26 April 2024
1300 794 893
AP Photo/Nam Y. Huh, File

5 things you need to know today

Switzer Daily
23 August 2021

1. One-in-four bosses say vaccinations compulsory

Business support for mandating Covid vaccinations in workplaces is growing, with a survey of 700 companies by the Australian Industry Group finding a quarter of employers want compulsory jabs for their employees. Twenty-four per cent want mandated vaccinations for some or all of their employees; and 27% want jabbing to be mandated through an official health order. That would shift the blame for any medical problems because of the vaccine from the employer to the Government.

2. Uber to deliver groceries in a flash

If you’d like your groceries to arrive as fast as your pizza, the teaming up of Woolies and Uber will soon make it happen. Only living in lockdown land would create the need for your meat and vegies on demand, and that’s what’s happening now, with Uber set to deliver groceries within an hour. They will be smaller size orders but will suit those who need stuff ASAP. A trial in 12 stores is about to start. If it works, 200 stores will be using Uber drivers soon.

3. Blockbuster screening: bankers converge in Jackson Hole

One of the potentially biggest financial market-moving meeting of this year happens this week but it ‘stars’ really boring people! The US location for the meeting is Jackson Hole, Wyoming and the ‘boring stars’ are central bankers from the USA and around the world. They will deliver speeches and often no one will need sleeping pills to get some shut eye. But with the world’s economies dependent on central banks keeping interest rates low, every banker, market trader and anyone with a home loan will be interested in what these ‘stars’ of finance talk about this week.

4. Italian man gets tattoo of QR code to prove vaccination

22-year-old Italian student Andrea Colonnetta has been tattooed with a QR code of the country's 'Green Pass' that verifies an individual's COVID-19 vaccination status or test results and is required to gain entry into some venues in Italy. "It’s certainly something original, I like to be different," he told local newspaper Corriere della Calabria according to AFP.

5. Dow Jones ends the week down more than 1%

Despite gains for all three major indexes in the US on Friday, all three remained down for the week. The Dow was down 1.11% to 35,120.08, the S&P 500 dropped 0.59% to 4,441.67 and the Nasdaq moved 0.73% lower to 14,714.66.

Comments
Get the latest financial, business, and political expert commentary delivered to your inbox.

When you sign up, we will never give away or sell or barter or trade your email address.

And you can unsubscribe at any time!
Subscribe
1300 794 893
© 2006-2021 Switzer. All Rights Reserved. Australian Financial Services Licence Number 286531. 
shopping-cartphoneenvelopedollargraduation-cap linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram