Flight Centre has closed over 400 of its stores.
Australia’s economy is collapsing. Will loans to businesses be the solution?
The Australian dollar has crashed.
Qantas is standing down 20,000 staff.
The entertainment industry is collapsing.
1 million jobs could be lost.
West Australia has announced a $600 million stimulus package.
Government Considers Further Economic Measures.
The stock market has crashed by 7% at the open.
The Federal Reserve has slashed its cash rate by 100 bps.