Wildcard weekend on the cards as NRL’s biggest names map out game’s future under Wayne Pearce in the season innovation committee

NRL chief commercial officer Andrew Abdo, who will join Pearce on the committee, has been working around the clock with broadcast partners around multiple potential schedules that run from June, right through to a September start. Phil Gould and Wayne Bennett could be called on to the NRL’s new football innovation committee entrusted with mapping out the 2020 season. The NRL told its clubs on Monday that it was working out plans for a 20-week competition window, allowing teams to play each other at least once. With two rounds already…

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AFL will emerge from shutdown with 18 clubs, says Gillon McLachlan

“That’s our commitment over the next four, six, eight, 10 months, whatever it looks like, that we will have the same structure at the elite level. “There’s a whole lot of speculation going on about that and I’m not going to add to speculation,” McLachlan said when asked if mergers or relocations could take place in the long run. “It’s not something I’ve thought about or buying into. “Right now our task is to preserve our revenue streams, cut costs, raise liquidity, have a focus on the other side [of…

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Wage subsidy a relief for many but a warning of what’s to come

Just as the government has been the lender of last resort to banks in the past, it is now the employer of last resort to workers. Loading The program is structured carefully to encourage big companies to halt redundancies because they know the federal money will be paid in the first week of May. In a win for small business, the money also goes to sole traders and small companies where the owner can be considered an employee. These are reasonable conditions on huge outlays. The payment is not as…

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AFL and club staff eligible for government bailout money

Club and AFL staff who have been stood down without pay would receive $1500 per fortnight, those whose pay had been cut drastically could have their pay topped up to that amount. The income support news comes as the AFL just secured a line of credit of about $600 million from the NAB and the ANZ banks to keep the competition and the clubs afloat after the season was shut down due to COVID 19. For a company to be able to receive the benefit, they must show a 30…

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Businesses told to rehire after $130 billion wage subsidy

The $194 billion in coronavirus stimulus and survival packages are now worth more than four times the response to the global financial crisis, or up to 10 per cent of the economy. AMP chief economist Shane Oliver said the debt could take at least a decade to recoup, but it was better than going into a coronavirus-driven depression. Loading “We will be paying back the debt for a long time to come,” Treasurer Josh Frydenberg said. Professor Alan Duncan, the director of the Bankwest Curtin Economics Research Centre, said the…

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HQ’s finances have been clear for months, if clubs had bothered to check

There is always devil in the detail, which can be interpreted to suit agendas. For example, the numbers in the statutory accounts in the NRL annual report are higher because they include broadcast contra, but this was not included in the plan numbers. However, given the turnover of CEOs at NRL clubs, with only half of them in the same job from five years ago, it’s not surprising few have bothered to interpret how much RL Central spends, even apart from considerations about raising their own club revenue. (NRL clubs…

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RLPA boss Clint Newton on players 46 per cent pay cut

After a long week of different facts and figures about what players will receive, Newton confirmed the figure would be a 46 per cent pay cut for the year, and provided there was not another game of NRL played. RLPA boss Clint Newton.Credit:Getty The players have already received their first five months of pay, and will receive a further two months for the remaining seven. The top earners, including Daly Cherry-Evans and Ben Hunt who will lose north of $500,000, will feel as much pain as those on the minimum…

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Greg Hunt intervenes to save private hospitals at risk of collapse

“The Australian public needs to have confidence that deferred activities, such as non-urgent elective surgery, will be able to be resumed and accelerated at the appropriate time.” Mr Hunt wrote that each private hospitals must retain its full workforce in exchange for the Commonwealth guarantee. State governments, which last week agreed to negotiate bailout deals with private hospitals to ensure their capacity to help respond to an influx of COVID-19 patients in coming weeks, are split over whether to cover running costs or simply pay to hold a limited number…

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Retailers breathe sigh of relief at government’s wage subsidy

“The ability to retain team members during this challenging time will give businesses the best possible opportunity to bounce back and thrive,” Mr Lew said. Casuals who have been with a business for more than 12 months and all permanent staff are entitled to the payment if their employer has taken at least a 30 per cent hit to revenue because of coronavirus, or a 50 per cent hit if its revenue is normally more than $1 billion annually. Both union and industry groups, who generally welcomed Prime Minister Scott…

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JobKeeper wage subsidy to help part-time workers most

The most at-risk jobs are in the accommodation and food services sector. There are more than 95,000 businesses in this group of which the vast majority are small firms. But this group, along with general retail, will do the best out of the Morrison government plan. Of the nation’s 81,400 general sales assistants, 72 per cent are part time with an average weekly income of $451. The $1500 payment will actually boost their normal wage. Part-time kitchenhands, whose average wage is $469 a week, part-time waiters ($489 a week) and…

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