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abc730 Profile picture
@abc730
Apr 7, 2020 • 9 tweets • 7 min read • Read on X
The #Covid19 pandemic has shut down businesses across the country, resulting in a staggering number of Australians being stood down or laid off. The Government estimates that up to 6 million Australians will require some form of assistance. #abc730 @carringtonAU #coronavirus
It is estimated that 1 million Australians have been stood down or lost their jobs due to the pandemic. But some economists think the full impact could be even worse. #abc730 #coronavirus
“We think there's at least 2 million jobs that are directly at risk. These are jobs that are in sectors like retail, in food and beverage service, cafes and restaurants. Also things like gambling, which has been impacted by the shutdowns.” - Carlos Cacho, @UBS economist. #abc730
Caroline Disney was among 200 @TigerairAU pilots who lost their job. “It was literally like having a kick in the guts. It really was, felt quite sick. The timing of it was quite stressful, but also just the devastating loss because I truly love that job.” #abc730 #COVID19Aus
“I just don't know what's going to happen. I'll count myself very fortunate to get any job at all at the end of this because there will be so many of us looking.” - Former @TigerairAU pilot Caroline Disney. #abc730 #COVID19Aus #coronavirusaustralia
“It's certainly a lot worse than the GFC. The GFC only saw unemployment rise 2% from about 4% to 6%. Now we're expecting unemployment to rise from around 5% to around 10% in the next couple of months.” - Carlos Cacho, @UBS economist. #abc730 #COVID19Aus
“You'd have to go back to around the Great Depression to see a similar fall in overall economic activity to the one that we're expecting to see in the coming three to four months.” - Carlos Cacho, @UBS economist. #abc730 #COVID19Aus
After 21 years in business Tracey Flanagan has been forced to shut her jewellery shop and stand down her two staff. “I closed the shop two weeks ago, but I knew for probably two weeks or four weeks before that, that it was inevitable that was going to happen.” #abc730 #COVID19Aus
“The JobKeeper payment is certainly a big step in the right direction. We think it's going to help but we don't think it's going to stop the rise in unemployment completely.” - Carlos Cacho, @UBS economist. #abc730 #COVID19Aus

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More from @abc730

abc730 Profile picture
Jan 30, 2023
More than three decades after terrorists brought down an American airliner over Lockerbie in Scotland, families who lost loved ones are finally hoping to see justice. #abc730

abc.net.au/news/2023-01-3…
“The idea that they were coming home for Christmas and were blown out of the sky and took minutes to fall to earth … you couldn’t sleep when you thought about that.” – Bill Barr, former US Attorney-General #abc730
“It was very rewarding for me personally to be able to bring those additional charges. For me, it was finishing a job that I had started.” – Bill Barr, former US Attorney-General #abc730
Read 4 tweets
abc730 Profile picture
Jan 30, 2023
Tech billionaire @billgates is one of the best-known figures on the planet, responsible for decades of philanthropy targeting poverty, disease, infant mortality and more recently COVID-19. He spoke to @FergusonNews. #abc730
"I think Australia will be able to export green hydrogen and other clean products. It is certainly a country where the opportunity in a green economy is greater than it has been in the past." – @billgates #abc730
"The cost to be ready for the next pandemic is a rounding error compared to what it takes to re-tool the modern economy to solve climate change." – @billgates #abc730
Read 9 tweets
abc730 Profile picture
Jan 23, 2023
The days of being swamped with politicians talking about COVID already seem like a long time ago. But the virus continues to run rampant, making a lot of Australians sick and killing many, even if we don't seem to be talking about it publicly as much. #abc730
Joining @latingle in the studio to discuss the nation’s latest COVID strategy are @CrabbBrendan, @nadahamad, and @RDNS_TAI. #abc730
"The current approach to COVID in Australia is to let it run in a so-called healthy population — that means unfettered transmission largely in the wider population while trying to protect those who are deemed vulnerable ... It is clearly not working." – @CrabbBrendan #abc730
Read 12 tweets
abc730 Profile picture
Jan 23, 2023
Nearly 18 months after unveiling the AUKUS agreement, the federal government is preparing to announce exactly how it plans on acquiring nuclear-powered submarines. North American correspondent @jademacmillan1 spoke to members of Congress about the path ahead. #abc730
“If AUKUS really works the way it should, there should be contribution into this program from the UK and Australia. And I think that shows that, you know, that’s a force multiplier that can really help take on the larger demand.” – Rep. Joe Courtney, Democrat #abc730
“I think you will definitely see Australians on board US submarines training, for example. Whether we get straight to the point of there’s a combined and integrated Australian and US crew on a US submarine, that will be interesting to see.” – Mark Watson, ASPI #abc730
Read 4 tweets
abc730 Profile picture
Dec 21, 2022
A referendum on an Indigenous Voice to Parliament will be one of the biggest issues confronting the country next year. @latingle spoke to @mdavisqlder about what the Voice can be, and why she remains optimistic about its future. #abc730
"I think one of the reasons the Voice became the primary focus of Indigenous constitutional recognition is that we actually don't have much input at all into laws and policies that are made about our lives and our communities." – @mdavisqlder #abc730
"There's a lot of noise and it happens in a lot of policy areas in Australia. There's a lot of noise and a lot of advisory committees. There's a lot of talk. There's a lot of reports but there's no coordination. There's no coherency." – @mdavisqlder #abc730
Read 8 tweets
abc730 Profile picture
Dec 21, 2022
Tasmanians have long wanted their own AFL team, and they’re closer than ever to getting one. But the AFL has made it clear a local team is contingent on the island state building a brand new stadium. #abc730
“Just about everyone I speak to shares my view that it would be unconscionable to spend that sort of money at a time that the state has so many other challenges.” – Andrew Wilkie, Independent MHR #abc730
“This is a huge opportunity for all Tasmanians and can I say, that these are the investments, this is the type of vision, this is the type of commitment that we all need to embrace.” – Jeremy Rockliff, Premier #abc730
Read 5 tweets

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