Economy losing billions each week as a result of COVID

  • 📰 9NewsAUS
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Finance Finance Headlines News

Current COVID-19 restrictions are costing the economy $4 billion a week, says Scott Morrison. 9News

Coronavirus updates: Woman dies in Tasmania; NRL 'groupies' fined after Anzac Day photos; US jobless claims pass 30 million since pandemic shutdown began

There has also been an 11 per cent fall in GDP while unemployment is also forecast to hit 10 per cent. Australian Bureau of Statistics figures show 94 per cent of the arts and recreation sector has been affected by shutdown measures."The National Cabinet are not in any way unaware of the serious implications of the decisions we have had to take now over many months," Mr Morrison said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Cheers to the media for beating all of this up to the point where we all cannot go to the pub

'The conclusions are clear. I can't stress it enough. And my CMO will back me up on this. It's cheaper for you to die, and to maintain our health first shut down policies.. Get used to it! And lets open the pub'

But at least we don't all have coronavirus

Big figure - is it a shock value figure or properly calculated?

User pays. So what's the problem? auspol ausFRAUD

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines