coronavirus

A Message from the President – Survive or Thrive

Broome Chamber of Commerce & Industry July 17, 2020July 17, 2020Blog, Newsbroome, business, chamber, confidence, coronavirus, covid-19, economic, stimulis Leave a comment

Unless a vaccine is found very soon, the 2020 Year of COVID-19 could well turn out to be the first of several years where COVID-19 continues to impact our lives and our businesses. If so, we will have to learn to adapt and live with this virus for some time. Multiple regions, like Victoria, and many countries are experiencing a type of second wave as they emerge from hard lockdowns which have already severely impacted jobs, businesses and the economies. … Continue reading “A Message from the President – Survive or Thrive”

Let’s break it down – the Second Economic Stimulus Package in response to Coronavirus COVID-19

Broome Chamber of Commerce & Industry March 23, 2020March 23, 2020Blogcoronavirus, covid-19, economic, second, stimulus Leave a comment

Yesterday, Prime Minister Scott Morrison and Treasurer Josh Frydenberg announced an additional $66.1 billion in the second stimulus spending package to cushion the effects of the Covid-19 pandemic on the economy. This measure, combined with the first $17.6 billion package and the $90 billion and $15 billion injected into the financial system by the Reserve Bank of Australia and Government respectively, cumulates to $189 billion or 9.7 per cent of GDP in total stimulus. The four main objectives still hold: … Continue reading “Let’s break it down – the Second Economic Stimulus Package in response to Coronavirus COVID-19”