Lion Dairy & Drinks’ generous donation during pandemic
The company has thrown its support behind charity Alex Makes Meals, who prepare and deliver nutritious meals to medical staff and those facing food insecurity.
global pandemic
Product restrictions reintroduced in Victoria on panic buying fears
Purchase limits have been reintroduced on pantry staple products in Victorian supermarkets as new cases of COVID-19 spark fears of more panic buying. Victoria is in the midst of a new wave of virus cases, many of which have arisen from community transmissions. The state recorded 20 new cases yesterday and one death and fears …
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IRI Australia’s overview of COVID-19’s impact on FMCG
IRI Australia have painted a dire picture of the economic impact of COVID-19 on the Australian economy. According to their COVID-19: Impact on the Australian FMCG Landscape report, the virus has shaken consumer confidence. The research company said global economic growth was already at a significant low of just 2.1% – the lowest level …
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Some relief for small business in third government stimulus package
Businesses will soon be able to offer their staff a wage subsidy of $1,500 per fortnight during the Covid-19 crisis. The $130 billion JobKeeper payment was announced yesterday as part of the federal government’s third stimulus package and will be available to businesses who have been significantly financially disadvantaged due to the virus. However, while …
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Not business as usual: how the industry is adapting to changing conditions
As the flow on affects from the spread of Covid-19 continue to have an unprecedented impact across industries, businesses are having to rapidly adapt to the evolving situation. The current climate is especially tumultuous for service based sectors, including convenience, hospitality and retail. Internationally, the crisis has sparked lock-downs across the globe, forcing many European …
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Government stimulus package to help small business through Covid-19 hit
The federal government has this morning unveiled its stimulus package, in an attempt to keep Australia out of a recession as COVID-19 cases continue to increase. The $17.6 billion package, worth just over 1% of Australia’s total GDP, will be rolled out over the next three years, $11 billion of which will be released by …
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