News / 15.05.2020

Unprecedented Times Require Extraordinary Solutions Covid-19 is the most significant and unprecedented event of our times. The strict social distancing measures that were rolled out starting in early March have helped flatten the curve, thus avoiding the possibility of mass infection rates in Australia similar to what occurred in other parts of the world such as Europe and the US. However, it was evident early on that these measures and the pandemic in general would have drastic consequences for the economy. In the June quarter the GDP is forecast to fall by more than 10% while the unemployment rate is predicted...