COVID-19 has had a historic impact on Australia’s economy. The imposition of restrictions by Federal and State governments, coupled with depressed market conditions, has had significant financial ramifications for many of Australia’s largest listed companies.
The outbreak of COVID-19 in Australia precipitated an initial rush of earnings guidance withdrawals. Companies also responded by taking action to fortify their financial position, including through equity raisings, debt restructures and asset impairments. However, particular industries were well placed to thrive in the market conditions created by the pandemic or were insulated from its effects.
In order to better understand the financial impact of COVID-19 on large ASX listed entities, ACC Australia's corporate partner, Gilbert + Tobin have reviewed the financial results announced by ASX200 entities during July and August 2020 and have analysed how particular sectors have fared. Uncovering a number of interesting themes.
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Webinar: Evolving legal issues in the digital economy
October 20, 2020 | 12:30 PM - 1:45 PM AEDT
There is a general consensus that data is valuable and will become increasingly valuable in business, trade, and our everyday lives. Businesses will continue to increasingly rely on in-house counsel as the first port of call to help them navigate these issues.
Corporate counsel are being confronted with the challenge of advising their businesses on data and digital issues when the legal environment surrounding the scope of these issues and how existing laws are enforced are dynamic and constantly changing.
The challenge is one not easily met.
ACC Australia presents, Gilbert + Tobin's expert panel to arm you with an understanding of recent issues and an operating framework to help you manage and advise on them.