SYDNEY: Jobless Australians flooded unemployment offices around the country on Monday as Prime Minister Scott Morrison warned the coronavirus pandemic would cause an economic crisis akin to the Great Depression.

After a record 29 years of economic growth, Australia is poised to spiral into recession as the global coronavirus outbreak wreaks havoc on the country’s economy despite a Aus$189 billion ($109 billion) government relief package.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details