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Australian share market narrowly avoids five week losing streak – NEWS.com.au

Australian share market narrowly avoids five week losing streak

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The Australian share market sank lower after a negative lead from Wall St but narrowly avoided racking up a five-week losing streak.The S&P/ASX200 was down 0.32 per cent at 5864.5 at close on Friday while the All Ordinaries Index slipped 0.19 per cent to 6057.6.
CommSec analyst Steve Daghlian said weakness in the US market overnight related to uncertainty around future timelines for COVID-19 vaccines combined with disappointing housing and jobs data.
Locally, the big four banks weighed on …

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Australian promoters call for Government insurance scheme to get music festivals going during coronavirus – ABC News

After a swathe of cancelled music festivals, promoters are pledging to get Australian punters back partying in 2021. But difficulty in getting insurance coverag…

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After a swathe of cancelled music festivals, major promoters are pledging to get Australian punters back partying in 2021.
Key points:

  • Music festival promoters are grappling with major losses after COVID-19 cancelled events
  • Promoters are struggling to get pandemic coverage that would protect them against future cancellations
  • Major names in the industry are calling on the Federal Government to set up an insurance scheme for them

But even if social gathering r…

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Rolling coverage: ‘Ring of steel’ may be lifted in time for Christmas – Herald Sun

This coronavirus article is unlocked and free to read in the interest of community health and safety. Get full digital access to trusted news from the Herald Su…

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This coronavirus article is unlocked and free to read in the interest of community health and safety. Get full digital access to trusted news from the Herald Sun and Leader for just $1 a week for the first 12 weeks.
The “ring of steel” separating Melbourne and the regions could be lifted in November, allowing families to gather for a COVID-normal Christmas.
Daniel Andrews said there was no “hard number” for authorities to lift the border between the city and country, but said numbers would nee…

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Rental data shows where Australians want to live during coronavirus (and where they don’t) – ABC News

When one man said he was moving to Melbourne last week, residents told him he was crazy. The latest data shows he probably is going against the grain.

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It began with a message on Reddit last week.
“Relocated to Melbourne for work. I think I’m going to like it here,” it read.
It was posted with a picture of the city skyscrapers and a pair of feet just in view as the owner reclined on the grass.
It was a message so at odds with the prevailing conversation around a city in lockdown that it almost demanded a response.
Thousands liked the image. For many, it was a pop of positivity that has been hard to come by here recently.
For others, it was…

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