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“It’s going to break this state”: What Victoria’s lockdown extension means

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Australia’s second biggest state, Victoria will continue its lockdown for at least another seven days.

Victoria’s Acting Premier, James Merlino, confirmed that current restrictions will remain in place for the next seven days for Metropolitan Melbourne.

However, restrictions in regional Victoria will ease from Friday, the date lockdown was initially meant to end for the entire state.

“On the advice of the Chief Health Officer Professor Sutton the current restrictions remain in place for Melbourne for a further seven days with some small changes,” Merlino said.

It comes as a growing cluster of coronavirus cases balloons to over 60, with over 350 exposure sites.

It’s believed the COVID cluster is from the Indian variant which escaped hotel quarantine in South Australia weeks earlier.

Business support packages announced

Victoria is requesting JobKeeper-style support from the federal government.

The State Government will increase its business support packages from $2,500 to $5,000, with an additional $209 million support package.

 “We have also renewed our request to the Commonwealth to activate a JobKeeper-style support for Victorians who have been impacted by these restrictions,”

MERLINO SAID.

He “hoped” the federal government would “step up” and the President of the Australian Council of Trade Unions, Michele O’Neil, says the ‘government must take responsibility’

President of the Australian Council of Trade Unions, Michele O’Neil on ticker news.

O’Neil says government officials should be working day and night like the state’s essential workers.

“They’re not stopping, but the government seems to be asleep at the wheel,” she says.

“We’re 16 months into a pandemic, and not put in place fit-for-purpose quarantine facilities… is a disgrace.”

O’Neil says the easiest thing the government can do to support Victorians is re-instate JobKeeper “with the level it was last year” for individuals who were out of work. That payment was $1500 a fortnight.

However, she adds that the financial support also needs to be extended to people who were not eligible last year for JobKeeper payments.

“Like casual and visa workers, who literally have no money coming in… people can’t live on nothing, we need to support people,”

O’Neil said.

“If this lockdown continues indefinitely, It’s going to break this state”

Victoria’s State Opposition leader, Michael O’Brien spoke to tickerNEWS before the lockdown was officially announced on Tuesday afternoon.

He called for an end to state-wide lockdown, and says the state government is playing the “blame game”

O’Brien comments on the federal government’s budget allocation to victoria.

“The federal Gov’t will reconsider its position” Vic Opposition Leader @michaelobrienmp says he speaks with Aus treasurer @JoshFrydenberg regularly and has ‘no doubt’ he will consider federal assistance for Victorians.

O’BRIEN ON THE FEDERAL GOVERNMENT financial assistance to victoria.

O’Brien says “the point is, we have an issue to deal with now” and “probably” could have done better on both a state and federal level in terms of the state’s vaccine rollout.

O’Brien on the vaccine rollout in victoria.

Covid cases reported in neighbouring state of NSW

Victorian health officials have now alerted their counterparts in NSW that positive cases have crossed the border.

The Treasury Secretary is warning of “downside risks” to the budget’s upbeat projections due to the lockdown.

Many casual workers have been stood down without pay or federal government support, other than unemployment benefits.

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NASA astronauts phone home, confident Boeing’s Starliner will return to Earth safely

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Stranded NASA astronauts express confidence in Boeing’s Starliner spacecraft, assuring its capability to safely transport them back to Earth from the International Space Station.

The astronauts, over a video call to NASA, highlighted Starliner’s enhanced safety features and testing protocols as reassuring factors for their safe return.

“I have a real good feeling in my heart that this spacecraft will bring us home, no problem…”, said Sunita “Suni” Williams, one of the stranded NASA astronauts.

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Franchising vs. Independent: key differences to choosing the right SMB model

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With latest Australian Federal budget, many SMB’s are weighing their options when selecting a suitable business model.

Franchising provides brand recognition, operational support, and economies of scale but involves ongoing fees.

Independent businesses offer full control and profit retention but face higher costs and regulatory challenges.

For risk and reward, the franchising model reduces risk through established practices and support but involves ongoing fees and profit-sharing with the franchisor.

On the alternative, independent businesses retain full control of profits but face higher risks and responsibilities in managing the business.

Sonia Shwabsky, CEO at Kwik Kopy Australia, joins to share her key insights on SMB’s. #featured

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Money

Boeing face delivery delays following guilty criminal charge plea

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Boeing’s deliveries are down after months of controversy, is it because they can’t make the planes, or because airlines right now don’t want them?

Boeing has agreed to plead guilty to a charge of conspiracy to defraud the United States in connection with the investigation into two fatal crashes involving its 737 MAX aircraft.

Boeing reported a significant 27% decrease in deliveries for June compared to the same month last year, possibly attributing the decrease to the companies ongoing controversies.

Aviation expert Geoffrey Thomas joins to discuss. #featured

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