Australia’s success in curbing Covid-19 infections is allowing it to slowly ease some restrictions even as it remains largely closed off from the rest of the world, taking its economy back to the pre-globalization era.
Mining and agriculture continue to support exports and a government-sponsored group is looking at ways to revive manufacturing. But the flow of foreign tourists, students and immigrants has been frozen, pinning hopes for a rebound on local consumption.
The closed borders and domestic reliance has the economy harking back to the 1980s, before the lifting of tariffs opened up trade and Paul Hogan offered to put another shrimp on the Barbie for international visitors.
Services Driven Nearly two-thirds of economic output from service industries
Australian Bureau of Statistics
Nominal gross value added, 2018-19
The capacity of services to quickly turnaround and the fact Aussies aren’t blowing savings on holidays abroad could help the nation fare better than many developed-world peers. Much will depend on the mood of households as unemployment rises, with a poor construction outlook adding to headwinds.
What Bloomberg’s Economists Say “Close to 1 million Australians per month traveled overseas in 2019. They will now be looking for a change of destination, heading to Noosa instead of Nusa Dua; Port Douglas, not Penang; and catching up with friends at bars in Melbourne Laneways, instead of Hong Kong’s mid levels. Containment measures change the economics of international travel.”
James McIntyre, economist
Household consumption, which makes up around 55% of the economy, has been boosted on the one hand by people stocking up on essentials during the lockdown, but hammered on the other as they couldn’t eat out or go to the movies. Shops and restaurants are gradually reopening but, for consumption to drive any rebound, households must put aside concerns over job security and debt to drive spending. That may be tough.
Wesfarmers Ltd. is seeing shift in consumer behavior across its retail portfolio. Home improvement and office products stores, Bunnings and Officeworks, have seen significant uplift in sales, while general merchandise stores, Target and Kmart, have seen sales slow.
Pessimistic households have consumption outlook seeming bleak Even before Covid-19, Australian households were among the most indebted in the developed world, with debt almost double disposable income. The threat of unemployment to people’s ability to meet their debts is now key, and the Reserve Bank of Australia has long acknowledged it as a major risk facing the economy.
The unemployment rate is currently 6.2%, with the central bank expecting it to peak at around 10%. Banks are offering repayment holidays to help tide homeowners over and have quadrupled provisions for an expected surge in bad debts.
Australia Passes Massive Stimulus Measures as Virus Spreads People wait in line outside a Centrelink office in the Bondi Junction suburb of Sydney, March 2020.Photographer: Brendon Thorne/Bloomberg The absence of skilled migration due to closed national borders will also hit pause on what had been steady stream of profitable mortgage lending for the banks. That could flow through to housing prices if sustained.
Commonwealth Bank of Australia said its base case is for an 11% fall in home prices, though in a prolonged downturn a cumulative 32% slump is possible. National Australia Bank Ltd. said in a severe downturn, prices could plummet 21% this year.
Uncertainty and job insecurity impacting property market Residential construction typically closely follows house price movements, and the sector was already scaling back activity following the previous flood of new stock still working its way into the market.
The RBA earlier this month said that indications from the initial stages of the development process suggests demand for new housing “has deteriorated significantly.” It expects dwelling investment to plunge 17% in the 12 months through June and remain a drag on growth until 2021.
Property investors have been hit by the six month moratorium on tenancy evictions during coronavirus. Without renewed interest from investors, it’s challenging to get a new apartment development, particularly of any size, into construction.
The same holds for business investment. Unless the project was already underway, or is related to creating a covid-safe environment, capital expenditure plans have been parked until demand returns.
Natural Endowment Things look brighter as you leave the cities. Internationally, Australia is known as a commodity powerhouse. While it accounts for just 10% of output, it is a key source of export income and prosperity in the country.
Iron ore shipments from Port Hedland, a key export hub, hit a record for April, while gold sales from Perth Mint -- the main refiner -- also surged. Fortescue Metals Group Ltd. lifted its projected annual iron ore shipments in a wager on China’s recovery. “We are selling everything we can possibly produce,” Chairman Andrew Forrest says.
Net exports important source of economic growth It’s less rosy for the liquefied natural gas producers. Just as the coronavirus sent the global economy into lockdown, Russia and Saudi Arabia began a standoff that sent oil prices tumbling below zero.
Top producers Woodside Petroleum Ltd. and Santos Ltd. have slashed spending plans and deferred flagship growth projects -- worth over $15 billion -- in line with drastic steps by energy majors worldwide to hunker down during the pandemic.
On The Sheep’s Back Virus Fears Grow In Sydney As Growing GDP Expected To Be Hit Rolls of toilet papers sit in an empty section of a supermarket in Sydney, March 2020..Photographer: Brendon Thorne/Bloomberg As supermarket shelves were stripped bare, a panicked nation was reminded of the sheer mass of food the country’s farmers produce. Domestic food production services more than 90% of fresh produce sold in supermarkets and still is able to more than match that amount in exports.
The industry could also become an unexpected source of employment. Backpackers and workers from Pacific Islands flock to rural areas to pick up work with seasonal tasks, but with borders shut and jobs being lost across the economy, farmers are likely turn to the local community for the extra labor.
Other producers have greater worries. Barley and meat exporters have been caught in China’s crosshairs in retaliation for Australia’s public call for an independent investigation of the coronavirus outbreak, while the wine industry is looking on nervously.
It’s been a tough year for wine, even before the virus. Clonakilla winery in New South Wales, north of Canberra, decided against producing a 2020 vintage after analysis showed unacceptably high levels of smoke taint from wildfires over the summer.
Exploring Our Own Backyard Australia's China Reliance Backfires as Virus Fallout Spreads Students sit on the grass at the University of Sydney, Feb. 2020.Photographer: Brent Lewin/Bloomberg The education industry was one of the first to feel the pinch from coronavirus restrictions. When the government imposed travel bans on flights from China in February, around 100,000 international students were unable to enter Australia to begin the academic year and left universities bracing for a costly fallout.
The University of Sydney, where students from China represented nearly one-quarter of the total student body, projected a A$470 million loss this year. Other institutions, including the University of Melbourne and Monash University, are bracing for similar hits. Even smaller regional institutions that don’t attract nearly the same level of international students have been affected.
With a lot of money at stake, there could be a relaxation of international border restrictions for students to study in Australia, before leisure travelers are allowed. But for businesses catering toward an offshore audience, demand is unlikely to snap back.
Qantas Airways Ltd. is currently operating just 1% of its network and has canceled overseas fights until at least the end of July. Its main competitor, Virgin Australia Holdings Ltd., collapsed into administration in April.
Virgin Australia Collapses After Pandemic Halts Air Travel Virgin Australia check-in kiosks inside a deserted Sydney Airport, April 2020. Photographer Brendon Thorne/Bloomberg Crown Resorts Ltd. and Star Entertainment Group Ltd., which both target big-spending visitors from Asia, were forced to close their casinos in Australia as the country locked down. Crown is just months away from completing a A$2.2 billion luxury gaming resort in Sydney.
The tourism industry was already reeling from the wave of cancellations following the December and January wildfires. The silver lining is that Australians will have no option but to spend holidays on home soil once inter-state travel is allowed again.
https://www.bloomberg.com/news/articles/2020-05-19/australia-goes-back-to-the-1980s-with-economy-closed-to-world?sref=s0L1qQ1H submitted by Thanks all for you recent suggestions.
I've added most, although I'm trying to keep them within a 2km walk from the stations.
Keep your input coming, and I'll update later in 2019.
Happy Christmas drinking.
MIDLAND LINE
Perth
McIver – Badlands Bar
Claisebrook – The Royal On the Waterfront, Whipper Snapper Distillery, Bright Tank Brewing Co.
East Perth – (Just over 1km )The Brisbane Hotel, The Queens Tavern
Mt Lawley – Loads here around intersection of Beaufort St & Walcott St, West of Station
Maylands – The Peninsula Tavern, Henry on Eighth, Swallow Bar, Inglewood Hotel
Meltham – The Civic Hotel
Bayswater – Bayswater hotel (Is a hotel for staying at, but has a bar and Bistro attached)
Ashfield
Bassendean – The Bassendean Hotel, The Cork and Bottle
Success Hill
Guildford – The Guildford Hotel, The Rose and Crown, The Stirling Arms
East Guildford - The Woodbridge Hotel
Woodbridge
Midland – The 7th Ave, The Principal, The Grand Central Hotel, The Commercial Tavern
JOONDALUP LINE:
Elizabeth Quay - (Loads of Pubs) The Lucky Shag Bar is Popular
Perth Underground – (Loads of Pubs) The Aviary is just above
Leederville – Loads of Pubs but: Niche Bar, Nowhereman Brewing Company, The Garden
Glendalough – These 3 are all nearly 2km. Pirate Bar, O.P’s Tavern, The Paddington Ale House.
Stirling
Warwick – The Carine Glades Tavern
Greenwood – Greenwood Sports Bar
Whitfords – Kingsly Tavern
Edgewater
Joondalup – The Sovereign Arms
Currambine - Currambine Bar and Bistro
Clarkson – The Whale & Ale
Butler – The Cornerstone Ale House
ARMADALE LINE
Perth
McIver - Badlands Bar
Claisebrook - The Royal On the Waterfront, Five 6 Eight
Perth Stadium Station – The Camfield (Stadium Bar – station only used on Weekends and Event days).
Burswood – Empire Bar, Blasta Brewing Co, The Casino has bars
Victoria Park – Broken Hill Hotel, Dutch Trading Company, Victoria Park Hotel, Decanter
Carlisle – The Carlisle Hotel, Daddy Long Legs, The Precinct (Wine Bar)
Oats Street – The Balmoral Hotel, Franklins
Welshpool – The Bentley Hotel
Queens Park
Cannington
Thornlie – Langford Ale House
Beckenham
Kenwick
Maddington
Gosnells – Gosnells Hotel
Seaforth
Kelmscott
Challis
Sherwood
Armadale – The Dale Bar & Bistro, Ye Olde Narrogin Inne
FREMANTLE LINE:
Perth - Shy John Brewery & Yum Cha,
City West
West Leederville - J.B. O'Reilly's
Subiaco – The Vic, Refuge Small Bar, The Village Bar, The Stanley, Paddy Maguires
Daglish – Wembly Hotel
Shenton Park
Karrakatta
Loch Street
Claremont – Claremont Hotel
Swanbourne
Grant Street
Cottesloe – Albion Hotel
Mosman Park - Rodney's Bait and Tackle
Victoria Street
North Fremantle – Mojo’s Bar, Mrs Brown Bar, Piggy Food Co, Railway Hotel, Swan Hotel
Fremantle
MANDURAH LINE:
Perth Underground - (Loads of Pubs) The Aviary is just above
Elizabeth Quay - - (Loads of Pubs) The Lucky Shag Bar is Popular
Canning Bridge – The Raffles Hotel
Bull Creek
Murdoch – The Bull Creek Tavern, The Murdoch Guild Tavern
Cockburn Central – The Gate
Aubin Grove - The Quarie Bar & Brasserie,
Kwinana
Wellard – The Well Tavern
Rockingham - The Swinging Pig (about 2.4kms from station), The Nags Head Tavern, Cooloongup, The Sporting Globe Bar and Grill.
Warnbro
Mandurah – The Sporting Globe Bar and Grill
submitted by Been 8 months since I did this list of pubs/bars/taverns near to train stations.
Any new places opened/name changes, let me know and I will update. Regardless, it's good to make it visible again anyway for any new Perth Redditors
Think the rule was places has to be within 2km of the station:
MIDLAND LINE
Perth - Loads North or South of the Station, but The Globe is close.
McIver – Badlands Bar
Claisebrook – The Royal On the Waterfront, Zesto Cafe
East Perth – (Just over 1km )The Brisbane Hotel, The Queens Tavern
Mt Lawley – Loads here around intersection of Beaufort St & Walcott St, West of Station
Maylands – The Peninsula Tavern, Henry on Eighth, Swallow Bar, Miss Kittys Saloon,
Meltham – The Civic Hotel
Bayswater – Bayswater hotel (Is a hotel for staying at, but has a bar and Bistro attached)
Ashfield
Bassendean – The Bassendean Hotel, The Cork and Bottle
Success Hill
Guildford – The Guildford Hotel, The Rose and Crown, The Stirling Arms
East Guildford - The Woodbridge Hotel
Woodbridge
Midland – The 7th Ave, The Principal, The Grand Central Hotel, The Commercial Tavern
JOONDALUP LINE:
Elizabeth Quay - (Loads of Pubs) The Lucky Shag Bar is Popular
Perth Underground – (Loads of Pubs) The Aviary is just above
Leederville – Loads of Pubs but Niche Bar & Fibber Mcgees are Closest
Glendalough – These 4 are all nearly 2km. Pirate Bar, O.P’s Tavern, The Paddington Ale House, Herdsman Lake Tavern
Stirling - Botanica Bar & Bistro, The Saint George Hotel
Warwick – The Carine Glades Tavern, The Greenwood Hotel
Greenwood – Greenwood Sports Bar
Whitfords – The Kingsly Tavern
Edgewater
Joondalup – The Sovereign Arms, Paddy Malones
Currambine - Currambine Bar and Bistro
Clarkson
Butler – The Cornerstone Ale House
ARMADALE LINE
Perth - Loads North or South of the Station, but The Globe is close.
McIver - Badlands Bar
Claisebrook - The Royal On the Waterfront, Zesto Cafe
Perth Stadium Station – The Camfield (Stadium Bar – station only used on event days).
Burswood – Empire Bar, Blasta Brewing Co, The Casino has bars
Victoria Park – Broken Hill Hotel
Carlisle – The Carlisle Hotel
Oats Street – The Balmoral Hotel (1.6km)
Welshpool – The Bentley Hotel
Queens Park
Cannington
Thornlie
Beckenham
Kenwick
Maddington
Gosnells – Gosnells Hotel
Seaforth
Kelmscott
Challis
Sherwood
Armadale
FREMANTLE LINE:
Perth - Loads North or South of the Station, but The Globe is close.
City West - Amphoras Bar, Black Tom's
West Leederville - J.B. O'Reilly's
Subiaco – The Vic, Refuge Small Bar, The Village Bar, Subiaco Hotel - Loads of bars here.
Daglish - Juanita's
Shenton Park - The Unicorn Bar
Karrakatta
Loch Street
Claremont – Claremont Hotel, Brooklyn Lounge
Swanbourne
Grant Street
Cottesloe – Albion Hotel, Ocean Beach Hotel (known as The OBH 1.5kms), Cottesloe Beach Hotel
Mosman Park - Rodney's Bait and Tackle
Victoria Street
North Fremantle – Mojo’s Bar, Mrs Brown Bar, Piggy Food Co
Fremantle - Loads here: National Hotel, Newport Hotel, Sail & Anchor, Little Creatures
MANDURAH LINE:
Perth Underground - (Loads of Pubs) The Aviary is just above
Elizabeth Quay - - (Loads of Pubs) The Lucky Shag Bar is Popular
Canning Bridge – The Raffles Hotel, Mount Henry Tavern
Bull Creek
Murdoch – The Bull Creek Tavern, The Murdoch Guild Tavern
Cockburn Central – The Gate
Aubin Grove - The Quarie Bar & Brasserie,
Kwinana
Wellard
Rockingham - The Swinging Pig (about 2.4kms from station)
Warnbro - Drop Inn (about 2.5km)
Mandurah
submitted by So, the contributions have stopped coming in now.
Have had a lot of help, so thank you all very much.
Am gonna list all I have below.
If you have any more suggestions/comments, let me know, and I'll add them here.
Thanks all again - I hope people of Perth find this useful if they are planning any pub related activities around trains...
Overseas travelers reading this: Be advised that Australia often uses the work "Hotel" to describe a pub. You will likely find an old (For Perth) Hotel, which has been modernized, and no longer offers accommodation, just booze. Yeah - I don't understand it either...
So, without further ado:
MIDLAND LINE
Perth - Loads North or South of the Station, but The Globe is close.
McIver – Badlands Bar
Claisebrook – The Royal On the Waterfront, Zesto Cafe
East Perth – (Just over 1km )The Brisbane Hotel, The Queens Tavern
Mt Lawley – Loads here around intersection of Beaufort St & Walcott St, West of Station
Maylands – The Peninsula Tavern, Henry on Eighth, Swallow Bar, Miss Kittys Saloon,
Meltham – The Civic Hotel
Bayswater – Bayswater hotel (Is a hotel for staying at, but has a bar and Bistro attached)
Ashfield
Bassendean – The Bassendean Hotel, The Cork and Bottle
Success Hill
Guildford – The Guildford Hotel, The Rose and Crown, The Stirling Arms
East Guildford - The Woodbridge Hotel
Woodbridge
Midland – The 7th Ave, The Principal, The Grand Central Hotel, The Commercial Tavern
JOONDALUP LINE:
Elizabeth Quay - (Loads of Pubs) The Lucky Shag Bar is Popular
Perth Underground – (Loads of Pubs) The Aviary is just above
Leederville – Loads of Pubs but Niche Bar & Fibber Mcgees are Closest
Glendalough – These 4 are all nearly 2km. Pirate Bar, O.P’s Tavern, The Paddington Ale House, Herdsman Lake Tavern
Stirling - Botanica Bar & Bistro, The Saint George Hotel
Warwick – The Carine Glades Tavern, The Greenwood Hotel
Greenwood – Greenwood Sports Bar
Whitfords – The Kingsly Tavern
Edgewater
Joondalup – The Sovereign Arms, Paddy Malones
Currambine - Currambine Bar and Bistro
Clarkson
Butler – The Cornerstone Ale House
ARMADALE LINE
Perth - Loads North or South of the Station, but The Globe is close.
McIver - Badlands Bar
Claisebrook - The Royal On the Waterfront, Zesto Cafe
Perth Stadium Station – The Camfield (Stadium Bar – station only used on event days).
Burswood – Empire Bar, Blasta Brewing Co, The Casino has bars
Victoria Park – Broken Hill Hotel
Carlisle – The Carlisle Hotel
Oats Street – The Balmoral Hotel (1.6km)
Welshpool – The Bentley Hotel
Queens Park
Cannington
Thornlie
Beckenham
Kenwick
Maddington
Gosnells – Gosnells Hotel
Seaforth
Kelmscott
Challis
Sherwood
Armadale
FREMANTLE LINE:
Perth - Loads North or South of the Station, but The Globe is close.
City West - Amphoras Bar, Black Tom's
West Leederville - J.B. O'Reilly's
Subiaco – The Vic, Refuge Small Bar, The Village Bar, Subiaco Hotel - Loads of bars here.
Daglish - Juanita's
Shenton Park - The Unicorn Bar
Karrakatta
Loch Street
Claremont – Claremont Hotel, Brooklyn Lounge
Swanbourne
Grant Street
Cottesloe – Albion Hotel, Ocean Beach Hotel (known as The OBH 1.5kms), Cottesloe Beach Hotel
Mosman Park - Rodney's Bait and Tackle
Victoria Street
North Fremantle – Mojo’s Bar, Mrs Brown Bar, Piggy Food Co
Fremantle - Loads here: National Hotel, Newport Hotel, Sail & Anchor, Little Creatures
MANDURAH LINE:
Perth Underground - (Loads of Pubs) The Aviary is just above
Elizabeth Quay - - (Loads of Pubs) The Lucky Shag Bar is Popular
Canning Bridge – The Raffles Hotel, Mount Henry Tavern
Bull Creek
Murdoch – The Bull Creek Tavern, The Murdoch Guild Tavern
Cockburn Central – The Gate
Aubin Grove - The Quarie Bar & Brasserie,
Kwinana
Wellard
Rockingham - The Swinging Pig (about 2.4kms from station)
Warnbro - Drop Inn (about 2.5km)
Mandurah
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