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Men's Weekly

New OECD estimates suggest a 22% hit to Australia's economy

  • Written by Brendan Coates, Program Director, Household Finances, Grattan Institute
New OECD estimates suggest a 22% hit to Australia's economyShutterstock

New Organisation for Economic Co-operation and Development estimates paint a grim picture of the direct economic costs of public health measures to contain the spread of COVID-19, and the need for more government support to cushion the blow.

The estimates cover the economic hit to business that rely on face-to-face contact such as...

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More Articles ...

  1. Delivery workers are now essential. They deserve the rights of other employees
  2. For public transport to keep running, operators must find ways to outlast coronavirus
  3. A major scorecard gives the health of Australia's environment less than 1 out of 10
  4. Thinking like a Buddhist about coronavirus can calm the mind and help us focus
  5. Public gatherings restricted to two people and all foreign investment proposals scrutinised, in new coronavirus measures

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