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| | | ... reverts to its pre-COVID-19 record high. Australian women made up the majority of those who lost their jobs during this crisis, he said, noting that females and young workers suffered most acutely in the earlier stages of the pandemic. Between May and ... |
| | | | ... 100,000 jobs on worksites across the country today," he said. "Together with what we have announced since the start of the crisis, measures in this Budget will see $14 billion in new and accelerated infrastructure projects support a further 40,000 jobs." ... |
| | | | ... in real terms from the $196 billion spend last year. The social security spending is largely in response to the COVID-19 crisis, with the government predicting that spending will decrease to the $200 billion level in 2021-2022. The government's economic ... |
| | | | ... recruitment of 52 people to support NAB's private bank and 400 recruits hired to support customers struggling during the COVID-19 crisis. The bank said the investment in its business and private banking team would help grow the franchise, and would also ... |
| | | | ... future governments to hike taxes or cut the pension. "While the scheme helped get funds to people who needed them during the crisis, the limited checking of applications signals many in Canberra also viewed the scheme as a useful economic stimulus," ... |
| | | | ... banks and their shareholders to increasing levels of climate risk, it's also undermining our chances of keeping the climate crisis under control." Commonwealth Bank came out unscathed allowing room for an ongoing shareholder resolution regarding climate ... |
| | | | ... the solution," Duckett said. "The horror stories from the Royal Commission into aged care and from the COVID-19 aged care crisis have to stop." Duckett called for an increase in spending and an overhaul in regulation to fix the sector, but said the most ... |
| | | | ... would have been in a recession (like many other countries including the US, Europe and Japan) during the global financial crisis had it not been for the double-digit growth in China (at the time) and its voracious appetite for our goods and services. ... |
| | | | ... reduce the longer-term economic scarring. "Despite our success in cushioning the blow from COVID-19, we know that this crisis will have long-lasting effects on Australia's economy and on our fiscal position," Frydenberg said. "Our economy will be persistently ... |
| | | | ... unclear global investment environment. La Trobe Financial has remained open for business throughout the COVID-19 virus crisis and maintains substantial forward funding capacity alongside $488 million of shock absorber and regulatory capital." La Trobe ... |
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