ECONOMY

Biljana Nikolova, Customer Executive GEC explores the implications of the COVID-19 pandemic on Australia’s Education sector with Dean Pearson, Head of Economics Research and discusses with Jack Stevens (CEO, Edstart) how NAB and Edstart are supporting schools and parents during this challenging time.

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

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

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

The latest economic data from China continues to highlight some challenges in its recovery phase.

We have revised down our forecasts for global GDP and now expect -3.8% in 2020, while we expect Australian GDP to fall by 8.5%.

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

Large falls in consumption-based spending although the pace of decline looks to have stabilised. However business payment inflows have weakened further.

A massive contraction in global activity has occurred due to COVID-19.