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The recent COVID-19 outbreak has caused extensive disruptions to the entire global economy.
Zoom has had security flaws identified and reported on for some time now. These flaws have been the aforementioned call hijacking, questionable encryption, call traffic being routed through Chinese servers and the more covert issue of Mac users being unknowingly forced into calls.
After continued jostling with industry groups over the weekend, Prime Minister Scott Morrison today revealed the final details of the mandatory Commercial Tenancies Code for commercial and retail leases. This is generally in line with the update the Prime Minister gave last Friday.
After three weeks of constant discussions with our primary care clients at the front line of the Covid-19 health crisis, there can be no doubt our country is incredibly lucky to be served by a group of professionals so dedicated not only to their own patients, but to the community as a whole.
In his statement following the latest meeting of the National Cabinet last week, Scott Morrison announced only one element of the plans for rent relief to deal with growing loss of income being experienced by Australians: a moratorium of 6 months on evictions due to financial distress.
With the world now in the midst of a global pandemic, businesses are facing disruptions across all aspects of their operations and in the marketplace. These disruptions are challenging for everyone in different ways — but for some businesses, it means confronting a very stark reality: heading into the zone of insolvency for reasons outside their control.
The State and Federal Governments have been consistent in their support and contribution towards the health and safety of our most vulnerable Australians – the elderly.
While many retailers have opted to close their doors and wait out the storm, there are those that have pivoted and innovated to emerging customer demands – with sales for camping gear, exercise equipment, home entertainment and arts and crafts going through the roof.
This afternoon the Prime Minister announced a $130b “JobKeeper” package – the largest package delivered by the Federal Government in response to COVID-19 to date.
The Covid-19 pandemic continues to have a wide range of economic impacts for us all, and the Government is responding with a variety of assistance measures as these impacts evolve around us.
Under the best of circumstances, a week is a long time in any active corporate transaction process. It’s constantly subject to external forces — market valuation considerations, stakeholder approvals, availability of credit, to mention just a few.
This morning, Sunday, 22 March 2020, Prime Minister Scott Morrison and Treasurer Josh Frydenberg announced an additional $66b in COVID-19 economic support.