The introduction of stage 4 restrictions in Melbourne this month has resulted in a sharp fall in consumer sentiment and heightened fears over the state of Australia’s labour market. In this month’s podcast, Chief Economist Bill Evans and the Westpac Economics team investigate the likely implications for growth in the short and medium-term as well as the balance of risks. Following the dramatic developments of the past month, and with November’s US Presidential election nearing, the Australian and US dollar outlooks are also discussed. Any information provided in this podcast is general in nature and has been prepared without taking into account any personal circumstances.
Read the accompanying Market Outlook August 2020 report