Morrison says open up the economy to recapture one million lost jobs

5/05/2020 11:42:00 AM

Prime Minister Scott Morrison wants to open up the Australian economy to recapture one million jobs lost in the past six weeks due to the coronavirus shutdown.

Prime Minister Scott Morrison has set a goal to restore one million jobs by opening up the economy as soon as this Friday, piling pressure on state and territory leaders to ease their coronavirus restrictions.

Prime Minister Scott Morrison wants to open up the Australian economy to recapture one million jobs lost in the past six weeks due to the coronavirus shutdown.

Advertisement"I can assure you that the national cabinet and certainly the commonwealth government is under no illusion about the ongoing costs of these measures.Alex EllinghausenWhile school closures were not on the agenda on Tuesday, Mr Morrison highlighted the economic cost of keeping parents at home to look after children rather than returning to work.

Australia has had 6849 COVID-19 cases, leading to 96 deaths while 5889 people have recovered. More than 660,000 people have been tested in Australia.The impact is costing 290,200 jobs in Queensland, 224,500 jobs in Western Australia, 87,100 jobs in South Australia, 32,100 jobs in the Australian Capital Territory, 26,000 jobs in Tasmania and 21,400 jobs in the Northern Territory.

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Brothels and massage parlours we dont need d foreign temp workers all cooks n hotel staffs even chook processing r using foreign workers They have been keeping our wages stagnant so they should go With 12% jobless there is nothing for them COVID19 be like ... I would imagine it would be hard to employ all 1 million. But hey he sees miracles at his church every day and twice on Sundays!

2nd wave here we come Ah, looking to shift blame to the States already. How predictable. He's studied Trump's playbook. well...he panicked, and now realises that he overreacted and did enormous damage unnecessarily. But those guys over there...they need to get on board... Labor and greens voters would hate this. Staying home and getting paid by the government is exactly what they have been striving for for years.

If anyone can do it...

Coronavirus live updates: Prime Minister Scott Morrison has indicated the government will shift its focus from the health crisis to the economic one.Nearly five million Australians have now downloaded the COVIDSafe app, with the Prime Minister urging more to do the same. AusPol 9News Live updates: Bollocks Yes Scotty, i will bend over and spread my cheeks for au gov. If you had 5mill I'd think myself very lucky

Just get on with it you clown. Has done an amazing job, seriously, let’s get this show back on the road Yeah. We don't want people lying down on the job. Tax relief would be nice politicians leading from the rear...open parliament Parliament reopen first. Simple and easy! economy Covid_19australia Even the communist China has the ball to open their Congress meeting. Scomo and his MPs stay home and ask others to go outside for working.

Bout time , what have they waiting for

Scott Morrison urged to extend coronavirus assistance to one million 'vulnerable' temporary visa holdersAlmost 200 Australian community groups have signed an open letter to Prime Minister Scott Morrison, urging him to include more than one million refugees, asylum seekers and vulnerable communities in the government's coronavirus response. the jail’s health services administrator, testified that it often takes two weeks for medical requests at the jail to be addressed. Covid_19 prisonerspeopletoo So, most Australian are or will be doing it tough and our country could be going into one of the largest economic depressions in recorded history.... & you want the taxpayer to support 1million people that have done nothing for this country & have not payed 1 cent in tax? NO! Australians first PERIOD

You ungrateful slobs should be licking this mans boots, for how he's about to 'save' you all from the brink of disaster. Government prevails, once again👍 Thanks Big Brother🙏 Obey. ControlledEconomicDemolition DebaseTheDollar ThisIsOnlyTheBeginning 1984HasArrived WATERING AUSTRALIA-Engineers want to do this-How about WATERING AUSTRALIA sourced from The Northern Territory and getting those Farmlands productive CAPITAL to INCOME PRODUCING..not Capital wasted with no returns likely..

ScottyFromMarketing it’s time to keep Australians safe. Money over life. You choose money. Shame MORRISON Shame Bully boy ScottyFromMarketing at it again. Pushing the economic barrow over the lives of Australians. Yet Morrison won’t send his own kids to school. Scott Morrison I applaud your good intentions..Its a Start-AUSTRALIA NEEDS - GIGANTIC INFRASTRUCTURE DEVELOPMENT TO START NOW!!

Has he recalled Parliament yet ? I just think Sco Mo is a nob. He's a deer in the headlights. I don't disagree but how he goes about things is like a maniac! It all comes down to money, doesn't it Scomo? Good luck with that It is interesting to see Morrison’s focus change from health to the economy... showing his true colours

Govt pumps $300m into hydrogen projects | Sky News AustraliaThe Morrison Government has established a $300 million fund to help finance Australian hydrogen energy projects.\n\nThe Advancing Hydrogen Fund is set to focus on growing a clean, innovative and competitive hydrogen industry in Australia.\n\nThe fund will back projects that align with the priorities under the National Hydrogen Strategy such as developing export and domestic supply chains, establishing hydrogen hubs and projects that build domestic demand for the energy source. Nuclear is the future Great initiative! Great idea ... But in the meantime, how about a new/rejuvenated clean coal generator... We need to, at least, halve power costs IF we are to resume international competition & local life style. Scott_morrisonMP

What happens it the economic bounce back isn’t V-shaped?Australia is predicted to see an economic bounce back in 2021 but what will happen if the V-shaped recovery decides to take the form of an L instead? jasemurphy investigates jasemurphy Great piece today Jason! jasemurphy Jason. I don’t think we’ll get a V curve - note an increase in Bus Inv will take years as many SMEs are currently using $ surpluses or borrowing to fund the Job Seeker Payments - they won’t get this back for a few months so any pllanned inv (if any) will be pushed back.

Push for Aussies to return to the officeAustralians will be urged to get back to work at the office as the Morrison Government reveals current restrictions are delivering a $4 billion hit to the economy every week., reports samanthamaiden samanthamaiden Get back to work. samanthamaiden Isn’t this the perfect opportunity to re think our economic system? COVID19 backtowork samanthamaiden Go back to work and wait for the 2nd wave 🌊 Australia ! 😂😂

PM outlines economic cost of shutdownPrime Minister Scott Morrison has revealed the huge economic cost of the school shutdown as he warns re-opening schools is crucial. Hmm has nothing to do with health rather economic. When Morrison sends his kids back to school we know it’s safe Damned you do damned you don't -- health or economy? I think health is more precious than wealth, don't you? Is that pictorial relevant?

Play video Ramping up the case for an economic restart, he cited Treasury estimates that the school closures will cost 304,000 jobs, the controls on industry and public gatherings will cost 708,000 jobs and the slump in domestic and international demand will cost 516,000 jobs.Stuart Marsh 04:53 The Commissioner of the COVID-19 Coordination Committee, Nev Power, has told businesses and workplaces that its's time to have plans in place for employees returning to work.Share on Facebook Share on Twitter Almost 200 Australian community groups have signed an open letter to Prime Minister Scott Morrison, urging him to include more than one million refugees, asylum seekers and vulnerable communities in the government's coronavirus response.Govt pumps $300m into hydrogen projects 04/05/2020 | 1min The Morrison Government has established a $300 million fund to help finance Australian hydrogen energy projects.

But the Prime Minister admitted he could not force the state and territory leaders to act this Friday, under a national plan that leaves it up to each jurisdiction to set its own timetable for relaxing the rules. Advertisement "We now need to get one million Australians back to work – that is the curve we need to address," Mr Morrison said after emerging from national cabinet. "So, my message to business is a very very simple, continue to work with your employees to find ways of configuring your business so you are able to introduce the restrictions on social distancing and hygiene into your normal business activities," Mr Power said. "We have to get Australians back to work in a safe economy. "As Australia and the world suffers the impact of the COVID-19 pandemic, it is clearer than ever that how we treat the most vulnerable in our society directly impacts the health and wellbeing of all of us," the open letter read. "I can assure you that the national cabinet and certainly the commonwealth government is under no illusion about the ongoing costs of these measures.". Scott Morrison and his charts showing the economic impact of the coronavirus.

Credit: Alex Ellinghausen "And it certainly puts enormous pressure, as it should, on the timetable as we seek to move Australia back to that safe economy. They also want to see JobSeeker payments to temporary visa holders and people on bridging visas, which they say would in turn help the businesses employing them." The plan agreed at national cabinet on Tuesday aims to create a sustainable and safe economy by July under a three step framework that leaves it up to states and territories to decide the timetable to remove each restriction. While school closures were not on the agenda on Tuesday, Mr Morrison highlighted the economic cost of keeping parents at home to look after children rather than returning to work. Asked several times about the tightness of the restrictions on schools in Victoria, Mr Morrison made no criticism of Victorian premier Daniel Andrews but highlighted return to school in NSW and the similar "good calls" in other states."  Leading epidemiologist Professor Michael Toole said the government did not have to look too far overseas to see the potential health disaster that could unfold when vulnerable sectors of society go forgotten. National cabinet decided Safework Australia would be the "single source of information" for employers on safety rules but specific decisions were put off until another meeting on Friday.

Australia has had 6849 COVID-19 cases, leading to 96 deaths while 5889 people have recovered. More than 660,000 people have been tested in Australia. AAP "In all of these countries, migrant workers have been housed in crowded dormitories with inadequate access to clean water and sanitation,” Professor Toole said. The Treasury analysis found the biggest economic declines were in NSW and Victoria, which are losing 3.7 percentage points and 2.7 percentage points in economic activity respectively.  READ MORE CEO Paul Power said the situation would only deteriorate if vulnerable communities continued to be"left out in the cold".

The slump in economic activity in the first half of this calendar year is expected to cost 490,300 jobs in NSW and 355,900 jobs in Victoria. The impact is costing 290,200 jobs in Queensland, 224,500 jobs in Western Australia, 87,100 jobs in South Australia, 32,100 jobs in the Australian Capital Territory, 26,000 jobs in Tasmania and 21,400 jobs in the Northern Territory. Mr Morrison hinted at easing rules for restaurants and cafes over time by pointing to the wider economic cost from their closures, such as the damage to food producers."  People in Australia must stay at least 1. Loading "There have been very good reasons for having them closed but the longer that goes on, it is not just the way the restaurant is affected, it is the food producer, the supply chain, and it goes into those sectors," he said. The economic impact of the pandemic, and measures aimed at stopping its spread, continue to weigh on the nation, with only 38,926 new car sales were sold in April.

This was a 48. Testing for coronavirus is now widely available across Australia.5 per cent drop on the same month last year and the worst single monthly result since figures started being collated in 1991. The Reserve Bank of Australia kept official interest rates at 0.25 per cent following its regular monthly meeting, but the bank expects unemployment to reach 10 per cent in coming months. SBS is committed to informing Australia’s diverse communities about the latest COVID-19 developments. By the end of next year, the RBA believes the jobless rate will still be above 7 per cent.

Bank governor Philip Lowe, who is expecting the economy to contract by 10 per cent through the first half of the year, said there could be a stronger recovery if the coronavirus is contained and social distancing restrictions are eased. But he cautioned if restrictions were delayed, or reimposed to deal with a fresh outbreak, then the economy could suffer an even larger hit. The government is open to supporting those parts of the economy that will struggle the most to emerge from the pandemic shutdown. Treasurer Josh Frydenberg told the National Press Club sectors such as tourism and hospitality are taking much larger hits than construction or manufacturing. There may be scope to help those sectors that will take much longer to recover than others.

"We have to think about smoothing that transition for businesses going into that recovery phase," he said. Loading Separate figures from the Australian Bureau of Statistics, based on the payroll data of most local businesses, suggest almost one million jobs have been lost since the middle of March. Wage income over the same period has collapsed by 8.2 per cent. A third of jobs in accommodation and food services have disappeared while 27 per cent in arts and recreation have gone.

Women have been disproportionately affected with female employee numbers down 8.1 per cent compared to 6.2 per cent for men. The youngest members of the workforce are also copping a belting from current restrictions. Employee numbers for those aged up to 20 have collapsed by 18.

5 per cent, while among 20 to 29-year-olds there has been an 11.8 per cent fall. The Australian Council of Trade Unions has urged the government not to reopen the economy without first strengthening workplace rules to slow transmissions, or risk a second wave of coronavirus infections. “Now we’re going to make decisions to re-open parts of the economy with very few models, other than authoritarian states, on how to do so and we’ve got to do everything we can to not make the last six weeks in vain,” said ACTU secretary Sally McManus. The unions want three changes: paid pandemic leave for all workers, a legal obligation on employers to protect their workers from coronavirus by using measures like social distancing, and a duty for companies to tell regulators about coronavirus cases among their staff.

Without clear rules on the exact steps businesses have to take to keep their workers safe, Ms McManus said you could “drive a truck through it” by arguing existing measures were sufficient. And she said paid pandemic leave would encourage workers who would otherwise be afraid of losing income to get tested rather than potentially spreading the virus. With Nick Bonyhady Sign up to our Coronavirus Update newsletter Get our Coronavirus Update newsletter for the day's crucial developments at a glance, the numbers you need to know and what our readers are saying. Sign up to The Sydney Morning Herald's .