Flights within Australia are expected to resume

Qantas is preparing to resume more normal domestic flights, and a series of new safety measures will take effect on June 12, including the provision of masks for passengers and the establishment of hand disinfection stations at the gates and waiting rooms. These improvements are aimed at reassuring passengers after the restrictions on the new…

Four major banks cut interest rates again

Australian banks are slashing interest rates on time deposits and savings, and warned that as unconventional stimulus policies lowered the cost of money, they will further reduce deposit interest rates in the future. Large banks have lowered interest rates on a series of time deposits in recent weeks, and one expert called this an unexpected…

Victoria marches towards a higher level of circular economy

According to AAP, Infrastructure Victoria announced on Thursday that the public and private sectors should upgrade or construct 87 new plastic, paper, cardboard, glass, organic, tire and electronic waste processing plants To achieve the goal of recycling 90% of waste in 2039.   Currently, 69% of Victoria’s waste is recycled and processed into renewable products.…

Banks have lowered their deposit rates

Banks have slashed their interest rates on time deposits and savings, and there will be many downward adjustments in the future as special stimulus policies drive down the cost of financing. In recent weeks, large banks have lowered the interest rates on a series of time deposits, and experts call them unexpected consequences of supporting…

Westpac Bank’s New Deal

Westpac, one of Australia’s largest banks, announced a series of reforms that will affect those who wish to lend to this large bank. According to postcode restrictions, customers must deposit a 30% deposit with the bank in order to obtain approval for loan products at large banks. Westpac ’s sub-banks, including St. George Bank, Bank…

Australians even support relaxation of restrictions

Polls show that Australians are increasingly satisfied with the government’s relaxation of restrictions on the spread of the virus, but people also hope that if the virus re-emerges, the blockade and travel ban will be implemented again. The latest poll came when Finance Minister Josh Frydenberg quantified the economic benefits of the government ’s complete…