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Economist: Australian lockdowns similar to “Communist Russia”

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Australia continues to battle COVID

How do you think the Australian government has managed lockdowns?

NSW PREMIER Gladys Berejiklian

When it comes to critics of Australian Covid-19 lockdowns, they don’t come much more fierce than Professor Gigi Foster, School of Economics at the University of New South Wales.

Foster says Australians are sick of it, and the world is laughing:

“It became clear that the politicians have overplayed their hand. And that the people of Australia are becoming increasingly restless.”

We are sick of these lockdowns particularly with the international borders still closed. We’re seeing other countries around the world open up, and in fact make fun of us for having these lockdowns on the back of small, small numbers of cases.”

Professor gigi foster

Foster went as far as comparing Australia in some ways to Russia.

“But in this case I think what’s happened is the government has played that card over and over, and has really lost the trust of many people in the society. And we’re starting to see pockets of evidence that really reminds me of the way it used to be in Communist Russia. Where the government would say well this is what we need to do, and everybody would try and work around it and give the impression they were following the rules.”

When Prime Minister Scott Morrison announced a cut to international flights by 50% – Foster says they’ve stretched it too far.

The biggest city in Australia has recorded 35 new cases of community transmission.

24 of the cases recorded in New South Wales overnight were isolating during their infectious period.

It comes as the nation’s Federal Government continues to battle state premiers and the painfully slow vaccine rollout.

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Professor Foster has copped a huge amount of backlash for her strong views but says some statements have been taken out of context.

Foster believes her key message has always been the same – when it comes to people’s mental health, we’ve (Australia) failed.

AUSTRALIA’S PM SCOTT MORRISON

“Whenever we have a policy implemented we should look at all costs, not just costs in relation to deaths or suffering in relation to one particular disease, in this case Covid. That’s always been my position. And I think that these domestic lockdowns in the face of international borders being closed is absolute madness.”

And when it comes to when Australia will return to an actual normal way of living, Foster predicted it won’t be until well into next year.

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Money

It takes a village: coordinated financial teams prove paramount to maximising wealth

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The pursuit of wealth is often faced by significant challenges including debt, lifestyle costs, and burnout – so what methods can help overcome these challenges?

Maximising financial opportunities involves a suite of tasks, from leveraging favourable loan rates, strategic tax planning, and coordinated financial advising.

Mark Wyld from MW Wealth joins to discuss more. #featured

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News

Microsoft recalls ‘Recall AI’ feature over security fears

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Microsoft has announced a postponement in the release of its new Recall AI feature, citing significant security concerns raised during internal testing.

Pope Francis took charge of discussions on the implications of artificial intelligence for global ethics and governance, Reuters reports.

The pope said AI represented an “epochal transformation” for mankind, but stressed the need for close oversight of the ever-developing technology to preserve human life and dignity.

“No machine should ever choose to take the life of a human being,” he said, adding that people should not let superpowerful algorithms decide their destiny.
“We would condemn humanity to a future without hope if we took away people’s ability to make decisions about themselves and their lives, by dooming them to depend on the choices of machines,” he warned.

#featured #trending

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