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Covid-19 Pandemic Impact on Australian Society. - Coggle Diagram
Covid-19 Pandemic Impact on Australian Society.
Economic Consequences
Community Impact
Broader Social Cost of such a loss of life should not be overlooked.
As Corona Virus is disrupting people's lives, even before its impact is directly felt on the community; fear; stockpiling of food and medical products.
Closure of Businesses
Pandemic impacts on majority of businesses with the demand for their goods and services and cash flow reduced.
Due to worldwide restrictions, quarantine regulations and closing of borders Australia's major trading partner countries impacts consumption and spending.
Australian Government's Actions on the Economic Impacts on Australian Society.
Under Wage Subsidy scheme, workers will recieve a fortnightly payment of $1,500 (before tax) through their employer
.
Temporary Cash Flow Payments up to $100,000 are available to keep eligible small to medium-sized businesses operating, paying your bills and retain staff.
The government is supporting the continued development of Australia's skilled workforce and helping eligible businesses retain apprentices and trainees by offering a 50 per cent wage subsidy.
A safety net will apply to lessen the threat of actions that could unnecessarily push your business to being wound up or forced into insolvency or bankruptcy during Covid-19 phase.
Government Spending
Impact on Employment Levels, people loose jobs and stock crashes, industry operations and supply chains.
Companies Suffering Financial Pressure.
Food Industry
Some Food Companies experiencing rapid increased demand for products.
Panic buying escalates across the country and in some cases import competitors are restricted.
Other industries such as seafood have had export markets effectively close into China while some domestic food producers have had rapid decline in demand from the food service, restaurant and Cafe sectors.
Negative Impacts on Various agricultural export Supply Chains.
Organisation, people, activities, information, and resources involved in supplying a product or service to a consumer
.
Increased Market Access Complexity through more stringent export protocols as well as tariffs and quotas. This may continue to result in medium impacts.
Decreased availability of labour
Decreased demands for exports
Longer lead times due to reduced supply of transport and logistics services and travel restrictions.
Impacts on Agricultural global trade from the Covid-19 Pandemic
Agriculture industries are exposed to decrease in trade within a few categories such as Sea Food and Aquaculture.
E.g. 95% of average sales in premium crustacean section such as Rock Lobsters are typically sent to China.
Reduced Meat Exports
Australian Dollar
Pandemic caused Australian dollar to drop
Due to the drop in Australian dollar exporters benefit due to larger buying power transferred Australian's trading partners.
Disruptions of Supply Chains and travel bans impact the disposable income, and the buyers worldwide
.
Weak dollar results in Australian Agricultural businesses for imports to observe a decrease.
Reductions in Workforce and labour input
Reductions in Private Consumption and household consumption due to increase in savings. Time Consumers are likely to be more Cautious about going out and spending money
Possible Research Questions
How have food and Agriculture industries been impacted by Covid-19 pandemic and what effect this had on the Australian Society?
To what extent has Covid-19 impacted the Australian dollar?
To what extent have government taken actions to decrease the economic impact of Covid-19 on Australian Society?
Health and Social Impacts
Negative Psychological Consequences
According to sources on the Internet, there are estimates between 25% to 33% of the community during the Covid-19 phase that experienced high levels of Anxiety.
Taking into account all points above Australia is likely to observe higher rates of accessing mental health treatment and supports, although given concerns about attending in person, many people may be looking to get support in different ways.
Unemployed and Casualised Workforce are at increased risk of poorer mental health during times of economic instability and during pandemics.
Rises of Suicide rate due to fear of several type of consequence such as economic and psychological.
There is no Vaccine or Cure for Covid-19. Virus is transmitted through direct contact with respiratory droplets of an infected person (generated through coughing and sneezing.
Total Cases have reached to 8,886
.
Increase in Domestic Violence
Symptoms of Virus include pneumonia, influenza, Fever and shortness of breath
The effect of these symptoms on people could result in their death.
These symptoms of Covid have high effects on older people.
Education Impact
Online Exams and Tests
Taking Exams and tests online is a difficult task as it involves uploading photos of the answer and whatever working out done on paper. The difficulty in this is that photos will be a very large file which cannot be uploaded on platforms so these types of files need to be compressed. It will take a long time to compress all photo files in test conditions.
Overall, Face to Face learning is very convenient, comfortable for both teachers and students and hence beneficial for both.
Decrease in the number of International students coming to Australia.
Possible Research Questions
To what extent has education of primary and secondary students impacted due to rises of Covid-19 cases?
Online Learning is not convenient for both students and teachers due to a major difficulty of communication with each other over online platforms and very hard to explain new concepts to the whole class.
Environmental Impacts*
Society are taking good care of hygiene
Due to people in quarantine and lockdowns there are less vehicles such as cars travelling on roads, hence there is less pollution produced.
Clear air and healthy for Society.
Beneficial to the society as there will be clear air in the atmosphere. This will reduce many other health effects.
Religious impacts
Cancellation of religious festivals, temples, Churches and Mosques
.
They are cancelled due to the formation of crowdy groups which can significantly increase the spread of Corona Virus.
Cancellations of worship services of various faith.
Possible Research Question
How has Covid-19 pandemic impacted different religious communities from Australian Society?
To what extent has the spread of Corona virus increased due to religious services in Australia?
Religious Services such as temples and Churches.