Growth weak as consumers remain on sidelines.
Report
April 6, 2020
6 April 2020 Alan Oster Podcast – Coronavirus and the economy
NAB Group Chief Economist Alan Oster talks about our future GDP and the impact on different industries Listen now.
In today’s podcast, NAB Group Chief Economist Alan Oster discusses the following key points:
- Australian new case growth continues to slow – a very welcome sign.
- Government stimulus continues to underwrite the economy, likely alleviating the worst impacts. But more stimulus – and for longer – could well be needed. Probably too early to say though.
- Global growth has been hit very badly and will likely be negative in 2020. China is restarting its economy and we will closely watch the progress on this front.
Listen to the full podcast now.
