Governor delivers sombre economic outlook, predicts loss of businesses
The unemployment rate is likely to remain above 6 per cent over the next couple of years, the Reserve Bank Governor said in a speech on Tuesday, warning that we can expect to “lose some businesses” in the months ahead.
Governor delivers sombre economic outlook, predicts loss of businesses
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April 22, 2020
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According to Governor Philip Lowe the twin health and economic emergencies that we are experiencing now will cast a shadow over our economy for some time to come, requiring companies to rethink their business models in order to adapt.