News Beyond Markets || Why Businesses In AUS Feels The Pinch Post A Year Of Covid-19 Pandemic?

• The Morrison Government has now put in place the necessary regulations that will ensure Australia's brewers and distillers can receive additional tax relief from 1 July 2021.

• Democratic Republic of Congo's government said on Tuesday that Fortescue Metals Group would develop the Grand Inga hydroelectric power project, including a 4,800-megawatt dam that has already been committed to Chinese and Spanish developers.

• Santos CEO Kevin Gallagher said on Tuesday that Australia, the world's biggest exporter of coal and liquefied natural gas, should view decarbonisation not as a threat but as an opportunity to create a "new, large-scale industry" in carbon offsets. 

•  Bankrupt miner Samarco Mineracao plans to receive a 1.2 billion reais or $238 million debtor-in-possession loan extended by its controlling shareholders, Vale and BHP Group Ltd, to maintain its activity.

• Tasman Sea - Acting Agriculture Minister Meka Whaitiri announced at Fieldays today that the Government is backing a major programme investigating plantain's potential to help farmers protect waterways and improve freshwater quality

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