This week, James and Anthony look at Woolworths’ week from hell, navigate the latest turbulence at Qantas and Virgin, and try to answer why builders are going bust amid crazy demand for housing.
When Bonza’s chief executive Tim Jordan launched Kazakhstan’s first low-cost airline FlyArystan in 2019 he upset the local taxi drivers by charging lower fares than an alternative six-hour road trip to a regional centre. With fares starting at US$13 it is little wonder and within 10 months of launching with just two planes, the airline […]
Australia’s delayed vaccine rollout could cost the economy $1.4 billion, according to economists Bianca Healey
Economists at Australian think tank The McKell Institute say Australia’s delayed vaccination program could cost the Australian economy over $1 billion.
A new report reveals that failing to speed up Australia’s vaccination rollout will increase the risk of new COVID-19 outbreaks and snap lockdowns, with significant economic consequences.
“These delays will increase the chance of lockdowns and the economic costs that come with them,” The McKell Institute s executive director Michael Buckland said.
Any further delays to Australia’s already waylaid vaccination program could cost the Australian economy $1.4 billion, according to economists.