Australia bans international travel and indoor gatherings of 100 people. View this email via your browser

10 things you need to know this morning in Australia Scott Morrison has announced a raft of new measures around the coronavirus. The travel advice for the entire world has been updated to level 4 – meaning 'do not travel'. He also banned indoor gatherings of more than 100 people.

Virgin Australia will suspend all flights out of the country for more than 2 months and cut half of all domestic flights as well All internatioanl Virgin Australia flights will be cancelled for two and a half months. Between 31 March and 14 June, all international flights will be suspended.

The coronavirus crisis hasn't smashed the property market yet, but that could be about to change The coronavirus has begun to soften auction clearance rates, as less people turn out to auctions in capital cities. As the outbreak continues, and the economy weakens, property sales are expected to suffer in the short-term.

An estimated $47 million has been lost in Australian creative industries because of gigs and events cancelled due to the coronavirus A website called I Lost My Gig has been set up in Australia to track how people from creative industries have been impacted by cancelled events due to the coronavirus.

Australia is running headlong into a recession, according to economists – its first in nearly 30 years Australia is about to enter a recession, according to 87% of economists in the latest Finder survey. Economic consultancy firm Capital Economics says the prospect now looks "very likely", with restrictions on travel and gatherings expected to push GDP growth for the first half of the year into negative territory.

Indoor gatherings of 100 people or more will be banned in Australia to slow the spread of coronavirus, Scott Morrison has announced Australians are now subject to a ban on indoor gatherings of 100 people or more This is in addition to the ban on outdoor gatherings of 500 people or more.

Australia issues its highest travel advisory ever, warning citizens not to travel overseas as coronavirus spreads Australia issued its highest travel warning on Wednesday, advising citizens not to travel overseas to any country.

Qantas and Jetstar are cutting international flights by 90% as demand plummets due to the coronavirus outbreak Qantas and Jetstar are cutting international flights by 90% and domestic flights by 60% as travel restrictions multiply, triggered by the coronavirus.

ALDI joins Coles and Woolworths in putting purchase restrictions on some items, including toilet paper, flour and rice ALDI Australia has followed Coles and Woolworths in placing purchase limits on high-demand items during the coronavirus outbreak. Items including toilet paper, pasta, and flour are restricted.

People may need to work from home and limit socialising for more than a year until a coronavirus vaccine is available, researchers say As countries around the global fight the spread of the novel coronavirus, a new report by Imperial College London suggests social distancing may be needed until a vaccine is available.

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