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Australia recorded a surplus of trade in goods and services in March despite the COVID-19 emergency. The balance on goods and services was a surplus of $10,602m in March 2020, an increase of $6,737m on the surplus in February 2020. Credits (exports of goods and services): Goods and services credits rose $5,558m (15%) to $42,417m. Non-rural goods rose $3,540m (15%), non-monetary gold rose $2,474m, rural goods rose $271m (7%) and net exports of goods under merchanting…
Coronavirus Job Losses have been most severe in the Accommodation and food services industries. Latest ABS figures show a drop of around one in three paid jobs in the industry from mid-March to mid-April, according to new data released by the Australian Bureau of Statistics. The Weekly Payroll Jobs and Wages in Australia estimates also showed that between 14 March and 18 April (the five weeks after Australia recorded its 100th confirmed COVID-19 case) total…
Australia Visa Processing has been impacted by the COVID-19 emergency. The Immigration Department is prioritising processing visa applications for those travellers in the exempt categories to support urgent travel. The government encourages applicants to apply online wherever possible, as these applications will be processed faster than those lodged on paper. You will not be able to apply for an ETA online while the travel restrictions are in place. Disruption of services Some services relating to…
COVID-19 emergency is having a continued impact on Australian business and the people they employ. Almost three quarters of Australian businesses (72%) reported that reduced cash flow is expected to have an adverse impact on business over the next two months, according to results from the third Australian Bureau of Statistics (ABS) survey on Business Impacts of COVID-19. ABS Head of Industry Statistics John Shepherd said reduced demand for goods and services was expected to…
Australia Visa rules remain in place with some changes due to the coronavirus emergency. Strict travel restrictions are in place for certain countries due to COVID-19. You should not apply for any visa until you check and comply with the latest government information (below). If you don’t have a visa You can’t come to Australia until you have a visa. Apply for a visa and include proof (such as your marriage certificate, your birth certificate…
Australia economy remains strong and despite the effects of coronavirus the country has maintained its triple A credit rating. Global rating agency Moody’s said that despite the financial hit from the pandemic and costly measures aimed at stopping its spread the Australia Economy and government finances were strong. Forecasters predict the national economy could shrink by almost 5 per cent this year. And Treasury secretary Steven Kennedy warned the economy would be different for many…
Australia is winning the coronavirus battle and has begun to lift restrictions. Since the virus outbreak more than 75 million masks have arrived in Australia, more than 300 public respiratory clinics have opened and 530,000 tests have been conducted. There are 111 Australians in hospital with coronavirus, 43 in intensive care and 27 on ventilators. There were five new cases diagnosed in NSW yesterday, all from known sources. The national death toll is 88. NSW…
Australia is slowly returning to work, school and leisure as restrictions begin to lift across the country. With just 10 new cases of Coronavirus recorded in the past 24 hours schools, beaches and some workplaces are set to return to ‘normal’. Western Australia and Queensland have announced plans to ease their coronavirus restrictions. Western Australians are now allowed to gather in groups of 10 and from this weekend Queenslanders can travel 50km from their home….
Coronavirus in Australia has been reversed and the country has turned a corner in its fight against the COVID-19 pandemic. Prime Minister Scott Morrison announced that Australia was “on the road back,” to some kind of normality, with a fall in new cases and a continuing low death rate. The government says that some restrictions are to be lifted and some elective surgeries like IVF will begin again from next week. Now it’s a case…
Backpackers are welcome In Australia despite the current coronavirus emergency. Backpackers are a key part of the Australian economy, providing vital casual labour on farms and retail outlets across the country. They also generate more than $3 Billion a year for the government. “Australia would be a poorer country without backpackers,” says Darrell Todd of thinkingaustralia.com. “They are a vital component of the economy The Australian Government is offering backpackers a further 18 months to…
