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Pedestrians wear protective masks in Hong Kong.

The coronavirus is a human credit crunch, and there's no quick fix

It is the flow of people, as much as money, that keeps the global economy ticking over. The sudden halt to the movement of workers, shoppers and tourists should worry us just as much as the drying up of credit during the global financial crisis.

  • by Clara Ferreira Marques

Latest

Palau ... the Pacific island nation will host a global meeting on ocean protection this year.
Opinion
Pacific diplomacy

Ocean degradation falls heaviest on those least responsible

The President of Palau writes that the oceans are not a level playing field, but making the use of their resources more equitable will be critical to sustaining them.

  • by Tommy Remengesau Jr
Trust the people with the unvarnished truth ... the streets of Sydney this week.
Coronavirus outbreak

Our HIV lesson: exclude politicians and trust the experts - and the people - to confront coronavirus

One of the architects of Australia's successful response to HIV-AIDS warns we must repudiate some foolish elements of current thinking about coronavirus.

  • by Bill Bowtell
An artist's impression of the Rolls-Royce small modular reactor.
Opinion
Nuclear energy

Why small nuclear reactors could be NSW's energy - and emissions - solution

A cross-party upper house inquiry has recommended lifting the prohibition on uranium mining in NSW - and the Deputy Premier writes why this is the state's chance to move to nuclear power.

  • by John Barilaro
Dragons assistant Shane Flanagan bek
Opinion
NRL 2020

NRL issues reminder that Shane Flanagan can't coach until 2022

The Dragons assistant coach cannot even apply for a reduction in his ban in the next two years.

  • by Andrew Webster
Is it time soft drinks were removed from the office?
Opinion
Work in Progress

Should workplaces ban sugary drinks?

Does our obsession with soft drinks need a paternalistic approach?

  • by James Adonis
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An employee at BP was sacked after he used a scene from the 2004 film Downfall about Adolf Hitler in a video meme during a long-running wages dispute.
Opinion
The lowdown

BP decision struck a blow for employees' right of free speech

Fair Work Commission's reinstatement of a refinery worker has put a handbrake on growing levels of employer control

  • by Anthony Forsyth
Illustration: Jim Pavlidis
Letters

Coronavirus: Paying the price for years of cost cutting

Readers continue to discuss the impact of coronavirus, including medically and economically.

Prime Minister Scott Morrison has announced further travel bans.
Opinion
Coronavirus outbreak

Morrison's coronavirus stimulus plan may be just the start

The months ahead will be a murky period of economic and social uncertainty, with nobody sure when the coronavirus will peak, nor when it might pass.

  • by David Crowe
In the care sector, women account for about 80 per cent of the workforce.
Opinion
Gender pay gap

If governments really cared about the gender pay gap, they'd value the jobs women dominate

Women account for about 80 per cent of the caring workforce, yet these jobs remain stubbornly underpaid. On International Women's Day on Sunday, this is a serious point for politicians to consider.

  • by Cassandra Goldie
Sudden halts or slowing in economic activities echo globally via supply chains.
Editorial
Coronavirus outbreak

World must come together to fight coronavirus

Finger-pointing about who is to blame only makes it harder for countries to share knowledge about controlling the epidemic.

  • The Age's View
Sudden halts or slowing in economic activities echo globally via supply chains.
Editorial
Coronavirus outbreak

World must come together to fight coronavirus

Finger pointing about who is to blame only makes it harder for countries to share knowledge about controlling the epidemic.

  • The Herald's View
A customer walks past empty toilet paper shelves at a supermarket in Sydney, Australia, on Wednesday, March 4, 2020. Australia's four biggest lenders have heeded the prime minister’s plea to "do their bit" to help the country weather the expected economic hit from the coronavirus, by passing on the central bank’s latest interest-rate cut in full.
Analysis
Please Explain podcast

Coronavirus this week: biosecurity up, toilet paper down

On this week’s episode of Please Explain, Tory Maguire talks to China correspondent Eryk Bagshaw about the federal government's messaging tactics. Later on the show, The Age's health reporter Melissa Cunningham discusses mass panic around toilet paper.

  • by Tory Maguire
The couple have not ruled out lucrative speaking engagements.
Opinion
Royal family

Meghan and Harry: is something unravelling behind the scenes?

One thing is certain: neither the words nor the sentiments in The Statement appear to be those of a happy young couple, reveling in the joy of each other and their nine-month-old baby.

  • by Celia Walden
Chinese children wear plastic bottles as protective masks while waiting to check in to a flight in Beijing.
Opinion
Coronavirus outbreak

Are children super spreaders? Of course they are!

It is in children’s nature to spread everything they have in their possession, from germs to information and even possessions.

  • by Nicola Philp
AFR Myer Bourke st Melbourne Plans to sell building story Wednesday 12 February 2020 Photo by Eamon Gallagher
Opinion
Retail

Myer's seemingly ugly result is history now the coronavirus is here

Myer has produced a first-half profit that is either ugly or, beneath its headline, respectable in the conditions. With the coronavirus epidemic darkening the outlook for retailers, however, the result is irrelevant as a guide to future profitability.

  • by Stephen Bartholomeusz
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New York billionaire Michael Bloomberg spent an unprecedented amount on political advertising but has bowed out of the presidential race.
Analysis
US votes 2020

Why Michael Bloomberg's expensive failure is Joe Biden's gain

Bloomberg's departure cements Biden as the only moderate candidate left in the Democratic race - and the clear favourite to take on Trump in November. 

  • by Matthew Knott
The big potential disadvantage from any reverse mortgage is compounding interest rates could take a big bite from the estate when the borrower dies and the outstanding loan is paid.
Opinion
Ask an expert

Unwinding a reverse mortgage can be difficult

One option might be to do nothing. Property prices are growing again in most areas so, even though the debt on your home may be growing, so too is its value.

  • by Nicole Pedersen-McKinnon
Mike Baird is looking for a new job
Opinion
Big four

The trouble for Mike Baird at NAB was he was the former CEO's man

Corporate management teams are almost as factionalised as political parties. Baird, who will leave his lucrative job running the National Australia Bank’s retail bank next month, belonged to the wrong faction.

  • by Elizabeth Knight
Coronavirus deaths reach two in Australia.
Opinion
The Venture

Beware epidemic of unscrupulous management

Risk that some companies mischievously use coronavirus threat to cut worker pay, conditions.

  • by Tony Featherstone
The NRL advertisement for the 2020 season.
Analysis
NRL 2020

'Butchered, terrible': Singo's barrage over NRL ad revealed

Ad man John Singleton and author Thomas Keneally have differing views on whether the NRL's new ad is Simply the Best.

  • by Roy Masters
St Kilda’s Tarni White left Moorabbin in tears with a torn ACL last weekend.
Opinion
AFL injury ward

The changes that could go a long way to fixing AFLW's ACL problem

I'm no sports doctor or researcher, so I will leave that to the experts, but I would like to raise some of my thoughts on why, potentially, the rates of ACL injuries are higher for women.

  • by Emma Kearney
Donald Trump is banking on a strong economy as he seeks re-election.
Analysis
World markets

Trump’s economic cheerleading faces a huge test

It's easy to work out why Trump has played down economic damage from the coronavirus and dismissed Wall Street plunge - they threaten to undermine the most effective story he tells about his presidency.

  • by Jim Tankersley and Ben Casselman
The economic effects of the coronavirus have yet to be fully realised.
Opinion
Coronavirus outbreak

The double whammy that threatens the global economy

Coronavirus coupled with inflation may be the perfect storm that destroys growth around the world.

  • by Russell Lynch
Our collective obsession with weight is unhealthy.
Opinion
Body language

'Helping no one': The role we all play in the obesity epidemic

Blaming individuals for finding themselves stuck in a spiral is as futile as it is short-sighted.

  • by Sarah Berry
Illustration: Dionne Gain
Opinion
Superannuation

Why I'm a super party pooper: we need extra cash to buy homes now, not to retire on

While retirees hoard too much wealth, the rest of us don't need to plough any more of our incomes into superannuation. We need it to buy homes and to live on.

  • by Jessica Irvine
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Travellers arrive at Melbourne Airport wearing face masks .
Opinion
Coronavirus outbreak

The delicate balance of enforcing coronavirus quarantine laws

Australia is rightly acting with tough measures to control the COVID-19 outbreak, but it is not an excuse to suspend fundamental human rights.

  • by Xavier Symons
Work Therapy
Opinion
Work therapy

Work therapy: When 'higher-ups' do the wrong thing

There are respectful and thoughtful ways to call out inappropriate behaviours.

  • by Jonathan Rivett
The humble meat pie is a staple of Australian culture.
Opinion
Veganism

Nobody is forcing you to eat a meat-free pie

Just because brands are making their products more accessible to others, doesn't mean you're being forgotten.

  • by Matt Bungard
South Korean soldiers wearing protective gear prepare to disinfect against the coronavirus.
Opinion
Coronavirus outbreak

Our economy needs serious help, and it needs it now

Not since the oil crisis of the 1970s has the world faced a supply side shock of this nature.

  • by Angela Jackson
Court can be a scary place.
Opinion
Courts

As family violence peaks, we should not be cutting volunteer funding

Court Network has been providing valuable non-legal support in the family law system since 1990. Now it faces closure for the sake of $130,000.

  • by Marcia Neave
LETTERS DINKUS
Letters

Cash supply tinkering won't fix the economy

Age readers discuss the need for a federal government stimulus package.

The view from the old Sunshine Landfills site onto houses in Denton Avenue in St Albans.
Editorial
Waste

More light a must in dark landfill chapter

It's essential that Brimbank City Council, the EPA and the state government commit to all necessary measures for thorough monitoring and remediation in the case of the Sunshine Landfills mess.

  • The Age's View
critics have said the campaign tries too hard to be politically correct, slamming the appearance of Indigenous player Latrell Mitchell draped in the Aboriginal flag and an image of a kiss between couple Karina Brown and Vanessa Foliaki after they had played on rival teams in a women’s State of Origin match.
Opinion
NRL 2020

Put simply? NRL has grown up and it's for the best we all follow suit

History will show that the NRL's positions on the allegedly contentious parts of the Simply The Best ad were correct.

  • by Peter FitzSimons
Have the big iron ore miners been oversold?
Opinion
Coronavirus outbreak

Iron ore miners starting to recover after shares infected early by coronavirus

Early signs are emerging that investors are starting to take a fresh look at Australia’s large iron ore exporters - and through a rosier lens.

  • by Elizabeth Knight
Democratic presidential candidate former vice-president Joe Biden has staged an extraordinary comeback.
Analysis
US votes 2020

Generational rift exposed as Joe Biden stages a comeback for the ages

With Biden's campaign back from the dead, the Democratic Party faces an almighty schism, with older and younger voters divided on how to defeat Donald Trump.

  • by Matthew Knott
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Ellyse Perry has been ruled out of the rest of the World CUp and beyond with a hamstring injury.
Opinion
Australian Women's cricket team

Is the Australian women's team playing too much cricket?

I never thought I'd pose the question. But looking at their recent schedule, I'm not surprised to see so many injuries, or some players struggling with burnout.

  • by Lisa Sthalekar
Those were the days ... Greg Truman as an AAP journalist in Sydney.
Opinion
Media & marketing

A day in the life of an AAP journo (pre-extinction)

A long-time journalist with the news agency finds a decades-old diary entry. It is a rich insight into the tireless work of AAP staff, who learned this week that it will shut down in June.

  • by Greg Truman
Fugitive from justice: Polish born film director Roman Polanski in 2011.
Analysis
Film awards

When Roman Polanski wins a directing award, does the #MeToo movement lose?

At France's equivalent to the Academy Awards, convicted rapist Roman Polanski won the best director prize for his latest film, An Officer and a Spy.

  • by Michael Phillips
Wall Street gained initially on the Fed announcement, before plummeting to finish deep in the red.
Opinion
Coronavirus outbreak

Panic breeds panic: The Fed gave the markets what they wanted and the markets tanked

The Fed's surprise move was supposed to boost markets - but it had the opposite effect as investors smelt panic.

  • by Stephen Bartholomeusz
"Tensions on trade... have resonated negatively on the confidence index of many economic operators," says IMF managing director Christine Lagarde.
Analysis
Coronavirus outbreak

Europe's 'let's think about it' coronavirus response can't last much longer

The most striking part of how Europe has responded to the economic threat is the lack of real action. 

  • by Bevan Shields
The full economic impact of the coronavirus  has yet to be felt.
Analysis
Coronavirus outbreak

How the coronavirus could lead to a recession

The global outbreak has caused upheaval in stock markets and disrupted supply chains around the world. But what would it take to lead to a recession?

  • by Ben Casselman
Warren Buffett
Opinion
Investing

Warren Buffett is waiting for one last big score

He is considered by some to be the world's greatest investor. Now he is eyeing one more big deal

  • by Nir Kaissar
Jessica Batten from Netflix's top-ranked Love Is Blind.
Opinion
Reality TV

Dating shows are about something much darker than love

Like every other dating show, Netflix's 'Love is Blind' claims to be about love. But, like every other dating show, it is actually about feelings. Dating shows often work by forcing contestants into serious emotional turmoil, then they mine this emotional turmoil – these "feelings" - for juicy moments of entertainment.

  • by Kerri Sackville
Roy Masters main image
Analysis
NRL 2020

Will suburban grounds really bring back NRL crowds?

Data suggests romantic memories of bumper attendances at suburban grounds like Belmore, Kogarah and Leichhardt ovals may be built on an illusion.

  • by Roy Masters
Democratic presidential candidate former Vice President Joe Biden.
Opinion
US votes 2020

Why I'm voting for Joe Biden on Super Tuesday

There are only imperfect candidates to take on Trump so I'm looking for the anti-Bernie with the best chance to beat him.

  • by Bruce Wolpe
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Margaret Court has established a consulate for Burundi, which has an appalling human rights record.
Opinion
Diversity

Burundi friendship reveals the sharp truth about Margaret Court

Life is a nightmare for gay men and lesbians in Burundi.

  • by Greg Callaghan
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COMMENT
Letters

Tinkering at the edges of a system that is broken

Age readers discuss federal changes to the school funding system.

Officials wearing protective attire work to diagnose people with suspected symptoms of the virus in South Korea.
Opinion
Coronavirus outbreak

Eat, drink and be merry, for tomorrow the virus won't get you

Crazed by an overexcited world media, Aussies have gone into panic mode well before the threat has materialised.

  • by Ross Gittins
A woman in the crowd sheds a tear at the vigil for Hannah Clarke and her three children Aaliyah, 6, Laianah, 4, and Trey, 3.
Opinion
Crime

Clarke family murders highlight the failings of our custody system

Once women are separated there is some notion that children will magically be safe and nurtured by domestically violent fathers.

  • by Cathy Humphreys