China should pay trillions for outbreak
A new report claims China should pay for the COVID-19 disaster that has caused tens of thousands of deaths and shattered the global economy.
Economy
State slammed for secrecy on $223m bill
An independent report has found the Queensland government’s decision-making over Wellcamp was reasonable, but slammed the secrecy surrounding the huge cost.
Bali floats $150 tourist tax
While it might be favourite among many Aussie adventurers, one island destination may soon cost a lot more to get to.
State with biggest jobs boom revealed
Covid-19 ravaged Australia’s job market, but fresh data from the ABS reveals which state is rebounding fastest from the pandemic.
‘Coercion’: Ex-PM’s dire China claim
Scott Morrison has claimed China wants to be a “controlling power” in global politics, including over Australia.
Insane scenes in China as Covid surges
China is seeing one million Covid cases every day as bodies “pile up” in what is likely to be the biggest outbreak the world has ever seen.
AMA president’s dire long Covid prediction
The implications of long Covid affects far more than the individuals unlucky enough to be struck with it, the AMA president has shared.
Treasurer’s grim warning for Aussies
Australians hoping for an end to the price pinch have been issued a grim warning from the Treasurer.
Albo’s awkward selfie with premiers
Anthony Albanese hosted dinner at The Lodge and tried to snap a few selfies with Australia’s most powerful politicians.
Why your delivery has been delayed
An image has revealed why deliveries around the globe have been delayed, with experts predicting it will not get better anytime soon.
Map shows looming trouble for the world
The number of cargo ships waiting outside the port of Shanghai has quintupled due to challenges arising from the city’s lockdown.
Study’s confronting findings on Covid lockdowns
A study found New York and California failed in their handling of Covid, while Florida — which ended restrictions earlier — was among the best.
Big prediction on future Covid waves
Officials are optimistic that future Covid waves won’t have a major impact in Australia, but there’s one big caveat.
How parents in NSW can get $250
Parents of school-aged children in NSW are being offered $250 to spend on recreation and entertainment. Here’s how to apply.
‘Shock’: PM’s message at world forum
Prime Minister Scott Morrison has called for more to be done in one area to deal with the pandemic in a major speech tonight.
New rules as Australia faces meat shortage
Coles has introduced limits on some major food items as the Covid-19 supply chain crisis bites, with warnings a national meat shortage is just weeks away.
‘Nobody knows’: New blow in shortage crisis
Australia’s supply of urea – an additive used in diesel engines – could run out in weeks, meaning the trucking industry could grind to a halt.
‘They were wrong last year and will be again’
One of Australia’s former top medical experts has hit out at critics calling for more restrictions as cases rise sharply before Christmas.
Australia’s huge money warning
Australian workers’ wages are likely to fall even further in 2022. Here’s why.
New $750 cash payment for Aussies
A new $750-a-week payout has been announced for Australians whose ability to work is affected by the coronavirus pandemic.
Expert calls for Medicare hike on unvaxxed
A leading economist has backed slugging voluntarily un-vaxxed people with a higher Medicare bill due to their “higher burden” on the healthcare system.
‘Step back’: PM’s message to premiers
The Prime Minister has this afternoon sent a strong message about government ‘stepping back’ so people can move forward with their lives.
Why your coffee will cost $1 more
Your morning coffee order could soon cost you significantly more as Australia’s cafes aim to bounce back after Covid-19.
PM’s pledge to fight ‘vile rubbish’ online
The Prime Minister has hit out at the ‘cowardice’ disguised as ‘freedom of speech’ on social media platforms.
‘Freedom day’ for Australia’s most vaxxed city
The Australian city set to become the most vaccinated place in the entire world has exited lockdown.
When life will get ‘back to normal’
There will be a time when the Covid pandemic starts becoming a thing of the past – and experts say it’s sooner than we think … with a catch.
Dan accused of trying to create ‘distraction’
Victorian Premier Daniel Andrews has been lashed by Treasurer Josh Frydenberg who accused him of trying to create a distraction.
The Aussie families in line for a windfall
Some Australian families will enjoy a silver lining from the pain of being in lockdown, with many in line for a tax windfall.
‘Got to happen’: Barnby’s dig at rogue states
Barnaby Joyce has shut down any suggestion of changes to the national reopening plan, insisting states are ‘locked in’ to the vaccination target.
First Aussie state that will be free
With large parts of the country locked down once again, and targets set to open up again, one state is on track to get there first.
Viral business crusader breaks down
Carly Soderstrom went viral in a video attacking lockdowns. Supporters quickly raised $60k for her but a background check revealed problems.
Ferocious global phase as Delta cases surge
The Delta strain’s global surge amid the relaxation of restrictions is causing a ferocious new stage of the pandemic around the world.
He’s ‘jammed you’: Karl’s lockdown dig
The Today show host put the heat on Josh Frydenberg, questioning the Treasurer’s whiplash approach to locked-down Victoria.
‘Remarkable’: Huge job numbers revealed
Australia’s jobless rate is at its lowest point in a decade despite the ongoing Covid crisis, reaching one key target outlined months ago.
Victoria’s fury over NSW support
Victoria has unleashed after NSW received a cash rescue package from the federal government, saying it is ‘double standard’.
Gladys slammed for ‘abject failure’
A business owner has slammed the NSW Premier’s “abject failure” at handling Covid-19 and asked “so what’s the plan Gladys?”.
Grim prediction for Australia’s future
A 40-year projection unveiled by Treasurer Josh Frydenberg has provided a grim view of what post-Covid Australia could look like.
$500 cash bonus for Victorians
Scott Morrison has announced a disaster payment for eligible workers stood down without pay in Victoria – but it comes with strings attached.
Fringe group targets ‘ignorant’ Aussies
The uprising against lockdown led to wild scenes in Melbourne as a new group denying Covid-19 took aim at “mindless, ignorant” Australians.
Leigh Sales fumes in TV interview
Leigh Sales has ripped into Health Minister Greg Hunt over the slow vaccine rollout in a night of TV heavily focused on Covid-19.
The Aussies about to take a big income hit
About eight million Australians will be worse off when tax changes come into effect this year — find out if you are one of them.
Leigh Sales identifies huge problem
One assumption at the heart of the federal budget underpins everything else. If it’s wrong, Australia’s economic recovery could be derailed.
How India travel ban could backfire
Australia’s tough travel ban on India is meant to protect our healthcare system, but an expert has warned it could have unintended consequences.
‘Red hot’: Australia’s $30bn boost
Australia’s economic recovery from COVID-19 is ‘red hot’ and will boost the budget bottom line significantly, a leading economist says.
Grim global milestone reached
The global COVID-19 death toll passed a devastating milestone on Saturday as the pandemic continues to accelerate worldwide.
Why your weekly shop could skyrocket
Your supermarket shop could be about to cost you a whole lot more, after Aussie farmers issued a worrying threat.
Huge cost of China’s war on Australia
The dramatic impact of China’s ban on one Australian product has been revealed – and it highlights the pain Beijing can inflict on us.
‘Abandoned’: Anger as business lifeline ends
A key lifeline during the coronavirus pandemic has ended as thousands of businesses in Greater Brisbane prepare to enter a three-day lockdown.
Poll reveals fears for Melbourne’s future
A news.com.au poll reveals most people think Melbourne has been “permanently” altered after three separate lockdowns for COVID-19.
Millions of Aussies to pocket $250
Millions of Aussies are set to receive $250 as the government looks to accelerate Australia’s economic recovery from COVID-19.
‘Petty’: Frydenberg slams Palaszczuk
Queensland Premier Annastacia Palaszczuk has been accused of ‘grandstanding and petty politicking’ as a spat over JobKeeper erupts.
JobMaker ‘an incentive to fire workers’
Bosses have been given an incentive to fire workers and replace them with younger, cheaper replacements under a new scheme, Labor says.
‘A joke’: UK hotel quarantine slammed
The first guests in the UK’s hotel quarantine program have complained about no books and open toilet seats. But there may be more fatal flaws.
‘Heavyweight fight’: Albo draws battlelines
The first battlelines of the federal election have been drawn, with Anthony Albanese promising a ‘heavyweight title fight’ with Scott Morrison over workers’ rights.
Threat to Aussie vaccine supply
Australia’s vaccine supply could be caught up in brawls between the European Union and drug manufacturers. So, can Aussies rely on a supply?
ScoMo’s cheesy entrance music
Australia’s daggy dad prime minister showed his maverick spirit today — not by what he said but by what was heard before he arrived.
Potential boost for COVID-hit sector
One of Australia’s hardest-hit sectors could receive a boost as the government flags plans for more support after JobKeeper ends next month.
Labor says $40-a-day JobSeeker ‘unfair’
Labor will wait to see what’s on the government’s agenda before revealing its own plan for JobSeeker but says $40 a day isn’t enough.
Dead people signed up to JobKeeper
The JobKeeper $1500 payment has been hit by fraud, after reports dead people and criminals have been signed up by dodgy employers.
‘Catastrophic’: Airports beg for help
Australia’s airports are begging for life support to be extended after a ‘catastrophic’ hit from COVID-19, but the government wants them to stand on their own.
Premier calls for new island travel bubble
Australia’s top health chief shut down prospects of widespread overseas travel this year, but the NSW Premier has another opinion.
‘Do your job’: Dan Andrews blasted
A Morrison government Minister has laid into Dan Andrews, calling him to stop dragging his feet on an issue vital to the economy.
No international travel until 2022
Australia’s top health chief has dashed hopes that the rollout of the vaccine will allow people to travel overseas this year as borders stay closed.
ScoMo plans to travel to COVID-hit UK
Scott Morrison intends to travel to the COVID-ravaged UK in June, after receiving an invite to the G7 by Boris Johnson.
How much Aussies have in savings
New figures show how much Australian households and businesses have in savings, as the federal government prepares to unwind Jobkeeper.
Big change for northern beaches
Sydney’s northern beaches have been reclassified as the region emerges from a virus cluster that prompted a pre-Christmas lockdown.
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Aussie move likely to anger China
Australia has risked angering Beijing even further by lashing mass arrests in Hong Kong as an attempt to ‘eliminate dissent’, but an ally was notably absent.
China’s warning: ‘Writing is on the wall’
Beijing says confronting China has become a ‘new political correctness’ in Australia and warns ‘the writing is on the wall’.
‘Beyond belief’: Albo blasts ScoMo’s call
Anthony Albanese has ripped into Scott Morrison, saying he ‘doesn’t believe in accountability and doesn’t believe in taking responsibility’.
PM weighs in on NSW outbreak
Scott Morrison says there’s no reason to worry about a COVID-19 outbreak in New South Wales, after the state confirmed another three cases.
Luxury Aussie fashion brand collapses
After a string of retail collapses this year, another Australian company has gone bust amid the COVID-19 economic recession.
$1b boost to fix ‘neglect’ in aged care sector
The government has injected another $1b into the aged care sector after a special report found waiting lists for home care packages were ‘neglect’.
Boost for farmers forced to destroy crops
An influx of seasonal workers to save COVID-hit farms could be on the way after measures were agreed to help them bypass quarantine.
Plea for Kiwis to work in Australia
Regional sectors smashed by coronavirus have received a boost, with the government urging Kiwis to fill temporary vacancies this summer.
What’s next in China’s firing line
The government has been warned to expect a financial hit of more than $1b, with China sanctions set to target two more key industries.
China hits Aussie lamb with sanctions
Australia is ‘increasingly concerned’ by targeted Chinese trade attacks as two lamb exporters are barred from the Chinese market.
China accuses Australia of hypocrisy
Beijing’s mouthpiece has launched its latest assault on Canberra, this time over laws that could see Chinese human rights abusers banned from entry.
DFAT accused of ‘cooking books’
Stranded Aussies claim DFAT removed them from a list declaring their desire to come home, prompting accusations of ‘cooking the books’.
US vows to stand with Oz against China
Australia can count on the support of an incoming Joe Biden regime as it faces threats of ‘lasting punishment’ from Beijing.
Qantas ‘threw workers to the kerb’
Qantas has been accused of using COVID-19 as cover to sack thousands of Australian workers and replace them with cheap labour from overseas.
Original URL: https://www.news.com.au/world/coronavirus/economy