’s economic recovery.
4:44PM The ATO will clamp down on people dipping into their super who have not been financially impacted by COVID-19
1:26PM Commonwealth Bank will invest $500,000 into the fire-damaged NSW south coast through bushfire recovery grants.
11:59AM Westpac’s chief economist says the forecast blow out of the budget deficit will include an extension to JobKeeper and JobSeeker payments.
10:20AM Commonwealth Bank has slashed interest rates on several savings products including its Youthsaver account.
9:43AM Australians hit by the financial effects of coronavirus could be handed another lifeline after the payment deferral period ends in September.
5:10PM The Australian stock market closed lower on Tuesday as uncertainty over the Victorian lockdowns blunted signs of economic recovery.
3:56PM Westpac has announced a lucrative new offer in a bid to attract young customers who are struggling to buy their first home.
2:43PM Australians are spending more as the economy begins to recover from COVID-19.
5:23PM The coronavirus continues to play havoc with all parts of Australian life, with the stock market closing lower on the back of border closures.
2:02PM More than 2.4 million Australians have applied to dip into their retirement savings, sapping the superannuation sector of more than $18 billion.
11:28AM Coronavirus cases in Victoria continue to soar as police patrol Melbourne’s hot spots.
12:55PM Total payroll jobs increased 1.0 per cent between mid-May and mid-June, ABS data showed.
12:55PM KFC franchisor Collins Foods says its full-year profit was up five per cent as Australians stuck to its trusted brand during a time of crisis.
10:15AM Consumer confidence dropped 4.6 per cent to 93 points, the biggest weekly decline since late-March.
10:15AM Shopper numbers at Westfield centres have climbed to 86 per cent of previous levels as people resume shopping habits amid relaxed virus restrictions.
8:57AM Copper prices have remained near five-month highs due to supply problems in Chile and solid demand from China.
12:55PM The Australian share market is tipped to open in the negative as concerns of a second wave of COVID-19 overseas continue to slow the reopening of the economy.
8:20PM Worries about the coronavirus after the US recorded a record number of new COVID-19 cases hasn't dented sentiment, with global equities and oil prices rising.
2:56PM Virgin Australia administrators have agreed to sell the airline to Bain Capital which is pledging a significant capital injection into its operations.
8:18AM Copper prices were higher overnight, bucking the shift to safe-haven assets in other markets, as a surge in coronavirus cases fuelled worries of mine shutdowns.
7:13PM A jump in US coronavirus cases and the IMF's warning about the global economy has pushed global stocks to their lowest level in more than a week.
2:36PM Qantas says it will cut 6,000 jobs and continue to stand down 15,000 employees as part of its recovery plan from the COVID pandemic.
2:11PM Qantas says there is significant uncertainty about when its long haul Airbus A380s will resume flying and it will park them in the Mohave desert in the interim.
11:54AM After making $771 million in profit in first half, Qantas is looking to make a small overall full-year profit
11:22AM An Explainer on where Qantas will cut jobs and other details of its latest response to the impact of COVID-19.
8:31AM Copper prices slipped overnight as increasing virus cases erased hopes of economic recovery, offsetting upbeat data.
7:06AM Sonic Healthcare says it expects this year to earn around $1.075 billon, the same as it made in FY19.
7:04AM Two thirds of businesses have collected less revenue than this time last year due to the ongoing economic impact of coronavirus restrictions, new data shows.
7:01AM China's Goldsea Group will let a takeover bid by its unit for Australian gold miner Alto Metals lapse.
7:01AM The Philippines says Wirecard's former chief operating officer Jan Marsalek may be in the country as officials hunt for the company's missing $US2.1 billion.
7:37PM Global shares cooled as signs of an acceleration in coronavirus cases kept investors on edge, while gold prices surged to their highest in nearly eight years.
11:07AM Virgin Australia bondholders have outlined the details of its bid for the airline, which involves a debt-to-equity swap and a capital injection of $1 billion.
8:00AM Copper prices climbed after US President Donald Trump said a trade deal with China was "fully intact" and European and US data gave hope of economic recovery.
8:51AM Woolworths’ proposed plan to roster thousands of workers to spend Christmas Day shelf packing has been rejected by the NSW Government.