Google AI
The Times Australia

Times Media Advertising

New OECD estimates suggest a 22% hit to Australia's economy

  • Written by: Brendan Coates, Program Director, Household Finances, Grattan Institute
imageShutterstock

New Organisation for Economic Co-operation and Development estimates paint a grim picture of the direct economic costs of public health measures to contain the spread of COVID-19, and the need for more government support to cushion the blow.

The estimates cover the economic hit to business that rely on face-to-face contact such as...

Read more: New OECD estimates suggest a 22% hit to Australia's economy

Business Times

How Do Excavator Mulcher Attachments Simplify Land Clearing and V…

Land clearing and vegetation management are essential activities across construction, agriculture, forestry, utility maintena...

The Businesses That Win First After A Crisis

When a crisis dominates headlines, most business owners focus on survival. Cash flow becomes king. Expansion plans are po...

Click and collect changes the economics of Australian shopping ce…

Australia’s major supermarkets are transforming consumer behaviour through home delivery and click and collect services, bu...

Technology

Why Australian Enterprises Are Reth…

The corporate landscape in Australia has undergone a permanent structural shift over the past few ...

Local News

QLD Day

On Saturday 6 June, parkrun events across the state will be a sea of maroon, with communities  str...

Culture

A Relationship Expert Reveals the Real Key to…

For a long time, we have romanticised the idea that a strong relationship means finding someone wh...

Travel

Virgin's Northern Territory Sale Puts th…

Australians thinking about a holiday in the Northern Territory have another reason to start planni...

The Times Features

Inflation Falls, But the Cost of Living Still Hurts Aus…

Australia's inflation rate has eased, but for many households the weekly shopping bill, electricit...

House prices: What's really happening in Australia…

For years, Australians became accustomed to one assumption: property prices only went one way. Th...

Opinion: Does Australia have an Opposition ready to gov…

A democracy is judged not only by the quality of its government, but also by the quality of its Op...