Article 5PHCP Australian economy survived Covid better than most but recovery could slow, OECD says

Australian economy survived Covid better than most but recovery could slow, OECD says

by
Paul Karp
from on (#5PHCP)

Australia should consider lifting unemployment benefits and greater cuts to emissions, 2021 economic survey says

Australia has weathered the economic downturn from Covid-19 better than most developed countries but could face a slower recovery when community transmission is higher, the OECD has warned.

That is the conclusion of the Organisation for Economic Co-operation and Development's 2021 economic survey of Australia, the first since the former finance minister Mathias Cormann took the helm in June.

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