Coronavirus: The Cost | Q+A
Panellists: Nicki Hutley, Economist, Deloitte Access Economics; Matt Comyn, CEO and Managing Director of Commonwealth Bank; Jennifer Westacott, CEO, Business Council of Australia; Josh Pyke, Singer/songwriter; Michael Sukkar, Assistant Treasurer and Minister for Housing; and Linda Burney, Shadow Minister for Families and Social Services.
With bans on travel and public gatherings now in place, thousands of Australian businesses, jobs and livelihoods have evaporated overnight. The daily heartbreaking queues outside Centrelink tell the story- we are facing a devastating and widespread economic downturn, not seen for generations.
Millions are expected to be plunged into unemployment as a result of the looming recession, so how will we cope? Are the government’s stimulus packages enough? Should laid off workers receive better wage support, and should there be a mortgage and rent freeze? What glimmers of hope exist in the fast-changing economic landscape?
This program was broadcast on Monday, March 30 2020.
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