Market Outlook in conversation

Market Outlook August 2021 - chief economist Bill Evans and the team investigate the economic cost of Delta’s global spread

Episode Summary

This month, Chief Economist Bill Evans and the team investigate the economic cost of Delta’s global spread. For Australia, the outlook has been revised lower and near-term risks are skewed to the downside. However, we remain confident of a strong recovery into 2022.

Episode Notes

Key themes discussed this month include:

• Delta, the immediate economic cost, the necessary conditions for recovery, and considerations for the RBA (Chief Economist Bill Evans)
• Australia’s lockdowns and the chance of recession in 2021 6:20 min (Senior Economist Andrew Hanlan)
• The sensitivity of consumer and business confidence to 2021’s outbreaks 9:50 min (Senior Economist Matthew Hassan)
• Labour market dynamics of an Australian lockdown 15:40 min (Senior Economist Justin Smirk)
• Australia’s vaccine rollout, an indicative timeline and how we compare globally 20:05 min (Economist Lochlan Halloway)
• Delta’s spread, a global perspective on the economic and FX consequences 24:00 min (Senior Economist Elliot Clarke).

Any information provided in this podcast is general in nature and has been prepared without taking into account any personal circumstances.