Thursday, July 16, 2020
Home Source ABC Business News (AU)

ABC Business News (AU)

Government extends business tax benefit through to 2021

Businesses making up to $500 million per year will be allowed to continue writing off newly purchased assets worth up to $150,000 under an extended scheme designed to boost cash flow. Key points:

How did a major cyber attack on Australian governments and business happen?

Every level of Australian government is currently under attack by hackers. This is what the PM has told us about it so far. Who is being attacked? Mr Morrison wasn't specific about the hackers' i…

Property developer John Woodman’s business run out of building part-owned by Andrews Government minister

The Ferrari-driving property developer at the centre of an anti-corruption probe has been running his company out of a building part-ownedby senior Andrews Government minister Martin Foley, documents…

‘We would try our best’: Canberra business owner fears second coronavirus wave could force closure

When coronavirus restrictions first came into effect in March, the family-run Civic Shoe Repair business was one of those hit hard. Key points: The ACT Government says imposing harsher coro…

Questacon rethinking entire business model as national institutions begin to reopen

It has been "quite a difficult year" financially for the National Science and Technology Centre better known as Questacon which is 50 per cent funded by visitor revenue. Key points: The Nat…

Outback NSW city demands exemption from South Australian border closure

Business owners and civic leaders in Broken Hill are calling for the South Australian Government to relax its border restrictions for residents of the outback NSW city. Key points: Broken H…

Are you being watched? You may not even know

Australians are being filmed through private security cameras that are being streamed on a website based in Russia. Key points: The Insecam website broadcasts live streams of compromised we…

Mayor orders closure of Seattle’s ‘occupied’ protest zone after fatal shooting

Seattle's Mayor says the US city will move to wind down the "occupied" protest zone following two recent shootings, including one that left a man dead. At least one person was killed during …

Our first recession in 29 years, but the Treasurer is right — Australia’s economic pain isn’t as bad as other nations

Australia might be in its first recession in almost three decades, but our economy is faring better than many advanced economies driven into decline as they attempted to fight a surge in coronavirus …

Australian cheese lovers save regional businesses by ordering online ‘rescue boxes’

Bushfires meant the usually booming summer season was a wipe-out for many regional cheese businesses with cellar-door operations. Key points: Bushfires and COVID-19 restrictions have put pr…

Former NFL executive says teams were wrong for not signing Colin Kaepernick

A former NFL executive says teams were wrong for not signing Colin Kaepernick, and urges the Minnesota Vikings to add the controversial quarterback to their roster now. Former Super Bowl qua…

Tasmania’s Beaconsfield gold mine on course to reopen

The Beaconsfield gold mine in Tasmania' north, the scene of a dramatic rescue operation that captivated a global television audience, has been shut for years but looks set to restart under new owners…
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