Category Archives: Economics

SUMMARY Arts and Recreation Services have been one of the most disrupted sectors affected by the COVID-19 pandemic so far in 2020. Closure and restrictions have hampered the regular operation and use of cultural and sports venues, including museums, galleries, theatres, gyms and stadiums. According to the latest ABS Payroll Jobs and Wages Index data […]

CONTEXT Retail has been one of the most affected industries during the COVID-19 pandemic. National and statewide restrictions have disrupted the operation of many retail stores as areas have gone into lockdown to prevent the spread of the virus. These restrictions are clearly visible in Victoria’s data as it reentered lockdown in early July. Retail […]

CONTEXT The operations of many businesses have been restricted as a result of pandemic related government policies, as Australia officially entered an economic recession for the first time in nearly 30 years on the 1st of September 2020. Recent ABS data has revealed the Accommodation and Food Services sector recorded the largest contraction in payroll jobs. In […]

“More than one million Australians are now unemployed with the official jobless measure breaking through the seven-figure mark for the first time on record despite an extra 115,000 jobs added in July.” (The Age, 2020) The Covid-19 pandemic has made all of our lives unpredictable. Government policy designed to combat the spread of the virus […]

In his May 14 Sydney Morning Herald article, Shane Wright states “government policies to definitions of employment – cloud the true state of the jobs market”. Wright shows there are many complex considerations to grasping the full effects of the Australian Government’s Corona Virus Disease (COVID-19) driven restrictions, such as the shutdown of services and […]