Australia should engage in macroeconomic reform to the economy does not go into freefall due to the coronavirus crisis, according to Australia-Japan Research Centre’s Shiro Armstrong. The ASX has crashed on 10 per cent at the end of trading on Monday, which is the worst daily drop since the 1987 crash. The government is finalising a second round of coronavirus stimulus in a bid to stave off recession. That comes four days after the Coalition announced a $17.
6 billion stimulus package designed to help welfare recipients, the tourism sector and small businesses cope with the economic fallout from the disease. Mr Amrstrong said it’s important the government doesn’t try to force sectors to diversify their trade relationships with other countries, including China. He told Sky News the most important lesson from the coronavirus crisis is getting the “macroeconomics right”.
stothehiro Tweet has an error...fine, that happens But shouldn't we put stothehiro in charge of Australia...since he obviously has the answers that others don't
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Woolworths halts 'click and collect' shopping across Australia, home delivery cancelled in parts of VictoriaBREAKING: Supermarket giant Woolworths has suspended all click and collect services across Australia amid the coronavirus crisis, and extensive delays are in place for home delivery. More: 9News Good. Our order was delayed a week. When we picked it up most of it was missing What choice do they have when half the shelves are empty. I would have thought they would scale up the home deliver service in this case
Source: 9NewsAUS - 🏆 10. / 72 Read more »
State of emergency declared in Victoria to deal with coronavirus outbreakVictorian Premier Daniel Andrews has declared a state of emergency to deal with the coronavirus outbreak for at least four weeks. Great initiative you rather be proactive coronavirusaustralia coronavirus COVIDー19 Alll eyes on NSW Act before it’s late Andrews our Chinese loving Premier.
Source: SBSNews - 🏆 3. / 89 Read more »
Coronavirus live updates: Shadow health minister says 'likely schools will closeCoronavirus Australia world cruises cancelled Victoria will fast track surgery, Vivid Sydney is off, Trump ... CloseTheSchools Did Murphy say that children can help to create herd immunity, so keep the schools open ? Thinking aloud but would it be feasible to keep schools open (with reduced staffing levels) just for children of healthcare/police etc who would otherwise have to stay home?
Source: 9NewsAUS - 🏆 10. / 72 Read more »
LIVE: Warriors make huge call on NRL futureThe Warriors have made their decision, which was massive to the NRL's immediate future amid the coronavirus crisis. Shouldnt there be some form of income insurance for the plays,club and the NRL and a whole 🤔🤔🤔
Source: wwos - 🏆 12. / 68 Read more »
All travellers forced to self-isolate under tough new coronavirus restrictions | Sky News AustraliaPrime Minister Scott Morrison says all travellers arriving in Australia from this evening will be forced into a 14-day period of self-isolation to stop the spread of coronavirus. \n\nDelivering an update after the first meeting of the coronavirus National Cabinet, the prime minister said the measures would be adopted following an increase in community transmission of COVID-19. \n\nIn addition, all international cruise ships will no longer be allowed to dock at Australian ports. \n\n“This is very important, what we've seen in recent weeks, is more countries having issues with the virus and that means the source of some of those transmissions are coming from more and more countries,” Mr Morrison said. \n\nAuthorities have confirmed there are now 250 cases of coronavirus across Australia.\n\nThe prime minister said at this stage schools across the country will remain open.\n\nThe prime minister said Australians were “common sense people” and urged them to undertake social distancing measures to prevent the spread of the virus.\n\n“In recent weeks and months, we've seen some examples, not of that behaviour and that's regrettable but for the vast majority of Australians, they are commonsense people and we have to rely on their judgement as well. Great decision!.. good leadership!!.. Americans should be banned immediately. Healthcare service access is one of the worst in the world. Heading to epidemic. Be tougher!!!!!
Source: SkyNewsAust - 🏆 7. / 78 Read more »
All travellers forced to self-isolate under tough new coronavirus restrictions | Sky News AustraliaFULL SPEECH: Prime Minister Scott Morrison has urged Australians “to get on with their lives” as the government unveils a raft of tough new restrictions aimed at curbing the spread of coronavirus.\n\nFrom midnight tonight all travellers arriving from overseas will be forced to self-isolate for 14 days.\n\nThe Prime Minister confirmed there will be penalties for non-compliance, although the severity of the offence will be up to the states.\n\nCruise ships, which are a major vehicle for international spread of the disease, will be banned from docking in Australian ports.\n\nSchools will remain open, with Prime Minister Morrison warning widespread closures could “make the situation worse”.\n\nMr Morrison confirmed Anzac Day events may be cancelled in order to stop the spread of the disease.\n\nAt least 250 Australians have contracted the novel coronavirus COVID-19, while more than 150,000 people across the world have been infected.\n\nIn addiction to the new restrictions, the Prime Minister also urged all Australians to practice self-isolating measures including avoiding shaking hands with other people.\n\n“I really want Australians to get on with their lives as normally as possible but there will be disruptions and they will adjust, Australians can of course adjust,” Mr Morrison said.\n\n“What I hope won’t happen and I’m sure it won’t, is that we won’t lose our sense of 'Australian-ness' in all of this, we will support each other.” ScottMorrisonMP It's too late the virus is already here, containment has failed and we need to lockdown now! We're in the mitigation phase and our only option is to lockdown for 2 weeks. Each day that passes is 1000's of lives needlessly gone. ScottMorrisonMP How to “get on with lives”? If there is such high risk of infection. Please tell Australians when you can have test kits available for all Australians! ScottMorrisonMP what about arriving airline crew?
Source: SkyNewsAust - 🏆 7. / 78 Read more »