Business
Smile! 2021 will be an awesome year
It’s been a pretty ordinary 2020. But Australian investors have every reason to be optimistic, according to multiple experts.
Notwithstanding the current COVID-19 resurgence in NSW, Commonwealth Bank of Australia (ASX: CBA) chief economist Stephen Halmarick said the country had dealt with it well.
“Australia has done a better job than just about any other nation in controlling the spread of the virus,” he said.
“The human toll of the sharp rise in the unemployment rate has been very real. But the outlook for Australia is improving.”
The coronavirus undoubtedly impacted financial markets and consumer confidence — but the effect ended up being less than originally feared.
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