Woolworths cancels some online deliveries, priority given to elderly and disabled

Woolworths cancels some online deliveries, priority given to elderly and disabled

Product shortages and unprecedented demand have forced Woolworths to cancel a number of online deliveries and reassess its priorities. The supermarket says it will be giving first access to its Woolworths Online service to seniors, people with a disability and those in mandatory isolation. Once those customers have been served the sup...

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City of Sydney escalates control measures, closes gyms and aquatic centres

City of Sydney escalates control measures, closes gyms and aquatic centres

After a spate of new Covid-19 cases in Sydney over recent days, the city's council will be cancelling or postponing all non-essential events and in-person meetings, as well as closing gyms and aquatic centres. In an announcement this afternoon, the City of Sydney added it would also be placing restricted hours on libraries and co...

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China claims flu drug Avigan effective against Covid-19

China claims flu drug Avigan effective against Covid-19

A representative of China's science ministry has reportedly claimed a flu vaccine developed by Japan's Fujifilm Holdings is effective for treating the novel coronavirus Covid-19. The Nikkei Asian Review reports China National Center for Biotechnology Development (CNCBD) director Zhang Xinmin told a press conference yesterday&...

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Uber Eats offers daily payments to restaurants, slates $5m in promotional funding

Uber Eats offers daily payments to restaurants, slates $5m in promotional funding

Uber Eats is stepping up to the challenge posed by Covid-19 on restaurants, many of which will struggle to survive and rely on take-aways and home deliveries for their livelihoods. The aggregated food delivery service provider has thrown its hat in the ring with $5 million in funding for independent restaurants in Australia and New Zealan...

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All Palace Cinemas to close from Thursday

All Palace Cinemas to close from Thursday

Following the Federal Government's advice to Australians encouraging the population to avoid indoor public gatherings of 100 persons of more Palace Cinemas has made the decision to close all cinemas from Thursday. The closure will affect all of Palace Cinema's 16 locations for an indefinite period of time.  "We inten...

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Covid-19 cases surge in Australia

Covid-19 cases surge in Australia

The number of Covid-19 cases in Australia has risen by at least 100 in the space of 10 hours, of which more than half came from NSW. Using data published by the Federal Department of Health at 6:30am today and the latest updates released by state health departments, there are now at least 554 cases of the virus nationwide. Of those ca...

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Flight Centre calls on government for assistance, flags "inevitable" job cuts

Flight Centre calls on government for assistance, flags "inevitable" job cuts

Global travel company Flight Centre (ASX: FLT) will accelerate a planned business review to identify further cost and cash saving initiatives. The company, whose share price has fallen dramatically in recent weeks (down approximately 62 per cent since February 21), will be conducting meetings to manage the crisis faced by the travel indus...

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Coles recruits 5,000 extra staff to cope with heightened demand

Coles recruits 5,000 extra staff to cope with heightened demand

As Australians flock to supermarkets in droves despite calls to stop panic hoarding, Coles (ASX: COL) is taking action to bolser its capacity and cope with increased demand. In an email to flybuys members today, Coles Group CEO said the company was recruiting 5,000 new team members. "To help us continue to offer the best possible...

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KFC restaurant operator Collins Foods (ASX: CKF) closes in-restaurant dining

KFC restaurant operator Collins Foods (ASX: CKF) closes in-restaurant dining

KFC restaurant operator Collins Foods (ASX: CKF) has announced in-restaurant dining areas will be closed in a bid to slow down the spread of the coronavirus Covid-19. The company says it will immediately shift its focus to take-away, drive-thru and delivery - three areas that already account for around 80 per cent of sales. Collins Fo...

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Bubs ramps up capacity to meet baby formula demand

Bubs ramps up capacity to meet baby formula demand

Infant milk formula producer Bubs (ASX:  BUB) has increased production to meet the heightened demand of its products from anxious parents. In a statement to the ASX Bubs, which produces goat milk infant formula and organic cow milk infant formula, says it has put in place measures to sustain the continued security of its supply chain...

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City of Melbourne announces $10m stimulus package

City of Melbourne announces $10m stimulus package

A stimulus package valued at more than $10 million has been announced by the City of Melbourne designed to keep workers in jobs and support city businesses affected by Covid-19. The package, supported by City of Melbourne councillors, includes: A virtual Business Support Summit at Melbourne Town Hall; Suspending fees for Foo...

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Guidance withdrawn at Ramsay Health, Aristocrat, Mirvac and REA Group

Guidance withdrawn at Ramsay Health, Aristocrat, Mirvac and REA Group

From hospitals to pokie machines, construction to online property listings, these are uncertain times for a wide range of businesses in Australia and worldwide. The situation has led four ASX100 companies to withdraw their profit guidance this morning: Ramsay Health Care (ASX: RHC), Aristocrat Leisure (ASX: ALL), Mirvac Group (ASX: MGR) a...

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Why coordinated communications are critical in a crisis

Why coordinated communications are critical in a crisis

If the past few days have taught us anything, it's that things change quickly in a crisis. The Australian Grand Prix, Royal Easter Show and Super Rugby have all been cancelled. Outdoor gatherings of more than 500 people are banned along with non-essential indoor gatherings of 100 or more, 14-day self-isolation is imposed on all intern...

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Ardent Leisure closes all US Main Event entertainment centres

Ardent Leisure closes all US Main Event entertainment centres

The parent company of Main Event, Ardent Leisure Group (ASX: ALG), will temporarily close all Main Event entertainment centres to help stop the spread of Covid-19. Main Event, a bowling and entertainment business, will shut down its 43 US centres from 17 March through until the end of March 2020. "The management team at Main Even...

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National Storage takeover falls through

National Storage takeover falls through

In an environment of market volatility National Storage REIT (ASX: NSR) shares held relatively firm throughout all of last week, presumably buoyed by the hope US suitor Public Storage would still go ahead with a takeover offer. But those hopes have been dashed today after the company came out of a trading halt this afternoon to announced ...

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Biosecurity emergency declared in Australia, travel advice at Level Four, do not travel

Biosecurity emergency declared in Australia, travel advice at Level Four, do not travel

Speaking at a press conference in Canberra this morning, Prime Minister Scott Morrison has announced a new gathering ban and enforced the toughest travel restrictions in the country's history. It comes as the Government declares the pandemic a biosecurity emergency under the Biosecurity Act by the Governer General. The Federal Gov...

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KFC closes in-restaurant dining

KFC closes in-restaurant dining

KFC restaurant operator Collins Foods (ASX: CKF) has announced in-restaurant dining areas will be closed in a bid to slow down the spread of the coronavirus Covid-19. The company says it will immediately shift its focus to take-away, drive-thru and delivery - three areas that already account for around 80 per cent of sales. CKF explai...

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Virgin to suspend all international flights

Virgin to suspend all international flights

Listed airline Virgin Australia Group (ASX: VAH) will suspend all international operations from 30 March to 14 June as travel demand flatlines. Virgin will also cut domestic capacity by 50 per cent until 14 June. Both updates have effectively grounded the equivalent of 53 aircraft. While all international Virgin flights will be su...

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The best entrepreneurial decision I ever made

The best entrepreneurial decision I ever made

The entrepreneurial journey can be a lonely road. In my own experience, I found that at times the entrepreneurial drive and commitment could be all encompassing. It's quite easy to get caught up in your own head or, worse yet, limited by your own (tunnel) vision.  As an ambitious business owner, I knew that I wanted to te...

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Department of Foreign Affairs and Trade advises all Australians overseas to return to Australia

Department of Foreign Affairs and Trade advises all Australians overseas to return to Australia

Australia's Minister for Foreign Affairs Marise Payne has advised that Australians who are overseas and want to come home should do so as soon as possible.  As more countries close their borders or introduce travel restrictions, overseas travel is becoming more complex and difficult.  Commercial options are also lik...

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Gadens and Lawcadia launch Covid-19 legal workflow platform

Gadens and Lawcadia launch Covid-19 legal workflow platform

National law firm Gadens and legal-tech company Lawcadia have launched a new service to help in-house legal teams keep above water as they enter the uncharted waters of the Covid-19 pandemic. Founded by Warwick Walsh and Sacha Kirk (pictured left), Lawcadia has been a major source of digital disruption in the legal sector, and won the&nbs...

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Neighbourhood shopping centres thriving

Neighbourhood shopping centres thriving

Suburban shopping centres anchored by major chains like Woolworths, Coles or Kmart are benefiting from the surge in panic buying, according to Shopping Centres Australasia Property Group (ASX: SCP). SCP CEO Anthony Anthony Mellowes highlights his company, which owns 85 wholly-owned neighbourhood shopping centres all over Austral...

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Premier Investments calls for retail landlord support to weather the crisis

Premier Investments calls for retail landlord support to weather the crisis

The head of Premier Investments' (ASX: PMV) retail group has emphasised the key part retail building landowners will play in helping stores survive the economic impacts of the global health crisis. Premier Retail manages well known brands including Smiggle, Portmans, Just Jeans, Peter Alexander, Jay Jays, Jaqui E and dotti. "...

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Splendour In The Grass postponed

Splendour In The Grass postponed

While the Byron Bay Bluesfest may have been cancelled due to the coronavirus outbreak and measures to prevent mass gatherings, another music festival in the coastal town is still hanging on for life this year. Organisers of Splendour In The Grass have postponed the event from July to October 23-25 for the festival's 20th anniversary. ...

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Covid-19 vaccine trial kicks off in Seattle

Covid-19 vaccine trial kicks off in Seattle

Researchers in the Northwestern US city of Seattle are recruiting healthy adult volunteers to participate in an investigational vaccine trial aimed at protecting against Covid-19. The Phase 1 clinical trial evaluating the possible vaccine has begun at Kaiser Permanente Washington Health Research Institute (KPWHRI) in Seattl...

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Select Harvests reports 40 per cent jump in almond shipments

Select Harvests reports 40 per cent jump in almond shipments

After being slammed at the end of February when Chinese importers shut up shop due to coronavirus concerns, almond producer Select Harvests (ASX: SHV) is back on the wagon. The company hopes to take advantage of favourable market conditions as its 2020 harvest progresses. The Australian January export shipment report released by the A...

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Australian Fashion Week cancelled

Australian Fashion Week cancelled

The organisers of Mercedes-Benz Fashion Week have pulled the plug on the event that was scheduled to go ahead on May 11-15, citing coronavirus concerns. The decision follows the Federal Government's advice to avoid mass gatherings of 500 people or more. Read the organisers' statement below: "Due to the Australian Heal...

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Coca-Cola Amatil withdraws earnings guidance

Coca-Cola Amatil withdraws earnings guidance

The double whammy of the bushfire crisis and now the ongoing Covid-19 outbreak has forced Coca-Cola Amatil (ASX: CCL) to withdraw its earnings guidance. In a statement posted to the ASX CCL says measures taken by governments to slow the rate of coronavirus infection have had a "myriad of consequences" on the business. "...

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S&P downgrades Virgin Australia to 'B-' rating

S&P downgrades Virgin Australia to 'B-' rating

While Virgin Australia (ASX: VAH) has emphasised its domestic focus means less exposure to international flight problems, ratings agency Standard & Poor's (S&P) believes the airline is in for tough times ahead. S&P has downgraded Virgin's rating to 'B-' due to deteriorating domestic market conditions, along wit...

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Qantas cuts international flight capacity by 90 per cent

Qantas cuts international flight capacity by 90 per cent

Flying schedules on Qantas and Jetstar planes have been slashed dramatically as travel demand falls significantly. Total Qantas Group (ASX: QAN) international capacity will be cut by around 90 per cent until the end of May 2020, while domestic capacity will be cut by around 60 per cent. Internationally the 90 per cent cut is up from a...

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