Mostly strong economic reports from the major developed economies continued during July although the spread of the delta Covid-19 variant clouds an otherwise robust global economic growth outlook. An important underpinning for stronger growth remains in play, however,...
Changing covid restrictions in Sydney and Melbourne over the past week will hurt Australia’s Q3 GDP growth rate more than we previously forecast. The introduction of a harder lockdown in Sydney over the weekend including for the first time the construction industry,...
Australia’s growing economy is hitting a Covid speed bump. The economic recovery has barely missed a beat with the brief Brisbane and Perth Q2 Covid shutdowns in Q2 as well as the longer shutdown in Melbourne, but the current shutdown in Sydney is occurring from the...