$69 postpage LB

Find out what''s happening in ASX Market 2020 amid covid-19!

  • April 18, 2020 04:00 AM AEST
  • Team Kalkine

Welcome to the daily market update of Kalkine, let you walk through what's going on in Australia

non AMP MTF 10th feb webinar

The Queensland Government is offering $200 million to help rescue Virgin Australia but says it will not be enough to keep the airline afloat. The airline has asked for a $1.4 billion loan from the Commonwealth to help it through the coronavirus pandemic, but it has so far been offered a share of $165 million.

Woolworths has announced further social distancing and hygiene measures, in a bid to help stop the spread of coronavirus in its stores. In an email to customers, the supermarket giant confirmed two new changes, including the introduction of screens at self-serve checkouts and hand sanitizer stations.

Federal Labor is urging the Morrison government to help the crew of the COVID-19 infected Ruby Princess, as the owner of the cruise liner company is being sued by the family of a US citizen who died from the disease.

Labor says the government must not force the vessel to leave Australian waters with crew members on board who have tested positive to the coronavirus. More than one hundred crew members on the Ruby Princess have contracted COVID-19 with a number already being airlifted to Sydney hospitals.

the government won’t force Australians to download tracking software after it was viewed by many as a draconian measure to trace coronavirus cases in the community.
On Friday, Scott Morrison said he wanted to make the app compulsory if enough people didn’t sign up for it because at least 40 percent of the population needs to be on board to make it effective. But in a tweet this morning, he confirmed it “will not be mandatory”.

 


Disclaimer
The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. (Kalkine Media) A.C.N. 629 651 672. The principal purpose of the content on this website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.

 

   
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