Businesses in Australia are bracing themselves for a drop in revenue as fresh COVID cases lock down many states
For the first time in a year, Australia is dealing with outbreaks across the country.
An outbreak in Sydney linked to the highly contagious Delta variant has grown to 128 cases.
Cases have also been recorded in the Northern Territory, Queensland and Western Australia.
Health authorities say it is a “critical time” for the country, which has kept case numbers low with border closures and lockdowns.
This is the first time in months that cases have emerged in multiple parts of the country at the same time.
Businesses brace
Businesses are again feeling the impact of lockdowns and shut down orders with many in the travel sector, hospitality and arts again feeling the pinch.
A relief package to help Sydney businesses cope with the financial impacts of the city’s lockdown is expected to help operators recoup lost revenue and claim unused stock.
Lobbying from industry groups has meant the support package will echo the one provided to northern beaches businesses over the Christmas lockdown.
Sydney’s two-week lockdown is expected to wipe $2 billion off Australia’s GDP.
Australian leaders will hold an emergency meeting on Monday after a spike in Covid infections.
Both State and Federal Governments are now holding emergency crisis meetings in order to deal with emerging cases.
While thousands stayed indoors to work from home under new lockdown rules in multiple states, queues were spotted at Sydney’s mass vaccination centre.
Authorities are encouraging people to continue to get their vaccinations amid the stay-at-home order provided they wear a mask and are not experiencing any COVID-19 symptoms.
“I think we’re entering a new phase of this pandemic, with the more contagious Delta strain,”
Treasurer Josh Frydenberg told ABC News on Monday.
The escalation in Covid infections has prompted lockdowns in the cities of Sydney and Darwin, as well as restrictions across four states.
Australian Treasurer Josh Frydenberg (AAP Image/Lukas Coch)
New South Wales hits breaking point
Meanwhile, the situation in New South Wales is at breaking point after the Bondi cluster rose to 110 cases over the weekend. 19 of the cases were not in isolation while they were infectious.
“I also do want to foreshadow that given how contagious this strain of the virus is, we do anticipate that in the next few days case numbers are likely to increase even beyond what we’ve seen,”
said NSW State Premier Gladys Berejiklian.
Greater Sydney, the Blue Mountains, the Central Coast, Wollongong and Shellharbour have started a two-week lockdown as a result.
There is mounting concern after a Virgin Australia crew member tested positive after flying to various cities across Australia
Other states enact tougher border restrictions to prevent further spread
The states of Victoria, South Australia, and Tasmania have all enacted tougher border restrictions with neighboring regions.
Meanwhile, the Australian Capital Territory is enforcing mask-wearing for the first time since the pandemic began.
aerial, Northern Territory
WA, Queensland and the Northern Territory are also dealing with new cases.
Both states have imposed heavy new restrictions and lockdowns have been extended.
Drones of unknown origin have been spotted in New Jersey over the past month, eliciting varying reactions from lawmakers.
The state’s governor insists that the drones are safe, while Congressman Jeff Van Drew suggests they may be part of an Iranian “mothership.”
Recent meetings with Homeland Security officials aimed to address the increasing number of sightings, particularly near military installations and Donald Trump’s golf course.
Drones are lawful in New Jersey but must adhere to local regulations and FAA guidelines.
Reports indicate some of the observed drones are SUV-sized, exceeding typical hobbyist drones.
‘Misidentified planes’
Although there are numerous sightings, officials note that many could be misidentified planes or repeat sightings of the same drone.
Governor Phil Murphy reassured the public that there is no direct threat to safety.
The FBI is gathering information from residents who may have evidence of the drones.
Some officials are advocating for tighter restrictions on drone operations, with one proposing a temporary ban.
Van Drew maintains that there is potential for foreign involvement, despite Pentagon assurances rejecting that possibility.
Legislators have met with DHS and state police to discuss concerns, but clarity on the situation remains limited.
Donald Trump has been named Time magazine’s Person of the Year for 2024.
This designation follows Trump’s win in the US presidential election and his survival of an assassination attempt, as well as his conviction on 34 counts of falsifying business records.
He is set to be sworn in as the 47th president of the United States on January 20, 2025.
Time’s editor-in-chief, Sam Jacobs, noted that selecting Trump was straightforward, given his significant impact over the past year.
Trump expressed gratitude for the honor during a Wall Street event, marking his second selection as Person of the Year, the first being in 2016.
Throughout 2024, Trump experienced notable events, such as the attempted assassination at a Pennsylvania rally, which garnered global media attention.
Additionally, his conviction in May made him the first American president to be labeled a convicted felon, although he has yet to be sentenced.
Upcoming term
After a successful campaign, Trump celebrated his presidential election victory in November, promising to enhance the country during his upcoming term.
With this latest recognition, Trump, who has been featured on Time covers numerous times since his first in 1989, reaffirms his relationship with the publication despite past controversies, including displaying fake covers at his golf clubs.
Trump remains a prominent figure in American politics with his upcoming return to the Oval Office.
The Coalition claims its nuclear power plan will save $263 billion compared to Labor’s renewable energy strategy by 2050, resulting in lower electricity costs.
Economic modelling conducted by Frontier Economics estimates the Coalition’s plan, which aims for net zero emissions by 2050, will cost $331 billion.
In contrast, Labor’s renewable energy plan is projected to cost $594 billion according to the modelling.
Opposition Leader Peter Dutton plans to share these findings, stating that the analysis supports their position that Australians will benefit from the Coalition’s approach.
Dutton claims that fewer hidden costs and reduced infrastructure expenses will lead to lower energy prices.
He noted that many advanced economies are increasing their nuclear capabilities and urged Australia to do the same.
Seven plants
The Coalition’s model includes seven nuclear power plants, with renewable energy still providing 54% of the National Electricity Market by 2050 and nuclear contributing 38%.
Labor’s strategy anticipates that 94% of power generation will come from renewable energy by the same year, with 90% of coal-fired power exiting the system by 2034.
However, coal may need to operate longer in the Coalition’s scenario until nuclear power is online.
The Coalition’s plan also suggests a reduced reliance on gas due to a lower number of renewables needing stabilisation.
Dutton committed to constructing and operating seven nuclear plants, with the first expected to be operational as early as 2036.