I don’t want to downplay the seriousness of the coronavirus know as COVID-19, nor suggest that the economic impact won’t be severe. However, there is plenty of negative and sensational media you can consume around the virus and instead, I choose to write about some of the positives. They say that conflict breeds innovation, that
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Due to the recent coronavirus pandemic sweeping the globe, James Hall reports that the Australian dollar has just hit a record low of 55 US cents – its lowest value in 18 years. In addition, the emergency interest rate was reduced to 0.25 percent by the Reserve Bank of Australia (RBA), which was a pending decision previously
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As the government has tightened restrictions on mass gatherings from 500 to 100 people and emphasised the importance of social distancing, many people have been left feeling confused and anxious with exemptions including public transport, schools, and workplaces, just to name a few. Yet an increasing number of institutions seem to be taking it upon
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As a sombre storyline attached to the global outbreak of COVID-19, it has become inevitable that the services industry has been decimated, most evidenced by Qantas’ decision to stand down 20,000 of its workforce, and others will follow. The Qantas decision comes after yesterday’s national address from Prime Minister Scott Morrison who forewarned Australia that
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With news that the COVID-19 virus has shut down more than 20,000 events worldwide, locked many people indoors, and caused a sell down in most commodity markets – it’s a near certainty that we will see recessionary economic growth levels for Q1 and Q2 2020. This is causing share prices to fall at a rate
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As coronavirus fears continue to grip the global economy, send markets deep into the red and see a global shutdown of mass gatherings, technology will play a vital role in keeping the world interconnected, whilst in isolation. Panic buying has sent demand for healthcare products rocketing, leading to strong gains from medical product manufacturers but
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