The Australian government has ordered a partial shutdown of non-essential services from 12 p.m Monday 23/03/2020 to curb the advance of the Coronavirus. Hundreds of thousands of workers in the hospitality and tourism sectors have been made redundant in the matter overnight, which likely will create spillover effects to other sectors of the economy. However, on the bright side, the government has implemented big and bold policies to assist businesses and workers going through these trying times. We take a look at some of these points.
Viewing entries in
finance