Business
CBA chief Comyn says end of JobKeeper will be economy’s biggest challenge – Sydney Morning Herald
The head of Australia’s biggest bank calls for ongoing government stimulus and predicts a long and uneven economic recovery.
“One of the biggest challenges for Australia in 2021 and beyond will be how effectively we can move from the substantial and I think very effective income support thats been in place, to one of fiscal stimulus generating aggregate demand and new jobs” Mr Comyn said.
No ‘V-shaped’ recovery, but a ‘grind’
Mr Elliott said it was unlikely there would be a “V-shaped” bounce-back without a resumption of tourism or international student arrivals, predicting the recovery would be more of a “grind”. He…
-
General15 hours agoAsia stocks plunge, HK suffers steepest fall since 1997
-
Noosa News20 hours agoDistress call sparks rescue operation for capsized sailor near North Stradbroke Island
-
Business20 hours agoBell Potter names more of the best ASX 200 stocks to buy in April
-
Noosa News19 hours agoTeenager sentenced to 12 years for ‘heinous’ Acacia Ridge murder