30-03-2020, 02:36 AM
2465
Re: Chinese Coronavirus
In god's own country more restrictions enacted today:
Foreign buyers will be slapped with tougher rules to prevent them acquiring Australian companies during the coronavirus crisis amid plunging share prices and fears of predatory takeovers.
Treasurer Josh Frydenberg moved on Sunday night to slash a key takeover threshold from $1.2 billion to zero in order to ensure any overseas bid could be blocked at his discretion after scrutiny by federal officials.
Australians aged over 70 have been urged to remain at home and all outdoor gatherings will be restricted to just two people, as Prime Minister Scotty from Marketing imposed a further social crackdown on Sunday night to slow the spread of the coronavirus.
All Australians have now been told to leave their homes only to shop for food or other essential supplies, to seek medical care, to exercise under public gathering rules or for work and education if these cannot be conducted remotely.
In Victoria, Premier Daniel Andrews said people will face an on-spot-fine of more than $1,600 if you breach the two-person rule.
In South Australia, the fine will be $1,000.
For NSW, Premier Gladys Berejiklian said authorities would be cracking down on those breaking the two-person rule and wanted everyone to start practising it from today.
ACT Chief Minister Andrew Barr said the first phase would be about education and warnings, but the second phase would include the capacity for police to issue fines.
In Tasmania, Premiere Peter Gutwein said police would enforce the rule. "You will be able to be arrested. You will be charged and summonsed," he said.