Litres of free beer headed to pubs
Outback pubs and clubs are set to open their doors for the first time and the beer tab will be picked up by one of Queensland’s best breweries.
Economy
Surprise prediction for property prices
An expert known for calling real estate booms has tipped what’s going to happen to property markets amid the coronavirus crisis.
Growing fears of China milk ban
There are growing fears of a trade war with China, as Beijing once again lashes out at Australia for pursuing a COVID-19 probe.
‘Trade war’: China bans Australian meat
China’s suspension of meat imports from Australian abattoirs amid rising tensions with Beijing signals the start of a “trade war”, one expert says.
Treasurer’s second coughing fit in a week
Josh Frydenberg gave a key speech on the economic impact of the COVID-19 crisis – but all anyone noticed was his “worrying” cough.
‘It should go’: Calls to end JobKeeper
Liberal MPs are urging Prime Minister Scott Morrison to “turn off” the JobKeeper $1500 payment when children return to school.
Beautician’s X-rated career change
A Queensland beautician saw her income disappear overnight when virus restrictions came in. Now she’s making almost $1000 a week.
Massive Budget deficits forecast
Deloitte is forecasting massive budget deficits over the next few years and a slump in economic growth as a result of the coronavirus pandemic.
Aussies are saving up to $12m a day
It’s an unexpected silver lining of the COVID-19 pandemic — Aussies are saving roughly $12 million a day by avoiding public transport costs.
‘Hard to do sex work from 1.5m away’
Sex workers are concerned the Government has no plans to let them get back to one-on-one work as lockdown restrictions ease. Warning: GRAPHIC.
Nation’s ‘arrogant’ virus response
Sweden’s response to the coronavirus pandemic has caused much controversy with pubs and restaurants still open. This is what life is like there.
‘Not business as usual’: Shoppers warned
Social distancing became impossible to follow yesterday after shoppers packed out shopping centres to get a Mother’s Day gift.
‘Eating ramen’: US jobless rate soars
Unemployment in the US hasn’t been this bad since the Great Depression, with laid-off workers struggling to make ends meet.
Aussie city that could suffer post-COVID
All our cities are set to feel pain as tourists, students and migrant numbers drop massively. But one Australian city will suffer the worst.
Massive cost of pandemic on families
The number of loans being deferred continues to roll on with a total of more than $200 billion now pushed back.
Graph points to ‘unprecedented’ collapse
Thousands of Aussies are out of work – now new data warns things are about to get much worse. And one group will suffer more than others.
‘We’ll do it again’: Trump vows rebuild
Donald Trump says “we built the greatest economy the world has ever seen and we’ll do it again” as he pushes states to end coronavirus lockdowns.
How pubs will change when they re-open
Punters will change how they order their beer and chicken parma as part of suggested measures to get pubs and hotels open again.
Myer opens stores in two states
An easing in social distancing restrictions has allowed the department store to begin planning for post-pandemic operations.
Embattled airline announces big job losses
Virgin Atlantic and Virgin Holidays will cut thousands of jobs, raising questions about what will happen to Australian workers.
Westpac profit plunges 70 per cent
The major bank joined rival ANZ in cutting its payout to shareholders as the deadly virus slashed its cash profit by nearly $1 billion.
Meatworks cluster ‘sign of things to come’
A serious outbreak of coronavirus at a meatworks in Melbourne is inevitably a sign of things to come, the Chief Medical Officer has warned.
New curve we need to flatten
Australia has successfully managed the health challenges of the coronavirus pandemic, but now a new and significant curve confronts the country.
Huge cost of shutting down schools
Prime Minister Scott Morrison has revealed the huge economic cost of the school shutdown as he warns re-opening schools is crucial.
‘Too ambitious’: Ardern defends ‘bubble’
Reopening travel between New Zealand and Australia may be announced today, but there are concerns we may be opening borders too soon.
Qantas extend flights cancellations
Qantas has announced it will be extending the suspension of domestic flights until the end of June, and international flights even longer.
Hanson: ‘Decades of being called racist’
Pauline Hanson has claimed vindication for “decades of being labelled racist” after what she’s calling a “stunning backflip” from the Labor Party.
‘Not happy’: Aldi receipt causes huge divide
We’re all tightening our belts to survive the global pandemic, leading one mum to discover an Aldi charge she had no idea about.
Luxury item Aussies are snapping up
As we continue to spend time indoors, there’s been an unexpected demand for one homewares item that Aussies have been buying big on.
What if the recovery is not V-shaped?
Australia is predicted to see an economic bounce back in 2021 but what will happen if the V-shaped recovery decides to take the form of an L instead?
Original URL: https://www.news.com.au/world/coronavirus/economy/page/10