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WA property industry concerned about Quigley's 'hammer'

WA property industry concerned about Quigley's 'hammer'

The protections include a six-month ban on evictions; rent freezes; landlords charging interest on unpaid rent or drawing on bank guarantees or tenant security deposits.

  • by Hamish Hastie

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China posts first GDP decline on record as coronavirus cripples economy
Coronavirus pandemic

China posts first GDP decline on record as coronavirus cripples economy

China's economy shrank for the first time since at least 1992 in the first quarter, as the coronavirus outbreak paralysed production and spending.

  • by Gabriel Crossley and Kevin Yao
'Whatever it takes': Money is losing its meaning during the pandemic
Opinion
Coronavirus pandemic

'Whatever it takes': Money is losing its meaning during the pandemic

Saving the global economy from the coronavirus pandemic is going to cost a lot - but the numbers are so large they could be wrecking the value of money.

  • by Jared Dillian
'A crisis like no other': IMF set to lend $US1 trillion as 102 countries ask for help
Coronavirus pandemic

'A crisis like no other': IMF set to lend $US1 trillion as 102 countries ask for help

An unprecedented 102 of the IMF's 189 member countries are seeking assistance from the organisation as the pandemic tears apart the global economy.

Sorry, but don't expect lockdown to end any time soon
Opinion
Coronavirus pandemic

Sorry, but don't expect lockdown to end any time soon

It’s increasingly apparent the restrictive measures deployed to tackle COVID-19 are likely to keep us in economic stasis for much longer than initially expected.

  • by Jessica Irvine
Coronavirus will change the politics of unemployment
Opinion
Coronavirus pandemic

Coronavirus will change the politics of unemployment

How politically feasible will it be to wind back unemployment benefits sharply at a time when many thousands more people are forecast to be out of work?

  • by Clancy Yeates
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Pandemic softens Morrison's dole control
Opinion
Australian economy

Pandemic softens Morrison's dole control

Prime Minister Scott Morrison seems to be leading the most un-Christian government I can remember. Fortunately, the virus crisis seems to be bringing out his more caring side.

  • by Ross Gittins
Premier Group boss is still waiting for a call from the landlords
Opinion
Coronavirus pandemic

Premier Group boss is still waiting for a call from the landlords

Until COVID-19, most retailers were scared to criticise their landlords for fear of retribution. But the tone-deaf messages by Westfield owner Scentre Group about trading through the pandemic will put the spotlight on shopping centre landlords like never before.

  • by Adele Ferguson
Miners put in the hard yards to stay ahead of the coronavirus curve
Coronavirus pandemic

Miners put in the hard yards to stay ahead of the coronavirus curve

Australia’s big resources companies have been racing to cover off on every possible contingency to keep the pandemic at bay.

  • by Nick Toscano and Hamish Hastie
‘Sudden black hole’: The US economy is cratering at astonishing speed
Coronavirus pandemic

‘Sudden black hole’: The US economy is cratering at astonishing speed

In just three weeks, more than 16 million US workers have lost their jobs — more losses than the most recent recession produced over two years.

  • by Patricia Cohen and Tiffany Hsu
IMF chief sees worst economic downturn since Great Depression
Coronavirus pandemic

IMF chief sees worst economic downturn since Great Depression

Kristalina Georgieva says the coronavirus outbreak has turned what had been expected to be a solid year of growth into a deep downturn.

  • by Martin Crutsinger