COVID-19 recession is different – and we need more stimulus to deal with it.
- Written by Richard Holden, Professor of Economics, UNSW
Australia has done well on the public health front during the COVID-19 pandemic, thanks to decisive action by the National Cabinet in March. Australia has done better than most countries on the economic front, too, thanks to the federal government’s large fiscal measures.
But we are at a crossroads.
By September, we may well have...