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Sydney behind the gates as Melbourne and Adelaide exit lockdown

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As Sydney continues to battle high Covid-19 case numbers, Melbourne and Adelaide will come out of lockdown from 11:59pm local time tonight

From 11.59pm tonight, Victorians will be able to leave their homes for any reason. Restaurants and cafes can also reopen for seated service. Retail and beauty and personal care will open in line with density limits, as will entertainment venues and community facilities.

Melbourne to lift lockdown restrictions

Premier Daniel Andrews has announced the “cautious” easing of restrictions, in place to limit social interaction while allowing business to reopen.

It follows Melbourne and the state of Victoria recording 10 new Covid-19 infections today, which were all linked to current outbreaks and all quarantining whilst infectious. 

What changes for Victoria?

This news will be a welcome relief for businesses who have been severely impacted by this fifth lockdown.

“To every Victorian who checked in with our QR system, who got tested and quarantined, and stayed home to slow the spread of this virus, thank you – it’s because of you we’ve able to get on top of this Delta outbreak and open up our state”

Premier Daniel Andrews

The conservative easing of regulations will see hospitality and retail reopen, with strict density limits, but masks will still be required both indoors and outdoors and visitors at home will remain banned. 

Public gatherings will be allowed with up to 10 people, with infants under 12 months not included in the cap.

“Today is welcome news but with thousands of Victorians in quarantine, we need to remain vigilant to keep each other safe – so please check in everywhere, every time, wear a mask and get vaccinated as soon as you’re eligible.

Minister for Health Martin Foley

However, due to the significant transmission risk we have seen throughout the pandemic, gatherings in the home are still not permitted. People will only be able to book accommodation with their household, intimate partner or single bubble person.

Live music venues, dance classes and physical recreation facilities, including gyms, will all open with density requirements of 1 person per 4sqm.

“We understand that that will be challenging for people who have not seen family and friends for a couple of weeks now … but we know that this is where transmission occurs.”

Mr Andrews also said there will be no crowds at large gatherings for a few weeks.

“No crowds at large events theatres or those sorts of gatherings for at least two weeks.”

A maximum of 50 people will be permitted at weddings. Funerals will also have a cap of 50 mourners, plus those conducting the funeral.

Health officials say they take “some comfort” in knowing that all cases over the past 48 hours have been in isolation whilst infectious. 

Sydney records highest daily covid-19 numbers

NSW has reported 172 new local coronavirus cases on Tuesday, its highest daily case total since the start of Sydney’s current outbreak, with at least 60 infectious in the community.

“My message to everybody is please come forward and get the vaccine,” the Premier said.

“Not only are you protecting yourself but you’re protecting those closest to you.”

Half of Australia’s population in lockdown until midnight Tuesday

Australia’s second-biggest city plunged into lockdown five two weeks ago after an outbreak of COVID-19.

NSW has now recorded its ninth and 10th deaths related to outbreak.

Meanwhile, South Australia’s lockdown is expected to end at midnight but a range of restrictions will remain in place.

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U.S. dollar weakens while Australian dollar rises amid global market shifts

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US dollar weakens as Trump comments; Australian dollar gains from commodity prices and RBA rate hike expectations


The US dollar is coming under pressure as the economy remains strong and President Trump comments on its decline. We explore how this is impacting major currencies around the world and what it means for investors.

Meanwhile, the Australian dollar is benefiting from rising commodity prices and growing expectations of an RBA rate hike. Global investors are increasingly drawn to Australia’s bond market as economic conditions shift.

Currency trading strategies are adapting to this changing landscape, with potential implications for interest rates and international markets. Steve Gopalan from SkandaFX breaks down the trends.

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#USDDollar #AustralianDollar #ForexTrading #RBA #InterestRates #GlobalEconomy #CurrencyMarket #Ticker


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Wall Street slides as AI spending raises investor concerns

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives. Tune in for insights!

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Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives.


Wall Street closed lower on Thursday, with the Nasdaq leading losses as investors questioned whether Big Tech’s massive AI spending will pay off. Microsoft shares tumbled after revealing record AI infrastructure costs, while Meta rallied on strong earnings and a bullish outlook.

Kyle Rodda from Capital.com joins us to explain what spooked markets, which tech names are holding up, and whether AI budgets are getting too big.

We also discuss rate expectations, macro risks, and what to watch in the upcoming earnings season.

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Tesla brand value plummets amid Elon Musk’s political focus

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

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Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Tesla’s brand value plummeted by $15.4 billion in 2025, falling to $27.61 billion from $66.2 billion in early 2023. Analysts say Elon Musk’s political focus and a slowdown in new models have distracted the company’s core business.

In the U.S., Tesla’s recommendation score sank to just 4 out of 10, down from 8.2 in 2023. Despite this, loyalty among existing owners remains high at 92 per cent, showing a strong but shrinking fan base.

#TeslaNews #ElonMusk #BrandValue


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