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'I'd have FOMO if I wasn't here': 2020 marks much quieter schoolies on Gold Coast
via abc.net.auThis year thousands of school leavers head north to the Sunshine Coast, over the traditional home of celebrations in Surfers Paradise. But is this a COVID-induced blip or a sign of things to come? -
Bank of England policymaker warns of 'pandemic hangovers', as private sector shrinks – as it happened
Rolling coverage of the latest economic and financial news, as the UK Treasury Committee questions the Bank of EnglandLatest: MPC’s Saunders warns of longer-term damageBank of England welcomes vaccine news
Earlier:US private sector growth hits five-year highAnalyst: World should ‘jump for joy’ over AstraZeneca vaccine
UK PMI shows economy shrinking this monthOxford/AstraZeneca vaccine offers up to 90% efficacy7.04pm GMT Time to wrap up.MPs have heard that the UK economy risks a -
Former Fed chair Janet Yellen set to become first female treasury secretary
Yellen reportedly to be announced by Biden on TuesdayEconomist, 74, seeks federal spending to tackle Covid slumpJanet Yellen, the first woman to chair the US Federal Reserve, is set to achieve another first, becoming the country’s first female treasury secretary. Related: Biden unveils key picks while report says ex-Fed chair Janet Yellen to lead treasury – live Janet Yellen would be an outstanding choice for Treasury Secretary. She is smart, tough, and principled. As one of the most -
ASX to rise on vaccine hopes, Biden to pick Janet Yellen as US Treasury Secretary
via abc.net.auAustralian shares are set to open higher after Oxford and AstraZeneca announce their COVID vaccine results, while Joe Biden picks former Fed chair to be the next US Treasury Secretary. -
ASX to rise on vaccine hopes, as Biden picks Janet Yellen to be US Treasury Secretary
via abc.net.auAustralian shares are set to open higher after Oxford and AstraZeneca announce their COVID vaccine results, while Joe Biden picks former Fed chair to be the next US Treasury Secretary. -
ASX rises on vaccine hopes, Qantas to require COVID-19 vaccination for international flyers
via abc.net.auAustralian shares jump after Oxford and AstraZeneca announce their COVID vaccine results, Qantas will insist on international travellers being vaccinated before they can board flights, while Joe Biden picks Janet Yellen to be the next US Treasury Secretary. -
ASX rises on vaccine hopes, Joe Biden picks Janet Yellen to be US Treasury Secretary
via abc.net.auAustralian shares jump on AstraZeneca's COVID vaccine results, Qantas will require international travellers to be vaccinated, and Joe Biden picks Janet Yellen to be the next US Treasury Secretary. -
ASX rises on vaccine hopes, as Trump authorises transition to Biden presidency
via abc.net.auAustralian shares jump on vaccine optimism, Qantas will require international travellers to be vaccinated, Joe Biden picks Janet Yellen to be the next US Treasury Secretary, and Donald Trump authorises transfer of power. -
ASX rises on vaccine hope, as RBA official warns against cutting stimulus 'too early'
via abc.net.auThe ASX has jumped on vaccine optimism, the RBA deputy governor has warned against rolling back Australia's stimulus measures, Qantas will require international flyers to be vaccinated, and Janet Yellen could be the next US treasury secretary. -
ASX jumps on vaccine hope, as RBA official warns against cutting stimulus 'too early'
via abc.net.auThe ASX lifts on vaccine optimism, the RBA deputy governor has warned against rolling back Australia's stimulus measures, Qantas will require international flyers to be vaccinated, and Janet Yellen could be the next US treasury secretary. -
Thousands of Qantas ground workers make last-ditch bid to save jobs from being outsourced
via abc.net.auQantas wants to outsource 2,500 jobs to lower costs due to the massive financial hit from the coronavirus pandemic. But workers have a plan they hope can save their jobs. -
The coronavirus pandemic has forced millions to work from home — and the office will never be the same
via abc.net.auA year of extraordinary change has shifted what is normal in the workplace, with colleagues adjusting to seeing each other only on a screen. It's leading to long-term changes to what "the office" looks like. -
'We can't plan, we have no future': Mascot Towers apartment owners still living in limbo
via abc.net.auWith bills and debts mounting and owners unable to sell the uninhabitable apartments, some Mascot Towers residents are now calling on the NSW Government to buy the building. -
'Drowning in debt': Mascot Towers apartment owners still living in limbo
via abc.net.auWith bills and debts mounting and owners unable to sell the uninhabitable apartments, some Mascot Towers residents are now calling on the NSW Government to buy the building. -
An email from Simon to Jane took 14 hours to arrive. It cost them $51,000
via abc.net.auThere's no way Jane Fleming could have known an emailed invoice was fake. It came from the right email address and all the business's details were correct — except the bank account number. -
Shameful pay freeze is an insult to key workers | Letters
Freezing public sector wages is an attack on those already hardest hit by the pandemic, writes Marion Doherty. Plus letters from Alan Millington, Pete Dorey and Gary BennettWhy does the Guardian (New UK spending row as Rishi Sunak puts squeeze on public sector salaries, 20 November) continue to use “squeeze”, “restraint” and “belt-tightening” to describe what are vicious cuts to the wealth and health of working people? These cuts will disproportionately fall o -
UK risks double-dip recession amid second Covid lockdown
Economy shrinks as service sector suffers steepest fall in activity since MayCoronavirus – latest updatesSee all our coronavirus coverageBritain’s businesses are banking on vaccines to deliver them from a double-dip Covid-19 recession, according to the first snapshot of the painful economic impact of England’s four-week lockdown.Encouraging news from Pfizer, Moderna and AstraZeneca came too late to prevent the tough new restrictions imposed in early November from taking their t -
How can we pay off the global coronavirus debts? Tackle the powerful | Ben Tippet
Shutting down tax havens and cancelling debts could pay for the pandemic and more – if countries work togetherCoronavirus – latest updatesSee all our coronavirus coverageCovid-19 has hit the global economy hard. Governments around the world have already injected $11tn in fiscal measures to keep the economy afloat, and the United Nations’ conference on trade and development (Unctad) calculates that low-income countries will require an extra $2.5tn immediately to prevent economic -
'Inept' thief sentenced to four years' jail over multi-million dollar gold heist
via abc.net.auKarl Kachami got away from the heist with more than $700,000 in cash and gold worth $2.5 million, but failed to realise his accomplice in the elaborate inside job had been gesturing him to another safe containing goods worth $4 million. -
Germany to enact female quotas for company boards
via abc.net.auGermany's coalition government reaches an agreement to install a quota system which will require a woman to be present on any company board with more than three members. -
Data shows Port Pirie toddlers have highest blood lead levels in nearly a decade
via abc.net.auNew SA Health data shows lead levels in Port Pirie toddlers have not decreased, despite promises new clean technology would halve lead smelter emissions. -
Instant asset write-off scheme extended to big business
via abc.net.auCompanies with up to $5 billion in Australian turnover can now instantly deduct the cost of new capital investments, under a coronavirus stimulus measure initially aimed at small and medium-sized businesses. -
Capital investment scheme extended big to business
via abc.net.auCompanies with up to $5 billion in Australian turnover can now instantly deduct the cost of new capital investments, under a coronavirus stimulus measure initially aimed at small and medium-sized businesses. -
ASX opens as ASIC mounts probe into embarrassing outage that froze trade
via abc.net.auThe Australian share market opens the week slightly higher, as the corporate regulator confirms that it is investigating an outage that brought trade to a halt last week. -
ASX on a high as border restrictions between NSW and Victoria drop
via abc.net.auThe Australian share market reaches a nine-month high, as the lifting of border restrictions between New South Wales and Victoria brings about a renewed sense of optimism. -
ASIC investigating ASX crash; Qantas shares at highest price since COVID hit
via abc.net.auThe Australian share market opens the week slightly higher, as the corporate regulator confirms that it is investigating an outage that brought trade to a halt last week.
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