Everyone will get the virus

Original article by Geoff Chambers, Natasha Robinson
The Australian – Page: 1 & 6 : 28-Feb-20

The global death toll from the coronavirus outbreak has risen to 2,814, and more than 82,000 people worldwide have been diagnosed with the respiratory illness. The federal government has responded to the growing crisis by extending its ban on direct travel from mainland China for another week, while it recently activated an emergency response plan. Meanwhile, Professor Ian Mackay from the University of Queensland doubts that the coronavirus can be contained and warns that it will most likely become endemic. He adds that most people will become infected with the coronavirus at some stage, and for most people the symptoms will be no worse than a bad head cold.

CORPORATES
UNIVERSITY OF QUEENSLAND

Top unis face $1.2bn virus hit

Original article by Tim Dodd, Adam Creighton, Jill Rowbotham
The Australian – Page: 1 & 6 : 19-Feb-20

The value of Australia’s education exports to China topped $12bn in 2019; analysis by the Centre for Independent Studies suggests that this could fall by up to 40 per cent in 2020, even if the coronavirus outbreak has been contained by June. Meanwhile, 10 of Australia’s top universities – including the so-called Group of Eight – could lose up to $1.2bn worth of fees from Chinese students who have been affected by the federal government’s travel ban. It has prevented about 65,000 students from arriving in Australia for the start of the academic year.

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THE CENTRE FOR INDEPENDENT STUDIES LIMITED, THE GROUP OF EIGHT LIMITED

Travel bans set to knock $6bn from economy

Original article by Richard Ferguson
The Australian – Page: 7 : 13-Feb-20

Investment bank UBS expects Australia to record negative GDP growth in the March quarter, due to the introduction of travel bans in response to the coronavirus. UBS economist George Tharenou warns that annual growth could fall by about 0.9 per cent, which equates to a $6bn economic hit. The federal government’s national security committee will shortly decide whether to extend the ban on people travelling to Australia from mainland China; the ban has affected sectors such as education, tourism and retailing.

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UBS HOLDINGS PTY LTD

Australia prepares to extend China travel ban due to coronavirus

Original article by Eryk Bagshaw
The Age – Page: Online : 11-Feb-20

The federal government’s 14-day travel ban on non-citizens entering Australia from the Chinese mainland will expire on 15 February, and sources have indicated that it is likely to be extended. The move will prevent about 56 per cent of the Chinese students at Australian universities from arriving in time for the start of the academic year. Meanwhile, more than 100 Australian citizens and permanent residents are still in Hubei province, but the government has no plans for a third evacuation flight.

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Campuses may lose $2bn in fees

Original article by Tim Dodd, Heidi Han
The Australian – Page: 7 : 7-Feb-20

The federal government’s travel ban has prevented nearly 100,000 Chinese university students from arriving in Australia for the start of the academic year. S&P Global says the universities’ operating margins will be hit if the travel restrictions are not lifted in the next few weeks. The firm estimates that the travel ban could cost universities up to $2bn in fees, and notes that the broader economy will also be impacted. Some universities will offer online courses for the first several weeks of the semester.

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S&P GLOBAL INCORPORATED

Travel ban ‘won’t be turned off’

Original article by Ben Packham
The Australian – Page: 7 : 5-Feb-20

Health Minister Greg Hunt has indicated that the federal government is likely to extend its ban on non-citizens entering Australia from the Chinese mainland, which was initially slated to last for two weeks. Wang Xining, the China’s deputy ambassador to Australia, has described it as an over-reaction and notes that the World Health Organization believes that such measures are not necessary. Wang adds that the Chinese embassy was not advised of the travel ban before it was announced, but Hunt says that senior officials in China were told of the ban as soon as the government decided to impose it.

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AUSTRALIA. DEPT OF HEALTH, WORLD HEALTH ORGANIZATION

Coronavirus: foreign arrivals from mainland China will not be allowed into Australia, Scott Morrison says

Original article by
The Guardian Australia – Page: Online : 3-Feb-20

The federal government has raised its travel advice warning for mainland China to level four, recommending that Australians should not travel to the country due to the coronavirus outbreak. The government has also announced that it will not allow anybody travelling from China to enter Australia unless they are Australian citizens or permanent residents. Meanwhile, Qantas will suspend all direct flights to mainland China from 9 February until 29 March, while the Trump administration will temporarily ban entry to the US by any foreign national who has travelled to China in the last 14 days.

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AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, QANTAS AIRWAYS LIMITED – ASX QAN

China tourist ban to bite

Original article by Michael Smith
The Australian Financial Review – Page: 1 & 8 : 28-Jan-20

The deepening coronavirus crisis has prompted the Chinese government to ban travel operators from taking tour groups overseas for at least two months. The blanket ban will particularly impact on Australia’s tourism industry, given that about 1.4 million Chinese tourists visit the nation each year and inject some $12bn into the domestic economy. Chinese travel companies have indicated that they have requested refunds for trips that have already been booked with Australian airlines and hotels.

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China to take over as most frequent visitors

Original article by Jamie Freed
The Australian Financial Review – Page: 11 : 3-Nov-15

Tourism Research Australia forecasts a rise of 5.9 per cent in the number of foreign tourists to 7.5 million in 2015-16. The number of mainland Chinese visitors is likely to rise 15.5 per cent. By 2019-2020, the number of Chinese visitors is expected to reach 1.4 million, catapulting this category of the market to the top of tourism source countries.

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TOURISM RESEARCH AUSTRALIA, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, TTF AUSTRALIA LIMITED TOURISM AND TRANSPORT FORUM, TOURISM ACCOMMODATION AUSTRALIA, TOURISM RESEARCH AUSTRALIA

Fix the ‘pain points’ for travellers, Joyce urges the government

Original article by Jamie Freed
The Australian Financial Review – Page: 37 : 15-Oct-15

Qantas CEO Alan Joyce has called on the Australian Government to reduce the cost of multi-year entry visas which are about to be made available to Chinese travellers. The visa will cost $A1,000, while Chinese nationals pay just $A30 for a similar visa to Singapore. Joyce has also proposed reducing queues at customs and immigration at Australian airports.

CORPORATES
QANTAS AIRWAYS LIMITED – ASX QAN, AIRASIA X SDN BHD, VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VAH, NATIONAL PRESS CLUB (AUSTRALIA)