2022- If Quarantine Restraints Continue?

Discussion in 'Property Market Economics' started by MTR, 1st Jul, 2021.

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  1. yipman

    yipman Well-Known Member

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    And yet those expert economists still talk of rate rises.
    That would well and truly kill any thoughts of recovery for small business.
     
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  2. standtall

    standtall Well-Known Member

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    It’s already changing specially with the construction ban as it really has impacted highest number of people for the first time. Without a job keeper, a lot of businesses won’t last this lockdown which is now going to go well into spring from the looks of it. It’s not a great time to be in a small business and most small businesses in Australia are concentrated around three industries (hospitality, construction and retail) and all three are closed indefinitely for now.
     
  3. MTR

    MTR Well-Known Member

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    not surprising
     
  4. Colin Rice

    Colin Rice Mortgage Broker Business Member

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    This ^^^^^

    It has also caused a lot of pressure in certain sectors such as a hospitality worker shortage as these venues are going strong, in Perth anyways and typically rely on O/S student labour.
     
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  5. MTR

    MTR Well-Known Member

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    Only in WA… :confused:

    A hairdresser in Bunbury will not provide services for anyone who has been vaccinated/AZ.
     
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  6. wylie

    wylie Moderator Staff Member

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    How ridiculous. It's happening in the US as well (for any brand of vaccine).
     
  7. MTR

    MTR Well-Known Member

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    agree

    i was thinking how would they know anyway??? This is deliverance territory
     
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  8. Francesco

    Francesco Well-Known Member

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    There are risks everyone takes when making an investment. No one should expect anyone to shoulder personal losses indefinitely, or someone else to shoulder the burden on behalf of the investor. There must be a threshold or a stop loss to an investment, so that a more productive option is taken.

    I subscribe to this way of economic thinking: 'When someone kidded British economist John Maynard Keynes because he had altered his views on an economic question, Lord Keynes replied: “When I’m wrong, I change my mind. What do you do?” '
     
  9. MTR

    MTR Well-Known Member

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    Our government has egg on its face….

    For some reason they think zero covid is achievable in Oz when other countries have realised its not possible

    currently At 12% vaccinated. Its quite a joke
     
  10. Mulianto

    Mulianto ~~

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    I’m a bit lost as well to be honest… Previously I thought lockdowns were silly. But I’m living in Indonesia at the moment, looking at some guys digging mass graves today gave me quite a chill too…

    This new little *******s can infect you even when you wear masks but got it airborne through your eyes, after 2 doses of vax.
     

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  11. MTR

    MTR Well-Known Member

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    But its hard to comment/compare we are talking 270M pop in Indonesia? No idea if the government is stable???
     
  12. Mulianto

    Mulianto ~~

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    The government is stable and strict but it’s the people who are reckless.

    We are experiencing deep loss-loss situation at the moment here… whether to lock down or not. Positive, no symptoms are common and deceiving…
     
  13. MTR

    MTR Well-Known Member

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  14. The Y-man

    The Y-man Moderator Staff Member

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    Given border control issues, I think we should advance the deployment of autonomous drone-trucks for interstate transport.

    The Y-man
     
  15. Tony3008

    Tony3008 Well-Known Member

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    Once upon a time we had trains. We still do, and since 2004 have standard gauge lines linking all the main state capitals (with apologies to Hobart). Seeing massive container trains should be a common, not rare, sight.
     
  16. The Y-man

    The Y-man Moderator Staff Member

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    And drone ones at that - like the ones the big mining companies use.

    The Y-man
     
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  17. 2FAST4U

    2FAST4U Well-Known Member

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    I'm not highly skilled- I'm just a financial analyst. However, I've started exploring my options and looking at other countries. Ideally I would move to the USA but if I sold all my assets I could retire in South Africa or a multitude of South East Asian counties. The only reason I haven't left yet is due to my family.

    At the end of the day most people are concerned with their own self interests, which is why capitalism has worked better than communism. Anecdotally the people that support lockdowns are the people that haven't been financially impacted by them (there are some exceptions). If most people were financially impacted they would have a look at the survival rates and conclude that we've got to accept the risks and move on with our lives!

    As for the economy these lockdowns will add hundreds of billions of dollars to government debt. The budget deficit will be over $1 trillion. In all likelihood this will lead to higher taxes or a reduction in services in the future.
     
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  18. Millie

    Millie Well-Known Member

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    One thing that frustrates me is trucking food/other items across the Nullarbor when there is local supply.

    Eg milk, eggs, fruit and vegetables, even toilet paper.

    It’s just unnecessary.

    Plus it’s environmentally bad.
     
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  19. MTR

    MTR Well-Known Member

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    We very rarely get media reporting on people losing their business/livelihood due to covid.

    Also very little info/stats on suicides/mental health, which has increased

    The business owner is the forgotten victim

    This article is Melb, 93 business collapse in June prior to lockdown 6


    No Cookies | Herald Sun
     
    Last edited: 7th Aug, 2021
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