"Federal Government offers $130b in coronavirus wage subsidies for businesses to pay workers." More debts taken on by the Australian government. People still wouldn't go to the shopping at the Vicinity shopping malls and eat out knowing that second wave, third wave is just around the corner. I know I won't. People need to know that they are safe before heading out again. I think a better way is to lock down for 18 days only. Nobody moves. Test everyone alive on the first day, the sixth day and the 18th day. This is based on the 5.8 day for the next infected person to show symptoms of Covid-19. Those tested positive will be isolated and treated for the appropriate amount of time. Then, release lock down, everyone will be confident enough to head out. The series of three testings will be far cheaper that any stimulus package and loss of consumer confidence.
VCX Price at posting:
97.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)