The $4 billion JobMaker plan is supporting just 521 jobs, Treasury has revealed. Given it is just a fraction of the 10,000 expected, Treasurer Josh Frydenberg said he would loosen the scheme's eligibility requirements in order to enhance its impact.
Troubled casino giant Crown Resorts has received a takeover bid from the private equity group Blackstone. The James Packer-backed group said on Monday morning that it received the unsolicited, non-binding and indicative proposal from Blackstone on Sunday worth $11.85 per share, valuing Crown at $8 billion. Crown's shares last traded at $9.86.
Severe flooding in across New South Wales has led to an 'insurance catastrophe', the Insurance Council of Australia says. The designation will see insurance agencies grant priority to flood-affected policy holders and institute a dedicated disaster hotline.
In several Australian states a moratorium on rent increases is set to end in late March, only days before the Government's JobKeeper program concludes.
Australia and New Zealand will learn when the two-way, quarantine-free travel bubble begins on April 6. The bubble will see New Zealand open to Australia on a state-by-state basis, Prime Minister Jacinda Ardern said Monday.
One in four Gen Z Australians are on second-hand fashion marketplace Depop, its founders say. "The idea behind Depop is to create a community for like-minded people" said Depop founder Simon Beckerman.
Percussive massage guns are the latest tech innovation to be embraced by the sports world — and they're quickly becoming a household staple for athletes and others who are striving for peak performance.
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