The Australian's Adam Creighton says"it is time now to think about curbing the cost" of the government's stimulus measures announced at the height of the coronavirus crisis. Mr Creighton said the JobKeeper program "seemed wise back in March" but now with growing optimism "we're going to be reopening sooner", the full six-month period announced for the record $130 billion "in borrowed money" is a little "over the top".
"In hindsight, the federal government will come to look wise for their measured approach in dealing with the coronavirus crisis in Australia." State premiers pushed for more stringent and lengthy restrictions earlier in the process - reminiscent of European-style lockdowns - which may have proved even more economically damaging for the Australian economy. "I think the federal government's been proved right to be a little more cautious," Mr Creighton said.
Make everyone who gets it work for it. Build roads , Bradfield even oil storage
curb the cost? BARELY ANYONE HAS EVEN REC'D ANY MONEY
Good job scomo, 😂
The Australian's Adam Creighton a moron.
Rubbish, I want free money and lots of it
It is time now to think about forcing corporations to actually pay tax. That will well and truly pay back the money spent on stimulus.
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'Rigid' distancing measures must stay as restrictions ease | Sky News AustraliaAustralians have been urged to continue some of their lockdown behaviours as restrictions are eased with the Deputy Chief Medical Officer telling Sky News it may be a long while before you can hug your mates. \n\nSpeaking with Sky News, Dr Nick Coatsworth said he was optimistic about Australia’s result in the battle against COVID-19. \n\nBut he said if we want to be able to head back to the classroom and into retail spaces then Australians will need to keep up the “rigid” behaviour. \n\n“What we really want to see is to be able to have the mobility of society increased,” he said. \n\n“But at the same time, the bahviour has to stay very, very rigid and cautious.\n\n“Unfortunately no hugging, no shaking hands for the foreseeable future, excellent hand hygiene, going into every store and seeing some hand santiser there we can use. \n\n“If we can do that … we can get society back on its feet while maintaining coronavirus at a very low level.' Kieran_Gilbert Says guy with guaranteed gov pay every 2 weeks. Kieran_Gilbert Oh I suppose, now it's being revealed that the numbers have been over inflated then? 🙄 Kieran_Gilbert on the evidence of last night it's 6 or 7 drinks before you hug your mates...
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Australia about to experience a 'very sharp, strong recession' | Sky News AustraliaAustralia is about to find out 'what it is like to have a proper recession,' according to InvestSMART chief economist Evan Lucas.\n\nAustralia's domestic market slumped five per cent on Friday to finish the session at 5,245.90 points.\n\nMr Lucas said the sharp-sell off is a sign the strong results on the ASX in April was a 'false dawn.'\n\n'What we normally see in stereotypical bear markets, which I think we are absolutely in, we see bull runs,' he said.\n\n'I think May will basically tell you what is likely to happen with regards to the overall economic impacts finally coming through to earnings.\n\n'Bank earnings are telling us this is going to be a very, very sharp strong recession and very much something we haven't actually ever experienced in Australia.\n\n'We got through the (2008) GFC much better than most other nations and I think we are about to find out exactly what it is like to have a proper recession.'\n InvestSMART_AU EvanLucas_INV Enough with your sensational fake news. InvestSMART_AU EvanLucas_INV Try 'depression'. And don't blame it on some boogeyman 'virus' aka exosomes. Blame it on treasonous, parasitic-politicians and their central banking paymasters. Plandemic Scamdemic Event201 ControlledEconomicDemolition GovernmentIsTheVirus Agenda2030 InvestSMART_AU EvanLucas_INV Looks like the tax breaks for billionaires and conglomerates was an unmitigated disaster.
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South Australia appoints committee to navigate exit strategy | Sky News AustraliaSouth Australia has appointed a transition committee to navigate the state’s exit from the coronavirus emergency.\n\nThe committee is made up of the police commissioner, the chief public health officer, and the chief executives of the premier, health, treasury and trade departments.\n\nPremier Steven Marshall said the exit plan will come by the end of the week as some restrictions could be lifted as soon as Friday. Yes throw more money around that you don’t have No Govt then in Australia either.
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Jacinda Ardern ‘can’t push over the top COVID caution’ to Australia’s leaders | Sky News AustraliaSky News host Chris Kenny says he hopes New Zealand Prime Minister Jacinda Ardern doesn’t promote “overdone lockdowns and exaggerated caution” during her National Cabinet hookup with Australia's political leaders on Tuesday. \n\nMs Ardern will be part of the National Cabinet meeting where the discussion of a ‘Trans-Tasman bubble’ will reportedly take place with Prime Minister Scott Morrison and our state and territory leaders. \n\nMr Kenny said now is the “time for loosening” of restrictions and the “time for business to be freed up”. \n\nHe said the meeting with Ms Ardern does “make sense” given the connection between the two nations and our efforts to combat COVID-19. \n\nImage: Getty jacindaardern She's embarrassing. jacindaardern He only says that shit because he has to display the “shock jock” persona. It shows that he understands that’s the way to keep his job on your news network. jacindaardern Let’s be frank. We taje no notice of Chris and Jacinda has far too much intelligence to.
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Australia pledges $350 million toward global COVID-19 vaccine fund | Sky News AustraliaThe federal government has announced it will contribute $350 million toward COVID-19 vaccine research and development as part of a $12 billion pledge to the cause.\n\nAustralia has joined a number of other countries – including Japan, Italy and Canada – in the move, while the United States has refused to contribute. \n\nImage: Getty I won't take a vaccine!! I hope it wont be mandatory What so they can put more animal tissue in it? To see how much gain of function and more lethal they can make it? We are proud Aus govt but it is peanuts 🥜 - Wipro founder Premji donated 150M and that is a single company.
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Trans-Tasman travel bubble 'has an enormous amount going for it' | Sky News AustraliaTourism and Transport Forum CEO Margy Osmond says the idea of a trans-Tasman travel bubble “has an enormous amount going for it”. \n\nA trans-Tasman bubble allowing Australians and Kiwis to travel between countries will be on the agenda when New Zealand's Prime Minister joins today's national cabinet teleconference.\n\nThe Tourism and Transport Forum CEO told Sky News there was an enormous amount of work being done to facilitate the plan. \n\n“I think it’s important to understand that New Zealand is still our second biggest market, in fact it’s only in the last 12 to 18 months that China beat New Zealand as being our biggest group of inbound,” Ms Osmond said. \n\nMs Osmond said it was especially important following a horror year for the industry which was already devastated by the bushfires. \n\n“Essentially from the tourism industry’s perspective, we’ve had the ultimate perfect storm, the double whammy to end them all,” she said. No. Its opening up the back door round Australia's borders. NZ is already hiding illegal immigrants. E.g Behrouz Boochani.
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