New Grattan Institute modelling shows that most Australians will have a comfortable retirement – even if they’ve spent some of their super early.
Victorians in 10 postcodes across Melbourne’s north and west have been ordered back into lockdown. But regaining control of COVID-19 remains the responsibility of all Victorians.
Previously hard-hit rural electorates in Queensland and NSW with large tourism industries have regained some jobs, while inner-city electorates are now among the hardest hit.
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.