Global economy moves towards shutdown

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Following Peter Dutton’s illness, the hoped for Government response arrived on the weekend, via ABC:

Anyone arriving in Australia from overseas will be forced to self-isolate for 14 days, while lockdown measures similar to those in place in European countries remain on the table.

The new travel measures, designed to help the Federal Government deal with the coronavirus outbreak, came into effect from midnight AEDT after being announced by Prime Minister Scott Morrison on Sunday morning.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.