ENTERING RECOVERY PHASE
Australia attempts to return to normalcy amidst diplomatic spat with China.
- Most states and territories have begun to roll out the Federal Government’s ‘3-step’ plan to ease restrictions, with some planning to open up for domestic travel and expediting their move into the next phase to generate economic activity and revive social life.
- Diplomatic spat with China: Australia has pushed for an international inquiry into the origins of the coronavirus. China, Australia’s largest trading partner, has since suspended the export licences of several of Australia’s largest beef processors and proposed tariffs of 80% on Australian barley shipments, in what many viewed as retaliatory actions. The souring relationship between the two nations could result in the boycott of Australian beef, wine, tourism and universities.