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Daily Archives: February 5, 2021

‘Finger on the pulse’: Central banks told future is digital

He said the coronavirus crisis had highlighted the importance of resilient financial infrastructure starting with central banks and their oversight of digital services. Loading Accenture’s report argues that as banks, fintechs and companies such as Amazon and Alibaba expand their digital footprints, central banks have to follow suit. “In short, …

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Tighten ‘better off overall’ exemption in IR bill but let us change staff hours, bosses urge

Ahead of Senate committee hearings on the bill next week, employers are racing to convince crossbench MPs to rein in the government’s plans to criminalise underpayment of workers but ultimately pass the bill. Unions want it rejected entirely. Loading ACCI workplace director Scott Barklamb said the Morrison government’s proposed changes …

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Wolves in fleece jackets: Gen Z faces dark side of Reddit rebellion

Armed with sharemarket trading apps such as Robinhood, “youth” traders used popular online discussion forum Reddit to hatch their plans to push the share price of GameStop up 1500 per cent in January, turning a company that was worth less than $US290 million ($382 million) a year ago into a …

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Irish pubs win test case over lockdown insurance claims

Dublin: Ireland’s High Court ruled on Friday that four publicans insured by FBD were entitled to be indemnified for losses under lockdown-linked claims, in a test case that could have implications for over 1,000 similar contracts. Irish pubs have been shut for large parts of the last 10 months due …

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‘People are hurting,’ Biden says as jobs report spurs stimulus push

Washington: After weak jobs data showed the US labor market recovery is stalling, President Joe Biden and his economic team on Friday hammered home the same message in meetings, interviews and television appearances: It’s time to get more money out to the economy. Meeting with top Democrats from the US …

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Fashion mogul Peter Nygard denied bail in US extradition case

His lawyers had argued that Nygard’s poor health left him vulnerable if he were to be infected by the new coronavirus in prison, but Greenberg said that did not automatically qualify him for release. “It is not a get-out-of-jail-free card,” the judge said in her oral decision. US justice officials …

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Best of the week: What to see, hear and do from February 7-14

TUESDAY, FEBRUARY 9 MUSIC Estonian composer Arvo Pärt’s double concerto for two violins, Tabula Rasa (until February 14), featuring artistic director Richard Tognetti and principal violinist Satu Vänskä, heralds Australian Chamber Orchestra’s first concert of the year. 8pm, City Recital Hall, 2 Angel Place, Sydney, aco.com.au WEDNESDAY, FEBRUARY 10 FILM …

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As it happened: Victoria hotel quarantine worker’s close contacts all test negative; WA reopens after snap lockdown

This brings us to the end of another national coronavirus blog. David here shutting it down for the night and recapping today’s top stories. We had a couple of late-breaking COVID stories, including the news that all 17 close contacts of the Melbourne positive case this week have returned negative …

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Questions over hotel quarantine as calls made for national protocols

And Wagner says it would be safer than CBD hotels, which are under fresh scrutiny this week after two hotel workers – one in Melbourne, one in Perth – almost certainly contracted the virus from airborne transmission, triggering a snap lockdown in the West Australian capital and tighter community restrictions …

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Ringing in a new year and unearthing a new symbol of our love

Three days after my wedding, I lost my wedding ring. Some may this say was a bad marital omen, while others may say this was a forewarning of nuptial doom – either way, it wasn’t looking good for us. Thankfully it all worked out fine, our marriage has lasted, only …

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