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Articles related to "increasingly"

NAB mothballs two Melbourne CBD offices

  • The spike in COVID-19 cases in Melbourne has forced National Australia Bank to mothball two of its CBD offices for the foreseeable future.
  • The bank has revealed plans to temporarily close its offices at 700 and 800 Bourke Street in Docklands from July 14.
  • NAB, one of the big four banks, had originally planned to allow up to 20 per cent of its Melbourne workforce to return to the office on a needs basis as of mid-June before the city experienced a second spike in cases, but only 7 per cent ended up returning to the office.
  • All of NAB's Melbourne-based employees who need to be in the office will work from 500 Bourke Street.
  • In what unions fear will lead to permanent changes in the "new world of work", the workplace tribunal has backed employers' bid to continue waiving penalty rates for staff who work remotely during the recovery.

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China Passed Security Law in Hong Kong. Goes into Effect July First

  • China has passed a national security law for Hong Kong which many worry spells the end of the territory's unique freedoms.
  • Beijing has said Hong Kong should respect and protect rights and liberties while safeguarding national security - but many still fear the loss of Hong Kong's freedoms with this law.
  • Hong Kong was handed back to China from British control in 1997, but under a unique agreement - a mini-constitution called the Basic Law and a so-called "one country, two systems" principle.
  • Under the same agreement, Hong Kong had to enact is own national security law - this was set out in Article 23 of the Basic Law - but it never happened because of its unpopularity.
  • Many might ask how China can do this if the city was supposed to have freedoms guaranteed under the handover agreement.

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