March 8, 2021

Manly Quarantine

Healthy is Life

Australia news live: SA border closes to Melbourne over Holiday Inn Covid cluster; Peter Dutton under pressure over grants

South Australian border closes to Melbourne as Covid cluster at Holiday Inn hotel rises to...

South Australian border closes to Melbourne as Covid cluster at Holiday Inn hotel rises to eight. Follow the latest developments live

11.00pm GMT

AMP shareholders won’t be receiving a final dividend for 2020 after the financial services provider endured a tough 12 months and takeover talks with Ares Management fell through, AAP report.

AMP was advised overnight by US-based Ares that it will not be proceeding with its $1.85 per share takeover bid, but talks surrounding AMP Capital continue.

10.49pm GMT

Energy generator and retailer AGL has reported a massive bottom-line loss and says the outlook for the rest of this financial year looks challenging, AAP reports.

The net loss was $2.3 billion for the six months to December, compared to a profit of $323 million in the previous corresponding half year.

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