NSW-Victoria Borders to Close from Tuesday Midnight | ASX Market Update

  • Jul 06, 2020 AEST
  • Team Kalkine

Following the increase in the number of fresh cases of coronavirus in Victoria and New South Wales, the states’ premiers and Australian Prime Minister have decided to close the NSW-Victoria borders from Tuesday midnight. As on 5 July 2020, Victoria had 74 cases of coronavirus while New South Wales had 14 cases. The announcement for border closure was made when Victoria reported fresh 127 cases on Monday 6 July 2020, the highest daily increase in the cases.

Qantas Frequent Flyer and Afterpay Limited (ASX:APT) shall launch an exclusive new partnership under which Qantas Frequent Flyers could earn Qantas Points using the BNPL platform. These frequent flyers can earn up to 5,000 Qantas points when they link their membership number to their Afterpay account. For those who are new to Afterpay, the member can earn 500 points for joining and adding Qantas Frequent Flyer membership number to the Afterpay account and earn 1 Qantas Point per $1 spent, up to a total of 5,000 Qantas Points.

EVENT Hospitality & Entertainment Limited (ASX:EVT) has successfully refinanced its debt facilities and provided an update on its mitigation actions for managing the impact of the COVID-19 pandemic on the businesses. The debt facilities rose to A$750 million, up by A$205 million, resulting in available cash and undrawn debt facilities of approximately A$320 million. Moreover, the Group does not currently anticipate paying a final dividend for the year ended 30 June 2020.

#ASX #EVT #APT #COVID19 #Kalkine


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