The Australian economy appears set to struggle over coming months. And its likely to have plenty of company from Europe through the Americas and Middle East, although China appears to be moving to a more normal footing.
Despite the substantial measures to provide household and business relief to maintain some economic activity in Australia, uncertainty and fear are most likely to restrict spending to necessities in the near term – consumer staples, communications, health and associated logistics.
Article written 3 April 2020.
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