Impact of COVID-19 on Businesses in Western Sydney – WSU Student Projects

We are now six months into the coronavirus pandemic that has changed life as we know it and the economic impact of COVID-19, and its associated shutdowns on the national, state and local economies have begun to be demonstrated. Students of Western Sydney University (WSU) undertaking the 200537 Economics & Finance Engagement Spring Project have … Continue reading Impact of COVID-19 on Businesses in Western Sydney – WSU Student Projects

‘Nowcasting’: New Modelling Shows Australian Cases Declining, but We Can’t Relax Yet

This blog is part of a series relating to the economic and social impacts of the COVID-19, novel coronavirus outbreak of 2020.  Nowcasting, a portmanteau of “now” and “forecasting”, is a method of very short-range forecasting that uses recent data to determine the present and near future and, in some disciplines, the very recent past. … Continue reading ‘Nowcasting’: New Modelling Shows Australian Cases Declining, but We Can’t Relax Yet

Addictive Feedback Loops: Social Media & Gambling during a Pandemic

This blog is part of a series relating to the economic and social impacts of the COVID-19, novel coronavirus outbreak of 2020. As discussed previously, there are a myriad of factors associated with the coronavirus pandemic that negatively impact psychological wellness. While many aspects of this crisis have a clear and direct link to known … Continue reading Addictive Feedback Loops: Social Media & Gambling during a Pandemic

4+ More Weeks of Lockdown Confirmed: Tracing App May Ease Restrictions but Requires Increased Surveillance

This blog is part of a series relating to the economic and social impacts of the COVID-19, novel coronavirus outbreak of 2020. Prime Minister Scott Morrison announced Thursday 16 April that coronavirus restrictions will stay in place for at least four more weeks.  These baseline regulations, including 1.5 metre distances between people, gatherings of no … Continue reading 4+ More Weeks of Lockdown Confirmed: Tracing App May Ease Restrictions but Requires Increased Surveillance

Economics of Faith – Practices around COVID-19

This blog is part of a series relating to the economic impacts of the COVID-19, novel coronavirus outbreak of 2020. Belief and faith are very much part of our culture and also our economy. Many Christians today are observing fasting in preparation for Easter.  Easter is a period when sales of everything chocolate, yellow, bird … Continue reading Economics of Faith – Practices around COVID-19

Australian Government Announces Economic Stimulus package to Address Impacts of COVID-19

This blog is part of a series relating to the economic and social impacts of the COVID-19, novel coronavirus outbreak of 2020. Following the announcement of a $2.4 billion dollar ‘Coronavirus Health Support Package’ detailed in a previous blog the federal government has today announced a further package of measures totalling $17.6 billion dollars. The … Continue reading Australian Government Announces Economic Stimulus package to Address Impacts of COVID-19

COVID-19 is officially a pandemic: What that means and why it isn’t as hopeless as it sounds

This blog is part of a series relating to the economic impacts of the COVID-19, novel coronavirus outbreak of 2020. Dr Tedros Adhanom Ghebreyesus, the Director-General of the World Health Organisation (WHO) (quoted throughout), has officially named the COVID-19 virus a pandemic in a speech delivered late last week. What does this mean? The word … Continue reading COVID-19 is officially a pandemic: What that means and why it isn’t as hopeless as it sounds

Australian Government Response to COVID-19: Announced 11th March 2020

This blog is part of a series relating to the economic impacts of the COVID-19, novel coronavirus outbreak of 2020. On March 11th, the Australian federal government released its ‘Coronavirus Health Support Package’ as a response to the ongoing public health crisis of COVID-19. The package involves a $2.4 billion investment in a range of … Continue reading Australian Government Response to COVID-19: Announced 11th March 2020

Anecdotes of how Australian are responding to COVID-19: Rational?

This blog is part of a series relating to the economic impacts of the COVID-19, novel coronavirus outbreak of 2020. There has been significant media coverage on the impact of the COVID-19 is having with regards to individual consumers’ behaviour. Stories are rampant of people hoarding supplies from toilet paper to rice to face masks … Continue reading Anecdotes of how Australian are responding to COVID-19: Rational?

The Economic Cost of the Coronavirus

This blog is part of a series relating to the economic impacts of the CoVID-19, novel coronavirus outbreak of 2020. CoVID-19, or Coronavirus as it is more commonly known, is at the centre of an ongoing global health crisis. CoVID-19 is actually a novel strain from the same family of viruses that includes MERS and … Continue reading The Economic Cost of the Coronavirus