Tim burgess
Bruce, the global economy will struggle for a quarter and will bounce back. However, I think all countries need to think of the concept of free movement of people.
Bruce, the global economy will struggle for a quarter and will bounce back. However, I think all countries need to think of the concept of free movement of people.
Fearmuss
I’m hoping the club enforce it, Australia is poked right now, the games shouldn’t have happened.
bruce
I was in that camp as well. I am changing my mind though. Apparently China is not getting over it, Beijing has cases now. If Boris Johnson is correct, and I hope he is, then you are also correct, but the smart money is the other way.
bruce
I posted this on the corona virus thread...scary shit...
Italy is no outlier, it's a frontrunner. These nations are set to follow
Many European nations are now on the same coronavirus infection trajectory as Italy. But the British government has opted for a very different strategy.
Wellington Warrior
My fuckin KiwiSaver is down $16k.... I don’t need anymore disappointmen!!!
Tim burgess
Heard the news that China is under control less then 10 cases reported. Also Heard yesterday from colleagues that China is starting to open up a little.
2020 will be an interesting ride for sure. But the world is full of resliant people.
snake77
Has anyone been ordered to work remotely yet? My wifes company has ordered people to work from home if possible for the next two weeks. They are a global company so they have gone from no international travel, to no non essential travel regionally, limiting meetings to x amount of people. This is due to being a global company where staff at certain locations are affected so they make directives affecting everyone.
I used to work there and saw a lot of silly stuff. I once had to connect phone lines for people that didn't exist. After I left they removed the reply to all button in Outlook as a senior director berated someone, that was covered with the reasoning they needed to remove clutter.
Certain industries can work from home fine. I would be expected to work from home. It would get harder if both my wife and I are working from home more due to not having suitable workstations.
Then add in schools potentially sending kids home. Things would really get chaotic.
The doomsday preppers buying up all of the hand sanitiser and toilet paper are probably hoping to wait this out watching Netflix and playing video games.
I used to work there and saw a lot of silly stuff. I once had to connect phone lines for people that didn't exist. After I left they removed the reply to all button in Outlook as a senior director berated someone, that was covered with the reasoning they needed to remove clutter.
Certain industries can work from home fine. I would be expected to work from home. It would get harder if both my wife and I are working from home more due to not having suitable workstations.
Then add in schools potentially sending kids home. Things would really get chaotic.
The doomsday preppers buying up all of the hand sanitiser and toilet paper are probably hoping to wait this out watching Netflix and playing video games.
Miket12
My wife’s company is trialing everyone working from just for Monday but they’re looking to extend it for two to three weeks. If that does happen, they’ve already done things like limiting meeting sizes, travel, number of people who can attend meetings. Because of people at her work who have lowered immunity due to chemo and existing illnesses, no one with even a snuffle is allowed at their offices.
BiggerD
Pozza
Yes I've heard the same thing, I have a couple of suppliers one based in Shanghai and one in Ningbo both have said the same thing
Kestrel84
Rippin' and a Tearin'
Contributor
matiunz
Our work are making different departments work from home one day a week at this stage to minimise people in the office(there’s about 6000)
I’m genuinely scared to check my Australian super account. Have been putting it off since last week. I know that sounds mad but I just can’t face it.
Miket12
And now the greed starts.
I belong to a FB group with other architects and designers. One of the members owns a house on the North Shore overlooking one of the beaches. He got a knock on the door yesterday from a Rental Property Manager asking him if he and his family would be willing to rent a house for six months in a less desirable area because RPM has had rich families from the US and Europe willing to pay between five to ten times the normal rent in order to get away from their countries for six months. He’s not prepared to but others will certainly take the opportunity.
I belong to a FB group with other architects and designers. One of the members owns a house on the North Shore overlooking one of the beaches. He got a knock on the door yesterday from a Rental Property Manager asking him if he and his family would be willing to rent a house for six months in a less desirable area because RPM has had rich families from the US and Europe willing to pay between five to ten times the normal rent in order to get away from their countries for six months. He’s not prepared to but others will certainly take the opportunity.
surfin
I can see people taking that offer up, not due to greed but if you lose your income, and a shit load of people may well do, moving in with the family and renting your house out is a very viable option.
That said:
Rental accommodation available in a beautiful coastal town, elevated (Tsunami proof) 360 degree views of the ocean and surrounding landscape, 2 minute walk to harbour beach and 5 minute drive to ocean beach.Two minute drive to shops and cafes. Four large bedrooms, two bathrooms and three toilets, comes with 12 pack of toilet paper supplied free. Come enjoy the Coromandel while your neighbour stays at home sneezing.
PM me.
surfin
Since we're all fucked anyway may as well have a laugh.
Tim burgess
Nice to break the seriousness of coronavirus. I suspect the lockdown of the world for a few weeks will contain the virus so that things can normalise again sooner then later.
Nevertheless travelling overseas may be become challenging for 18 months or more until a vaccine is developed and freely available and travel to and from certain countries will no heavily screen for years to come.
Interesting times ahead.
Nevertheless travelling overseas may be become challenging for 18 months or more until a vaccine is developed and freely available and travel to and from certain countries will no heavily screen for years to come.
Interesting times ahead.
surfin
The Government needs to stop surprising us over coronavirus
Steve Joyce
Jacinda Ardern announces further travel restrictions - March 14
Prime Minister Jacinda Ardern announces further travel restrictions amid the coronavirus Covid-19 outbreak.
OPINION: Managing a real crisis in government is not easy.
Crises involve rapidly-changing, hugely consequential events which are often impossible to control.
We have seen a few of these in the last twelve years, the GFC, the Christchurch earthquakes, and now Covid-19.
It can be hard for politicians to look beyond the daily news cycle at the best of times. When a crisis hits, it's doubly so.
Share
Pause
Mute
Current Time0:01
/
Duration Time2:23
Loaded: 0%
Progress: 0%
Fullscreen
NZ sharemarket plunges on coronavirus uncertainty
The NZX-Top 50 slid quickly on opening on Friday, and the news hasn’t got much better.
The pressure to react immediately to the latest news is immense. Australia has done this, America that, we need to respond. Taking time to think and apply a consistent approach can be seen as a luxury.
READ MORE:
* As Covid-19 chaos spreads, the Government promises - we will get through this
* Coronavirus: PM says Coronavirus Committee has agreed to extend border measures
* Coronavirus: Here's what you need to know
* Coronavirus: Greens urge huge benefit increase in response
* Coronavirus: Will airlines survive the current crisis?
And yet you have to. You need a clear plan and you need to provide consistent decisions in a straight-forward way so the public can have confidence. Lack of confidence is what leads to panic.
LAWRENCE SMITH
Pedestrians don masks walking down Auckland's Queen Street during the Covid-19 outbreak.
So far the world hasn't covered itself in glory on this virus. From the US President down it's been a story of inconsistency. A week ago he was describing it as no worse than the flu. Then suddenly he flips and takes the dramatic step of banning all travel from Europe into the US, sending the world into a tailspin.
In New Zealand we banned travel from the whole of China but not from Italy (an anomaly that will have more than raised the eyebrows of our largest trading partner). And then we flip wildly yesterday from one of the most relaxed travel regimes in the world to arguably the most draconian.
It's relatively easy to place fourteen day self-quarantine restrictions on Europe, or even America, but we are so integrated with Australia that the economic and social pain from stifling travel between us will be very severe. Why is that needed now when it wasn't even on the radar previously?
LAWRENCE SMITH
Former National finance minister, Steven Joyce.
The yo-yoing continues. Some big events are cancelled, some continue. Pasifika is definitely on and then a day later it's off. The 15 March Memorial continues until it doesn't. Goodness knows what the Government will decide about schools.
There is little doubt we need a much clearer strategy, and consistent communication. It is clear many more cases of Covid-19 are likely. Being in the Southern Hemisphere and heading into winter will surely shorten the odds.
Our response will need to be timed differently to the North. The government should stop surprising us and say what will happen in certain eventualities. In what circumstances will schools be closed, and re-opened again? Under what conditions will the travel restrictions change? And when exactly should people be tested?
AP
A microscope image from the US National Institutes of Health shows the Novel Coronavirus. A sixth person has tested positive in New Zealand.
As I understand it the strategy is to slow down the rate of transmission to allow health systems to cope better and give time to come up with better treatments including, eventually, a vaccine.
Ministers need to tell us how they are appropriately managing the health risks while at the same time doing their best to keep the economy going and keep people in jobs; or we will end up with an unemployment crisis as well. The Australia travel restrictions won't help.
Stockmarkets have already swooned. To some degree that was due to happen. Shares around the world were over-priced by any historic measure and investors were acting as if nothing would ever upset them. I suspect that even once Covid-19 has passed, markets won't return to previous levels of exuberance.
Big service sectors like tourism, hospitality, and education are being severely curtailed, probably for some time. And there are questions over what will happen in the goods sectors as people hunker down.
MARK TANTRUM/GETTY IMAGES
Jacinda Ardern needs to lift her sights above the daily news cycle, Steven Joyce argues.
The government needs to zero in on what they can do to alleviate the worst impacts of this slowdown. They need to focus on supporting businesses to retain jobs and keep people in apprenticeship and traineeships, on the grounds that once people lose their job it's much harder to get employed again. There should be clear simple criteria for such support, and extra sick leave available. And frankly all of this should have been announced by now.
Which brings me to the planned hike in the minimum wage on April 1. It should be cancelled. The Prime Minister says she doesn't want low-paid workers paying the price. They will pay a high price if they lose their jobs because their wages go up just as their employer's turnover plummets.
One of the hard parts of government in a crisis is letting go of things you want to do to deal with the things you have to do. Inaction on the minimum wage suggests the government hasn't yet worked out that it will have to change as much as it requires change from everyone else.
ROSA WOODS/STUFF
Finance Minister Grant Robertson has been working on the Government's Covid-19 economic package. But is it enough?
Finally they need to tell us much more about how they are preparing for what is coming. The winter flu season is on its way, and it's likely to be a lot worse than usual. What contingencies are being put in place; how many temporary extra beds will there be in each hospital; what temporary hospitals have been leased, what protections are in place for medical staff?
Why hasn't non-urgent spending like the Shane Jones Fund been handed to a hand-picked team tasked to find and equip temporary treatment centres? Is the Health Minister over the detail of these preparations the way his best predecessors would have been? And if so, why isn't he sharing the plans?
Strategic planning, a consistent approach, and clear straight-forward communication. These are critical in a crisis. The Government needs to lift its sights from the daily news cycle and stop the yo-yoing around.
* Steven Joyce is the former National government minister of finance.
Steve Joyce
Jacinda Ardern announces further travel restrictions - March 14
Prime Minister Jacinda Ardern announces further travel restrictions amid the coronavirus Covid-19 outbreak.
OPINION: Managing a real crisis in government is not easy.
Crises involve rapidly-changing, hugely consequential events which are often impossible to control.
We have seen a few of these in the last twelve years, the GFC, the Christchurch earthquakes, and now Covid-19.
It can be hard for politicians to look beyond the daily news cycle at the best of times. When a crisis hits, it's doubly so.
Share
Pause
Mute
Current Time0:01
/
Duration Time2:23
Loaded: 0%
Progress: 0%
Fullscreen
NZ sharemarket plunges on coronavirus uncertainty
The NZX-Top 50 slid quickly on opening on Friday, and the news hasn’t got much better.
The pressure to react immediately to the latest news is immense. Australia has done this, America that, we need to respond. Taking time to think and apply a consistent approach can be seen as a luxury.
READ MORE:
* As Covid-19 chaos spreads, the Government promises - we will get through this
* Coronavirus: PM says Coronavirus Committee has agreed to extend border measures
* Coronavirus: Here's what you need to know
* Coronavirus: Greens urge huge benefit increase in response
* Coronavirus: Will airlines survive the current crisis?
And yet you have to. You need a clear plan and you need to provide consistent decisions in a straight-forward way so the public can have confidence. Lack of confidence is what leads to panic.
LAWRENCE SMITH
Pedestrians don masks walking down Auckland's Queen Street during the Covid-19 outbreak.
So far the world hasn't covered itself in glory on this virus. From the US President down it's been a story of inconsistency. A week ago he was describing it as no worse than the flu. Then suddenly he flips and takes the dramatic step of banning all travel from Europe into the US, sending the world into a tailspin.
In New Zealand we banned travel from the whole of China but not from Italy (an anomaly that will have more than raised the eyebrows of our largest trading partner). And then we flip wildly yesterday from one of the most relaxed travel regimes in the world to arguably the most draconian.
It's relatively easy to place fourteen day self-quarantine restrictions on Europe, or even America, but we are so integrated with Australia that the economic and social pain from stifling travel between us will be very severe. Why is that needed now when it wasn't even on the radar previously?
LAWRENCE SMITH
Former National finance minister, Steven Joyce.
The yo-yoing continues. Some big events are cancelled, some continue. Pasifika is definitely on and then a day later it's off. The 15 March Memorial continues until it doesn't. Goodness knows what the Government will decide about schools.
There is little doubt we need a much clearer strategy, and consistent communication. It is clear many more cases of Covid-19 are likely. Being in the Southern Hemisphere and heading into winter will surely shorten the odds.
Our response will need to be timed differently to the North. The government should stop surprising us and say what will happen in certain eventualities. In what circumstances will schools be closed, and re-opened again? Under what conditions will the travel restrictions change? And when exactly should people be tested?
AP
A microscope image from the US National Institutes of Health shows the Novel Coronavirus. A sixth person has tested positive in New Zealand.
As I understand it the strategy is to slow down the rate of transmission to allow health systems to cope better and give time to come up with better treatments including, eventually, a vaccine.
Ministers need to tell us how they are appropriately managing the health risks while at the same time doing their best to keep the economy going and keep people in jobs; or we will end up with an unemployment crisis as well. The Australia travel restrictions won't help.
Stockmarkets have already swooned. To some degree that was due to happen. Shares around the world were over-priced by any historic measure and investors were acting as if nothing would ever upset them. I suspect that even once Covid-19 has passed, markets won't return to previous levels of exuberance.
Big service sectors like tourism, hospitality, and education are being severely curtailed, probably for some time. And there are questions over what will happen in the goods sectors as people hunker down.
MARK TANTRUM/GETTY IMAGES
Jacinda Ardern needs to lift her sights above the daily news cycle, Steven Joyce argues.
The government needs to zero in on what they can do to alleviate the worst impacts of this slowdown. They need to focus on supporting businesses to retain jobs and keep people in apprenticeship and traineeships, on the grounds that once people lose their job it's much harder to get employed again. There should be clear simple criteria for such support, and extra sick leave available. And frankly all of this should have been announced by now.
Which brings me to the planned hike in the minimum wage on April 1. It should be cancelled. The Prime Minister says she doesn't want low-paid workers paying the price. They will pay a high price if they lose their jobs because their wages go up just as their employer's turnover plummets.
One of the hard parts of government in a crisis is letting go of things you want to do to deal with the things you have to do. Inaction on the minimum wage suggests the government hasn't yet worked out that it will have to change as much as it requires change from everyone else.
ROSA WOODS/STUFF
Finance Minister Grant Robertson has been working on the Government's Covid-19 economic package. But is it enough?
Finally they need to tell us much more about how they are preparing for what is coming. The winter flu season is on its way, and it's likely to be a lot worse than usual. What contingencies are being put in place; how many temporary extra beds will there be in each hospital; what temporary hospitals have been leased, what protections are in place for medical staff?
Why hasn't non-urgent spending like the Shane Jones Fund been handed to a hand-picked team tasked to find and equip temporary treatment centres? Is the Health Minister over the detail of these preparations the way his best predecessors would have been? And if so, why isn't he sharing the plans?
Strategic planning, a consistent approach, and clear straight-forward communication. These are critical in a crisis. The Government needs to lift its sights from the daily news cycle and stop the yo-yoing around.
* Steven Joyce is the former National government minister of finance.
Similar threads
IanS_old
IanS_old
Last Game
18 Mar
7.5
Total Avg Rating
7.5
Your Avg Rating
Highest Rated Player
Lowest Rated Player
Compiled from 17 ratings