Australia’s Relative Success in Virus Control Means Recession Downturn Not as Deep

Australia’s Relative Success in Virus Control Means Recession Downturn Not as Deep
Boxing Day shoppers are seen in the David Jones Elizabeth Street store on December 26, 2019 in Sydney, Australia. Jenny Evans/Getty Images

A prominent economist believes Australia’s relative success in protecting lives during the pandemic is why the nation’s first recession since the early 1990s is not as deep as other economies.

“That’s not rocket science,” Deloitte Access Economics partner Chris Richardson told the National Press Club in Canberra on Sept. 9.

Association of Academic Physiatrists (AAP)
Association of Academic Physiatrists (AAP)
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