Melbourne and Australia’s second populous state of Victoria is on track to end a fourth lockdown this Friday.
The city entered its fourth hard lockdown, following mystery cases discovered with the Delta variant of COVID-19.
Authorities say the outbreak may have been caused by a hotel quarantine breach, with genomic testing revealing that the strain has an ‘identical match’ to a man who entered hotel quarantine a month ago.
Melbourne businesses are now crossing their figures as they await the news of restrictions easing. Many of them have been ordered to close when the city entered lockdown 4.0 almost two weeks ago.
Victoria has recorded today recorded two new local cases of COVID-19 renewing hopes lockdown will end as planned on Thursday at 11.59pm.
The Department of Health confirmed the two cases were linked to current outbreaks.
Melbourne and regional Victoria were “on track” to ease restrictions later this week, despite the emergence of the Delta cluster, Acting Premier James Merlino revealed during a press conference.
Reported yesterday: 2 new local cases and 1 new case acquired overseas (currently in HQ). – 21,192 vaccine doses were administered – 22,814 test results were received
Melbourne businesses are again facing financial stress as the entire state swells through a fourth COVID-19 lockdown, caused by yet another outbreak.
Government support packages criticised by industry leaders
Throughout the fourth lockdown, industry leaders however have slammed the government for not only their response to the developing cluster, but also the “embarrassing” package offered to those having by a thread during this fourth lockdown.
Chrissie Maus, the General Manager of the Chapel Street Precinct has criticised the Governments response, and says businesses are calling the support offered to them “the nothing package”
Maus told Ticker News host Holly Stearnes that many organisations have lost “much more than a couple of grand”. She detailed that in one night alone, restaurants within her hospitality precinct are losing around $40,000, and the amount “goes up” on weekends.
With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?
As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.
With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.
However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.
Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.
#IN AMERICA TODAY #trending #IPO #IPOmarkets #ratecuts
New York City has marked 23 years since the 9/11 terror attacks that claimed nearly 3,000 lives and reshaped the nation.
Families of the victims gather at the 9/11 Memorial, keeping a sacred promise to remember the fallen with six moments of silence.
These moments mark key events from that tragic morning: the strikes on the Twin Towers, the Pentagon, and the crash of Flight 93 in Pennsylvania.
Also a moment of unity on the campaign trail, as President Biden, Trump, and Vice President Kamala Harris came together at the 9/11 ceremony. #featured #trending