Some economists - including Stephen Koukoulas - predict the day of mourning will cost the Australian economy around $1.5 billion dollars. And he says that doesn't include the associated penalty payments.
Big bill for the snap public holiday
Events like this one at the 2019 AFL Grand Final Event are going to cost a lot more Source: Supplied / Supplied
An unexpected snap public holiday has left some parents, schools, essential workers and businesses scrambling. On the 22nd of September, employers will either close their doors for a national public holiday to mourn the death of Queen Elizabeth the second - or stay open and pay higher wages to employees. The prime minister has defended the announcement amid criticism from business and industry leaders.
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