In today’s podcast, NAB Group Chief Economist Alan Oster discusses the following:

• Today we release our latest fortnightly consumption data and the results are encouraging: it looks like we have reached the bottom of consumption and are now seeing a slight improvement.
• That said, the challenge remains massive, especially for sectors like hospitality which have been essentially closed down.
• Government income support continues to support households. Without increased support, economic outcomes would have been much worse.

Listen to the full podcast now.