Coronavirus (Covid19)

[mighty_tiger_79]

Perhaps to be evenly balanced that chart you showed Dutchy, they should show what happens with cash compared to staying in the market when you move to cash at the top of the market and do a 5/10 year comparison.

People need to seek professional advice and not look at charts of tops/bottoms scenarios. As you can cherry pick your way to suit the angle of multiple opinions.

Absolutely moving to cash at the peak of the market is an ideal scenario if you are close to retirement, Ill be trying to nail this myself in a few years time.

But we are discussing the bottom (or near to it) of the market, where it is now, and what the best options are now.

Agree, everyone's position is different and professional advice should be sought.

Thats why I visit SA Footy. To get the professional help needed to guide through these situations

[locky801]

Confirmed cases as of 0700 hrs this morning 186 new cases in the last 24 hrs So far appears only 181,000 tests have been conducted Australia wide

Australian Capital Territory
53

New South Wales
1,405

Northern Territory
8

Queensland
493

South Australia
235

Tasmania
40

Victoria
520

Western Australia
231

2,985

[gazzamagoo]

Build a bloody wall around NSW!

[The Bedge]

Build a bloody wall around NSW!

Been saying it my whole life.

[Trader]

So 3,000 cases in australia.
Cases double roughly every 3 days at the moment. That rate will slow as people recover, and the social distancing crackdown continues.

Lets say it averages a double every 7 days from here.

July before we hit the predicted 20% of Australians.

There are only so many jobs I can do around the house. 15 weeks is a bloody long time!

[locky801]

Build a bloody wall around NSW!

Been saying it my whole life.

'
there goes to aussie test cricket side then

[Corona Man]

Confirmed cases as of 0700 hrs this morning 186 new cases in the last 24 hrs So far appears only 181,000 tests have been conducted Australia wide

Australian Capital Territory
53

New South Wales
1,405

Northern Territory
8

Queensland
493

South Australia
235

Tasmania
40

Victoria
520

Western Australia
231

2,985

Id be interested to see how those numbers stack up on a per capita breakdown. While 520 for Vic, is not great, on Population perhaps its not so bad. Note not trying to down play the seriousness here.....

[Q.]

So 3,000 cases in australia.
Cases double roughly every 3 days at the moment. That rate will slow as people recover, and the social distancing crackdown continues.

Lets say it averages a double every 7 days from here.

July before we hit the predicted 20% of Australians.

There are only so many jobs I can do around the house. 15 weeks is a bloody long time!

There will be a huge number of people that get it and never know too. If we can speed up widespread antibody testing, there will be no need for a prolonged lockdown.

[Mr Beefy]

Confirmed cases as of 0700 hrs this morning 186 new cases in the last 24 hrs So far appears only 181,000 tests have been conducted Australia wide

Australian Capital Territory
53

New South Wales
1,405

Northern Territory
8

Queensland
493

South Australia
235

Tasmania
40

Victoria
520

Western Australia
231

2,985

Id be interested to see how those numbers stack up on a per capita breakdown. While 520 for Vic, is not great, on Population perhaps its not so bad. Note not trying to down play the seriousness here.....

corona.png (18.94 KiB) Viewed 7173 times

[Jim05]

From midnight Saturday night ALL incoming passengers from overseas get a free 2 week hotel stay to quarantine

[Mr Beefy]

From midnight Saturday night ALL incoming passengers from overseas get a free 2 week hotel stay to quarantine

I dont get why people are still coming in

[DOC]

Returning Citizens and some residents.

[Jim05]

From midnight Saturday night ALL incoming passengers from overseas get a free 2 week hotel stay to quarantine

I dont get why people are still coming in

By law you can’t stop Australian citizens and residents returning to their home country. Hence why airlines will have to run charter flights to get some home

[Booney]

From midnight Saturday night ALL incoming passengers from overseas get a free 2 week hotel stay to quarantine

Finally some sense.

[Trader]

So 3,000 cases in australia.
Cases double roughly every 3 days at the moment. That rate will slow as people recover, and the social distancing crackdown continues.

Lets say it averages a double every 7 days from here.

July before we hit the predicted 20% of Australians.

There are only so many jobs I can do around the house. 15 weeks is a bloody long time!

There will be a huge number of people that get it and never know too. If we can speed up widespread antibody testing, there will be no need for a prolonged lockdown.

Hope so.
I'm worried about the number of people that survive the virus but end up in the morgue from health issues related to financial stress.

[Q.]

So 3,000 cases in australia.
Cases double roughly every 3 days at the moment. That rate will slow as people recover, and the social distancing crackdown continues.

Lets say it averages a double every 7 days from here.

July before we hit the predicted 20% of Australians.

There are only so many jobs I can do around the house. 15 weeks is a bloody long time!

There will be a huge number of people that get it and never know too. If we can speed up widespread antibody testing, there will be no need for a prolonged lockdown.

Hope so.
I'm worried about the number of people that survive the virus but end up in the morgue from health issues related to financial stress.

It's a worry. There were a lot of suicides due to the Robodebt scheme, so there is precedence for something similar to occur again.

[Booney]

So 3,000 cases in australia.
Cases double roughly every 3 days at the moment. That rate will slow as people recover, and the social distancing crackdown continues.

Lets say it averages a double every 7 days from here.

July before we hit the predicted 20% of Australians.

There are only so many jobs I can do around the house. 15 weeks is a bloody long time!

There will be a huge number of people that get it and never know too. If we can speed up widespread antibody testing, there will be no need for a prolonged lockdown.

Hope so.
I'm worried about the number of people that survive the virus but end up in the morgue from health issues related to financial stress.

My feeling ( without being completely across fiscal policy ) is that on an individual level the gubinment is doing a pretty good job in the very to medium term with stimulus packages and access to funds helping people displaced from work because of it.

If they can get the banks on board with mortgages and rental property's we might just get through it without a full blown disaster.

ScoMo today talking about measures to put small/medium business into "Hibernation" with rent freeze/support so the other side of this will see them be able to open the doors when the time comes instead of locking them and walking away.

[DOC]

From midnight Saturday night ALL incoming passengers from overseas get a free 2 week hotel stay to quarantine

I dont get why people are still coming in

By law you can’t stop Australian citizens and residents returning to their home country. Hence why airlines will have to run charter flights to get some home

You can stop residents via cancelling their visa.

[Q.]

Woooo. SA rate of transmission declined!

27/03/2020 2:50pm

Total 3,167

Today 357

Deaths 13

Recovered 200 (+23)

NSW 1,405 (+186)
VIC 574 (+54)
QLD 555 (+62)
SA 257 (+22)
WA 255 (+24)*
ACT 62 (+9)
TAS 47
NT 12

[Wedgie]

A Friday night not worling and not going to the pub or seeing a band. Weird times....