14.5 C
Munich

Australia coronavirus – Sydney and Victorian lockdowns will cost the country $10bn

Must read


An ICYMI on a report from KPMG, the consultancy estimate up to 1.5% will be stripped from GDP  growth in Q3

  • based on shutdowns of 40 days across Greater Sydney and 10 days in Victoria
  • cost being mainly copped by private businesses and privately employed workers

Add this in to the projections for an economic slowdown from, for example:

Sydney and Melbourne are Australia’s largest and second-largest cities (by far) in Australia’s largest and second-largest states (by population). 
An ICYMI on a report from KPMG, the consultancy estimate up to 1.5% will be stripped from GDP  growth in Q3

Invest in yourself. See our forex education hub.



Source link

- Advertisement -spot_img

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -spot_img

Latest article