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The chart that shows why lockdowns in Sydney and Melbourne could send the whole economy into reverse – Sydney Morning Herald

A lot depends a lot on how quickly Australia’s twin economic giants, Sydney and Melbourne, can bounce back after lockdown.

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The winter lockdowns in Sydney and Melbourne threaten to push the whole economy into reverse.
Prior to the restrictions Australia was bouncing back strongly from last years deep recession. But a shadow has been cast over the recovery a growing band of economists…

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