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81 November, 2020 Australia Global: 21 Availability: 17 Cost: 69 Regulation: 15 Productivity: 30 2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 15) Region: 6 Availability: 4 Cost: 14 Regulation: 3 Productivity: 13 Remote Readiness 7 Remote Readiness 23 Australia has spent over $157 billion USD in response to the Covid-19 pandemic. The measures to mitigate the impact on the economy include: JobKeeper wage subsidies to keep workers in jobs Income support for households on federal government benefits and a home care package for seniors Jobtrainer skills package to provide training opportunities and provide wage subsidies for trainees JobMaker program to stimulate recovery and the Homebuilder program to support the construction sector State/territory governments also included payroll tax relief, discounted utility bills and cash payments to vulnerable households Both the federal and state governments are investing in green technologies to stimulate jobs https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19 Borders are closed with exceptions for returning Australian citizens, residents and family and for people who have been in New Zealand for the previous 14 days. Arrivals to Australia generally need to quarantine for 14 days. Schools, shops and services are open although some local restrictions may be applied. Some restrictions on interstate travel. 11.7% 8.8% 0% 20% Australia Regional Ave. % of GDP Australia Q4 2019* Q4 2020* % Change YOY Total Workforce 13.66M 13.73M +0.6% Unemployment Rate (%) 5.3% 7.0% +32% Unemployed Workers 724K 961K +33% Manpower 2020 Total Workforce Index Workforce Statistics Covid-19 Situation Covid-19 Government Spend as % of GDP Border Closures and Restrictions Additional Government Spending and Foregone Revenue to September 2020 Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis) *Reported figures at Q4 each year https://covid19.who.int/ https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in- Response-to-COVID-19 Other Sources: https://data.worldbank.org/ https://ilostat.ilo.org/ https://home.kpmg/xx/en/home/insights/ https://www.gov.uk/foreign-travel-advice United States Embassy https://tradingeconomics.com/ https://www.abs.gov.au