Take Ten this Friday: QIC’s Economic Foresights – 10th July - a podcast by QIC

$1 billion a week. That’s what the Treasury is estimating the Melbourne lockdown is costing the Australian economy. Listen to Dr Matthew Peter, our Chief Economist, in conversation with Craig Balenzuela to get the full story about the economic impact from Victoria’s ‘second wave’. Dr Peter also addresses:
How the unemployment tidal wave has swept across the hospitality sector into the service sector – and what that is signalling
The need for more targeted fiscal policies to support the economy in the absence of the Jobkeeper or Jobseeker extension
Why Australia’s superannuation system should have the policy certainty is needs to fulfil its long-term objectives
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