Cash injection for Melbourne businesses amid lockdown extension

Published

3 years ago

July 21, 2021

Businesses within Melbourne and Australia’s state of Victoria have been sent some welcoming news

Melbourne businesses will be entitled to further financial assistance as the state’s lockdown is extended another week.

Minister for Industry and Support Martin Pakula made the announcement today, stating that the most recent support package was worth more than $282 million.

“We are announcing an additional $282.5 million in new cash grants for businesses affected by the seven-day lockdown extension,”

The announcement brings to the total support package made for businesses totaling $484 million for the cities fifth lockdown.

But business owners continue to plead with leaders stating that lockdowns are no longer the answer to manage the virus, and many have slammed the government for the fine print.

Mr. Pakula revealed the Victorian government had spent about $7 billion in business support throughout the pandemic.

Will Australia’s foreign investment rule create an economic boost?

Published

3 days ago

May 8, 2024

Nathan Langridge

Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

Money

Research key to investment success

Published

5 days ago

May 6, 2024

ticker NEWS

What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

Money

Why “stagflation” will be the greatest financial threat of 2024

Published

5 days ago

May 6, 2024

Nathan Langridge

With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured