• Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
Close Search
00
GBAF LogoGBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
GBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Posted By maria gbaf

    Posted on January 5, 2022

    Featured image for article about Top Stories

    SYDNEY (Reuters) – Pressure grew on Australia’s health system on Wednesday as new COVID-19 case numbers hit a record for the third consecutive day, straining hospitals and overrun testing facilities.

    Nearly 53,000 new cases were reported across New South Wales and Victoria, Australia’s most populous states, with both clocking fresh one-day highs and exceeding Tuesday’s national tally of around 47,800.

    People admitted to hospital in both states rose 10% over the previous day, as authorities warned those numbers would rise further over the next several weeks.

    “We have got some challenging weeks ahead of us,” New South Wales Deputy Health Secretary Susan Pearce told reporters.

    Prime Minister Scott Morrison, under mounting pressure over testing delays and stock shortages, will look to take measures to diffuse the crisis when he meets state and territory leaders later in the day.

    The rapid surge in cases in recent weeks, fuelled by the Omicron variant, has led to long lines at publicly-funded PCR testing facilities.

    That prompted authorities to ask people to only seek public testing if showing symptoms, which in turn led to a shortage of rapid antigen tests, which can be used at home but must be purchased privately.

    Morrison, who must call a federal election before May, has ruled out subsidising the majority of the at-home testing kits, citing a heightened role for “personal responsibility”.

    New South Wales officials said they had procured millions of the rapid antigen tests and were pressing the federal government for an agreement to subsidise them. Victoria has ordered an additional 10 million tests, with the first batch due to arrive in the next few days.

    Elsewhere in Australia, Tasmania reported 867 new cases, while other states are due to report their numbers later in the day.

    The country has recorded more than 600,000 cases and 2,290 deaths since the pandemic began, with more than half of those infections reported over the past two weeks.

    (Reporting by Renju Jose in Sydney and Sonali Paul in Melbourne; editing by Jane Wardell)

    SYDNEY (Reuters) – Pressure grew on Australia’s health system on Wednesday as new COVID-19 case numbers hit a record for the third consecutive day, straining hospitals and overrun testing facilities.

    Nearly 53,000 new cases were reported across New South Wales and Victoria, Australia’s most populous states, with both clocking fresh one-day highs and exceeding Tuesday’s national tally of around 47,800.

    People admitted to hospital in both states rose 10% over the previous day, as authorities warned those numbers would rise further over the next several weeks.

    “We have got some challenging weeks ahead of us,” New South Wales Deputy Health Secretary Susan Pearce told reporters.

    Prime Minister Scott Morrison, under mounting pressure over testing delays and stock shortages, will look to take measures to diffuse the crisis when he meets state and territory leaders later in the day.

    The rapid surge in cases in recent weeks, fuelled by the Omicron variant, has led to long lines at publicly-funded PCR testing facilities.

    That prompted authorities to ask people to only seek public testing if showing symptoms, which in turn led to a shortage of rapid antigen tests, which can be used at home but must be purchased privately.

    Morrison, who must call a federal election before May, has ruled out subsidising the majority of the at-home testing kits, citing a heightened role for “personal responsibility”.

    New South Wales officials said they had procured millions of the rapid antigen tests and were pressing the federal government for an agreement to subsidise them. Victoria has ordered an additional 10 million tests, with the first batch due to arrive in the next few days.

    Elsewhere in Australia, Tasmania reported 867 new cases, while other states are due to report their numbers later in the day.

    The country has recorded more than 600,000 cases and 2,290 deaths since the pandemic began, with more than half of those infections reported over the past two weeks.

    (Reporting by Renju Jose in Sydney and Sonali Paul in Melbourne; editing by Jane Wardell)

    Recommended for you

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe