Edition:
India

Renju Jose

Australia's Victoria marks steady downward trend in new COVID-19 cases

30 Sep 2020

MELBOURNE/SYDNEY Australia's coronavirus hotspot of Victoria state maintained its steady downward trend in new infections on Wednesday as states began easing internal border closures, fuelling optimism about a return to normal.

Australia loosens lending laws to revive coronavirus-hit economy

25 Sep 2020

SYDNEY Australia said on Friday it would ease lending standards for banks in a move designed to free up credit and revive the economy, which slid into its first recession in nearly 30 years due to the coronavirus pandemic.

UPDATE 2-Australia loosens lending laws to revive coronavirus-hit economy

25 Sep 2020

* Consumer groups warn loosening could cause more harm (Recasts, adds consumer groups reaction, analysts)

Australia to overhaul bankruptcy laws to help firms over COVID-19

24 Sep 2020

SYDNEY Australia on Thursday unveiled its biggest shakeup in bankruptcy laws in nearly three decades, allowing small businesses to trade while insolvent and take more control over debt restructuring, in a bid to help firms through the coronavirus crisis.

UPDATE 1-Australia to overhaul bankruptcy laws to help firms over COVID-19

24 Sep 2020

* Reform to help manage expected spike in insolvencies (Adds industry reaction, details)

Australia's virus hotspot may speed up lifting curbs as cases fall

23 Sep 2020

MELBOURNE/SYDNEY Australia's coronavirus hot spot of Victoria is considering easing curbs sooner than previously flagged, the state's premier said on Wednesday, as the two-week average of new infections in the city of Melbourne dropped below 30.

Australia says daily COVID-19 cases fall to three-month low

17 Sep 2020

SYDNEY Australia on Thursday reported its lowest one-day rise in new COVID-19 cases in nearly three months, as states said restrictions imposed to slow the spread of the virus will be further relaxed. | Video

Australia's COVID-19 hotspot on track for easing curbs, faces three lawsuits

16 Sep 2020

SYDNEY/MELBOURNE Australia's Victoria state on Wednesday said the daily rise in infections in its coronavirus hot spot of Melbourne has eased further, putting it on course to relax an extended hard lockdown in the city by the end of the month.

Australia proposes paying oil refiners billions to stay open

14 Sep 2020

SYDNEY/MELBOURNE Australia on Monday proposed offering incentives worth A$2.3 billion ($1.67 billion) over 10 years to keep the country's four remaining oil refineries open and said it would invest in building fuel storage as part of a long-term fuel security plan.

Australia state leaders defend COVID-19 curbs as cases ease

11 Sep 2020

SYDNEY Australia's state leaders on Friday defended regional shutdowns and internal border closures against increased federal government pressure for restrictive coronavirus measures to be lifted as new case numbers ease.

World News