Today, Australia officially entered into the “COVID19 recession” with the economy contracting by 7% in the second quarter of 2020. This recession was avoidable if the Australian government, States and Territories had use the best available data and experience from around the world rather than reacting to models that predicted an armageddon.
In this speech to the Senate I discuss Taiwan which has dealt with the COVID19 heath issues properly because they maintained their economy. While Taiwan has a similar population to Australia, they have only had 7 deaths. I first talked about Taiwan in March, including writing to the Prime Minister asking him to look at the data from Taiwan and consider changing course.
He refused. And now we are in a recession with over 1 million people out of work.
