Politics & the Economy

Time for rethink of State Agreements

OPINION: The big changes forced on the mining sector’s FIFO operations is a perfect example of how upheaval in business can present opportunities to improve when the crisis has passed.

Australia told COVID-19 puts credit rating at risk

A major global credit rating agency has put a dampener on the federal parliament's likely passing of a $130 billion stimulus package aimed at supporting the economy through the coronavirus pandemic.

No plan to lift GST post-virus: Treasurer

The Morrison government has ruled out lifting the rate of GST to pay for the billions of spending in its attempt to curb the impact of the coronavirus on the economy.

CMO joins decision makers as pandemic disrupts leaders' ranks

The C-suite just became bigger, with the COVID-19 pandemic throwing another key title into the top end of the corporate and government decision-making – chief medical officer – a role where Western Au

COVID-19 daily wrap: two additional deaths, 10 new cases

WA has recorded two new coronavirus deaths. The federal government has announced a new mandatory code of conduct for landlords. Its $130 billion JobKeeper scheme is expected to pass parliament tomorrow.

Mandatory code to guide commercial rent relief

Landlords will be forced to reduce commercial rents by the same proportion that the tenant’s revenue has fallen due to the COVID-19 outbreak, under a new mandatory code of conduct announced by the federal government today.

Hiring shift shows in CV checks

We are all getting used to having fresh data at our fingertips as we watch the pandemic unfold before our eyes and try to project today's numbers forward by a fortnight, working out the best- and wors

Investors hope historical form guides COVID-19 recovery

While circumstances change and these times are unique, the market will bounce back; always has, always will – the only question is timing.

Code of conduct coming for commercial tenancies

A mandatory code of conduct for commercial leases is expected to be finalised by next week, as federal and state governments continue to work towards a mutually-beneficial solution for landlords and tenants affected by COVID-19.

Stimulus may not stop avalanche of insolvencies

Australia faces an avalanche of insolvencies if small businesses simply defer rent, utilities and financing obligations and hibernate due to the impacts of COVID-19, with federal government stimulus packages announced to date not robust enough to save thousands of SMEs across the country.

COVID-19 daily wrap: Premier announces hard border closure

WA's borders will officially close to the eastern states at midnight on Sunday. Confirmed COVID-19 cases have grown by eight in WA and 244 nationally. The federal government has announced a childcare service support program.

Emergency flights to restart farm exports

Hundreds of emergency flights will send fresh produce to key export markets in a bid to help Australian farmers and fishers under economic pressure due to the coronavirus.

Government urged to widen wage subsidy criteria

Concerns have been raised that eligibility criteria for Prime Minister Scott Morrison’s $130 billion bailout plan for business is too restrictive and many businesses with spiralling revenue projections could miss out, and with Parliament in recess, first payments are unlikely to be available until May at the earliest.

100,000 jobs to go: CCI

About 100,000 Western Australians will lose their jobs as a result of the coronavirus, according to the Chamber of Commerce and Industry of WA, although it is unclear how much the federal government's new JobKeeper payment will reduce the damage.

Border closure coming to stop virus spread

Western Australia will likely be closed to the eastern states by the end of the week, with Premier Mark McGowan shifting to the third stage of the state government’s COVID-19 response.

$130bn wage subsidy scheme revealed

Businesses and non profits suffering big falls in turnover will receive subsidies of up to $1,500 per worker per fortnight under the federal government's new Jobkeeper program, with up to 6 million people to be supported.

Confronting challenges with an eye on the future

Flexibility and clarity are two attributes business leaders need in times of economic upheaval.

Regional travel to be locked down from Tuesday

Western Australians will not be able to travel outside of the regions in which they live from Tuesday, as the state government ramps-up restrictions on movement in its response to the COVID-19 crisis.

Early sign of traction in COVID-19 fight

Movement in major city centres has dropped 80 per cent in the past two weeks, Prime Minister Scott Morrison said today, while flagging development of a policy to hibernate businesses until the COVID-19 pandemic is over.

COVID-19 daily wrap: 26 new cases in WA

Roger Cook has confirmed 231 COVID-19 cases in WA. The state government will fund $3 million to coronavirus-related research. There will be easier access to some prescription medicines. New maternity hospital will be deferred.

COVID-19 daily wrap: Rottnest to quarantine ship passengers

800 cruise ship passengers to be quarantined at Rottnest. WA's COVID-19 cases rise by 30 to 205. Premier Mark McGowan introduces alcohol sale restrictions. Australia's COVID-19 cases rise by 287 to 2,423.