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Supply chain

Mar 20, 2020
Banks defer repayments to help small business

Banks defer repayments to help small business

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has praised the banks, which have today announced a significant relief package for COVID-19 impacted small businesses. The Australian Banking Association says banks will defer loan repayments for small businesses affected by COVID-19 for six months  “This is a welcome initiative that will help many… ...

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Mar 20, 2020
Updated LNG supply chain guide from ICN

Updated LNG supply chain guide from ICN

Businesses interested in supplying to Australian LNG facilities have a new tool thanks to a guide launched at the Australasian Oil and Gas conference in Perth this month. Industry Capability Network’s “Operations, Maintenance and Facilities Management of Australian LNG Facilities” is a comprehensive list of companies that may outsource work for LNG opportunities. Operators of… ...

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Mar 19, 2020
BHP moves to ease supplier pain in COVID-19 crunch

BHP moves to ease supplier pain in COVID-19 crunch

BHP has announced COVID-19 response measures expected to deliver about $100 million more quickly into the hands of its small business partners. The mining company said today that it would reduce payment terms for small, local and Indigenous businesses as part of a program to support its communities and regional economies during the pandemic. It… ...

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Mar 18, 2020
Call for industry to tackle high-pressure cleaning risks

Call for industry to tackle high-pressure cleaning risks

A spike in injuries from high-pressure cleaning equipment in manufacturing and process industries has prompted a national industry body to call for more awareness and training of the Australian Standards. The Australasian High Pressure Water Jetting Association (AUSJET) said many industrial operators of high-pressure cleaning equipment were not keeping up-to-date with the current Australian Standa...

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Mar 18, 2020
Survey highlights virus  impact on manufacturing

Survey highlights virus impact on manufacturing

Australia’s manufacturing sector has been hit by the largest single quarter decline in 20 years, the latest Australian Chamber-Westpac Survey of Industrial Trends has found. The findings prompted Australian Chamber of Commerce and Industry chief executive officer James Pearson to call for further sector-specific and economy-wide stimulus measures. “The survey shows a steady decrease in busin...

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Mar 18, 2020
Relief package announced as airlines go into free fall

Relief package announced as airlines go into free fall

The Federal Government has announced a relief package for the aviation industry after Rex air service warned of the toll of the COVID-19 on regional carriers and Qantas announced drastic flight cuts. The package involves the refunding and waiving of aviation fuel excise, air service charges and domestic and regional aviation security charges. Deputy Prime… ...

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Mar 17, 2020
Qantas slashes flights amid COVID-19 travel slump

Qantas slashes flights amid COVID-19 travel slump

Qantas and Jetstar will cut domestic capacity by about 60 per cent and international capacity by 90 per cent from the end of the month. Qantas Group announced the move today ‘as a result of significant falls in travel demand due to coronavirus, and new government restrictions across multiple jurisdictions’. It will see about 150… ...

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Mar 17, 2020
State Government extends help for business

State Government extends help for business

The Queensland Government has announced a new $500 million loan facility to help businesses keep people in work and extend the coronavirus payroll tax deferral. Premier Annastacia Palaszczuk said the rapidly evolving impacts of the pandemic demanded a rapidly evolving response from Government. “We know just how tough Queensland families and businesses are doing it… ...

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Mar 16, 2020
Coronavirus fallout spikes Downer Mining deal

Coronavirus fallout spikes Downer Mining deal

Market uncertainty sparked by the coronavirus pandemic has caused Perenti to back away from the potential purchase of Downer EDI’s mining services division.Perenti had previously stated that it was considering a potential acquisition of Downer Mining, but would only make an offer if it were to align with its strategy and deliver value for the… ...

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