Qantas stand down 20,000 employees till end of May
So we have five miniature Italys then? The transfer mechanism seems to be working the same here as Italy...the same initial case load and the same early growth rates.
“They will have to implement "helicopter money" to bail out the general population, rather than just for the bankers in the GFC. To be honest, there is no other option except the abyss.”
Bailing out the bankers in the GFC is what put us in this predicament today!!!!!!
The previous economic regime has not been replaced, just put on QE life support.
Our “leaders” are in a world of s#$& and yes they will probably be turning the country into one giant welfare scheme in order to survive.
But by deploying the helicopters they will be creating inflationary problems they can not deal with either.
There is no good news here, they really are stuck between a rock and a hard on!
And I have to say, this was totally predictable.
Bailing out the bankers in the GFC is what put us in this predicament today!!!!!!
The previous economic regime has not been replaced, just put on QE life support.
Our “leaders” are in a world of s#$& and yes they will probably be turning the country into one giant welfare scheme in order to survive.
But by deploying the helicopters they will be creating inflationary problems they can not deal with either.
There is no good news here, they really are stuck between a rock and a hard on!
And I have to say, this was totally predictable.
Government has just announced all non essential domestic travel must be cancelled. Only work related travel should remain.
It’s pretty obvious now nationalisation of the entire sector is the only way it can go.
It’s pretty obvious now nationalisation of the entire sector is the only way it can go.
A lot of news is going to come out today, now and late this evening. I would expect state borders closed within the next 72hrs.
$10,000 early Super access this FY and next FY if you are in financial stress, just announced. Tax free.
Get the Forces out of their camps and into the community stopping moronic Australians flouting the rules. People jumping the barriers at Bondi this morning. Lock them up.
$10,000 early Super access this FY and next FY if you are in financial stress, just announced. Tax free.
Get the Forces out of their camps and into the community stopping moronic Australians flouting the rules. People jumping the barriers at Bondi this morning. Lock them up.
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A lot of news is going to come out today, now and late this evening. I would expect state borders closed within the next 72hrs.
$10,000 early Super access this FY and next FY if you are in financial stress, just announced. Tax free.
Get the Forces out of their camps and into the community stopping moronic Australians flouting the rules. People jumping the barriers at Bondi this morning. Lock them up.
$10,000 early Super access this FY and next FY if you are in financial stress, just announced. Tax free.
Get the Forces out of their camps and into the community stopping moronic Australians flouting the rules. People jumping the barriers at Bondi this morning. Lock them up.
A lot of news is going to come out today, now and late this evening. I would expect state borders closed within the next 72hrs.
$10,000 early Super access this FY and next FY if you are in financial stress, just announced. Tax free.
Get the Forces out of their camps and into the community stopping moronic Australians flouting the rules. People jumping the barriers at Bondi this morning. Lock them up.
$10,000 early Super access this FY and next FY if you are in financial stress, just announced. Tax free.
Get the Forces out of their camps and into the community stopping moronic Australians flouting the rules. People jumping the barriers at Bondi this morning. Lock them up.
This is the step before lockdowns.
so closures next week, lockdowns around 10 days later. Maybe a week , maybe 2 weeks but shortly.
You can work out the effects on the remaining domestic airline industry. Shutdown.
I think it almost certain that “basically” all domestic travel with banned.
There has to be large and equal assistance from the government. Both airlines are being prevented from trading (and understandably).
but this is not their doing, Aviation is and will be and essential service, plus between the 2 there are nearly 50k jobs. Neither will survive without assistance no matter what anyone says.
There has to be large and equal assistance from the government. Both airlines are being prevented from trading (and understandably).
but this is not their doing, Aviation is and will be and essential service, plus between the 2 there are nearly 50k jobs. Neither will survive without assistance no matter what anyone says.
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On the Easter weekend, approximately 25 people are going to die on the roads. We know this. It happens every Easter Long Weekend. We must preserve all life, at any cost. Therefore I demand that during this time, use of any road for driving of any wheeled vehicle (including bicycles) be prohibited. Even walking across a road should be outlawed and made a punishable offense. It will be mandatory to sit on your couch and not move. Anyone caught outside their house should be immediately arrested and taken to the nearest police cell for their own safety and remain there for 2 weeks. If that sounds like a silly idea, we have decimated our economy and vaporised hundreds of thousands of jobs,............ for 6 deaths. Should not a possible 25 deaths in 4 days, that we can accurately predict, trigger far more draconian measures?????
Somewhere between 3- 8% of people who contract the virus will die. The measures happening globally are to prevent the spread. The more people come into contact with it = the more infections. The more infections, the more deaths. If 50% of the world are infected (say 3.8 billion) and 5% die, that is a hell of a lot of people, maybe 2.5% of the global population. The table below shows a comparison between the deaths in Italy and the UK. Bear in mind the peak death rate for the UK is predicted for May, two months time.
Spain are about a week behind the Italian figures, Greece is just ramping up to UK levels. This is going to get worse, largely because Joe Public can't/won't heed the advice they are being given
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As a former teacher in a previous life, it would be interesting to see whether teachers get full pay when schools are shut, or whether they are asked to take annual leave or leave without pay or half pay, as per what's happening in other affected industries.
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And coal. That’s about it. Farms are shutting down or selling out (Cubby station). Lots of beef export at the moment ONLY because farmers, who have kept their best stock until last, are selling those cattle to oversees buyers and then walking away from their farms. There has been underlying wild economical problems for a long time. COVID-19 is the match that has lit the fuse of a global meltdown. We will not have a recession as we are already in a recession. We will have a depression. People just don’t realise how bad this is going to get. Forgot the jobs, they are done for. They are not coming back. The world has entered a chapter in history greater than 1919. This has and will change the world as we have known it for the past century.
A lot of news is going to come out today, now and late this evening. I would expect state borders closed within the next 72hrs.
$10,000 early Super access this FY and next FY if you are in financial stress, just announced. Tax free.
Get the Forces out of their camps and into the community stopping moronic Australians flouting the rules. People jumping the barriers at Bondi this morning. Lock them up.
$10,000 early Super access this FY and next FY if you are in financial stress, just announced. Tax free.
Get the Forces out of their camps and into the community stopping moronic Australians flouting the rules. People jumping the barriers at Bondi this morning. Lock them up.
of course Tasmania and the NT have already closed their borders and South Australia has just announced it has closed its border from Tuesday.
and that means that anyone coming into the state must self isolate for two weeks.
apologies for my error.
but I expect compulsory home quarantine as per California to be implemented very shortly ..
in addition to my previous post, it seems NSW will go ahead with further closures, read non essential businesses and potentially schools within the next 48 hours regardless of the outcome of tonight’s meeting. In addition to Victoria who are at least going to close schools from tomorrow again regardless of the outcome of tonight’s meeting.
Those of us who can remember 1989 will recall the effect that the lack of air travel had on the entire economy, not just the tourism sector. Airlines are a necessary part of modern life and whilst behind electricity, running water, food delivery and telecommunications, they are still well up on the list. For regional areas they are definitely an essential service.
A period of government administration for the airlines is certainly on the cards. Fares will be regulated and employees terms and conditions laid down rather then negotiated. Expect a skeleton service to be maintained, with pilots rostered simply to maintain recency in anticipation of a gradual ramp up.
The recovery from all this will be similar to that from a major war.
A period of government administration for the airlines is certainly on the cards. Fares will be regulated and employees terms and conditions laid down rather then negotiated. Expect a skeleton service to be maintained, with pilots rostered simply to maintain recency in anticipation of a gradual ramp up.
The recovery from all this will be similar to that from a major war.
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Might be a little more complicated than that, considering some may need to travel interstate or overseas for cyclic OPCs. Are cyclics considered as an essential need to travel?
Isnt it time now for redundancies to be offered,let those employees who are happy to move on do so & for those that want to stay give them the opportunity to share in whatever reduced employment opportunities are left.
Making people take leave is not a solution,it is just a way of causing more uncertainity amongst the employees whose entitlements are now being eroded day by day.
Also may i say whilst a statement along the lines of 'we are taking no pay for the rest of this financial year & possibly longer' makes a great headline it of course fails to say what the renumeration for the financial year to date has been nor the bonuses already paid in the current financial year.
Making people take leave is not a solution,it is just a way of causing more uncertainity amongst the employees whose entitlements are now being eroded day by day.
Also may i say whilst a statement along the lines of 'we are taking no pay for the rest of this financial year & possibly longer' makes a great headline it of course fails to say what the renumeration for the financial year to date has been nor the bonuses already paid in the current financial year.
Last edited by blubak; 22nd Mar 2020 at 03:38. Reason: Error on wording
I was one of them, you can’t walk on the sand but you can walk on the promenade or lie on the grass behind the beach. Why is it that Japan, Singapore and Korea appear to have this under control without decimating their economies. One man I spoke to is laying off 150 staff next week, unemployment will be 20% in no time.
The people in this country do not. Someone just sent me a Photo of Westfield Penrith. It’s busy and people just couldn’t give a ****.
You know the people that mid cyclone in the
far north all rave on at the local drink like heroes, it’s these people that are the problem.
The airlines just need to throw in the towel with Domestic all together. I had 220 up to Cairns the other day. God knows how many had it.