Coronavirus: we’ve barely scratched the surface of the economic contagion

Normally, I strut into a New Year full of motivation, inspiration and sass. Much like an underfed clothes horse down a Chanel runway. But this year, I’m a touch diffident — not scared or deterred –- just a little more cautious. Unemployment is lower than expected, a vaccine will shortly roll out in Australia, and the punters are spending like Aristotle Onassis. The glass tells me it is half full. 

Certainly, compared to how things were looking last March, our health and economy are in better shape than we could have imagined. At a federal level, the Liberal government went full baller with JobKeeper, JobSeeker, HomeBuild and all manner of cash splashing to soften the blow. The Federal budget read less…