RBA says we are in a W-shaped recovery, with housing one of the few concerns
- Written by: John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society and NATSEM, University of Canberra
RBA/The ConversationThe Reserve Bank has used Friday’s quarterly assessment of the economy to declare that lockdowns have “delayed but not derailed” Australia’s recovery.
It says economic activity probably contracted 2.5% in the three months to September, but the December quarter (the one we are in now) will regain most of...
Read more: RBA says we are in a W-shaped recovery, with housing one of the few concerns
