Crown has confirmed it has stood down 95 percent of its workforce due to the coronavirus pandemic. More than 11,000 staff have been stood down from the Melbourne and Perth casinos, Crown Resorts Limited said. Eligible casual workers will be given a lump-sum payment of $1,000.
Westfield shopping centers have launched a new initiative that will prevent people from wandering around stores amid the coronavirus pandemic. Shoppers will have the ability to collect everything from flowers to smoothies and coffees from the comfort of their cars, as Westfield has transformed their valet car park service into the shop and collect experience.
Petrol prices in Sydney are heading towards an 18-year low as it drops below $1 across the city.
Australian fintech Airwallex has raised $US160 million ($252 million) in new funds from investors including ANZ and Salesforce. The real-time payments platform was valued at over $US1 billion ($1.5 billion) last year, making it a tech 'unicorn', Airwallex will use funds to accelerate its growth in Europe, the US, and new markets, expand its product line to include payment acceptance solutions through a proprietary gateway and for potential acquisitions in the payments space.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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