Australian Economy

Goldman with the note.

NSW Health has reported another 19 new COVID infections over the past 24 hours, taking the total local case count to 149: NSW recorded 19 new locally acquired cases of COVID-19 in the 24 hours to 8pm last night.

As we know, the The Australian Treasury’s latest Intergenerational Report (IGR) is being used by Treasurer Josh Frydenberg as an excuse to ramp-up immigration: Our population is growing slower and ageing faster than expected… Over the last 12 months which has seen population growth at just 0.1 per cent, the lowest in 100 years.

QLD has stepped up pressure on the Morrison Government to fund and build dedicated quarantine facilities to relieve pressure on the failing hotel quarantine system.

The Australian. Seriously, check out the below headline relating to today’s Intergenerational Report (IGR), which will be released by Treasurer Josh Frydenberg this afternoon: Australia’s current population, according to the Australian Bureau of Statistics (ABS), is 25.7 million.

NSW’s COVID outbreak has climbed to 130 active cases after another 18 new infections were recorded overnight: NSW recorded 18 new locally acquired cases of #COVID19 in the 24 hours to 8pm last night.

Australia’s tourism industry cannot win a break.

Regional migration is at its highest since 2018, according to a report by the Commonwealth Bank and the Regional Australia Institute, with regional migration up 7% cent in the March quarter when compared to the same period in 2020.

Treasurer Josh Frydenberg will use today’s Intergenerational Report (IGR) as ammunition to reopen the mass immigration floodgates, according to The AFR: “Australia will be mired in debt and deficit for at least the next 40 years unless it boosts skilled migration, workforce participation and productivity”.

It has only taken four hard lockdowns totalling 23 weeks and more than 700 deaths, but the federal government has finally approved the construction of a $200 million quarantine facility on federal land at Mickleham in northern Melbourne.

NSW health has reported 22 new locally acquired COVID cases: 11 in the 24 hours to 8pm last night and another 17 after the cut-off: NSW recorded 11 locally acquired cases of COVID-19 in the 24 hours to 8pm last night, six of which were announced Thursday morning.

The Morrison Government has signaled loud and clear that it will ramp-up ‘skilled’ migration at the earliest opportunity.

NSW recorded 11 new COVID-19 cases yesterday, with all but one of them linked to a known source.

Yesterday’s speech by RBA assistant governor Luci Ellis included the below chart showing that the shift to remote work is likely to be permanent; albeit lower than current rates: The share of businesses with remote working arrangements increased notably following the onset of the pandemic.

NSW Health has released today’s COVID figures with another 18 locally acquired cases recorded, 13 of which were already announced yesterday morning: NSW recorded 18 locally acquired cases of COVID-19 in the 24 hours to 8pm last night, 13 of which were already announced yesterday morning.