The Walt Disney Company announces that it plans to lay off 32,000 employees by the end of March 2021, as the pandemic continues to impact its theme parks and resorts. 2020-11-26
The Reserve Bank of Australia slashes its official cash rate to a historic low 0.1%, in an attempt to boost spending in the economy and address the high rate of unemployment caused by the COVID-19 pandemic. It is also expected that the cash rate will not go up for at least another three years. 2020-11-3