Waiting for the rebound after Q3 lockdowns.
Confidence rebounds on the back of roadmaps, vaccination.
Alan Oster, NAB’s Group Chief Economist, shares his view on the different impacts COVID-19 has had on industries and provide a broader macroeconomic outlook on the Australian economy.
A near term hit to GDP before the recovery continues.
Confidence and conditions tick up.
GDP to fall but recovery will resume as lockdowns end.
Confidence and conditions fall further with ongoing lockdowns.
Wellbeing up & now at its highest level since 2019. Resilience is building, but wellbeing is falling for the unemployed & low income earners. NSW lockdown a key risk.
Lockdown disruptions but expect recovery to continue.
Confidence falls on virus fears.