Friday Wrap 30th October 2020
Finance & Coffee Talk with Dien
English - October 30, 2020 01:21 - 12 minutes - 11.3 MBEntrepreneurship Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
-News for the week that was in Finance-
Covid News
-Great news for VIC
-NSW not so much
-Covid Supplement to extend well into 2021?
ATO
$120m clawed back Jobkeeper Payments from ineligible clients
ABS data on consumer prices
Inflation has increased 1.6%
Carbon Neutral Targets
Coal and natural gas purchases in Australia in danger as overseas governments adopt this stance.
ANZ has also announced a carbon neutral plan
No assistance to finance coal and thermal plants
No longer providing services to businesses whose rev (10%) is made up of coal / thermal.
ANZ policy also applies to the construction of large scale office buildings - where loans will only be provided if they had a 5 star energy rating.
Wine exports has increased by 4% - despite all the rumours
Banking news
ANZ - $500m cash profit hit
NAB - Staff underpaid hits profits
ABL - Board of ABL takes a paycut
And more!