Flight Centre has cancelled a $40 million dividend payout while Qantas and Corporate Travel Management have deferred theirs. And it's just the beginning.
Australians with income protection insurance are questioning whether they'll be covered if they get sick or lose their job during the pandemic, while those without are scrambling to find out if they can take it out now and still be covered.
In a somewhat surprising move, banks are lifting some of their term deposit rates despite the Reserve Bank of Australia slashing the cash rate to an all-time low of 0.25% on March 19.
Do you have gym equipment that you don't use? Or a Playstation 4? Or a desk? These items are in hot demand as Australians exercise, amuse themselves and work from home.
Your adult kids are not kids anymore. If they're moving back home to ride out the coronavirus downturn, it's time to set boundaries about money and chores.
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