May sales were up 17 per cent compared with April resulting in the highest increase on record. The May increase almost reversed April's loss.
Credit and debit data from the Commonwealth bank also saw a lift in consumption. Spending on household goods in June increased by 25 per cent compared with last year. The Australian Retailers Association said the increase in spending indicated a pent-up demand caused by lockdowns. Image: Getty
Soared.....lol. Why cheerlead this bs? It’s just bounced off the floor because it can’t get much lower. Perspective.
I wonder if this is the start of a dead cat bounce?
restart_smile
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Possible COVID-19 vaccines and good unemployment figures buoying Wall Street | Sky News AustraliaUS markets are enjoying positive gains following revelations there could be two COVID-19 vaccines available in the US before the November Presidential Elections.\n\nSky News contributor Peter Switzer said Wall Street was 'loving the economic comeback' despite national infection rates remaining high.\n\n'You wouldn't be surprised to learn the White House is putting a lot of pressure on the FDA to expedite the kind of processes that normally hold back the arrival of major new medicine,' he said.\n\n'If there's a vaccine, Wall Street could go even higher.'\n\nMeanwhile, President Donald Trump announced more than 4.5 million was added to the US economy in the month of June, exceeding forecasts and raising hopes for a sharper than anticipated recovery.\n\n'Donald Trump sees this as a very important milestone for him for re-election,' Mr Switzer said.\n\nImage: AP “revelations”.....are you serious? Try bullsh** rumours.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Australia faring better on COVID-19 than around the world | Sky News AustraliaDespite the COVID-19 focus being on America and the politics surrounding President Trump, Europe has in fact fared much worse than the US and Australia says Sky News host Chris Kenny. \n\n“There's a huge focus on the US, which has the highest total death toll in the world, more than 130,000 people, and where the outlook is bleak,” Mr Kenny said. \n\nLooking at the data surrounding death rates in differing countries and Australia’s situation, he said “if we had Canada's death rate we would have more than 5500 deaths already”. \n\n“If we'd matched the disaster of the US we'd have almost double that, almost 10,000 deaths by far”. \n\nMr Kenny said if we compared to the UK, Australia would have lost more than 16,000 people and over 21,000 compared to Belgium. \n\nImage: AP realDonaldTrump So what you fu-King sociopaths! realDonaldTrump “Europe has in fact fared much worse than the US and Australia.” This sentence makes no sense. Delete this. Places in Europe have had terrible tolls but NOWHERE on Earth has done WORSE than the US. It doesn’t matter what you were trying to say, this statement is just plain wrong
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Victoria records 66 new cases, suburbs outside lockdown zone record high number of infectionsTwo suburbs bordering a lockdown zone have recorded a high number of additional infections in the past week. Flemington and Kensington have not been identified as hotspots and are not yet in lockdown, but border Ascot Vale, which is already in lockdown. maybe we expect better of govt & health dept management of virus clusters allowed to blow out with govt spin 'handled absolutely perfectly' & protestors immune from enforcement. The debarcle that is hotel quarantine is the final straw. The health minister must resign.
Source: theage - 🏆 8. / 77 Read more »
Victoria records 66 new cases, suburbs outside lockdown zone record high number of infectionsBREAKING: Victoria has recorded 66 new COVID-19 cases, down from 77 the previous day. 'A day with 66 is far preferable to seeing a doubling and a doubling again. To see these numbers relatively consistent is pleasing,' said Premier DanielAndrewsMP. DanielAndrewsMP DanielAndrewsMP is pleasing to see Victoria's covid19 cases in double digits for more than 2 weeks. What an awkward loser! SackDanielAndrews ReclaimVictoria DanielAndrewsMP A calm and firm response has knocked all the hysterical nay sayers like Bolt and Mitchell for six. DanielAndrewsMP
Source: theage - 🏆 8. / 77 Read more »
Melb hotel security guards are 'just cowboys in it for the rork' | Sky News AustraliaSky News contributor Michael Ware says he was astounded by the “so many horrors” taking place in Melbourne’s hotel quarantine system which were propelled by the government’s “outsourced” security firms. \n\nReports emerged suggesting security guards employed to enforce quarantine measures on returned travellers slept with guests and allowed them to break strict isolation regulations by leaving their rooms. \n\nMore than 50 cases of coronavirus have been so far linked back to the failed hotel quarantine system. \n\n“Keeping our Australian public safe and protected from a global pandemic is essentially a sacred trust that we should hold in a government - the first thought is who on earth considered outsourcing this security,” Mr Ware told Sky News. \n\n“This takes professionals with honour who are in the service of their country,” he said. \n\n“Some of these [security] companies are just cowboys in it for the rork.\n\n“To think that a democratic state outsourced this sacred duty to what turns out to be a fly-by-night operation, it astounds me.” \n\nImage: News Corp Australia yeah...that's what happens when you have private enterprise doing government jobs...just like prison system... Just blame it on the Chinese and get it over and done with... Government policy dictates anything that's fuckwd up blame it on Chinese Dan is a Disgrace. Again he has put lives at risk. And tax payers have to fit the 3 million dollar inquiry to his bungle.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
California reimposes restrictions following coronavirus spike | Sky News AustraliaCalifornia Governor Gavin Newsom has ordered indoor restaurants, movie theatres and museums across 19 counties close their doors as the state experiences a resurgence in coronavirus cases. \n\nNew restrictions were also enforced with 72 per cent of the state ordered back into lockdown. \n\nLos Angeles Country recorded more than 100,000 cases of the virus. \n\nCalifornia was the second most affected state in the last 24-hour period – after Texas – as 37 US states saw a spike in infections. \n\nUCSF Department of Medicine Chair Dr Robert Wachter said he believed the spikes were “less about governance and more about human nature.” \n\nImage: AP\n Please note all good Americans, this moron is still being paid as he destroys your lives. Oh by the way, your paying him. This is disgraceful! All to make realDonaldTrump economy look bad for the elections! FakePandemic Trump2020NowMoreThanEver Please help investigate this disgusting scheme
Source: SkyNewsAust - 🏆 7. / 78 Read more »