29 June 2020 Alan Oster Podcast – Coronavirus and the economy

NAB Group Chief Economist Alan Oster talks about the latest impacts of the Coronavirus. Listen now.

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

  • Victorian transmissions continue to climb, although the scale of the problem here is still small compared to countries like the US or Brazil. There is a mass testing blitz which will hopefully allow for virus containment here.
  • The IMF recently revised up its growth forecasts for Australia – good news in a tough environment. Local data has been mixed, with consumption surprising on the upside but unemployment on the downside.
  • The NAB Monthly Business Survey is currently in the field and the June results should give us a good idea of the state of play in the Australian business sector.

Listen to the full podcast now.