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New OECD estimates suggest a 22% hit to Australia's economy

  • Written by Brendan Coates, Program Director, Household Finances, Grattan Institute
New OECD estimates suggest a 22% hit to Australia's economyShutterstock

New Organisation for Economic Co-operation and Development estimates paint a grim picture of the direct economic costs of public health measures to contain the spread of COVID-19, and the need for more government support to cushion the blow.

The estimates cover the economic hit to business that rely on face-to-face contact such as...

Read more: New OECD estimates suggest a 22% hit to Australia's economy

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