23 April 2020 Alan Oster Podcast – Coronavirus and the economy
NAB Group Chief Economist Alan Oster talks about the latest impacts of the Coronavirus. Listen now.
In today’s podcast, NAB Group Chief Economist Alan Oster discusses the following key points:
- ABS data this week showed a sharp reduction in payrolls but a record jump in retail sales in March as consumers stocked up on food and drink.
- There is a small chance that Q1 GDP will be positive, although this is not our central case. Overall we are in the midst of a sharp recession.
- Australia’s fight against the virus continues to show success, with very low case growth. We still expect it will be some time before the economy is re-opened.
Listen to the full podcast now.
About the Author
NAB’s Group Economics consists of a leading team of economists who provide accurate, timely and relevant updates on domestic, international and industrial economic trends.
Headed up by the Group Chief Economist, Alan Oster, the team is comprised of three distinct departments:
- Australian economics and commodities
- International economics
- Industry economics
The team publish a wealth of content including reports, surveys, forecasts and indexes.
