Topic: COVID-19

COVID-19 is an infectious disease caused by the virus strain severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). Worldwide spread of the disease began for the first time in 2019 and has developed into the 2019–20 coronavirus pandemic.

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Record highs for jobs, business conditions, consumer sentiment at 11-year high

According to the monthly NAB survey, business conditions hit a record high in March, underpinned by record highs for trading conditions, profitability and employment. In March Labour Force figures ann...

RBA unmoved as housing market surges

At its meeting this week the RBA acknowledged the strength of Australia’s recovery but decided once again to leave all its major policy settings unchanged and continued to predict no change to t...

Jobs growth is the key to fiscal strategy

Thanks to the coronavirus, future macro policy is inextricably linked to labour market outcomes, writes AICD chief economist Mark Thirlwell.

Business activity robust despite supply chain woes

Australia’s Flash Composite PMI rose to a three-month high in March, indicating the strongest rise in business activity since December last year, while input prices rose at their fastest pace in the (...

Expiry of COVID-19 relief: virtual AGMs, electronic signatures and continuous disclosure

The Government’s Treasury Laws Amendment Bill (2021 Measures No.1), which proposed extending the COVID-19 relief to enable virtual AGMs, electronic signatures for a further six months, and in Schedule...

Australia’s recovery races on as unemployment rate drops to 5.8 per cent

February delivered another excellent result for the labour market with employment up by almost 89,000 people and the unemployment rate plunging by half a percentage point to 5.8 per cent. That left em...

Business confidence highest since 2010, consumer sentiment close behind

The Westpac-Melbourne Institute Consumer Sentiment Index rose to close to a ten-year high in March. February saw NAB’s monthly index of business confidence reach its highest level since early 2010. ...

GDP growth up 3.1 per cent in Q4:2020 while RBA holds line on monetary policy

Australia’s real GDP rose 3.1 per cent over the December 2020 quarter, comfortably beating market expectations, as the economy continued to enjoy a household-led recovery. Despite last week’s bond ma...

To jab or not to jab? The challenges of Australia's COVID-19 vaccination rollout

Directors must decide whether to make the COVID-19 vaccine part of their organisation's risk-minimisation strategy – but there are complex WHS and legal considerations to navigate, writes Christ...

International education sector learns new ways of coping with closed borders

As the world waits for coronavirus restrictions to ease and borders to reopen, educators are finding innovative ways to reach and retain international students.
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