Victoria and NSW are poised to face deep recessions due to the coronavirus pandemic with warnings their economic dependence on tourism and education have put them at particular risk from the looming slowdown.
The heavy dependence of the NSW and Victorian economies on tourism and education have left them particularly exposed.The government has conceded the nation is unlikely to avoid recession with some economists tipping the economy could contract by up to 10 per cent in the current June quarter alone.
swrighteconomy 'GET WELL SOON' Boris BorisJohnson was admitted to the hospital due to coronavirus
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L-plater, barbecue-goers latest to be slapped with infringementsPolice in NSW and Victoria have been kept busy fining people for breaching restrictions to stop the spread of the coronavirus. Slow learners... Gestapo tactics It’s not rocket science - stay home unless you’re going to work, to the Dr, shopping for essentials or exercising.
Source: smh - 🏆 6. / 80 Read more »
Queen gives stirring virus speechThe Queen evoked the wartime spirit as she thanked Brits and the NHS for their tireless efforts fighting the virus and promised better times are ahead.
Source: newscomauHQ - 🏆 9. / 77 Read more »
Millennials are driven to a hard generational bargainComment: A generation of young, working age people are putting their dreams on hold to slow the progress of a virus that’s more likely to seriously affect older Australians, writes Sonia Arakkal Florida Man diagnosed with CoronavirusPandemic said hydroxycholorquine... They have already put their lives on hold, their whole lives to save the oldies from correction in home prices. Young people can't have babies because of Baby boomer policies. I think they'll cope with this too. Maybe we might get a rethink on a few things. Not true. Affects all ages.
Source: smh - 🏆 6. / 80 Read more »
Australia publishes virus recovery tallyAustralian health officials plan to update a daily coronavirus recovery tally to raise hopes that 'most people who get this disease do recover' | michaelfowler08 michaelfowler08 Paul Kelly is doing a brilliant job michaelfowler08 Maybe don't limit testing so severely that only the worst cases are identified, and show how many tests are repeats. michaelfowler08 Italy and Spain are super happy... New York is also coping really well...
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More than 360,000 Australians apply for early release of superMore than 360,000 Australians are seeking an early release of their superannuation under the Federal Government's plan to help Australians left jobless or facing financial hardship because of the coronavirus crisis. Have the ABC been given pay cuts or any loss off jobs? Or is it just the ordinary people feeling the pain? Future tragedy StephenLongAus This is a huge mistake.
Source: abcnews - 🏆 5. / 83 Read more »
Firey clash over coronavirus media 'alarmism' | Sky News AustraliaSky News host Chris Kenny and veteran ABC journalist Quentin Dempster have engaged in a fiery clash over “alarmist” coverage of the coronavirus crisis by Australia’s largest media organisations.\n\nMr Kenny began by saying there had been “alarmist numbers at the ABC, in NewsCorp, in NineMedia” specifically focusing on potential Australian death tolls from the deadly virus.\n\nIn a heated rebuke, Mr Dempster told Mr Kenny to “stop raising the media rivalry argument in this”.\n\n“You’re going onto some cheap retrospective shot about those media elements,” Mr Dempster said.\n\n“No I’ve been saying from the get go that some have been alarmist on this,” Kenny replied.\n\nImage: News Corp Australia \n\n Just as well he wasn't on PMOnAir as he wouldn't have passed the 'no sooks no lefties' test. QuentinDempster And totally led by the MurdochHacksAndPressitutes on SKY QuentinDempster Chris Kenny....... Hack journalism at its worst....
Source: SkyNewsAust - 🏆 7. / 78 Read more »