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Will you lose your job if you don’t get the Covid-19 jab? | ticker VIEWS

Published

4 years ago

September 8, 2021

Mandatory vaccines in the workforce are a contentious topic

As many major organisations move to mandate Covid-19 vaccines for their employees, questions loom over the legalities surrounding this.

Can employers lawfully require employees to get a Covid-19 vaccine?

Many companies right around the world are moving to make Covid-19 vaccines compulsory for their workers. In the United States, Disney, Delta Airlines, Google, and Walmart are among the big names already implementing the mandate.

In Australia, Qantas, Virgin Australia, and SPC are considering their own mandates. Many Unions in Australia are encouraging workers to get the vaccine but will support those who push back against it.

“As soon as vaccines become more generally available, then most employers will be able to lawfully require most employees to be vaccinated.”

Ian Neil, Barrister

However, the big names that have come forward with mandating Covid-19 vaccinations do indicate the sectors that will continue to do so.

Neil says that any sector where employees have to work closely with one another have to be vaccinated.

“And then, of course, other sectors, like health care and age care, who are working closely with people and the vulnerable.”

Ian Neil, Barrister

Does discrimination play a role?

Australian Prime Minister Scott Morrison says it is up to the individual companies to decide if they want to mandate Covid-19 vaccinations for employees.

Concerns are spreading around discrimination in the workforce. Does it breach discrimination laws if someone loses their employment because they refuse the jab?

“In general, it’s not unlawful to discriminate against somebody on the ground they’re not vaccinated, and it’s not unlawful to discriminate in favour of someone who is.”

“But, there will be exceptions to that rule… if they have an underlying medical or psychological condition that makes it unsafe for them to be vaccinated.”

Ian Neil, Barrister

“No one will be forced to be vaccinated, that is something that is not lawful. People will always be able to choose not to be vaccinated.”

“But, there will be consequences that attach to that choice, and one of those consequences will be that they cannot get or continue in their employment, in cases where their employers require employees to be vaccinated.”

Ian Neil, Barrister

Changing employment landscape

Since the pandemic began, it has revolutionised the employment landscape live never before.

“Universal income support, that has never happened in this country [Australia] before, and has severed the connection between work and income.”

Ian Neil, Barrister

Related Topics:Business covid covid 19 Featured trending VACCINE

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Divorce spike in Australia triggers hidden tax risks

Australia sees increased divorce filings amid emotional challenges, with many couples overlooking significant tax pitfalls in their settlements.

Published

1 day ago

April 29, 2025

ticker NEWS

Australia sees increased divorce filings amid emotional challenges, with many couples overlooking significant tax pitfalls in their settlements.

Australia is facing a sharp rise in divorce filings over the past two months — but as couples navigate emotional breakups, many are missing major tax traps hidden in their settlements.

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Stocks rebound despite tariff concerns and earnings anticipation

US stocks rebound amid tariff uncertainty; key earnings reports and economic data loom as volatility persists in the market.

Published

1 day ago

April 29, 2025

Ahron Young

US stocks rebound amid tariff uncertainty; key earnings reports and economic data loom as volatility persists in the market.

In Short

The stock market recovered after an early decline, led by companies like Boeing and IBM.

Investors are cautious ahead of upcoming economic data and potential trade developments, with projections of a 7% drop in S&P 500 earnings by 2025 due to tariffs.

A late recovery in the stock market reversed an early decline as dip buyers entered during a volatile day.

On Monday, the S&P 500 completed its fifth reversal of 1% or more in a month, matching the total seen throughout 2024. Gains were led by Boeing and IBM, while Nvidia fell following Huawei’s announcement regarding a new chip. Major tech companies, including Microsoft and Apple, are expected to report earnings soon.

Short-term Treasuries performed better, and the dollar weakened amidst ongoing economic data releases.

Economic data

The upcoming week promises substantial economic data, with reports on jobs and inflation due. A Texas manufacturing survey revealed significant weakness, with executives describing the tariff situation as chaotic.

Experts predict an eventful week, with potential for market volatility driven by various trade and economic headlines. Investors are particularly attuned to trade relations with China, with outlooks hinging on government actions.

Despite some executives remaining uncertain about tariff impacts, analysts are calculating potential effects on corporate earnings. Bloomberg Economics projects net income for the S&P 500 could drop around 7% by 2025 due to elevated tariff rates, compared to previous growth expectations.

Morgan Stanley suggests that a weak dollar may help US earnings, keeping the S&P 500 within a 5,000 to 5,500 range unless trade agreements with China are made, alongside a rebound in earnings and potential easing of monetary policy.

Money

Busy week: big tech earnings, U.S. jobs data

Busy week for markets with major tech earnings and U.S. jobs data shaping investor sentiment amid trade uncertainties.

Published

3 days ago

April 27, 2025

Ahron Young

Busy week for markets with major tech earnings and U.S. jobs data shaping investor sentiment amid trade uncertainties.

In Short

Next week, major tech companies, including Apple and Microsoft, will report earnings alongside key economic data, amid ongoing global trade concerns.

The S&P 500 has seen some recovery but remains down 10% since February, with investors anxiously awaiting the U.S. jobs report and economic growth indicators.

Next week, U.S. markets anticipate significant activity as big tech companies release earnings and crucial economic data is reported.

Investors will focus on corporate results from major firms like Apple and Microsoft, alongside the U.S. jobs report and first-quarter economic growth data. This comes amidst ongoing concerns related to global trade that could affect market stability.

The S&P 500 index has seen modest recovery recently, cutting its previous losses but still down roughly 10% from February’s peak. Optimism has been partially driven by indications of a softer trade approach from the Trump administration.

Market sensitivity

Michael Mullaney of Boston Partners noted that stock market sensitivity remains high, responding rapidly to any shifts in tariff news. Recent easing of trade tensions, including a pause in major tariffs announced by Trump, has contributed to market gains, but uncertainty continues.

In the forthcoming week, about 180 S&P 500 companies, accounting for over 40% of the index’s value, will announce their quarterly performance. Early reports indicate strong earnings growth, though some firms have lowered profit forecasts, highlighting potential challenges ahead.