Victorian economy could lose four years of growth due to virus lockdown

Lockdowns to stop the spread of coronavirus across Victoria could punch a $41 billion hole in the state's economy and drag it back to where it was in 2016 with fresh warnings its COVID-19 outbreak is holding back the entire nation.

Such a large fall in activity would result in the Victorian economy retreating to where it was in early 2016. He said Victorian output could fall by 15 per cent in the September quarter alone as the state endured its six week lockdown.The closure of the NSW-Victorian border is affecting the economies of both states.ANZ senior economist Cherelle Murphy said no state or territory would be immune from the fallout from Victoria's lockdown.

It was the seventh decline in the past eight quarters with activity down 12.1 per cent over the past year, the biggest annual drop in 19 years. New housing construction in NSW alone has fallen to where it was in March 2014.

Explain what you think economy means. Your headlines shows you don't understand the concept.

What to expect from a incapable government.

Lockdowns don't result in fewer deaths/ critical cases (the Lancet). They're a mortality bonanza in themselves tho. Deaths still constant (& only very old &/or very sick) yet we've thrown every single one of us under a bus. Protect vulnerable, let the healthy manage own health

And they won't be getting their belt and road money either.

The plandemic is achieving its objective

What is the cost of putting the Victorian medical staff's lives in danger?

But it's all a plandemic.. And we can all blame DanAndrewsMP cos he WANTS the state he is responsible for to lose $41b 🙄🙄

하나님께서 우리를 창조하셨습니다. 경배받으실 분은 오직 주님이십니다. 회개하십시오. 죄에서 돌이키십시오. 거룩함으로 메시아오심을 준비해야 합니다. 회개와거룩함사역회 PrimeWednesdayService

But... but.. the economy is our God Shouldn’t we sacrifice people to appease it People’s artificial class stricture is at threat!! the wealthy need wage slaves! Whatever will we do? 😱😱😱

“Could”!!! Report the freakin news peanuts

What economy ?

Better than punching up daisies you ball bags.

Victoria is a ghost town and a car wreck in one

The Age, its editors and leadership must be salvitating over the situation in the USA. Imagine: the economy would be fully open but hospitals would be overloaded and hundreds would be dieing everyday. The headlines would be glorious and it would be Dan the Deathman.

Channel 9 you don’t know Victorians.

Dicktator Dan!!!! Victoria Wrecking Ball -- economy buster!!!!

🤣🤣🤣🤣

This pic is Bridge Rd on a good day pre-COVID.

We can blame the Federal Gov for this. They allowed Ruby Princess passengers to disembark and scatter Australia wide, and plane loads of people arriving from China up to the end of February and no quarantine restrictions were placed on these arrivals. .. what a joke the Feds are

recognise those crappy tramstops- seeking the revitalisation of Richmond's activity centres and reclaiming woeful platforms for retail activation TimnaJacks

To say nothing of the depressed and fearful people of Dan

Jesus you guys have sold out. Rip the independent off your slogan would you?

Oh well better than Liberal and other grubs taking our Pokie money. Thievery

But surely it's worth it to extend the lives of a few hundred 80-something cancer patients by a few months?

Economy over people? Why not just put all the unemployed, the disabled, the intellectually challenged, the pensioners & anybody else whom the govt deems unworthy, why not just throw them all in nursing homes? Pre emptive palliative care Morrison calls it..

And what. The economy's no bloody use if you're dead - or crippled with permanent heart or lung damage. A lot of the people who have been seriously ill will never work again. The federal government is responsible for quarantine. They let this shit into the country. Blame them.

On top of the Billions and Billions over budget on transport projects.......what a massive fuck up by the Andrew's government.

Imagine another 12 months under Dictator Dan

were those figures provided by JoshFrydenberg ?

This is political manslaughter DanielAndrewsMP

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and the Age provide's an alternative solution, be sure to see that it will be essential reading for cuffwits

This is not medicine, it's derangement

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Vic govt needs to provide plan for when stage four lockdown ends | Sky News AustraliaVictorian Chamber of Commerce and Industry CEO Paul Guerra has called on the Victorian government to reveal what the plan is for when Melbourne’s stage four lockdowns are finished in three weeks.\n\nMelbourne’s stage four lockdown is set to be lifted on September 13 and the state government has not provided any clarity about what will happen when the lockdown is lifted.\n\n“We’re less than three weeks away now … what businesses now need is the certainty around September 13,” Mr Guerra told Sky News host Peta Credlin.\n\n“What does the plan look like to not only get out of this current phase, but what is the sign posting that means that we can go – if in fact we go to stage three- how do we get to stage two and ultimately how do we get out of this.”\n\nImage: News Corp Australia Wait and find out Lol they have a plan? They must have some set criteria on what specific targets they need to meet and yet they don't say. Why? This makes no sense. The public deserves to know how they are making their decisions
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Call to expand plan to protect health workers from contracting COVID-19Medical groups say fit testing of face masks must immediately be made mandatory for front-line health workers after state government analysis showed up to 80 per cent of Victorian healthcare staff infected with COVID-19 caught it at work. Just another governmental failure..one of many.😞😞😷 I assume WorkSafe are involved then as according to their website it’s an ‘employers obligation to ensure staff wear appropriate masks’ and ‘are provided guidance on how to wear and maintain them properly’? The flu vaccine is mandatory for Victorian health care workers since May 2020. Studies have shown that the flu shot increases the chance of getting coronavirus.
Source: theage - 🏆 8. / 77 Read more »

Call to expand plan to protect health workers from contracting COVID-19Up to 80 per cent of Victorian healthcare workers who tested positive for COVID-19 amid the state's second wave contracted the deadly virus at work. Sure sure I call fake news That's hard to believe! Where are the figures for this? Another one of Dan's lies. He only last week said that a majority of health care workers caught it away from work.
Source: theage - 🏆 8. / 77 Read more »

Call to expand plan to protect health workers from contracting COVID-19Up to 80 percent of Victorian healthcare workers who tested positive for COVID-19 amid the state's second wave contracted the deadly virus at work. and upto 100% will survive... And here was me thinking they caught it on the golf course?
Source: smh - 🏆 6. / 80 Read more »

Liberal senator urges Victorians to demand compensation for lockdownsSarah Henderson is calling on people to use state law to seek financial redress if they have lost work from the curbs imposed to counter the coronavirus. Privatise your profits and socialise your losses Just send legal costs to Senator Henderson when case fails. FFS
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Daniel Andrews defends push to extend Victoria's state of emergency until next yearDaniel Andrews has defended his decision to seek an extension to the state of emergency in Victoria beyond the current six-month limit, which is due to be reached on September 13. 9News He’s had six months to put other processes in place through the normal channels of parliament. If this is the new normal then he can get back to normal government. While we may still be in a medical state of emergency politically we should not be.
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