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The Times

Victorian COVID crisis to deliver $3.3 billion hit to nation's growth in September quarter

  • Written by Michelle Grattan, Professorial Fellow, University of Canberra

The reintroduction of restrictions in Victoria in response to its COVID second wave will reduce national growth by $3.3 billion, or about 0.75% of GDP, in the September quarter, according to estimates in Thursday’s economic statement.

Despite Scott Morrison’s determined note of optimism, the statement will confirm a highly confronting...

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