Australian Economy Predicted to Recover Faster than Expected Post COVID-19 [Headlines] – Hope 103.2

Australian Economy Predicted to Recover Faster than Expected Post COVID-19 [Headlines]

The latest forecast from the International Monetary Fund suggests the nation's economy will expand by 4.5 per cent this year.

By Hope NewsroomWednesday 7 Apr 2021

Today’s headlines from the Hope News team. You can listen to hourly bulletin updates at hopenews.com.au.

The Australian economy is predicted to recover faster than expected from the COVID-19 downturn.

The latest forecast from the International Monetary Fund suggests the nation’s economy will expand by 4.5 per cent this year, but it warns the global recovery will depend on the vaccine rollout.

A trial of the Oxford AstraZeneca coronavirus vaccine on children in the UK has been suspended while authorities investigate possible links to rare blood clots in adults.

Treasurer Josh Frydenberg says at this stage there’s no medical advice to suggest Australia should pause the use of the vaccine.

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The NSW Premier and top government ministers are discussing options for helping the Commonwealth’s COVID vaccination rollout.

Prime Minister Scott Morrison has accepted Gladys Berejiklian’s offer of assistance, which will most likely be through hospital vaccination hubs.

Meanwhile, the European Union has denied blocking more than three million doses of the AstraZeneca vaccine from being shipped to Australia.

Mr Morrison has blamed vaccine supply issues for the failure to meet the Government’s vaccination targets.

Brazil has registered a record more than 4000 COVID-19 deaths in the past 24 hours.

A man has died after being injured by a hedge trimmer at Artarmon on Sydney’s north-shore last night.

Paramedics say they found the man with a serious cut to his arm and also experiencing a serious medical emergency.

Police have charged a man as part of an investigation into a card cheating scam at Sydney’s Star Casino.

The Baccarat table dealer is accused of working with a patron to steal more than $35,000.

The Nationals are tipped to pre-select a high profile candidate to contest the crucial Upper Hunter by-election.

The Coalition will today hold its pre-selection following the departure of Michael Johnsen.

The United Nations is warning about one-third of the population of the Democratic Republic of Congo is facing acute hunger.

The United States is considering a joint boycott of the 2022 Winter Olympics in Beijing over China’s human rights violations.

The US State Department says the US would expect to be joined by its allies if it were to boycott the games.

And, the World Surf League’s Newcastle Cup has been called off today because of flat conditions.