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Economy to recover strongly, but wages and jobs will not – Sydney Morning Herald

Economy will bounce out of recession from 2021, but it will be a jobless turnaround with wages set to flatline for years.

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But after that, the firm expects the economy to grow by 5.3 per cent in 2021-22 and then 4 per cent the following year. After big falls in 2020-21, private consumption, housing construction and priva…

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