September 3, 2020

3 September 2020 Alan Oster Podcast – Coronavirus and the economy

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

  • National accounts for Q2 were released yesterday and were more negative than we expected (-7 vs our expectations around -5).
  • This data predates the Victorian second wave lockdowns of July and August and we expect further weakness, particularly in Victoria, in Q3
  • We will release our latest fortnightly consumption data tomorrow, followed by the NAB Monthly Business Survey next Tuesday.

Listen to the full podcast now. If listening on a mobile device, click listen in browser.