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| This was the forecast in May 2020. The drop predicted was pretty much spot on. Ditto the recovery. |
… so says the Chief Executive of the Commonwealth Bank.
Unemployment dropped sharply to 5.1%, with more jobs than predicted being created in the last quarter.
Airline bosses are saying that booking numbers are 110% of ore-Covid levels.
This all despite Covid, which shit Australia off from the rest of the world. It shut its doors and they remain shut, AFAIK. Shows international tourism not as critical as thought?
Also despite China acting like a bulky by blocking Australian exports: coal, iron ore, wine, etc… showing export sector not as critical as thought?
