Aussie workers given $1,000 ‘thank you’ payment | ASX Market Update

  • Jul 17, 2020 AEST
  • Team Kalkine

Staff at Bunnings are set to be handed up to $2,000 as a bonus payment for working during the coronavirus pandemic. The hardware giant has been inundated with desperate shoppers stocking up on supplies since the crisis began to escalate in March. At the height of the pandemic the company made a desperate plea for patience after staff repeatedly had to deal with 'disrespectful, impatient people'. To say thanks for their hard work, employees are being rewarded with cash. Full-time permanent staff will get up to $1,000, part-time staff and casual workers will receive an amount based on hours worked over the past six months. Store support centre staff will receive up to $500.

Prime Minister Scott Morrison is to pledge for an additional funding for the local film and television industry. The $400 million package is designed to entice more productions to shoot in Australia with the money going to an already existing support program. The investment is estimated to attract around $3 billion in foreign spending, and create 8,000 jobs a year for people in the struggling industry from actors to make-up artists and carpenters. The program will be spread over three years and is hoped to attract productions and an ongoing pipeline of work for the Australian entertainment sector.

Viva Leisure Limited (ASX:VVA) updated the market on status of the reopening of its facilities and stated that a total of 76 locations or ~94% of Viva Leisure facilities are open and operating. The company stated that locations other than Melbourne metro locations are operating. Melbourne metro locations account for just 4% of the entire membership portfolio of Viva Leisure. Moreover, VVA mentioned that membership has recovered to 98% of pre-COVID levels, and the current membership is 95,400. Post announcement VVA quoted at A$2.070 up by 5.076% at AEST 12:04PM.

#ASX #VVA #Ausbiz #Kalkine


The video has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above video is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. Kalkine does not in any way endorse or recommend individuals, products or services that may be discussed on this site.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK