ASX to slide; Westpac defers dividend

Afterpay’s co-founders say the Chinese technology giant Tencent, which appeared as a substantial shareholder in the buy now, pay later pacesetter on Friday, will help it expand in Asia, as the two companies consider integrating…

The high cost of Swedens herd immunity strategy

Herd immunity is achieved when enough of the population have become immune to a disease so it can no longer spread easily between them. Sweden used voluntary trust-based measures, leaving borders, restaurants, movies, gyms and…

Virgin suitors join a long queue to take…

The Queensland and NSW governments are also likely to play a part in the airline's sale after both launched competing offers over the weekend to base Virgin out of their respective states. We are determined…

ASX to slide 1.9 per cent; Oil tumbles…

NAB said that the record rise in retail sales in March was down to panic buying from the COVID-19 pandemic. "Total food sales rose about 24 per cent, driven by a 22 per cent rise…

Seven reasons to buy Virgin: Deloittes pitch to…

Deloitte's seven point pitch included: Attractive two player domestic market with proven profitability Strong ongoing demand for domestic air travel (long distances between major cities, limited alternative transport options, tourism destination) Strategically valuable access to…

Two die in NSW and Victoria; Death toll…

Several beaches in Sydney and on the Gold Coast reopened to the public on Monday, prompted by concern for the public's wellbeing, declining case numbers and growing compliance with social distancing rules. But other beaches,…

Turning point raises hopes of lockdown easing

As testing has increased across the country, there has been a dramatic slowdown in new cases being diagnosed. A record 30,000 tests were carried out over the weekend with only 83 new cases uncovered. But…