The negative impact on economic activity of restrictions aimed at containing the spread of covid-19 are showing in many economic indicators released in major economies during April. Sharp reductions are showing in March and April reports and early reports of Q1 GDP...
Covid-19 and the necessary health measures taken to contain its spread could create the deepest recession in Australia since the depression of the 1930s. In terms of measured change in GDP over a short period of say 6 months through the middle of 2020 there could be...
With the recent announcement by Fitch Ratings of downgrades of the major banks long term credit ratings and Standard & Poors putting Australia’s sovereign rating on negative outlook we thought it would be worth updating our clients on how this, together with...
