Tag Archives: economy

What the economic shutdown means for Australian workers: will this be Australia’s highest unemployment rate since 1932?

By Noha Tsor With the shutdown of non-essential services, and more extreme social distancing regulations being implemented as the days progress, Australia is undoubtedly heading towards its first recession in 28 years. As Sydney Morning Herald’s Economist Editor, Ross Gittins labels it; “coronacession”. Perhaps the most adverse impact of this …

Read More »

When Boom Becomes Distant Rumble

Since Resources Minister Martin Ferguson announced the end of the resources boom, there has been widespread speculation as to what this means for Australia’s future economic prospects. “It’s about time Tony Abbott stopped talking down Australia, both at home and internationally, and recognised how well placed we are. Like, you’ve …

Read More »