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RBA expects 1 million Australians to stay unemployed until end of next year

Up to a million Australians may have lost their jobs since social-distancing measures to limit the spread of COVID-19 ramped up, new ABS data suggests, while the Reserve Bank expects the economy to take a 10 per cent hit.




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Work begins on the Gold Coast's $1 billion Pacific Motorway upgrade

Work begins on the Gold Coast's $1 billion Pacific Motorway upgrade, with promises it will benefit motorists and the economy.




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Murray Bridge journalist launches online service after ACM suspends newspaper

A journalist left out of work after Australian Community Media shut down his regional printing press starts his own online newspaper in an effort to keep the community informed.




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Hotel industry body calling for pubs to reopen later this month under loosened restrictions

A peak industry body says South Australia's 12-day stretch without any new coronavirus cases has created a "high level of expectation" that pubs will reopen.




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With the curve flattened, the PM is focused on getting a million people back to work

While tough coronavirus restrictions have saved thousands of lives, Scott Morrison says the country is now in a position to start clawing back some of the $4 billion lost every week that restrictions continue. Here are the key takeaways from his press conference.




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Corporate giants warn coronavirus exodus means Sydney's CBD will never be the same again

As the Government begins easing social-distancing restrictions, there are doubts once-bustling workplaces in Sydney's CBD will ever return to the way they were.




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Foxtel 'threatened with extinction' within a few years as streaming services cannibalise revenue

Under siege from much cheaper rivals and with lenders unwilling to support it, pay TV operator Foxtel is increasingly looking like a threatened species.




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The US meat industry has been crippled by coronavirus. Here's why that won't happen here

US meatworks have been epicentres for coronavirus outbreaks and shutting them down has disrupted the supply chain. But Australia is set up differently.




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Virgin Atlantic lays off thousands of staff as more trouble hits Richard Branson's brand

Just weeks after Virgin Australia goes into voluntary administration, UK-based Virgin Atlantic is forced to lay off thousands of workers as the coronavirus pandemic takes a heavy toll.




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'A rip-off and a rort': Residents have their say as ACCC questions ‘higher than expected’ NT fuel price

Michael Gunner issues his "first and final warning" to petrol companies to take action as the ACCC puts in its two cents on the NT's comparatively high fuel prices.




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'There's got to be a better way': Exploration company pushes to reduce plastic bags

A small exploration company drilling for gold in Western Australia's Goldfields wants to change the perception that the resources sector is a "dirty industry" by using biodegradable bags for drill samples.




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Tom Cruise to star in movie shot in space, NASA confirms

Fewer than 250 people have been on the International Space Station but Mission Impossible actor Tom Cruise looks set to become one of them, in part to "inspire a new generation of engineers and scientists".




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A day of fasting, the evening meal, then the entire building went up like a bonfire

Huge flames are filmed shooting up the side of a Middle Eastern residential tower shortly after residents finish their nightly Ramadan meal.




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Is anyone buying 'fake meat' during a global pandemic?

It was the first alternative-meat company to debut on the American stock exchange. But how is Beyond Meat coping 12 months on during a global pandemic?




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Historic burnt-out cottage and house overlooking gorge attract $3.2 million price tag

The two cottages are up for sale in a historic part of Launceston but one of the buildings will likely cost hundreds of thousands to repair.





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Almost 7,000 square kilometres of land to be released for coal and gas exploration in regional Queensland

Almost 7,000 square kilometres of land will be released for coal and gas exploration in central and north Queensland as part of measures to ensure the survival of the resources sector through the coronavirus pandemic, the State Government says.




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Hemp smoothies, muesli among creative uses of first edible organic crop

Australia's largest organic edible hemp crop is being harvested in Victoria's north west with agronomists talking up its food and fibre potential.




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An unthinkable event tore Fremantle's heart out, just as the port city was on the brink of renewal

A major redevelopment was hoped to revitalise WA's historic port city, but the coronavirus pandemic has instead left businesses empty with workers, tourists and locals forced to stay away.




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Coronavirus has delivered some scary numbers for Europe, and more are ahead — the financial cost

The collective European economy will contract by 7.7 per cent this year and debt will skyrocket, with Italy, Greece, Spain and Portugal among the hardest hit by the economic effects of the coronavirus pandemic.




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ASX falls, miners rise as iron ore drives record trade surplus

The Australian share market falls but iron ore mining stocks make gains after Australia posted a $10.6 billion trade surplus in March and iron ore exports rose.




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Mother's Day visits off the table as Victorian Premier defends coronavirus contact tracing efforts

Premier Daniel Andrews defends the work of contact tracers as 13 more coronavirus cases are linked to a cluster at Cedar Meats in Melbourne's west.




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ICAC investigating alleged 'improper conduct' by university vice-chancellor

South Australia's Independent Commissioner Against Corruption confirms he is investigating allegations of improper conduct by the vice-chancellor of the University of Adelaide.




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How soon will music festivals return?

Some festivals are pushing ahead with dates for later this year, despite uncertainty around how to safely mingle once public gathering laws are eased and what the spread of the virus will look like in the second half of 2020.




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Commonwealth Bank temporarily closes 114 branches due to coronavirus impacts

CBA says today's closure of 114 branches nationwide is temporary and due to a massive increase in online and telephone banking.




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TPG-Vodaphone $15b merger in shareholders' hands after clearing hurdle

Vodaphone Hutchison Australia's boss says the deal is now a step closer to reality and plans are in place to bring the two companies together mid-year.




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Cotton On reviews decisions on hundreds of workers it ruled out of the JobKeeper program

The retail giant Cotton On reverses its decision to exclude 200 staff from the JobKeeper program as it faces uproar from casual workers who say they are being unfairly denied the wage subsidy.





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'Nothing changes today': Victorians must wait until Monday to learn when shutdown measures will ease

Premier Daniel Andrews says his Government will explain changes to the state's coronavirus restrictions on Monday, after the National Cabinet agrees to a three-step process of lifting restrictions to create a "COVID-safe economy".




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SunRice looks to environmental water, subsidies, government intervention as solutions for harvest

SunRice says it will guarantee Australian-grown rice returns to supermarkets in April if the Murray-Darling Basin Plan is changed so environmental water can be used to grow rice.




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Is your steak safe to eat? Abattoir coronavirus outbreak leaves consumers wondering

A coronavirus outbreak at a Melbourne abattoir has left consumers wondering about food safety — but experts say meat is still very safe to eat, and any risk is "ridiculously small".




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Banks defer repayments on more than 600,000 loans, Macquarie halves dividend

Australian shares rise, including Macquarie Group, despite slashing its dividend. The Australian Banking Association say a further 100,000 loans were deferred over the past week.





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Environmental hit as bins fill to the brim with disposable coffee cups

Disposable cups are currently the only option for most cafe owners to provide takeaway coffee to customers, but environmentalists are worried about the consequences.




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Government delays banking overhaul recommended by royal commission

Reforms recommended by the Banking Royal Commission, which uncovered widespread financial misconduct, will be delayed so the financial industry can recover from the coronavirus crisis, Treasurer Josh Frydenberg announces.




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Brazil on verge of economic collapse and food shortages, leaders warn

Brazil's President says steps must be taken as soon as possible to bring Latin America's largest economy out of "intensive care", as controversy continues over the Government's handling of the coronavirus crisis.




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ME Bank responds to customer outcry over missing cash

After thousands of customers reported missing money from mortgage redraw facilities, the bank apologises for not communicating with customers and promises to do better.




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US economy 'on life support' as unemployment soars to nearly 15 per cent

The US economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression, but President Donald Trump says "all those jobs will be back" very soon.




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Restaurateurs, publicans say rules to reopen not financially viable with 10-person limit

Many Queenslanders rejoice that some coronavirus restrictions will soon be lifted but what does this mean for the state's restaurateurs and publicans?




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'They're really struggling': Should personal finance be a subject in high school?

Young Australians need to be prepared now for the next major financial shock as the coronavirus pandemic reveals some families do not understand the long-lasting impact of the decisions they are making, experts say.




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One third of NT budget repair plans in place, one year after warnings of debt crisis

One year after releasing its plan to drag the NT budget out of structural deficit, the Labor Government says a third of its promises have been implemented in full. But some key measures are still in the works and the Opposition is demanding a better look at the books.




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Coronavirus cases rise as Victorians wait for restrictions to be eased

Eleven new coronavirus cases are identified in Victoria, four linked to the cluster at Cedar Meats, as infection rates fall in other states. Meanwhile, the Government is urging people not to abandon the restrictions before an announcement is made on Monday.




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Why the COVID-19 infection curve looks different for every Sydney suburb

Some parts of Sydney have avoided major outbreaks despite high numbers of overseas cases, while locally acquired cases have outpaced imported cases in other areas.




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As the day unfolded: Scott Morrison says Australia's COVID-19 restrictions to remain in place for at least four weeks, nation's death toll stands at 65

If you suspect you or a family member has coronavirus you should call (not visit) your GP or ring the national Coronavirus Health Information Hotline on 1800 020 080.




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New suits and long journeys: How we navigated the Great Depression

Memories of the Depression years come flooding back with talk of Australia heading into another depression or at least a severe recession.




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Tamil family on Christmas Island wins Federal Court case

A Tamil asylum seeker family detained on Christmas Island has won a legal battle in the Federal Court, which found two-year-old Tharunicaa was denied procedural fairness.




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Macquarie University to accept students based on year 11 results

Macquarie University has become the first in NSW to accept students based on year 11 results across all its course offerings.




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"Very messy": Principals question premier's part-time learning plan

Premier Gladys Berejiklian wants students to resume learning under a roster system, but principals have slammed the idea as confusing and unrealistic




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'I needed money': paroled drug mule Cassie Sainsbury speaks out in Colombia

The Australian woman walked free from a Bogota jail where she served three years for drug running, telling 60 Minutes "it doesn't feel real" to be out.




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As normal everyday functioning vanishes, our society has been put on trial

The fabric of our society is generally taken for granted as flexible and difficult to tear, but the pandemic has torn our society out of its routine.