Australia’s banks will extend the six month deferral of loans, building on the ABA’s Small Business Relief Package, to 30,000 more businesses across the country. This support now extends to 98% of all businesses with a loan from an Australian bank. Businesses with total business loan facilities of up to $10 million (up from the […]
The Australian Banking Association has prepared a quick easy guide for customers during the COVID-19 pandemic. 1) I’ve lost my job, or lost hours, as a result of COVID-19, what type of financial hardship relief are banks offering? Banks are now offering customers the option to defer home loan repayments for up to six months. […]
At the current speed at which COVID-19 is spreading in the country, India is at the threshold of a major medical calamity within a month, and the country must implement a ‘Janata Curfew’ for at least two weeks, warns a leading microbiologist. “We feel if asocial distancing’ is not implemented seriously, by end-April hospitals may […]
After US President Donald Trump calling COVID-19 a “Chinese virus” and US Secretary of State Mike Pompeo blaming China, Russia and Iran for spreading disinformation about new coronavirus, questions are now being raised over whether Beijing can be held legally accountable for covering up initial outbreak and clamping down on real information from being shared. […]
A significant step-up to Australia’s national response to the Coronavirus COVID-19 pandemic has been endorsed by the National Cabinet, comprising the Prime Minister, State Premiers and Territory Chief Ministers. Based on the advice of the Australian Health Protection Principal Committee (AHPPC), the National Cabinet agreed that our core objective now is to slow the outbreak […]
Hollywood superstar Tom Hanks and his wife Rita Wilson announced that they have tested positive for the novel coronavirus. Hanks and Wilson, both 63, sought medical advice after experiencing symptoms of a cold in Queensland, the BBC quoted the actor as saying in an Instagram post on Thursday. Hanks wrote on Instagram: “We felt a […]
A pandemic is the “worldwide spread of a new disease”, according to the World Health Organization (WHO), which means that nearly every human being on Earth — close to 8 billion — is now susceptible to coronavirus (Covid-19). The coronavirus outbreak was on Wednesday declared a pandemic by the World Health Organization (WHO), whose chief […]