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March 16, 2020 22: 51:11
The Australian stock exchange has actually suffered its most significant one-day drop since the 1987 share market crash, as Prime Minister Scott Morrison calls for calm and travel restrictions to combat the COVID-19 pandemic entered effect.
This story is routinely updated. You can likewise stay informed with the latest episode of the Coronacast podcast
Monday’s essential moments
- Coronavirus state of emergency situation declared
- Scott Morrison considering further economic steps as coronavirus worries mount
- ASX loses $100 billion in the middle of coronavirus worries
- United States Federal Reserve cuts rates of interest to near no
- Guy who recently checked out Hamilton Island tests positive for coronavirus
- Bluesfest cancelled for 2020
- A-League and W-League video games to continue behind closed doors
- ACT records 2nd case of COVID-19
- Seventh coronavirus case in Tasmania as schools execute social distancing
Anzac Day commemorations cancelled in many states
The RSL branches throughout Victoria, NSW, Tasmania, Queensland and Western Australia have cancelled some Anzac Day events.
While some dawn services will still proceed, members of the general public have been asked not to go to.
The relocation, which comes more than a month out from the services, has actually been made to try and restrict the spread of coronavirus and to safeguard older veterans
” On April 25, when you can’t go to a local dawn service, the RSL is asking that rather you tune in via radio, social media or television and take a minute to reflect on the service and sacrifice of our veterans and those who are still serving today,” RSL Victoria state president Dr Robert Webster said.
The Australian War Memorial is yet to make a final decision, however said it would act upon the health suggestions of the ACT and federal governments.
Grocery stores to bring in more personnel, special shopping times to deal with panic-buyers
Things have, sometimes, end up being nasty in some supermarkets as buyers hurried to hoard items over worries of lacks.
The coronavirus pandemic has lead to panic-buying and scuffles in the aisles so today Coles and Woolworths are opening exclusively for the elderly and those with a disability for one hour each early morning
” We know a lot of our senior clients have actually been missing out on vital products when they shop,” Woolworths Grocery stores managing director Claire Peters stated.
” This short-lived procedure will provide, and those with a special needs, the opportunity to shop prior to our stores formally open– assisting them obtain the vital products they require most in a less congested environment.”
Coles is also employing an extra 5,000 casual workers.
Boarding schools could become ‘like cruise liner’
Some parents with children in boarding schools have actually been told to expect a call to bring them home to prevent a “cruise ship-like” scenario, Association of Independent Schools of NSW president Geoff Newcombe says.
The school names have actually not been revealed as last preparations for remote schooling are still underway and moms and dads are yet to be notified.
However, the ABC comprehends a number of independent schools throughout Australia– up until now, as many as 10– will call parents on Monday night or Tuesday morning to tell them they are sending students house to start remote knowing,