Noosa News
City on the brink: Cairns ‘facing depression’ without help, say experts
Thursday March 04, 2021
Cairns was on the brink of an economic depression if the JobKeeper subsidy was not replaced, a prominent economist has warned.
The Cairns economy has been hit hard by the coronavirus pandemic and could be facing an economic depression, say experts. Photo: ABC
The comments came as Queensland Deputy Premier Steven Miles said Cairns would “fall off an economic cliff” and tourism would take years to rebuild unless there was something to replace Jobkeeper, which ends later this month.
Miles said 16 per cent of the pre-pandemic workforce in Cairns remained on…
-
Noosa News12 hours agoWoman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast
-
General18 hours agoBoy dies after being trapped between rocks off NSW beach
-
Noosa News19 hours agoFarmer Fred Perry’s 30-year conservation project creates bird haven after years of ‘bashing and burning’
-
Noosa News19 hours agoDetectives continue to search for answers on Crystal Beale’s death