The latest edition of our daily digest of the latest finance news with a distinctively Australian flavour.
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Category: Politics
Australia Shuts Borders
All non-citizen, non-resident travellers will be banned from entering Australia, as the government attempts to get a handle on the coronavirus outbreak.
“We believe it is essential to take a further step to ensure we are now no longer allowing anyone, unless they are a citizen or resident or direct family member,” Scott Morrison said in an address on Thursday afternoon.
The government’s reasoning is that a significant majority of cases are not contracting the virus through community transmission, but by contact with someone who has recently travelled from overseas.
“The reason for this decision is about 80 per cent of the cases we have in Australia are either the result of someone who has contracted the virus overseas or someone who has had a direct contact with someone who has returned from overseas,” he said.
Earlier this week, the government announced all Australians currently overseas should return home immediately, using commercial flights
The Antidote To Bail-In Is Now In Parliament!
The Citizen’s Party Robbie Barwick and I discuss the new legislation which has been introduced into Parliament to ensure bank deposits cannot be bailed-in.
If passed this would be a major coup. You can help.
No “V-Shaped” Recovery Here – With Tarric Brooker
Another chat with Journalist Tarric Brooker covering finance and politics. Tarric uses the handle @AvidCommentator on Twitter.
We discuss the latest economic and political dynamics as the RBA considers a rate cut tomorrow, and central banks around the world seek to support their financial markets. How might this play out?
To Super Tuesday And Beyond…
I discuss the US election, and the Democratic Primaries with American in OZ Salvatore Babones, Associate Professor, University of Sydney and author of the award winning book The New Authoritarianism: Trump, Populism, and the Tyranny of Experts.
https://thenewauthoritarianism.com/
We look at angles the MSM are choosing to avoid.
Freedom In Australia Is Dead
Economist John Adams and Analyst Martin North dissect the Senate Cash Restrictions Bill Report which came out late on Friday.
Democracy just died a little as the two major parties play games behind the scenes. What about the interests of the people?
Australia’s Economic Fuse Is Burning!
The education sector in Australia is highly leveraged towards China.
As a result of the current travel ban their finances are at risk. So they are finding ways around the ban, with the approval of the Government, who is trading off public health against economics. In other words, our health is being put at risk.
I discuss this troubling episode with Salvatore Babones, Adjunct Scholar at the Centre for Independent Studies, and Associate Professor University of Sydney.
Teflon And Titanium – A Tarric Brooker Conversation
We discuss the latest political scene, against the economic backcloth and the spreading virus. Yet the latest poles still give the incumbents plenty of hope. And what of Barnaby?
Titanium Squared – A Tarric Brooker Conversation!
I discuss the latest with Journalist Tarric Brooker, who uses the handle @AvidCommentator on Twitter. .. lots to pick apart…
The Weather Bureau Says Its Been The Hottest Driest Year On Record [Video]
We look at the latest BOM data, and consider the implications in the context of the current politicisation of climate change and bush fires debate.
With the help of an article from the Conversation, we examine some of the underlying issues.