Posted inAustralia & New ZealandBypassCOVID-19EconomyRegulation

Australian Economists Brace For Bigger GDP Slump With Sydney Under Lockdown Until Late August

SYDNEY — The Australian economy is facing its biggest jolt since the depths of last year’s recession, with the Sydney lockdown extended until the end of August. Economists have further downgraded their forecasts for the national economy in the September quarter, expecting it to head towards a steep contraction. The Greater Sydney area is the country’s […]