Coastal electorates that rely heavily on tourism have been hit hardest, and workers in rural and regional electorates have been hit harder than workers in the major capitals.
2.7 million people either lost their jobs or lost hours of work in April. The unemployment rate doesn’t capture the scale of COVID’s effect on jobs.
A defining feature of the COVID-19 crisis is the uncertainty it’s created. The uncertainty could be very costly for the Australian economy, and will weigh on the economic recovery in Australia until we’re certain we’ve got the virus under control.
There’s still a lot we don’t know about how the virus affects children. We are safer if we make decisions while fully aware of that uncertainty, rather than with an unfounded surety. Only then can we properly measure the trade-offs, and make the tough decisions that need to be made about our schools.
Almost two million Australians downloaded the COVIDSafe app in the first 22 hours of its release. But that is a long way from the numbers the app needs to be effective. The government needs to do more to convince people it can be trusted.
Grattan has developed a new tool for monitoring the impacts of the coronavirus on the Australian economy
About 1 in 3 Australian businesses have expressed interest in the JobKeeper Program – but not all sectors are represented equally.
The March labour force data will report on a jobs market that sadly no longer exists – the Australia before widespread spatial distancing and shutdowns of non-essential businesses.
Governments around the globe are promising record amounts of spending to tackle the crisis. And those commitments will get bigger before this is over.
A growing body of evidence shows that if we can hold the course for a little while longer, Australia could beat coronavirus.