To view this email as a web page Click here The Australian - The Australian Business Review PM | | | | | | S&P/ASX200 | 5851.1 | +1.32% | | All Ordinaries | 5957.8 | +1.24% | | AUD | US66.20c | -0.03% | | | |
| | | Bank rally builds as ASX adds 1.3pc | | David Rogers, Melissa Yeo | | Resurgence in the major banks helped the ASX higher as much as 2.4pc but easing oil prices and Asian jitters trimmed gains at the close. |
| | | JARED LYNCH | | The barista industry was one of the first victims of the COVID-19 lockdowns as coffee shops shuttered their windows. | | | | Loan deferrals hit $250bn | | Richard Gluyas | | There is growing pressure for replacement policies to pull the economy back from a cliff in September when the deferrals expire. |
| | | John Durie | | Kelly Bayer Rosmarin became Optus CEO at the height of COVID-19 turmoil. She’s finally seeing some blue sky. | | | | ASIC backs Hayne delay | | ELI GREENBLAT | | With the economy under stress, now is not the right time to be pushing through banking changes coming from the Hayne royal commission, ASIC says. |
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| | Afterpay says no to credit checks | | Gerard Cockburn | | Afterpay says undertaking credit checks on users would be useless, as its young customer base often doesn’t have a credit history to check. |
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