Australia & COVID-19 The Economic Story So Far – August 2020

What do the key indicators tell us about 2020 so far? During the COVID-19 crisis, the ANZ-Roy Morgan Consumer Confidence Index, Roy Morgan Business Confidence Index and Inflation Expectations all hit new record lows and Unemployment reached its highest level since Roy Morgan began independently measuring it more than two decades ago.

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What do the key indicators tell us about 2020 so far?

During the COVID-19 crisis, the ANZ-Roy Morgan Consumer Confidence Index, Roy Morgan Business Confidence Index and Inflation Expectations all hit new record lows and Unemployment reached its highest level since Roy Morgan began independently measuring it more than two decades ago.

Clearly, many unenviable records have been set as Australia deals with the COVID-19 pandemic. But there have been hopeful signs amid the gloom.

Government and business turn to Roy Morgan for key measures on Consumer Confidence, Business Confidence, Inflation Expectations and real Unemployment.

RoyMorgan Economy Update

Australian Government investing 314 billion dollars to support the Covid affected economy.Australia; Still the Best Place to live..!

Australia; Still the Best Migration Destination in the world.

This economy update is by Fairfields Lawyers

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