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Australia Amazon to build new facilities in Australia as online demand surges - AFR

07:50  25 june  2020
07:50  25 june  2020 Source:   reuters.com

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SYDNEY (Reuters) - Retail giant Amazon Inc (O: AMZN ) is expanding its Australian operations with plans to build a warehouse in Sydney and is also scouting locations for a giant facility in Melbourne Amazon 's reported expansion plans come on the back of surging online sales as consumers shift to

FILE PHOTO: Signage is seen at an Amazon facility in Bethpage on Long Island in New York, U.S., March 17, 2020. But with unemployment rates hitting record levels, Amazon is looking to fill the gap. To draw new employees, the company had said it would add to its minimum per hour to U.S

a close up of a sign: FILE PHOTO: Amazon logistics center in Lauwin-Planque © Reuters/Pascal Rossignol FILE PHOTO: Amazon logistics center in Lauwin-Planque SYDNEY (Reuters) - Retail giant Amazon Inc is expanding its Australian operations with plans to build a warehouse in Sydney and is also scouting locations for a giant facility in Melbourne, the Australian Financial Review reported on Thursday.

An Amazon spokeswoman declined to comment on 'speculations or our future plans.'

In a separate stock exchange filing, Australia's Brickworks Ltd said it was in 'advanced discussions' with a customer for a warehouse development near Sydney through a 50-50 joint venture with industrial property giant Goodman Group .

Brickworks, which has an industrial property division, did not name the 'major client.'

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The countries include Brazil, Norway, and Australia . The new swap lines add to arrangements the Fed already has with central banks elsewhere, including the Bank of England and European Central Bank. "These facilities are designed to help lessen strains in global US dollar funding markets

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CEO Lindsay Partridge told Reuters in an interview Brickworks' industrial property business has been doing well with rental receipts "still coming in strongly."

"We have the Coles warehouse which has been announced to build and we are in advanced discussion with another major client," he said.

When asked if he was referring to Amazon, Partridge said "that's the speculation."

Amazon's reported expansion plans come on the back of surging online sales as consumers shift to e-tailing due to the COVID-19 pandemic.

Just two weeks ago, Amazon had announced the opening of its first Queensland fulfilment centre in Brisbane later this year. The company currently has three fulfilment centres in Australia, based in Sydney, Melbourne and Perth.

(Reporting by Swati Pandey;Editing by Shri Navaratnam)

Daniel Andrews seeks to divert international flights from Melbourne as COVID surges .
Victorian Premier Daniel Andrews has informed Prime Minister Scott Morrison to divert all international flights away from Melbourne for the next two-weeks in a bid to stem the latest COVID-19 surge in the state. Mr Andrews said the move is being done as he seeks to take an “abundance of caution” for the state. “I'll have conversations with other state leaders to explain that and to thank them in advance for the extra load that they will carry”. It comes as 64 cases of coronavirus were detected across the state overnight, following the 75 newly recorded cases on Monday.

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