Tag Archives: economy

Australia’s economy has moved out of its first recession in almost 30 years, new figures show

  The Australian economy has bounced back from its first recession in almost 30 years, Treasurer Josh Frydenberg says. Australia’s GDP increased by 3.3 per cent in the September quarter, figures released on Wednesday showed. “The Australian economy is coming back,” Mr Frydenberg told reporters. “Facing a once-in-a-century pandemic that has caused the greatest economic shock since the Great Depression, ...

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NSW eases restrictions for pubs and weddings ahead of holidays

By: Josh Dye and Mary Ward NSW Premier Gladys Berejiklian has announced a major easing of restrictions ahead of the summer holidays, including allowing people to drink while standing up outdoors in pubs. From Monday the one person per two-square-metres rule will prevail at all indoor venues including for hospitality, retail and places of worship. The one person per four-square-metres will still apply ...

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Adults in NSW will receive $100 in vouchers to spend at hospitality and entertainment venues

By: Yoni Bashan   Every adult in NSW will receive $100 in vouchers to use on dining, entertainment and recreation in a bid to stimulate the hospitality and cultural sectors still suffering from the impacts of the COVID-19 pandemic.   The scheme, costing $500m, will involve four digital vouchers worth $25 each, two of which will be redeemable at restaurants, ...

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The Australian Business Summit Council Inc. celebrates the launch of the second issue of their magazine, EKONOMOS

By: Sahar Mourad   Australia has long been a leader within the economic sector, but one organisation is working to further strengthen the country’s ties with the rest of the world.   The Australian Business Summit Council Inc. is a not-for-profit organisation that works to support Australian businesses both nationally and internationally.   Founding President Dr Frank Alafaci and Secretary ...

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ABSC INC. holds media conference to promote EKONOMOS, Issue 2, 2020

The Australian Business Summit Council Inc. hosted its second Media Conference and annual luncheon at The Waterview in Bicentennial Park, Homebush on 9 November 2020 to promote the imminent publication of the second issue of EKONOMOS, the official ABSC Inc. business affairs magazine in late November this year. More than thirty VIPs and guests enjoyed the five-star venue’s sumptuous food ...

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