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News Coronavirus Thread

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All non-essential travel cancelled.
 
National Cabinet meeting tonight to discuss local lockdowns.
 
Local lockdowns definitely coming, parts of Sydney.
 

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10 per cent reduction in economic activity.
 
Six months is the timeframe we need to think in. At least six months: PM
 
Frydenberg kidding himself if he thinks these boosts to Newstart and pensions will be enough and if they'll ever be reduced.
 
Letting people access $10k of their super in April, and then next year if you're affected by it.

Monumentally stupid idea. Stupid, stupid.
 

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Community transmissions escalating then.

What I’d like to see is if the cases are getting more serious, or just more people are testing positive to it.
 
Just give people money Josh.

You can borrow it at 0.25 per cent - it is free money.

Just drop helicopter money ffs.
 
Just give people money Josh.

You can borrow it at 0.25 per cent - it is free money.

Just drop helicopter money ffs.

Unsecured loans are still loans

still requires repayment
 

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Morrison's attitude of automatic aggressive certainty is well suited to winning elections, but shithouse for this kind of situation.
 
This is Keynesian 101.

Dunno what all the whining is about.

I don't see any pissing & moaning when Dan Andrews does it.

I suppose it all comes down to which "brand" is doing it.:rolleyes:
 
Jean Luc, not about your idea, I’m in agreement

The package just means opening up business for greater debt

Soz mate. Yeah agree totally.

They're going to end up writing them off anyway.
 
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