General
CBA, ANZ slash economic forecasts on Sydney COVID-19 lockdown
Australia’s economy is set for a dramatic fall in the current September quarter, as the cost of Sydney’s extended lockdown blows out to many billions of dollars.
Key points:
- ANZ is forecasting a 1.3 per cent economic contraction in the current quarter, CBA a 2.7 per cent slump
- Click here to view the original article.
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