Isolate rule to kill airlines and tourism: Flight Centre

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Flight Centre CEO Graham Turner does not expect that self-quarantining people who arrive in Australia will be effective in stopping the coronavirus from spreading, while he warns that it will have a major impact on airlines, tourism and the domestic economy:

Graham Turner said it was an unprecedented decision by the Federal Government to impose a 14-day self-quarantine rule for travellers that he didn’t think would work in containing the coronavirus. But it would have devastating financial consequences for the aviation and travel industry, and serious implications for the Australian economy.

“It’s going to destroy any airline coming into Australia,” Mr Turner said. “It’s going to cause havoc in the Australian economy,

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.