This recession is not like any other in living memory. Phase one involved a massive supply shock, phase two will involve dealing with a collapse in demand.
The coronavirus pandemic has caused the most extensive disruption in decades to economies, with far-reaching consequences.
The federal government should do five key things to keep more people working, says UNSW Business School labour markets expert Raja Junankar.
The global economy will never be the same again after the COVID-19 outbreak and neither will Australia in terms of how we work and how we engage with nature.
J.W. Nevile Fellow Tim Harcourt from the UNSW Business School explains how the coronavirus will affect the Australian economy; namely the services exports, tourism and education where the big impacts will be felt.
Weak GDP growth and the US-China trade dispute remain prominent economic challenges for 2020 according to UNSW's Professor Richard Holden.
More than good management and more than good luck, we've been blessed by delightfully fortunate timing.
The progress the Australian economy was making has been slowed or reversed, at exactly the wrong time.
Australia's trend unemployment rate remained steady in April 2019 at 5.1%, according to the latest information released by the Australian Bureau of Statistics (ABS).
Back in 2008, Australia got lucky. We are unlikely to get lucky again when the seemingly unending economic growth finally ends.