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

• The JobKeeper package has now passed parliament and will provide very welcome assistance to keep people in jobs. That said we still expect unemployment to jump markedly.
• Keeping a lid on cases will be a major challenge, as seen in Singapore. This suggests a fairly slow reopening of activity in Australia.
• Agriculture provides some welcome good news, with most agricultural commodity prices shaping up very well. In addition, we are on track for a good season if rainfall continues to perform.

Listen to the full podcast now.