As coronavirus isolation takes Australia back to the 1980s, it leans on locals to revive economy - ShareIsValue
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Wednesday, May 20, 2020

As coronavirus isolation takes Australia back to the 1980s, it leans on locals to revive economy

Australia’s success in curbing Covid-19 infections is allowing it to slowly ease some restrictions even as it remains largely closed off from the rest of the world, taking its economy back to the pre-globalisation era.Mining and agriculture continue to support exports and a government-sponsored group is looking at ways to revive manufacturing. But the flow of foreign tourists, students and immigrants has been frozen, pinning hopes for a rebound on local consumption.The closed borders and…

from South China Morning Post https://www.scmp.com/news/asia/australasia/article/3085196/coronavirus-isolation-takes-australia-back-1980s-it-leans

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