Economy losing billions each week as a result of COVID

5/05/2020 9:00:00 AM

Current COVID-19 restrictions are costing the economy $4 billion a week, says Scott Morrison. #9News

Current COVID-19 restrictions are costing the economy $4 billion a week, says Scott Morrison. 9News

Millions of Australians working from home during the coronavirus pandemic could soon return to the office as the federal government switches its focus to repair the nation's bleeding economy.

Mr Morrison also said almost 400,00 businesses are currently accessing around $7 million in cash-flow assistance.There has also been an 11 per cent fall in GDP while unemployment is also forecast to hit 10 per cent.Employment figures released earlier today showed new employment figures show one in three food and accommodation workers lost their jobs between mid-March and mid-April.

Australian Bureau of Statistics figures show 94 per cent of the arts and recreation sector has been affected by shutdown measures.The federal government is intent on getting businesses moving again but said it must be done safely."The National Cabinet are not in any way unaware of the serious implications of the decisions we have had to take now over many months," Mr Morrison said.

Read more:
9News Australia »

Doorbell camera catches moment coyote attacks two-year-old girl

A two-year-old girl is recovering after being attacked by a coyote Friday afternoon in front of her house in Los Angeles. Read more >>

Cheers to the media for beating all of this up to the point where we all cannot go to the pub 'The conclusions are clear. I can't stress it enough. And my CMO will back me up on this. It's cheaper for you to die, and to maintain our health first shut down policies.. Get used to it! And lets open the pub'

But at least we don't all have coronavirus Big figure - is it a shock value figure or properly calculated? User pays. So what's the problem? auspol ausFRAUD

Sydney school shuts after student tests positive for COVID-19A Sydney school has closed for intensive cleaning and contact tracing after a student tested positive to the coronavirus. And DanielAndrewsMP gets shit for not sending all the kids back to school... oh and while we on it, the beaches are packed in Queensland because of reduced iso... causing problems for police, mean while Victoria are doing pretty good with no changes to iso! But schools are safe .... right ScottMorrisonMP ? 🙄🙄🙄 Oh, I thought kids don’t get the virus? And they also don’t spread it. So why the need for intensive clean up?

Boris Johnson speaks about his COVID-19 brush with deathUK Prime Minister Boris Johnson has offered more insight into his hospitalisation for coronavirus, saying he knew doctors were preparing for the worst. Bullshit More slavishly reported distraction from this lethal idiot's incompetence. Even myriad UK citizens know this was a gaslight to push herd immunity eugenics as safe

'Epitome of the free spirit': 'Clancy descendant' dies in Paris from COVID-19Before he died from COVID-19 in Paris last month, the extraordinary adventures of Gerald Clancy Taylor held echoes of his grandfather, who is believed by some to be the inspiration behind Banjo Paterson's Clancy of the The Overflow. Ha yeah right A good article on a man who chose a different journey to the norm. Lost to coronavirus in Paris. RIP ❤️🙏🇦🇺 Great yarn

Never waste a crisis: will COVID-19 be a catalyst for change at Australia's universities?The multibillion-dollar coronavirus shock to the sector has prompted a rethink of the international education business model. Scout time the university sector took a hit After years of sucking the blood out of overseas students, lowering standards to pump thousands of cash cows thru the 451 VISA scams The VCs need to be sacked. They mismanaged their business models by selling degrees to International Students No prize for guessing here!

Elimination of COVID-19 possible in Victoria if lockdown enduresMaintaining the restrictions and border lockdowns could lead to the virus being eliminated, rather than suppressed, epidemiologists say. So after piling on Andrews over the past couple of days, change of tact by Nine Media. I wonder what could have brought this on 🙄 Yes they have been lying Don't overwhelm icus done There is no plan they lack transparency and the laws are stupid with no medical evidence We did this to flatten the curve and let hospitals cope . Total lie . What unrealistic goal does he have in mind ? Total destruction of the economy for some unattainable goal ?

Grocery sales begins to return to 'pre-Covid levels' | Sky News AustraliaRestrictions on products such as toilet rolls and alcohol have been lifted as sales begin to reduce to pre-COVID-19 levels, according to Coles CEO Steven Cain.\n\nA surge in panic buying in the nascent stage of Australia's COVID-19 outbreak saw sales figures surge to $8.23 billion in the third quarter - up 13.8 per cent on the same time last year.\n\nIn March, Coles announced tougher restrictions on toilet paper purchases as the supermarket giant struggled to cope with a giant spike in demand of essential products.\n\nMr Cain told Sky News restrictions have been lifted as overall sales begin to fall due to customers changing their habits.\n\n'Sales overall have returned to pre-Covid levels, which is perhaps a little faster than anyone expected,' he said.\n\n'We are seeing a return to home cooking and home baking, people are being inspired by MasterChef.\n\n'We are seeing big sales growth in areas like vegetables and meat, so people are eating more fresh food which is a good thing, but because they are shopping less often we are selling less impulse items.'\n Coles The collective anuses of Australians just breathed a massive sigh of relief Coles Great, Australians can return to getting drunk and shitting themselves at the normal rate Coles and look at the rubbish they're palming off on us.

Coronavirus updates: Woman dies in Tasmania; NRL 'groupies' fined after Anzac Day photos; US jobless claims pass 30 million since pandemic shutdown began Mr Morrison also said almost 400,00 businesses are currently accessing around $7 million in cash-flow assistance.Source:Supplied Just days after term 2 began, Warragamba Public School will be “non-operational for on-site learning” on Monday, with all students undertaking at home learning.Play video "It was a tough old moment, I won't deny it," he said.Larger text size Very large text size From boyhood in Melbourne to his death from COVID-19 in a Paris hospital last month, Gerald Clancy Taylor, a student and saviour of languages, refused the offices, routines and assorted dull expectations of others.

There has also been an 11 per cent fall in GDP while unemployment is also forecast to hit 10 per cent. Employment figures released earlier today showed new employment figures show one in three food and accommodation workers lost their jobs between mid-March and mid-April. “The school will be non-operational for the on-site attendance of staff and students while the school conducts contact tracing and is cleaned. Australian Bureau of Statistics figures show 94 per cent of the arts and recreation sector has been affected by shutdown measures. Medical workers gave him "litres and litres of oxygen" but he said the "indicators kept going in the wrong direction. The federal government is intent on getting businesses moving again but said it must be done safely. RELATED: How are you coping during the pandemic? Take our survey Meanwhile, Anglicare’s Newmarch House aged care staff members will now be subject to daily COVID-19 tests in an attempt to manage the outbreak at the facility where 14 residents have died. "The National Cabinet are not in any way unaware of the serious implications of the decisions we have had to take now over many months," Mr Morrison said. His passions were language and travel, and he indulged them wholly.

"That is why we are not seeking to delay any time at all in terms of trying to get things moving again. There are now 63 infections linked to the facility including 26 staff members and 37 residents.. "It is not just being able to go back to a workplace that is safe but also about being able to do that confidently." Mr Morrison said officials would be meeting later this week and will outline the framework after. NSW Chief Health Officer Dr Kerry Chant said one of the new cases at the facility was a close contact of another case who had been in isolation for a period of time and subsequently developed symptoms. For breaking news alerts and livestreams straight to your smartphone sign up to the ." Loading The remarks were Johnson's most candid yet on his brush with death, though he acknowledged when he left the hospital that his fight to survive "could have gone either way", as he paid tribute to the two nurses who never left his bedside for 48 hours.