It's not all doom and gloom for the economy, despite Covid-19
It's not all doom and gloom for the economy, despite Covid-19
13 May 2020
ANZ chief economist Sharon Zollner says there's been a slight bounce in business outlook because of some good news.
Zollner says the lockdown has achieved its goal and commodity prices haven't tanked as much as expected.
She says Australia's also doing well against Covid-19, opening up the possibility of a trans-Tasman bubble and a lifeline for tourism.
Zollner says the situation's grim but it hasn't been the worst-case scenario, that many feared.
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