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10 things you need to know this morning in Australia
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Thursday 26 March 2020
Business Outsider
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10 things you need to know this morning in Australia
Good morning!
All 220 Tigerair pilots will be made redundant as part of Virgin Australia's layoffs
Virgin Australia will make all pilots at its budget arm Tigerair redundant as part of a round of layoffs that will see more than 1000 workers lose their jobs.
Australians are buying hydroxychloroquine after Trump called it a 'very powerful' treatment for COVID-19 – a claim which remains unproven
More than 11,000 Australians, triple the average, have been prescribed the drug in the last week alone.
Dow surges 1,352 points, reenters bull market, as traders cheer coronavirus stimulus bill
US stocks gained Thursday as investors shrugged off a huge number of weekly jobless claims spurred by layoffs related to the coronavirus outbreak.
More than 3,000 properties were meant to go under the hammer this weekend. Then the government banned auctions.
On Tuesday, the Federal Government banned property auctions and open houses indefinitely to stop the spread of COVID-19.
Flight Centre announced it is standing down 3,800 Australian employees, as coronavirus restrictions put the travel industry on hold
The company says it will make some effort to liaise with "a large pool of other potential employers" to redeploy them into other roles in the interim.
A rolling list of retailers that have shut their doors amid the coronavirus outbreak, including Michael Hill, Noni B and The Athlete's Foot
From Noni B and Michael Hill to The Athlete's Foot, the coronavirus is claiming more Australian retailers.
The US now has the world's biggest coronavirus outbreak — its case total just surpassed China's
The US has surpassed China and Italy in confirmed coronavirus cases, becoming the centre of the outbreak.
A British builder filmed inside the massive London venue which Boris Johnson's government is turning into a coronavirus hospital
"If you're not taking it seriously like I wasn't, I think we really need to start, because they're preparing for an absolute high death toll here."
South Australians who have lost their jobs due to the coronavirus outbreak will be given $500 as part of a new stimulus effort
It's all part of the South Australian government's second state stimulus package worth $650 million.
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