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COVID-19 to cost Australia $170 billion and women will bear the brunt – Sydney Morning Herald

The coronavirus recession will cost Australia at least $170 billion and up to $440 billion over five years, with low-skilled women to bear much of its cost.

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In Australia’s case, the economy does not return to its pre-virus level until at least 2022. Between this year and 2025, the economy will take a cumulative hit of $220 billion, which could reach $446…

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