As a Hindu, we are told growing up that Sikhs were formed by giving the strongest son in the family to form an army to stand up against Islamic invasion and brutality. Their synonyms Singh, Sardar and Veer means Tiger, Leader and Brave respectively are used everyday to refer to them. To me they are my brothers and our leaders. :)
The Sikhs are some of the most compassionate people out there. They are some of the best and trustworthy friends you will ever have. Their places of worship welcome people from all walks of life too.
Australia did not experienced the last downturn because of China. It tells me the politicians there had not learn the lesson of not biting the hands that feeds u. They choose to side with the BULLY. Leadership failing the people. People will be revolting soon.
True they shout rasis to Asian but yet all that buy they product is Asian .... the want that buy house, buy they food product, they tourism even education .... they should learn from develop country .. we danger our citizen but we save our economy .... people die everyday even not because this virus ... diabetes, stroke, heart disease , accident , cancer .... just do new normal and use mask and let immunity go by nature is look mean but cause hunger people sure will die even not because covid .... but again maybe u laugh about my comment and u thinks u smarter then all Asian ...
Anyone watching the economy and listening to Martin North were preparing by doing their best to get out of debt. Covid has merely burst the bubble and if anything we are learning what's essential and not essential...
@@UTube4MN yes, interest on savings is next to nothing. If we have stagflation (stagnant growth, high unemployment and inflation) then savings in the bank risk rapid devaluation. The stable growth Australians have become accustomed to.. may be a thing of the past or absent for some years to come..
@@UTube4MN I'm hoping online markets where people can buy and sell from eachother like facebook market place will become more popular and trade amongst the people becomes a way forward
Too much debt, debt, leveraging and more debt. This has lead to the current debt hangover. Lesson... the government isn't going to save you in the long run.
Save yourself and get a loan. Its ok the RBA has just increased all the banks portfolios meaning they can lend out bigger loans to businesses and personal to get through this crisis. Cant pay now its ok, Afterpay. The money printing has increased and now we have more access to funds. If this does not work they might introduce a bill where it will be compulsory to get a loan to go out and spend spend spend to get the economy back rolling. Reminds me of Oprah Winfrey, a loan for you, a loan for you, and you and you, everybody gets a loan.
Bit of a broad brush to tar all churches with don't you think? The church I'm involved with has a pantry that gives out free food to the community, provides language and accommodation support for migrants and others, and that's just a few of the things it does in the community. Anyone can look at another person or group and judge from the outside, but the truth is another matter.
@@instasis4940 that's excellent that your church helps , I'm talking if every church leader opens their doors to help the community there won't be any of these issues.
@@instasis4940 it is a broad brush and not fair .People in times of need just need to remember a simple act of kindness can have a profound and postive impact on ones life.If everyone could just love thy neighbour rather than eat up all this hatred and fear the world would be a better place.Stay safe take care and god bless you.
i'm an Aussie and been stuck in Uruguay since February and how glad am I...was gonna be a 6 month stay but intend to stay here forever on.....when the borders open again Aussies, do yourself a favour and move out and head to Uruguay.....10/10
@@seandobson5499 Except that's not true. Many other countries have highly automated picking systems and don't rely on cheap seasonal labour. Pick a country and they pay 1/5th what we do for avocados (And most everything else, ugh)
Australians don't want o pay for expensive fruit and veg so we are part of the problem. They need the backpackers to keep prices down, because woolies and coles screw them on the price per ton. That being said how is it sensible to have a multi billion dollar industry propped up by backpackers?
@@seandobson5499 And if he pays an aussie a decent wage to pick it, then we all would have enough money to pay a little more for stuff. Instead we flush money down the toilet sending it overseas in order to save a buck on on the price of avo's. Wage growth in this country has been negative when adjusted for inflation for over a decade now, and that is all down to skyrocketing immigration numbers. What we save at the supermarket we lose in our pay packets and end up having to work harder for those 'cheap avocados'.
All these businesses that they showed are luxury businesses, limos, diving schools, mobile DJ’s, hardly essential services. We are not living in a world of luxuries anymore.
This is an eye-opener, nearly all my friends (not me) haven't missed a beat income-wise and are all gearing up to buy houses. Got into the trap of thinking it was just me affected by covid, but what some of these people are going through is really putting things in perspective.
G'day Australia, I'm just a bloke on a shovel, turning big rocks into small ones. But I know of dark times. Lost me dad when I was 11, darkest day it was. But my best day, the light at the end of the tunnel, was when the community came onto the farm and help my mum with the harvest. Growing up I learn that "people help people". There has been bad days after this, job lost, money problems, mum being sick, mum dying, homelessness. But I always have how the community help mum. There are people out there, good people that can help. All you have to do is ask for help. So Merry Christmas Australia, as every day a gift. Cheers
So let me get this straight, Byron Bay was living predominantly on Job Keeper but the cheapest property for sale in town is a 2 bedroom unit for $850,000. Makes perfect sense.
I'm sure they will have another story down the track, when things are really bad and suicide spikes even higher. No TV channels like talking about suicide
Vicki Diana Coghlan people are becoming unnecessary automation A I will replace 80/: of all jobs soon look at a tesla factories 70/: automated The rich powerful want to destroy the middle class strip away non essential population we will all end up watching Netflix being feed on a basic universal income just above poverty line be constantly monitored controlled cash will disappear so we can be further taxed controlled
Does the prime minister even see any of this stuff ?? Is anyone in this country worried yet ?? What the hell is going on ?! Also , time to work for the dole guys . No backpackers , Aussie’s need to step up .
Being in the flooring industry, I'm working 6 days a week and still can't keep up with the work load , so I guess this Covid drama doesn't affect all industries.
My dad's pool business is the same. People are spending big on luxuries right now... Can't last though so he's putting all the money in savings so he can afford to return deposits.
It's actually a bit weird. People are spending money on their house because they can't go on holidays. They also have also had all this time at home to look at the things they need doing and the time to organise it. It's the same across much of the luxury/renovation industry. Even camera sales are through the roof from what I've heard.
Loans are cheap at the moment, wait till people can’t keep paying it back this is called the long term debt cycle, people have been programmed to spend spend spend to keep this machine going, soon peoples debts are going to cripple them
That is your illusion. Google Australia debt clock verses third world countries debt clock. The world economic system controlled by the west is a financial Mafia milking out every thing from rest of the world..
The farms in Manjimup dont pay enough to pay for board, I dont mind working for less than minimum wage I understand its a unspoken part of the economy If they had onsite board they might get some people, presonally I'd settle for a parking spot and a hose to shower with. So yea not afraid of hard work or roughing it, but theres no way im going to take a loss just so the guy underpaying me can make money
You should be appalled.... they must pay you minimum wage... got these rich billionaires telling people there is a labor shortage...it;s all BS... if I want a hole dug... I offer 50,000 ... no one wants it... I offer 200,000 a year to dig holes.. I will have hundreds applying... Make them pay reasonable wages and conditions and these "poor" farmers will have workers lying up outside wanting a job... some farmer says ... If I pay minimum wage ill go broke....that's right... your business should go under cause it is uneconomical to run without slavery
@@ybet1000 I have a masters in HR and I have worked with FairWork. It is appalling but when it comes working for less that minimum and food shortages Im happy to turn a blind eye aslong as i dont have to pay out of pocket just to work
@@wm3018 Food shortages? Cmon bud... avocado? people can live without an avocado.... and apples.. cheap as chips... its all BS bud.. don't fall for it.. its just slave labor for profits... 1.50 punnets of strawberries... if they were 5$ would it matter?
@@wm3018 All your saying is that you agree with criminal activity and that the abuse of power in fiduciary obligations between employer and worker..is fine...There are no food shortages ... that is a strawman argument made to enable these slavers to exploit young and vulnerable tourists... I think in the long run if harms australia
I work for an event company and my partner owns his own event company, so we are both feeling the anxiety. With no events our industry is crushed and the government doesn't seem to recognise how much event businesses have been effected. Along with Travel companies, we were the first to go down and it was so disappointing that the Government made its law that you cannot do your job (by cancelling events) but then leaving no help or explanation. Pubs and restaurants, etc. will open but medium-large scale events won't be the same for a long time... :(
Who would have thought that DJs, luxury accommodation, baristas and surfing instructors would be out of an income? A full belly, shelter and good health has always been the priority which for some has always been a luxury.
I'm an Aussie expat in America 21 years. Been through a lot here, including hell back in 2008. Muddling through on UI here right now, till I feel it's ok to go back to Semi-Truck Driving. Even in California, a lot of stuff is opening up! Thank goodness for Trump. I lived in Melbourne for 15 years, I was there when Hawkie and Keating put Aussie on the map, and I was in Surfers and travelled around QLD for a year temporarily back in 2010 too. It is so terrible to see what is happening to y'all down there. Hope it bloody gets better soon. 💋💜🙏
Jeez mate, let's hope that trump can keep the job for you. Australia have been in a bad shape right now but we are no where near the experience in the good old land of the free
Got one coffee machine going ... AT THE ABC. Doesn’t that sum this up. Public servants are steaming ahead whilst the private sector titanic is going under.
What I don’t get is we can go on a plane that is completely full, but old mate can’t take his boat out on open water full. Can someone please explain this to me if you can?
it's all so very frustrating. The Government sector is receiving their $$ , while the private sector is dying before our eyes, here in the USA. We have lost 100s 0f thousands of businesses that will never come back. Soon there will be no tax base and then Government, on their high horses, will have nothing left to TAX. It's getting very serious folks. God Bless us all.
Heaps of jobs out there, problem is your getting feed and u still have Internet. Take that away and u will have no choice but to work. Sounds like u both have 1st world problems. Sad
I visited my brother who lives on the Sunshine Coast two years ago and the level of complacency that I encountered, whenever I talked to people about Australias' economy, just blew my mind. At a dinner party, I got into a lively conversation with a guy who owns several investment homes. I asked him what were Aussies going to do when the economy tanked(in 2020) due to unsustainable levels of privately owned debt. He couldn't even comprehend what I was saying. "Everything was fine, no one was struggling, there's nothing on the news saying that we should be worried". My brother chimed in with "and if there was a problem paying off all these mortgages, you can just go out and get a second job"! I said and what if you get laid off and there is no option of getting a second job? They just laughed. I told them that Australia has just become a country that produces nothing except holes in the ground, makes flat whites and sells houses to each other(and a ton of Asians). They couldn't even contemplate that a downturn was possible, never mind on it's way. I found out at that dinner, that every couple there held multiple mortgages on investment properties around their town. Too much debt that has to be repaid, too many shiraz soaked dinners spent one upping each other on their brilliance at real estate speculation, and no one is paying attention to the countrys' fundamentals which is a house of cards.
Speaking with a tow truck driver they're feeling it because low tourists results in less cars needing towing. Also they said an industry that he moves machines for has gone very quiet. Bad times.
Um... I don’t know whether u have check the migration report 2019-2020. The report had indicated the amount of Chinese migrants were dramatically decreasing since 2010 (ps Chinese is the second largest population for immigration). Any also most migration are skilled immigrants which they can fill skill shortages and bring investment in the area. I don’t know why u avoided to see these information 🤷♂️
Adam - stop being racist. Sure, there are issues with China and the media. Let's talk about those constructively instead of slinging shit, or we all end up covered in it.
I saw this coming and Covid has just speeded things up a little. A home that cost $10.000 in Sydney 50 years ago costs over a million now and that's where the problem lies. We cant have infinite growth in a finite world. Plus we are going to seriously need to change the world economies if we are to survive climate change.
Well said... I have seen this trend every where across the world..covid has just speeded up...I guess its these small businesses which were hit the hardest
"Evolving" LOL, the understatement of the century, construction & realestate is toast. Feel sorry for the newly arrived aussies pushed out to the city fringe areas & forced to buy spec homes for 300k or 400k. This will grind us to 2025, what we knew in 2019 will never be again. Not only will individuals, families, businesses & companies suffer but entire industries will disappear forever & never to return. "Evolving".....
Somebody has a business renting out espresso coffee machines, and baristas to run them, for parties and corporate events...a large pot of hot coffee and water for tea aren't enough? This explains the problem in a nutshell.
United States here.. Illinois..find your country very beautiful and interesting. Have often wanted to visit your country honestly thinking about living there...guess this is not the time for that move. Will continue to explore my options.. won't give up on that idea. Covid won't last forever..by the grace of God, we will all make it, ONLY by the grace of God. Keep the faith.
I lived in Sydney for 9 years pre2000. I was a casual waiter and worked 70 to 80 hours a week. Sydney was a happy and fun place to live in for a young guy. It was a dream destination. I find it hard to believe that Sydney has become such a gloomy place. Watching this programme has given me a hard jolt. There is nowhere to hide. Australia is a very high cost economy and the people have got used to the good life. After all it is the Lucky Country. I fear the consequences of COVID19 could be very severe for all of us the world over.
step 1: profit from it or if you have no clue how to profit from it go to step 2 step 2: since you have no clue how to profit from it you're already too late, proceed to step 3 step 3: enjoy economical collapse
There can be other option to survive, learn how to grow your own food, learn new skill that does not always require computer or technology that you can use to barter for food or other things you might need. Learn farming and you will not grow hungry. Learn how to be resilient, it will help emotionally. You can't prepare for everything but you can learn to adjust through self awareness and how to prioritise needs before wants. As human beings it is in our nature to want to survive. Find that inner courage that is in all of us. Most of all, be willing to help whenever you can and how ever small. If one can't survive then none of us will survive.
Once the FED/Reserve Bank stop printing money, everything will fall like a house of cards...everywhere The printing needs to keep going for at least another 2-5 years. Time to consolidate, not expanding.
My only question now is, what are Australians going to do about it? Either we make noise and get mad and loud for the government to listen or we do nothing and the suffering gets worse.
During JobKeeper I was unemployed, on Centrelink. Gee that was handy to not struggle so much to live and put energy into doing something else. This is why I went for my Truck licence to do interstate runs on the M1 and now am employed fulltime, in demand every single day on 12 hour shifts, earn well over four-figures weekly, and love contributing to delivering goods such as food to supermarkets.
Its funny, I work in Byron and I am flat out. I know some businesses here are booked at near 100% for the next 6 months and are busier than they have ever been. There is always two sides to this story. Even my dentist has a 3 week waiting period. Guess ABC forgot to talk to both sides. :)
@dadon I will be fine. Can tell you several careers that need filling in the area and region. We need legal, paralegal, security, IT, cybersecurity, medical specialists, farm workers, age care and the list goes on. Also, there are a lot of people holidaying or live in Byron with money. Its just they are not interested in doofs, trinkets, tours and crowded beaches. Sometimes, people actually might need to change careers, upskill or focus on a different market.
Bwahaha it's not the ABC's fault there Benny, it's a statistical fact that Byron now has the highest rate of people on welfare than anywhere in Aus. Now that you're pulling in a ton of money you should probably put some towards an education. I would too, but i lost my job... in Byron.
@@topdeckdog Agree. Am always educating. Since the QLD border is open now, I can go and sit my exams. The border closure probably did a lot of harm to the local region economy on both sides. Just curious, what is your field?
This is the best time ever to make CANZUK a reality. That is: a free-trade agreement among Canada, Australia, NZ, and UK in order to entirely bypass and/or sideline China. It has been on conversations for years and years already. Make it happen!
If you think it's bad now, wait until AI and other tech. advances take even more jobs. Time is now to start re-thinking how we do _everything_ rather than trying to maintain the status quo so that when that happens, we are ready and fine, rather than caught with our pants down, like we were with this pandemic. A good way to start is putting a bit more thought into who and what you vote for, both politically, and with your money.
@Growler Thunder I have, and you don't find them by "going out." You new conspiracy theorists are amusing. You dig around the bargain bin and pull out a handful of whatever you can find, mash them together (beware the "COVID COMPUTER! --running Windows Gates") and make a pretty necklace out of them when there are much more compelling issues in plain sight.
@Growler Thunder it's literally a fact that facts don't talk. Until you can get basic logic right, I'm not putting stock in what you say without credible sources.
gotta open the country up, get rid of the minimum wage, get rid of compulsory superannuation payments by employers, get rid of payroll tax, get rid of income tax, get rid of government regulations which hinder business, get rid of useless government entities and especially get rid of pensions for politicians.
dumbo7429 sorry but have to disagree. The minimum wage is crippling small businesses and pricing them out of the job market whereas major corporations have no problem with it, effectively have an edge over their market.
Yeah it sucks, but Aussies have had it so easy for so long. Billions of humans were not and are still not, as fortunate. Oh and maybe taking those monster loans for houses wasn't such a great idea after all.
Yes the economic situation is going to be difficult for a while BUT when you compare Australia to many other parts of the world, it's clear to see how lucky we are and appreciate this wonderful country for what it is. We're going to be OK.
Doesn't nearly articulate how bad this is going to get. This is something that will dwarf the great depression. Don't have to be an economist to see that.
@@allaboutstupid2228 Not being able to engage in capitalism is what screws them. As it clearly shows, if you don't have capitalistic trade, you don't have a functioning economy.
I'm australian and live in London. Australia is - 7 gdp. U. K is minus 20. Europe is minus 12. Minimum wage even with currency exchange is illegal in australia. So tbh Australia is still in a very good spot if it starts opening up. Cause Europe and america are going in extreme lock downs now. Yes oz has the second highest median wage too switzaland. And now it will create more haves and have nots but but still nothing compared too the world. Yes alot of people want to move there. So I am optimistic compared too the rest of the world. It will be quicker there too to regain it's gdp compared too everywhere else.
Y things are pretty good here in WA relatively. Businesses that rely on foreign tourism or students are in trouble but most of the rest pretty normal and many businesses booming.
I’m an Aussie and there are plenty of us trying to wake up the others. Just like other countries. There’s sleepy sheep everywhere. Some people you just can’t wake up. And it breaks my freaking heart.
Save up or have better business ideas that dont involve putting your house up as collateral fml get a grip!!! You don't have to open a business! No ones forcing people to open up businesses its a choice. If people put their houses up as collwteral after Covid then peoe really are stupid
Yep! & dickead Dan STILL has Vic locked down. We ain't seen NOTHING yet... go Dans Fan Club, lets see what you think of him in 6 months or so... & ever after that.
Also got to thank to your super genius Morrison, he single handedly had destroyed all the many years of hard work that their business people had build with China, their biggest customer!
Agreed, Gregory. This is just the beginning of dark times ahead. There’ll need to be constant stimulus to keep any semblance of an economy functioning normally, but it won’t be enough to replicate economic activity prior to covid. The risk of stimulus of printing more money is inflation and the debt burden for future generations.
Umm, well if you have very few travellers, but loads of local residents out of work and have farms needing pickers, I don’t know, maybe put 2 and 2 together. Don’t be proud people. I just saw a dj who can’t pay her mortgage in Byron bay. Plenty of farms surrounding her. Get these out of work people in each of their states picking crops?!
4 года назад+5
"Capital must protect itself in every possible way, both by combination and legislation. Debts must be collected mortgages foreclosed as rapidly as possible. When, through process of law, the common people lose their homes, they will become more docile and more easily governed through the strong arm of the government applied by a central power of wealth under leading financiers. These truths are well known among our principal men, who are now engaged in forming an imperialism to govern the world. By dividing the voters through the political party system, we can get them to expend their energies in fighting for questions of no importance. It is thus, by discrete action, we can ensure for ourselves that which has been so well planned and so successfully accomplished". Montagu Norman, Governor of the Bank of England, addressing the United States Bankers' Association, New York, Idaho Leader, 26 August 1924. “Liberalism is the party of upstarts who have insinuated themselves between the people and its big men. Liberals feel themselves as isolated individuals, responsible to nobody. They do not share the nation’s traditions, they are indifferent to its past and have no ambition for its future. They seek only their own personal advantage in the present. Their dream is the great International, in which the differences of peoples and languages, races and cultures will be obliterated. “ Arthur Moeller van den Bruck , German political philosopher, 1925.
I was just researching the levels of personal/household debt in Australia, and they've increased substantially (almost doubled) in the past 12 years. That cannot be blamed on anyone but the individuals/families carrying that debt. Far too many people want it all and they want it RIGHT NOW, so they leverage themselves to the limit and become slaves to the lenders.
2:30 'How much has Covid affected your business?' The answer to that should have been 'not at all'. I doubt it would have cost him even one customer. The correct question is 'How much has the lockdown affected your business?'
Why don't they give those Aussies who have lost their jobs, special passes to work on the farms that need help. Otherwise you gonna have food shortages also.
Yasmin Gooch - backpacker at Marnyup highlights the ANSWER to a lot of these problems. We need to band together as a COMMUNITY (In our respective local areas) and practice "best practice" or "universal precautions" and get back to work....
A good overview, unfortunately the average person who has gotten a pay check every week would not take this in because they have never owned or run a business in their whole working life. The industries highlighted are not your average business they were all big money makers in industry or hospitality. To show Byron Bay and the business there that are struggling is not a priority industry for most Australians and be honest they have all made a lot of money with expensive prices for many years. Then WA they are showing industries that produce food for consumption but have no backpackers to service the crops , well go down to Centrelink and sign up those who are seriously needing work and that will do an honest days work for honest pay, which means you will be paying a regulated rate of pay and not the low rate backpackers are happy to take. Yes there are going to be issues and changes because of decisions made in this country over the last 6 months ,but you eventually need to stand up and take control of your family’s future don’t sit around waiting for everything to fall in your lap.
On the fruit pickers... it isn't just the fault of 'dole bludgers' not taking jobs. I was really thinking about putting my current job on hold to go help out. I even had a few friends who would go with me to make it a working holiday... but then I typed into Seek "fruit picking jobs" and there were 3 or 4 in WA. I type in 'manjimup avocado fruit picking job' and there's no job. I think these businesses who can't find fruit pickers have themselves to blame first before they blame border closures. How are they supposed to get workers if they aren't advertising? Even the avocado guy on here isn't advertising jobs. You can't help stupid. I looked into helping with the Wheat crop. They need harvester drivers which is hugely skilled. They've been getting drivers from overseas for years and are desperate now they can't get cheap labour. What wage are they offering for this highly skilled job? A job that's so technical the only people who can be retrained into it are pilots? $35 an hour, 12 hours a day for 3 months. If that same skilled driver drives a truck they can get $40 an hour with the same company. I wonder why they can't find anyone? Not saying it's bad money.. just saying that they don't seem to understand supply and demand. The wage hasn't gone up with the supply shortage of workers.
Adrian Julz . It’s so true what you said. When I said go to Centrelink to look for those out of work who would do an honest days work I wasn’t saying they were dole bludgers. I truely believe there are genuine hard workers like yourself who would happily do the jobs , I don’t think the ABC were fair with their idea of representing the average sole trader and employees but I suppose they probably only thought the program would be watched by the more educated and entrepreneurial than the average Joe Blow. As the saying goes you will only oil the noisey wheel .
My Idea of being a politician is to serve your country Not yourselves NAME ME ONE POLITICIAN WHO SERVES HIS COUNTRY NONE TIME FOR A REAL POLITICAL PARTY
Mad respect to the Sikhs, whenever shit gets tough they're usually one of the first groups to pitch in and help.
As a Hindu, we are told growing up that Sikhs were formed by giving the strongest son in the family to form an army to stand up against Islamic invasion and brutality. Their synonyms Singh, Sardar and Veer means Tiger, Leader and Brave respectively are used everyday to refer to them. To me they are my brothers and our leaders. :)
Anurag sharma the only reason the people are against each other is because of all of our corrupted so called leaders
The Sikhs are some of the most compassionate people out there. They are some of the best and trustworthy friends you will ever have. Their places of worship welcome people from all walks of life too.
@@taun96 thus comment reflects every human except they have been corrupted by the lies of government
@@UTube4MN Just one guess as to which "particular religion" murdered him...
Australia's economy built on immigration flipping house and making coffee.
same like in Canada !
supply CHINA
Australia did not experienced the last downturn because of China. It tells me the politicians there had not learn the lesson of not biting the hands that feeds u. They choose to side with the BULLY. Leadership failing the people. People will be revolting soon.
True they shout rasis to Asian but yet all that buy they product is Asian .... the want that buy house, buy they food product, they tourism even education .... they should learn from develop country .. we danger our citizen but we save our economy .... people die everyday even not because this virus ... diabetes, stroke, heart disease , accident , cancer .... just do new normal and use mask and let immunity go by nature is look mean but cause hunger people sure will die even not because covid .... but again maybe u laugh about my comment and u thinks u smarter then all Asian ...
Anyone watching the economy and listening to Martin North were preparing by doing their best to get out of debt. Covid has merely burst the bubble and if anything we are learning what's essential and not essential...
@@UTube4MN yes, interest on savings is next to nothing. If we have stagflation (stagnant growth, high unemployment and inflation) then savings in the bank risk rapid devaluation. The stable growth Australians have become accustomed to.. may be a thing of the past or absent for some years to come..
@@UTube4MN I'm hoping online markets where people can buy and sell from eachother like facebook market place will become more popular and trade amongst the people becomes a way forward
Too much debt, debt, leveraging and more debt. This has lead to the current debt hangover. Lesson... the government isn't going to save you in the long run.
Save yourself and get a loan. Its ok the RBA has just increased all the banks portfolios meaning they can lend out bigger loans to businesses and personal to get through this crisis. Cant pay now its ok, Afterpay. The money printing has increased and now we have more access to funds. If this does not work they might introduce a bill where it will be compulsory to get a loan to go out and spend spend spend to get the economy back rolling. Reminds me of Oprah Winfrey, a loan for you, a loan for you, and you and you, everybody gets a loan.
@@axeya366 Its craziness isn't it.
Nothing wrong with debt when you can service it.
Most Australians can service their debts, so I'm not sure what the racket is all about.
Nachannachle no income means debt increases you lose your house end in the streets
I don't think ppl realize things will be far worse in 5 years time.
Why do you think so, out of curiosity? Very interested
og kt I think it is obvious that it's because the economy will be in no shape to fulfill the lives of all Australians
@Budget Overland Australia ....Its great that you can even afford to study, most people can't.
World wide depression on it's way.
In more ways than one
It is already here.
It’s done on purpose. They want globalism !!! A new world order………. They think people are stupid; obviously. They know EXACTLY what they are doing.
This is the difference between having a job and having a lifestyle. Lifestyles are subject to change,and jobs are essential to running societies.
Not anymore. Paying jobs that is
“Every lie we tell incurs a debt to the truth. Sooner or later that debt is paid." - Valery Legasov
@Hrenml nobody escapes Karma
And the lies are as high as Mount Everest !
Sold up the river by our own government and we sit here today and ask how it happened and how bad will it get.
"Netflix and chill"...
Governments did this and it's global
*neoliberal* governments
I'm struggling to understand at how all these churches can collect money every Sunday from us but yet to fail to help the community.
Yup
Bit of a broad brush to tar all churches with don't you think?
The church I'm involved with has a pantry that gives out free food to the community, provides language and accommodation support for migrants and others, and that's just a few of the things it does in the community.
Anyone can look at another person or group and judge from the outside, but the truth is another matter.
@@instasis4940 that's excellent that your church helps , I'm talking if every church leader opens their doors to help the community there won't be any of these issues.
I rather help people directly than giving to a church with my 10% of my income.
@@instasis4940 it is a broad brush and not fair .People in times of need just need to remember a simple act of kindness can have a profound and postive impact on ones life.If everyone could just love thy neighbour rather than eat up all this hatred and fear the world would be a better place.Stay safe take care and god bless you.
i'm an Aussie and been stuck in Uruguay since February and how glad am I...was gonna be a 6 month stay but intend to stay here forever on.....when the borders open again Aussies, do yourself a favour and move out and head to Uruguay.....10/10
You better believe it I'm going to be Uruguay bound very soon
I know next to nothing about Uruguay. Could you give a little summary of it to compare to life in Australia? Glad you're enjoying your big move Bob
Old mate with the farm hasn't got any backpackers to rip off :( I feel for him.
Think it just sold for 16 million the other week.
@@luckbenjamin hmm.. after 80 years and how many generations? Now owned by a foreign corporation?
@@seandobson5499 Except that's not true. Many other countries have highly automated picking systems and don't rely on cheap seasonal labour. Pick a country and they pay 1/5th what we do for avocados (And most everything else, ugh)
Australians don't want o pay for expensive fruit and veg so we are part of the problem.
They need the backpackers to keep prices down, because woolies and coles screw them on the price per ton.
That being said how is it sensible to have a multi billion dollar industry propped up by backpackers?
@@seandobson5499 And if he pays an aussie a decent wage to pick it, then we all would have enough money to pay a little more for stuff. Instead we flush money down the toilet sending it overseas in order to save a buck on on the price of avo's. Wage growth in this country has been negative when adjusted for inflation for over a decade now, and that is all down to skyrocketing immigration numbers. What we save at the supermarket we lose in our pay packets and end up having to work harder for those 'cheap avocados'.
All these businesses that they showed are luxury businesses, limos, diving schools, mobile DJ’s, hardly essential services. We are not living in a world of luxuries anymore.
@@sunoverbeach A bit triggered there? I think Roj Blake's point is valid.
You left out the dude and his espresso machines...completely unnecessary business...have people never heard of Nescafe?
This is an eye-opener, nearly all my friends (not me) haven't missed a beat income-wise and are all gearing up to buy houses. Got into the trap of thinking it was just me affected by covid, but what some of these people are going through is really putting things in perspective.
Alot of overpaid people in useless jobs with too much disposable income
Surely you mean the Morrison government.
Lol
This is really scary stuff, I'm so thankful to work a business that was able to keep all of its permanent staff.
G'day Australia, I'm just a bloke on a shovel, turning big rocks into small ones. But I know of dark times. Lost me dad when I was 11, darkest day it was. But my best day, the light at the end of the tunnel, was when the community came onto the farm and help my mum with the harvest. Growing up I learn that "people help people". There has been bad days after this, job lost, money problems, mum being sick, mum dying, homelessness. But I always have how the community help mum. There are people out there, good people that can help. All you have to do is ask for help. So Merry Christmas Australia, as every day a gift. Cheers
So let me get this straight, Byron Bay was living predominantly on Job Keeper but the cheapest property for sale in town is a 2 bedroom unit for $850,000. Makes perfect sense.
I noticed 4 corners didn't highlight Depression, Suicide, etc.
I'm sure they will have another story down the track, when things are really bad and suicide spikes even higher. No TV channels like talking about suicide
@@JustForRita
The BS MSM doesn't like talking about the inconvenient truth.
Vicki Diana Coghlan people are becoming unnecessary automation A I will replace 80/: of all jobs soon look at a tesla factories 70/: automated The rich powerful want to destroy the middle class strip away non essential population we will all end up watching Netflix being feed on a basic universal income just above poverty line be constantly monitored controlled cash will disappear so we can be further taxed controlled
Does the prime minister even see any of this stuff ?? Is anyone in this country worried yet ?? What the hell is going on ?!
Also , time to work for the dole guys . No backpackers , Aussie’s need to step up .
Don't you worry, they know what's going on. They just don't wanna you guys to panic !
OGtalks
This is all by design. Why can’t people see it!!
Being in the flooring industry, I'm working 6 days a week and still can't keep up with the work load , so I guess this Covid drama doesn't affect all industries.
My dad's pool business is the same. People are spending big on luxuries right now... Can't last though so he's putting all the money in savings so he can afford to return deposits.
Or most of the other flooring businesses have died and you're among the last ones operating.
It's actually a bit weird. People are spending money on their house because they can't go on holidays. They also have also had all this time at home to look at the things they need doing and the time to organise it. It's the same across much of the luxury/renovation industry.
Even camera sales are through the roof from what I've heard.
Loans are cheap at the moment, wait till people can’t keep paying it back this is called the long term debt cycle, people have been programmed to spend spend spend to keep this machine going, soon peoples debts are going to cripple them
I have a sign business, crazy busy all year.
Now imagine how this is going to play out in countries less fortunate than Australia. That's almost everywhere; the US doesn't bear thinking about.
That is your illusion. Google Australia debt clock verses third world countries debt clock. The world economic system controlled by the west is a financial Mafia milking out every thing from rest of the world..
Once again, the Sikh community is stepping up to help people. What a bunch of unsung heroes! Thankyou. Well done.
Where are Churches?
The farms in Manjimup dont pay enough to pay for board, I dont mind working for less than minimum wage I understand its a unspoken part of the economy
If they had onsite board they might get some people, presonally I'd settle for a parking spot and a hose to shower with.
So yea not afraid of hard work or roughing it, but theres no way im going to take a loss just so the guy underpaying me can make money
Minimum wages.. if the slavers aren't willing to pay you minimum wage... let them go under... or sue the crap out of them
You should be appalled.... they must pay you minimum wage... got these rich billionaires telling people there is a labor shortage...it;s all BS... if I want a hole dug... I offer 50,000 ... no one wants it... I offer 200,000 a year to dig holes.. I will have hundreds applying... Make them pay reasonable wages and conditions and these "poor" farmers will have workers lying up outside wanting a job... some farmer says ... If I pay minimum wage ill go broke....that's right... your business should go under cause it is uneconomical to run without slavery
@@ybet1000 I have a masters in HR and I have worked with FairWork.
It is appalling but when it comes working for less that minimum and food shortages Im happy to turn a blind eye aslong as i dont have to pay out of pocket just to work
@@wm3018 Food shortages? Cmon bud... avocado? people can live without an avocado.... and apples.. cheap as chips... its all BS bud.. don't fall for it.. its just slave labor for profits... 1.50 punnets of strawberries... if they were 5$ would it matter?
@@wm3018 All your saying is that you agree with criminal activity and that the abuse of power in fiduciary obligations between employer and worker..is fine...There are no food shortages ... that is a strawman argument made to enable these slavers to exploit young and vulnerable tourists... I think in the long run if harms australia
I work for an event company and my partner owns his own event company, so we are both feeling the anxiety. With no events our industry is crushed and the government doesn't seem to recognise how much event businesses have been effected. Along with Travel companies, we were the first to go down and it was so disappointing that the Government made its law that you cannot do your job (by cancelling events) but then leaving no help or explanation. Pubs and restaurants, etc. will open but medium-large scale events won't be the same for a long time... :(
Who would have thought that DJs, luxury accommodation, baristas and surfing instructors would be out of an income? A full belly, shelter and good health has always been the priority which for some has always been a luxury.
When the tide goes out we get to see who was swimming 🏊♀️ naked.
Having said that, I do feel sorry 😐 for people who are stressed 😥 and suffering.
I'm an Aussie expat in America 21 years. Been through a lot here, including hell back in 2008. Muddling through on UI here right now, till I feel it's ok to go back to Semi-Truck Driving. Even in California, a lot of stuff is opening up! Thank goodness for Trump.
I lived in Melbourne for 15 years, I was there when Hawkie and Keating put Aussie on the map,
and I was in Surfers and travelled around QLD for a year temporarily back in 2010 too. It is so terrible to see what is happening to y'all down there. Hope it bloody gets better soon. 💋💜🙏
Jeez mate, let's hope that trump can keep the job for you. Australia have been in a bad shape right now but we are no where near the experience in the good old land of the free
Got one coffee machine going ... AT THE ABC.
Doesn’t that sum this up. Public servants are steaming ahead whilst the private sector titanic is going under.
What I don’t get is we can go on a plane that is completely full, but old mate can’t take his boat out on open water full. Can someone please explain this to me if you can?
it's all so very frustrating. The Government sector is receiving their $$ , while the private sector is dying before our eyes, here in the USA. We have lost 100s 0f thousands of businesses that will never come back. Soon there will be no tax base and then Government, on their high horses, will have nothing left to TAX. It's getting very serious folks. God Bless us all.
I was essentially unemployable as it was. Not much keeping me going apart from my dog now.
Same here. Cannot see myself ever going back to work. And why would you want to. Just to give the government our hard earned in TAX !?????
Heaps of jobs out there, problem is your getting feed and u still have Internet. Take that away and u will have no choice but to work. Sounds like u both have 1st world problems. Sad
It is a shit time but we will get through it, if you can write you are employable.
Do the fruit picking
This thing is far from over....
Um, yuh. That's the point of the story. You should give it a watch!
There is nothing social about distancing
I visited my brother who lives on the Sunshine Coast two years ago and the level of complacency that I encountered, whenever I talked to people about Australias' economy, just blew my mind. At a dinner party, I got into a lively conversation with a guy who owns several investment homes. I asked him what were Aussies going to do when the economy tanked(in 2020) due to unsustainable levels of privately owned debt. He couldn't even comprehend what I was saying. "Everything was fine, no one was struggling, there's nothing on the news saying that we should be worried". My brother chimed in with "and if there was a problem paying off all these mortgages, you can just go out and get a second job"! I said and what if you get laid off and there is no option of getting a second job? They just laughed. I told them that Australia has just become a country that produces nothing except holes in the ground, makes flat whites and sells houses to each other(and a ton of Asians). They couldn't even contemplate that a downturn was possible, never mind on it's way. I found out at that dinner, that every couple there held multiple mortgages on investment properties around their town. Too much debt that has to be repaid, too many shiraz soaked dinners spent one upping each other on their brilliance at real estate speculation, and no one is paying attention to the countrys' fundamentals which is a house of cards.
you aint seen nothin yet
...says ol mate Denholm as he rips another cone
@@topdeckdog for sure bud
Get on the bubbler 💨
Speaking with a tow truck driver they're feeling it because low tourists results in less cars needing towing. Also they said an industry that he moves machines for has gone very quiet. Bad times.
wow farmers might have to pay the minimum wage.. shock horror
EXACTLY!!! you'd never see abc reporting about that because they won't make any money from pissing off the fat cats.
remember those stories about Australian airports, were people get prosecuted for carrying a banana or an apple in their back bag
watch em sell all these property's to the chinese when it crashes they will open the floodgates
The ABC avoided showing any Chinese migrants in the entire program... I wonder why !!!
Everyone in Australia is a migrant except the aboriginals so stfu
Um... I don’t know whether u have check the migration report 2019-2020. The report had indicated the amount of Chinese migrants were dramatically decreasing since 2010 (ps Chinese is the second largest population for immigration). Any also most migration are skilled immigrants which they can fill skill shortages and bring investment in the area. I don’t know why u avoided to see these information 🤷♂️
Adam - stop being racist. Sure, there are issues with China and the media. Let's talk about those constructively instead of slinging shit, or we all end up covered in it.
Chinese immigrants and Chinese government are two separate entities Period!! Get you fact check and family integrity together b4 your useless opinion
Sad
People are just starting to open their eyes.
@Westsude Granny That's my point 👍
Violin for the property developer.
Because you don’t live in a house or shop in any places that was developed?
Yeah he won't be able to upgrade his BMW this year
@@davidh6300 you mean Ranger Rover or Porsche Cayenne? They'll have to stoop to a BMW now.
God bless you Australia. Especially Renee the DJ. Sending love from Pennsylvania, USA🌷
Send money instead luv
I saw this coming and Covid has just speeded things up a little. A home that cost $10.000 in Sydney 50 years ago costs over a million now and that's where the problem lies. We cant have infinite growth in a finite world. Plus we are going to seriously need to change the world economies if we are to survive climate change.
Well said... I have seen this trend every where across the world..covid has just speeded up...I guess its these small businesses which were hit the hardest
"Evolving" LOL, the understatement of the century, construction & realestate is toast. Feel sorry for the newly arrived aussies pushed out to the city fringe areas & forced to buy spec homes for 300k or 400k. This will grind us to 2025, what we knew in 2019 will never be again. Not only will individuals, families, businesses & companies suffer but entire industries will disappear forever & never to return. "Evolving".....
Somebody has a business renting out espresso coffee machines, and baristas to run them, for parties and corporate events...a large pot of hot coffee and water for tea aren't enough? This explains the problem in a nutshell.
United States here.. Illinois..find your country very beautiful and interesting. Have often wanted to visit your country honestly thinking about living there...guess this is not the time for that move. Will continue to explore my options.. won't give up on that idea. Covid won't last forever..by the grace of God, we will all make it, ONLY by the grace of God. Keep the faith.
I lived in Sydney for 9 years pre2000. I was a casual waiter and worked 70 to 80 hours a week. Sydney was a happy and fun place to live in for a young guy. It was a dream destination. I find it hard to believe that Sydney has become such a gloomy place. Watching this programme has given me a hard jolt. There is nowhere to hide. Australia is a very high cost economy and the people have got used to the good life. After all it is the Lucky Country. I fear the consequences of COVID19 could be very severe for all of us the world over.
Loans and mortgages wreck people's lives huh.
How will people survive the recession?
Well, first we need to be allowed to actually go back to work. The economy doesn't run itself.
What work would there be? The businesses are gone or are merely zombies now.
A.I will eventually run the economy and feed the people around he world. But we're not quite there yet.
@@quantumchang4410 No.
step 1: profit from it
or if you have no clue how to profit from it go to step 2
step 2: since you have no clue how to profit from it you're already too late, proceed to step 3
step 3: enjoy economical collapse
There can be other option to survive, learn how to grow your own food, learn new skill that does not always require computer or technology that you can use to barter for food or other things you might need. Learn farming and you will not grow hungry. Learn how to be resilient, it will help emotionally. You can't prepare for everything but you can learn to adjust through self awareness and how to prioritise needs before wants. As human beings it is in our nature to want to survive. Find that inner courage that is in all of us. Most of all, be willing to help whenever you can and how ever small. If one can't survive then none of us will survive.
Once the FED/Reserve Bank stop printing money, everything will fall like a house of cards...everywhere
The printing needs to keep going for at least another 2-5 years.
Time to consolidate, not expanding.
Make no sense... you got people that got no work and you got farmers that cannot find workers?? This is the definition of dying of thirst in a lake
Didnt have to be this way, thank you libs and lab for showing Australia what they have been voting for!!!
Both parties are useless and a big joke never to be voted ever again.
How's that "Australian Dream" of home-ownership and massive mortgages lookin' now??
Whats worse is, the middle and those who need it most are the ones who are going to suffer.
My only question now is, what are Australians going to do about it? Either we make noise and get mad and loud for the government to listen or we do nothing and the suffering gets worse.
this opened my eyes to how we wont ready to handle a forecasted downturn
This was happen before COVID don't let them lie to you!
colonel covid is the scapegoat, completely fabricated pandemic, less deaths than yearly flu, fake tests that dont work,
Here comes the expert
During JobKeeper I was unemployed, on Centrelink. Gee that was handy to not struggle so much to live and put energy into doing something else. This is why I went for my Truck licence to do interstate runs on the M1 and now am employed fulltime, in demand every single day on 12 hour shifts, earn well over four-figures weekly, and love contributing to delivering goods such as food to supermarkets.
Its funny, I work in Byron and I am flat out. I know some businesses here are booked at near 100% for the next 6 months and are busier than they have ever been. There is always two sides to this story. Even my dentist has a 3 week waiting period. Guess ABC forgot to talk to both sides. :)
@dadon I will be fine. Can tell you several careers that need filling in the area and region. We need legal, paralegal, security, IT, cybersecurity, medical specialists, farm workers, age care and the list goes on. Also, there are a lot of people holidaying or live in Byron with money. Its just they are not interested in doofs, trinkets, tours and crowded beaches. Sometimes, people actually might need to change careers, upskill or focus on a different market.
Bwahaha it's not the ABC's fault there Benny, it's a statistical fact that Byron now has the highest rate of people on welfare than anywhere in Aus. Now that you're pulling in a ton of money you should probably put some towards an education. I would too, but i lost my job... in Byron.
@@topdeckdog Agree. Am always educating. Since the QLD border is open now, I can go and sit my exams. The border closure probably did a lot of harm to the local region economy on both sides. Just curious, what is your field?
@@topdeckdog .....well said !! I can't affort the cost to further educate myself.
This is the best time ever to make CANZUK a reality. That is: a free-trade agreement among Canada, Australia, NZ, and UK in order to entirely bypass and/or sideline China. It has been on conversations for years and years already. Make it happen!
It won’t be long now till people start running around eating each other
If you think it's bad now, wait until AI and other tech. advances take even more jobs. Time is now to start re-thinking how we do _everything_ rather than trying to maintain the status quo so that when that happens, we are ready and fine, rather than caught with our pants down, like we were with this pandemic. A good way to start is putting a bit more thought into who and what you vote for, both politically, and with your money.
yes bruce... we are just here to turn the computers on
@Growler Thunder please refrain from nonsense comments. If hostile AI existed, we'd be in much worse trouble than COVID19.
@Growler Thunder I have, and you don't find them by "going out." You new conspiracy theorists are amusing. You dig around the bargain bin and pull out a handful of whatever you can find, mash them together (beware the "COVID COMPUTER! --running Windows Gates") and make a pretty necklace out of them when there are much more compelling issues in plain sight.
@Plugger you don't see cars driving themselves, or AI diagnosing medical conditions as common place... Yet.
@Growler Thunder it's literally a fact that facts don't talk. Until you can get basic logic right, I'm not putting stock in what you say without credible sources.
gotta open the country up, get rid of the minimum wage, get rid of compulsory superannuation payments by employers, get rid of payroll tax, get rid of income tax, get rid of government regulations which hinder business, get rid of useless government entities and especially get rid of pensions for politicians.
Best comment here.
dumbo7429 sorry but have to disagree. The minimum wage is crippling small businesses and pricing them out of the job market whereas major corporations have no problem with it, effectively have an edge over their market.
Its disgusting that the community had to look after the stranded backpackers. The governments wouldn't care if they ended up starving on the streets.
Is sad but they could’ve gone home
Been a hell of a year it ain’t over yet folks .if you lose it all you will be better off than most trying to hold it .
You have Australian people who need work, instead of hiring international people, those days are over. Hire local, travel local old economy is gone🇨🇦
Yeah it sucks, but Aussies have had it so easy for so long. Billions of humans were not and are still not, as fortunate. Oh and maybe taking those monster loans for houses wasn't such a great idea after all.
Nothing lasts forever. A common scenario throughout history is that a power peaks and falls. Then, a new one emerges.
Working from home would render those swanky office spaces useless
What about a 4 Corners episode on the lying by Dan Andrews, his ministers and senior public servants.
Yes the economic situation is going to be difficult for a while BUT when you compare Australia to many other parts of the world, it's clear to see how lucky we are and appreciate this wonderful country for what it is. We're going to be OK.
Jon H
?!?! This is a global agenda and no we are not
"So a man who makes a living taking people under water...is struggling to stay afloat." - Did the work experience kid get a go on this one?
At least it's better than "The market is flatter than the ocean.... with no swell" (or something like that)
I cringed before he even got to the second half of that ..outstanding sentence
Doesn't nearly articulate how bad this is going to get.
This is something that will dwarf the great depression. Don't have to be an economist to see that.
The Great Depression you've got to have... to learn that very lesson of life...
Sometimes people only learn to avoid Socialism by being forced to live in it.
@@Knowbody42 And they learn from capitalism when it screws them.
@@allaboutstupid2228 Not being able to engage in capitalism is what screws them.
As it clearly shows, if you don't have capitalistic trade, you don't have a functioning economy.
@@Knowbody42 you know that "socialism" was how they got out of the Great Depression, right? ever heard of the New Deal?
@@harryk8696 False. The great depression ended after the supreme court ruled against excessive government intervention.
I'm australian and live in London. Australia is - 7 gdp. U. K is minus 20. Europe is minus 12. Minimum wage even with currency exchange is illegal in australia. So tbh Australia is still in a very good spot if it starts opening up. Cause Europe and america are going in extreme lock downs now. Yes oz has the second highest median wage too switzaland. And now it will create more haves and have nots but but still nothing compared too the world. Yes alot of people want to move there. So I am optimistic compared too the rest of the world. It will be quicker there too to regain it's gdp compared too everywhere else.
Y things are pretty good here in WA relatively. Businesses that rely on foreign tourism or students are in trouble but most of the rest pretty normal and many businesses booming.
sleepy ozzys dont know about the new world order to bizzy having a beer and throwing a prawn on the barbie perhaps they will listen now
colin crisp
Doubt it! They will soon be OUR enemy. You watch!!
@@tonismith5932 Man you are so right
I’m an Aussie and there are plenty of us trying to wake up the others. Just like other countries. There’s sleepy sheep everywhere. Some people you just can’t wake up. And it breaks my freaking heart.
@@hennaneko9737 yes me too it has cost me all my friends family etc But so be it CHEERS
@ETHAN RICAFRENTE YAMAMMOTO could not agree more sadly theres a shock coming and they will be like a fish out of water cheers
What's up with 5 million ads?
Michael Cook I bit the bullet and started watching, I was surprised not one ad.
It's worth paying a couple of bucks for subscription. No more ads again 😀
They need money. Buy RUclips premium subscription if you don't like ads.
Stop putting your mortgages against businesses jeez people wont be making that mistake again hey
How else can they fund them?
Save up or have better business ideas that dont involve putting your house up as collateral fml get a grip!!! You don't have to open a business! No ones forcing people to open up businesses its a choice. If people put their houses up as collwteral after Covid then peoe really are stupid
It's Not Pandemic .. It's PLANDEMIC !
you forgot to cover the only industry in australia thats booming. Mining.
I work in a bottle shop I think it’s fair to say that industry is also booming, sadly as things get more grim I’d say our sales will continue to rise.
@@scottcoulter1139 Yes, that is so sad.
Yep! & dickead Dan STILL has Vic locked down. We ain't seen NOTHING yet... go Dans Fan Club, lets see what you think of him in 6 months or so... & ever after that.
Im dyslexic so at first I read the thumbnail this as The Head Job
thats why i quickly click and check the comments lol
this is the goat
Close!
That's what many will be doing to stay afloat, no?
Also got to thank to your super genius Morrison, he single handedly had destroyed all the many years of hard work that their business people had build with China, their biggest customer!
The WORSE is yet to come... 2021 is going to be HELL...
Thats a bit pessimistic
@@bluebagel8084 well not really, if you look at the economic down turn that is to come. It will be like nothing we have experienced before.
Agreed, Gregory. This is just the beginning of dark times ahead. There’ll need to be constant stimulus to keep any semblance of an economy functioning normally, but it won’t be enough to replicate economic activity prior to covid. The risk of stimulus of printing more money is inflation and the debt burden for future generations.
If we stop doing lockdowns, all problems will be solved.
What will they do when government payments will stop?? Are you kidding me?? Is that even a question. It’s an obvious.
You cant taper a ponzi.
Umm, well if you have very few travellers, but loads of local residents out of work and have farms needing pickers, I don’t know, maybe put 2 and 2 together. Don’t be proud people. I just saw a dj who can’t pay her mortgage in Byron bay. Plenty of farms surrounding her. Get these out of work people in each of their states picking crops?!
"Capital must protect itself in every possible way, both by combination and legislation. Debts must be collected mortgages foreclosed as rapidly as possible. When, through process of law, the common people lose their homes, they will become more docile and more easily governed through the strong arm of the government applied by a central power of wealth under leading financiers. These truths are well known among our principal men, who are now engaged in forming an imperialism to govern the world. By dividing the voters through the political party system, we can get them to expend their energies in fighting for questions of no importance. It is thus, by discrete action, we can ensure for ourselves that which has been so well planned and so successfully accomplished".
Montagu Norman,
Governor of the Bank of England, addressing the United States Bankers' Association, New York, Idaho Leader, 26 August 1924.
“Liberalism is the party of upstarts who have insinuated
themselves between the people and its big men. Liberals feel
themselves as isolated individuals, responsible to nobody. They
do not share the nation’s traditions, they are indifferent to its
past and have no ambition for its future. They seek only their
own personal advantage in the present. Their dream is the
great International, in which the differences of peoples and
languages, races and cultures will be obliterated. “
Arthur Moeller van den Bruck , German political philosopher,
1925.
I was just researching the levels of personal/household debt in Australia, and they've increased substantially (almost doubled) in the past 12 years. That cannot be blamed on anyone but the individuals/families carrying that debt. Far too many people want it all and they want it RIGHT NOW, so they leverage themselves to the limit and become slaves to the lenders.
It’s a shame there’s so many ads I really want to watch that but not that bad
Mathew yeah back in the day but nothing I can’t watch online now
Our planet is going through a rough era of change and challenges...
2:30 'How much has Covid affected your business?'
The answer to that should have been 'not at all'. I doubt it would have cost him even one customer.
The correct question is 'How much has the lockdown affected your business?'
Why don't they give those Aussies who have lost their jobs, special passes to work on the farms that need help. Otherwise you gonna have food shortages also.
the last resort for the elite to stay in power would be to starve us...
Tough times ahead.
Yasmin Gooch - backpacker at Marnyup highlights the ANSWER to a lot of these problems. We need to band together as a COMMUNITY (In our respective local areas) and practice "best practice" or "universal precautions" and get back to work....
When is ABC going to do an in-depth report on the incompetence of Daniel Andrew's Govt? Or is that a no-go-zone because he is labor?
When the hand of God of the Holy Bible leaves a nation disaster, chaos, lawlessness are the only outcome..
A good overview, unfortunately the average person who has gotten a pay check every week would not take this in because they have never owned or run a business in their whole working life. The industries highlighted are not your average business they were all big money makers in industry or hospitality. To show Byron Bay and the business there that are struggling is not a priority industry for most Australians and be honest they have all made a lot of money with expensive prices for many years. Then WA they are showing industries that produce food for consumption but have no backpackers to service the crops , well go down to Centrelink and sign up those who are seriously needing work and that will do an honest days work for honest pay, which means you will be paying a regulated rate of pay and not the low rate backpackers are happy to take. Yes there are going to be issues and changes because of decisions made in this country over the last 6 months ,but you eventually need to stand up and take control of your family’s future don’t sit around waiting for everything to fall in your lap.
On the fruit pickers... it isn't just the fault of 'dole bludgers' not taking jobs. I was really thinking about putting my current job on hold to go help out. I even had a few friends who would go with me to make it a working holiday... but then I typed into Seek "fruit picking jobs" and there were 3 or 4 in WA. I type in 'manjimup avocado fruit picking job' and there's no job. I think these businesses who can't find fruit pickers have themselves to blame first before they blame border closures. How are they supposed to get workers if they aren't advertising? Even the avocado guy on here isn't advertising jobs. You can't help stupid.
I looked into helping with the Wheat crop. They need harvester drivers which is hugely skilled. They've been getting drivers from overseas for years and are desperate now they can't get cheap labour. What wage are they offering for this highly skilled job? A job that's so technical the only people who can be retrained into it are pilots? $35 an hour, 12 hours a day for 3 months. If that same skilled driver drives a truck they can get $40 an hour with the same company. I wonder why they can't find anyone? Not saying it's bad money.. just saying that they don't seem to understand supply and demand. The wage hasn't gone up with the supply shortage of workers.
Adrian Julz . It’s so true what you said. When I said go to Centrelink to look for those out of work who would do an honest days work I wasn’t saying they were dole bludgers. I truely believe there are genuine hard workers like yourself who would happily do the jobs , I don’t think the ABC were fair with their idea of representing the average sole trader and employees but I suppose they probably only thought the program would be watched by the more educated and entrepreneurial than the average Joe Blow. As the saying goes you will only oil the noisey wheel .
"I'm from the government and I'm here to help"
Yeh right, I don't believe you, if you are your like the rest, crooks and liars
hahahahahah , what else you got ??????
My Idea of being a politician is to serve your country Not yourselves NAME ME ONE POLITICIAN WHO SERVES HIS COUNTRY NONE TIME FOR A REAL POLITICAL PARTY
politicans look out for themselves not for the country or citizens...sigh