Increased immigration flagged as a way through coronavirus economic crisis | Sky News Australia

5/05/2020 7:19:00 AM

Macquarie Bank CEO Shemara Wikramanayake says increasing immigration would be a viable way to help Australia cope with the economic fallout of the novel coronavirus.

Macquarie Bank CEO Shemara Wikramanayake says increasing immigration would be a viable way to help Australia cope with the economic fallout of the novel coronavirus.

Macquarie Bank CEO Shemara Wikramanayake says increasing immigration would be a viable way to help Australia cope with the economic fallout of the novel coronavirus. \n\nShe said the solutions for the current economic crisis would be a focus point of Macquarie Bank’s Australia 2020 Conference .\n\nShe said boosting the population would provide opportunities for economic growth in a variety of sectors. \n\nThe comments come after the government predicted net overseas migration will fall to just 36,000 in 2020-21 - down from 239,600 the year prior.\n\nImage: AP

Increased immigration flagged as a way through coronavirus economic crisis 05/05/2020 | 2min Macquarie Bank CEO Shemara Wikramanayake says increasing immigration would be a viable way to help Australia cope with the economic fallout of the novel coronavirus.Larger text size Very large text size Executives involved in an effort to produce 2000 ventilators locally for the federal government say the coronavirus crisis underscores the importance of maintaining advanced manufacturing capabilities in Australia.Larger text size Very large text size Macquarie Group chief executive Shemara Wikramanayake says Australia's economy is well positioned to get through the coronavirus crisis in the longer-term, citing government support, links to Asia, and a recent flurry of capital raisings by big business.The West 'must investigate' China's coronavirus cover-up 05/05/2020 | 6min Sky News host Sharri Markson has called for an investigation into the origins of the killer coronavirus after she uncovered a bombshell dossier compiled by Western intelligence agencies which found China destroyed evidence of the outbreak.

She said the solutions for the current economic crisis would be a focus point of Macquarie Bank’s Australia 2020 Conference.She said boosting the population would provide opportunities for economic growth in a variety of sectors.3 million in funding from the Morrison government in April to produce ventilators that will be added to the national stockpile.The comments come after the government predicted net overseas migration will fall to just 36,000 in 2020-21 - down from 239,600 the year prior." Credit: Ryan Stuart Speaking to investors via a webcast on Tuesday morning, Ms Wikramanayake said the world economy faced a recession, but fundamental forces such as technological change and urbanisation would re-emerge as longer-term drivers of growth after the crisis passed.Image: AP Favourite.Credit: Luis Enrique Ascui ANCA typically makes computer controlled cutting machines used by companies including Apple and Samsung to manufacture their products.

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An even better way to ensure coronavirus continues in Australia. And we see all of the international companies loosing money crying to rip off the Australian people even more. Haven’t you done that for long enough! We are closing our doors and employing our own.And starting to manufacture here maybe should make money out of building Australia

I wonder if this muppett shares in Australian values Maybe get the aus citizens working againknuckle heads It's amusing to see the mind explosions when right-wingers that follow discover what capitalist systems are built on 😂😂😂 How about hell no Blowing into his own sails. Nevermind the nation and ordinary Australians

Of course a banker would say that, millions of Australians are sick to death of living in the middle of a ponzie scheme Stupid comments. Wake up Australia. What a load of s, look after Australians for goodness sakes. There are lots of Aussie's who will need jobs don't bring in more workers!? It's artificial way to prop up economy and it can do more damage then good. Getting more people into this country is not the answer. Actually emigration needs to be cut down and also should be reset for the future so we can decide who is getting in. We need to pick and choose.

Ventilator project highlights importance of manufacturingAustralian manufacturers are working together to produce 2000 ventilators in response to the coronavirus crisis. Amen, time to stop relying on the bat eaters for everything! The Australian Government, had BETTER understand the true meaning of what are called 'war stores'... reserve capacity to deal with a crises, any crises... yes, some will never be used, but that is what reserves are for... the unknown, the possible, NOT just probable... a DUTY.

powerglobalus Bullshite. Hire citizens. Bull shit start manufacturing for self reliance we do t need overseas people here not even leading our Banks 🤦‍♀️ No thanks Looking to bring his 400 cousins over.... Ha ha that’s the only honest post I’ve ever seen you make , hilarious. jetjackson20 Great idea. Keep us locked up and broke (Not allowed to travel overseas) and bring in people from overseas to take our jobs and use our healthcare system. I can't see any issues.

John Smith would disagree with him.

Australia 'well-placed' to weather economic crisis, says Macquarie CEOMacquarie Group chief executive Shemara Wikramanayake says Australia's economy is well positioned to get through the coronavirus crisis in the longer-term | clancyyeates clancyyeates Might be a different story if Bill Shorten had won the election clancyyeates Sure...if you didn't run one of the thousands of small businesses wiped out, never to return. clancyyeates In light of this considered opinion, it will be interesting to see if the Government still pushes ahead with the easing of restrictions to reboot the economy. Going too early is a risk that cannot be measured in economic terms- Australian lives, not livelyhoods!

In other words, the ponzi scheme must continue Wank on ! Dear sky I can no longer listen to the tripe put forward on your channels as comment or opinion, are those people taking LSD or Acid before they start because it looks like it. Why can't you get someone like Peter Chambers Wombatfinance to come on at least he has an idea

Dear sky news, let me tell you here at the bottom of the waste heap things are worse than rotten, the smirk on the PM's face and a new suit and tie everyweek saying we will help only to make the rules impossible, and the poor mum and dad businesses that the banks and govt shun Dear SkyNews you did not ask the Mac Bank CEO just how bringing more people into the country with no jobs and over a million unemployed and a further 2.5 million underemployed is going to make things better. How about putting to them about helping people here now.

Within reason and with targeted migration for those who work in fields where we are lacking, sure. Those wanting a closed border utopia indefinitely are basically wishing for a banana republic. CEO of private company's are the enemy of the local citizens left wing nut jobs . Hahaha wot can you expect from the Mac Bank. Just total dribble from a person on a multi million dollar take home pay. Cut the present intake by 90%. Jobs for Aussies is tantamount to success.

Talk is cheap. She is a banker if her kind is interested in improving Australia's economy, bring all the call centres and processing centres back to Australia. They don’t work

The West 'must investigate' China's coronavirus cover-up | Sky News AustraliaSky News host Sharri Markson has called for an investigation into the origins of the killer coronavirus after she uncovered a bombshell dossier compiled by Western intelligence agencies which found China destroyed evidence of the outbreak.\n\nMs Markson told Fox News host Tucker Carlson the dossier showed some of the world’s foremost intelligence agencies were investigating whether the virus was linked to a lab in Wuhan.\n\n“Given that China has lied and it is just a fact, they have lied about everything to do with this virus so far how can we take (the scientist’s) word for it,” she said.\n\n“There needs to be an investigation.”\n\nMr Carlson said the dossier, published by Markson in the Daily Telegraph, had uncovered important information which has become a “blow” against the Chinese coverup.\n\n“There is a lot of lying but your piece is a blow against lying and I am so grateful that you wrote it and your paper ran it,” he said.\n TuckerCarlson SharriMarkson Really? You are 'Sky News AUSTRALIA', not 'REPEAT US KOCH BROTHER FUNDED TALKING POINTS AMERICA' TuckerCarlson SharriMarkson Fox news... TuckerCarlson SharriMarkson Read the science not the uninformed opinion Date: March 17, 2020 Source: Scripps Research Institute Summary: An analysis of public genome sequence data from SARS-CoV-2 and related viruses found no evidence that the virus was made in a laboratory or otherwise engineered.

powerglobalus WTF! Are you ppl stupid? What is the unemployment rate? Yeah of course it will babe !!! More banking,mortgage, share trading, insurance clients etc for the mighty Macquarie Bank to rip off. A bank talking up a Ponzi scheme. I’m shocked... We have a few out in West Melbourne that we would be happy to share with the rest of Australia 🧐

Looks like another quotas appointment with 20 letters in your name Tell her we don’t want to be like Europe and in a complete mess Of course he does 🤪 This is the only route worthy of consideration. What absolute unmitigated madness. The economy isn't everything. Happy to live more modestly to protect our way of life!

Coronavirus measures lifted in the NT | Sky News AustraliaResidents in the Northern Territory have enjoyed a long weekend of freedom after the first lot of restrictions were lifted. \n\nThe NT government hailed its response to the coronavirus crisis a success, with 30 cases in total and no new cases for 28 days. \n\nThe Northern Territory government signaled restrictions would be further relaxed on May 15, with the reopening of pubs, restaurants and cafes. \n

Piss off Shemara Nobody really believes this. Insane. Enough stupidity from the wealthy. Idiot No thank you!! We are full!! Think of a better idea over paid fuckstick. How left wing? Welfare Budget 2019/2020 $192,000,000,000 and rising .. I would hope international borders remain closed until firstly a vaccine if found and our unemployment numbers go down to where they were.

True. America got rich because of immigration. Hell NO!!!

Three new coronavirus infections confirmed at Newmarch House | Sky News AustraliaThree staff members have become the latest to contract coronavirus at the Newmarch House in western Sydney. \n\nOperator Anglicare revealed one of the infected workers was asymptomatic and only worked in the coronavirus area in the home, while the movements of the other two workers were still unconfirmed. \n\nThe new cases were discovered on the first day of daily mandatory testing in the aged care facility where 15 residents have died after contracting the virus. \n\nImage: News Corp Australia Why is that place still open? Are GladysB and BradHazzard on piece rates for every death? COVID19 nswpol For weeks now GladysB and BradHazzard have sat on their hands and watched as 15 residents succumbed to COVID-19 instead of relocating them to hospitals where they could have been properly cared for. 'ease the restrictions' says the libtards

Crap, a lot of migrants end up on welfare, or that's the only reason they migrate in the first place. Will be interesting to know who funded this series? 'Dead Zone' TV show from 2003 mentions coronavirus, talks about the Hydroxychloroquine being the cure. Please look into this! We have to open borders first

Significantly reduce Shemara and her associates wages and bonus would be a welcome boost. No thanks , resident itself don’t have job. Wht immigrants will do Real message: don’t worry about social disruption and overburdened public infrastructure, well make 💰! Shemara? Good Aussie name 🤣🤣🤣🤣🤣 Not in a million years! Greedy new comers completely out of touch with Australians 😡

You have GOT to be kidding Code for: let’s keep the wage bill down so we can screw the ordinary worker. These people are scum.

Australians 'have really been knocked about' due to sudden coronavirus implications | Sky News AustraliaLifeline Chairman John Brogden says the support organisation is 'regularly seeing ... around and over 3000 calls a day' during the coronavirus pandemic as the amount of people reaching out for help continues to steadily rise. \n\nHe said the organisation used to get about '2500 calls a day,' however 'since the bushfires last year we've seen our calls increase to 2900 calls a day'. \n\n'We've seen our calls get as high as 3200 a day during the coronavirus'. \n\n'That's enormous for us,' he told Sky News host Paul Murray. \n\nMr Brogden said annually, those figures represent the receiving of around 1.1 millions calls a year. \n\nMr Brodgen said 'physical distancing' may be good for our physical health however 'for some people it is really bad for their mental health'. \n\nHe said Australians 'have really been knocked about' physically and mentally by the virus. \n\nImage: Getty \n\nIf you or anyone you know needs help:\nLifeline on 13 11 14\nKids Helpline on 1800 551 800\nMensLine Australia on 1300 789 978\nSuicide Call Back Service on 1300 659 467\nBeyond Blue on 1300 224 636\nHeadspace on 1800 650 890\nReachOut at au.reachout.com\nCare Leavers Australasia Network (CLAN) on 1800 008 774

NO!! Surely has to be a giant wind up Yeah there’s an idea let’s let our banks dictate about immigration ffs Thats a big NO from Australians here........we can handle it from here With unemployment expected to be upwards of 10%, how does bringing in more people to join the line at Centrelink going to help? Asking for a friend...

Great - our children are out of jobs and this token female CEO says we need more immigrants. NO WAY. migration has to be limited and then ONLY for those that can contribute, assimilate, identify and became fully Australian in the true sense of the world. Multiculturalism is failed far left/socialist/Marxist idea that doest not work and simply creates crime infested ghettoes.

No thanks, get the unemployed AUSTRALIANS working again even before we look at this. Look Australian manufacturing & this equals jobs for Australians. Absolutely not!

No thanks Beneficiaries are the wealthy.. Increased upward pressure on rentals, increased consumer demand for commodities & food & downward pressure on salaries & services. If this logic were sound poor countries would be inviting millions to improve their economies Get Fcked !! How? Increased unemployment! Higher taxes? Lower standards of living! Pfft. Stop all immigration & anyone not an Australian citizen from being able to work.

No thank you. $$$$ over happiness Sage advice from an English born (Sri Lankan decent) person that got paid around $AUD18,000,000.00 last year. Plenty of Australian citizens already that need jobs first who don't want t be replaced by immigrants. What’s the point of boosting migration if there is a lack of job availability? We’d just be importing welfare dependants.

Ummmm....no. Doh. Really.

Be a good idea to get our citizens an PR home first. And thats a no to more immigration you arseholes. Yeah NO THANKS!! The profit the banks make from lending to all the immigrants will trickle down to us don't worry. Finance capitalists are who really cares about us. No thanks! Keep borders closed... reduce cases and get the economy back in track

Lol - ofcourse she would say that. Would you allow Tamil immigrants too? Take ya bank and f$ off ya dog. Is that viable for ya? Vested interest. No thanks. potentially importing more cases from countries less anal about lockdown