And now for the good news. The recession only has a few weeks left to run.
Actually, the news is even better. Most leading economists reckon the September quarter will show Australia's economy grew, even with the second-wave virus-induced shutdown in Victoria.
So, it seems by the time we found out we had experienced the worst downturn since the Great Depression, we'd already entered the next boom.
Read more: https://www.abc.net.au/news/2020-09-07/buckle-up-for-a-long-rough-ride-out-of-recession/12635378
