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  • Sun. Nov 24th, 2024

The bottom lines from Scott Morrison’s latest coronavirus update

The bottom lines from Scott Morrison’s latest coronavirus update

For the Prime Minister, Tuesday was all about the economy.

It was the main focus of Scott Morrison’s interview following the National Cabinet conference.

More than a million Australians need to get back to their jobs, Mr Morrison said.

While tough coronavirus restrictions have actually saved countless lives, he said the country was now in a position to begin clawing back a few of the $4 billion lost each week that constraints continued.

There was talk of the so-called “travel bubble” with New Zealand, changes to work environments and the hit the economy was anticipated to take.

Here are the bottom lines from the press conference.

Returning to work

A crowded outdoor train station with people getting off and on of trains. Others talk and look at phones.

Chief Medical Officer Professor Brendan Murphy states your work commute won’t look like this whenever quickly.( ABC RN: Nick Wiggins)

The economic forecasts revealed by Mr Morrison paint a grim picture of the months ahead.

There are presently 5 million individuals on JobKeeper payments, a million people have had claims processed for JobSeeker payments and another million people are accessing their very early.

It might have been much even worse if coronavirus had actually not been included, but at this stage Australia is anticipated to see an 11 percent drop in gdp by the middle of the year.

About 708,000 tasks are approximated to be either lost or hit by restrictions, with the hospitality sector anticipated to feel the most impact.

Mr Morrison broke down some of the estimated task losses that would happen with such a huge drop in GDP.

The hospitality sector w

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