New infection frontier as COVID-19 wreaks havoc upon business

By Forum member Darren James, Partner, Commercial Disputes, Mills Oakley Many people have already been severely affected by the public health emergency caused by the novel corona virus (officially designated as COVID-19),. Our thoughts and prayers go out to the families of the 3,400 people who are reported to have died following COVID-19 infection. Quarantine…

Vital Signs: Australian and US rate cuts underline seriousness of the coronavirus crisis

By Richard Holden, Professor of Economics, UNSW This week the Reserve Bank of Australia did something everyone expected and the US Federal Reserve did something almost nobody expected. Both are revealing. At its monthly meeting Australia’s central bank cut official interest rates by 25 basis points to a record low of 0.5%. The Fed cut…

High-tech shortages loom as coronavirus shutdowns hit manufacturers

There are now more than 45,000 confirmed cases of the coronavirus dubbed COVID-19 by the World Health Organization, and the disease has caused at least 1,115 deaths. The impact of the virus is now reaching way beyond public health: China is at the heart of global manufacturing, and as supply chains suffer, panic is beginning to set in.

A once in a generation funding opportunity: monetary policies open doors to global funding opportunities

Treasurer Josh Frydenburg’s message to business is “to back yourself and use your balance sheet to invest and grow.” Whilst we may not agree with all his policies, it is clear there is a significant need to invest in R&D, innovation and ways to enhance productivity, whether that’s through new technologies or processes to improve performance.