Business

Wed 8 Apr 2020

Virus puts Queensland pubs in ‘serious trouble’

premium_icon Virus puts Queensland pubs in ‘serious trouble’

The enforced closure of the nation’s pubs has left the industry reeling, with many fearing they will eventually have no option but to call last drinks forever.

ASX plunges as banks hit with credit downgrade

premium_icon ASX plunges as banks hit with credit downgrade

The Australian share market has plunged more than 2 per cent at its open today, with the big four banks hit as a major credit agency downgraded their rating.

BOQ to defer dividend after APRA advice

BOQ to defer dividend after APRA advice

Bank of Queensland has deferred paying shareholder dividends after APRA urged banks to reconsider them amid uncertainty due to the coronavirus pandemic.

Billionaire gives up quarter of wealth

Billionaire gives up quarter of wealth

Twitter CEO Jack Dorsey has poured $US1 billion of his own fortune into a new fund dedicated to “global COVID-19 relief”.

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