Australians may have to book appointments the next time they want to withdraw cash as several major banking institutions accelerate their digitalisation process. This comes after a Queensland woman recently gained public attention after a Tiktok video describing her ordeal of withdrawing cash from a local bank branch went viral. According to the video, Taryn…
Tough Business Conditions in May Signal More Trouble for Australia’s Economy
The Australian economy is showing obvious signs of a slowdown as local enterprises report declining activities and more challenging business conditions in May, a new report has revealed. According to the latest business survey by the National Australia Bank (NAB), businesses across industries were running out of work to do, implying a worrying trend for…
Australian Businesses Conditions Stay Strong in April but Uncertainty Remains
Australian business conditions still remain robust in April amid economic headwinds thanks to resilient customer demand and a strong labour market. According to the latest monthly business survey by the National Australia Bank (NAB), the business conditions index, which measures trading conditions, profitability and employment, dropped two points to 14 index points in April. While…
‘Pandemic Is Far From Over’: Australian Treasury Secretary
Australian Treasury secretary Steven Kennedy has warned that the “pandemic is far from over” and the country needs to remain vigilant against the risks associated with the CCP virus. “As we move through 2021, the pandemic is far from over. We have witnessed the consequences and impacts of second and third waves around the world…
Union Calls for Paid ‘Vax Leave’ for All Australian Public Servants
The New South Wales (NSW) government should lead the nation by example and provide all public sector workers paid vaccination leave, the state’s peak union body said. “One of the barriers workers are facing to get vaccinated against COVID-19 is finding the time to do it while they are working,” Unions NSW wrote in a…
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