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Economics

Australia's AAA rating at risk

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
S&P Global Ratings revised Australia's AAA credit rating outlook to negative in the wake of the economic impacts of COVID-19.

Economic impact worst since WWII: Research

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
The economic impact of the COVID-19 pandemic is the biggest shock to the Australian economy since World War II, according to Roy Morgan.

Chief economist update: Credit ratings downgrades versus fiscal salvation

BENJAMIN ONG  |  THURSDAY, 9 APR 2020
Japan's credit rating will certainly take a hit but its increased fiscal measures could save the economy.

Chief economist update: COVID-infected Aussie stats trickle in

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2020
To paraphrase Philip Lowe, Australia may not be able to avoid a recession this time, but the coordinated monetary and fiscal response should keep it shallow.

A coronavirus-bitten cat bounce?

BENJAMIN ONG  |  TUESDAY, 7 APR 2020
Statistical evidence that the rate of deaths and infections from the coronavirus had been slowing have heartened equity market investors everywhere - from New York to Rio and ol' London town - underscored by the surge on Wall Street overnight.

Chief economist update: Different contagion, same fiscal policy divide

BENJAMIN ONG  |  MONDAY, 6 APR 2020
The ECB fought the threat of contagion from Grexit and won. Eurozone member governments must band together to win against the coronavirus contagion if they are to preserve the unity of the single-currency grouping.

US faces deepest recession on record

ALLY SELBY  |  FRIDAY, 3 APR 2020
The US is facing a COVID-19 triggered recession that will be the worst on record, according to Bank of America economists.

Pandemic response concerns overblown

HARRISON WORLEY  |  FRIDAY, 3 APR 2020
Deloitte Access Economics is urging Australians to leave their concerns about the budgetary impact of Australia's response to COVID-19 at the door.

The shape of recovery

ELIZA BAVIN  |  FRIDAY, 3 APR 2020
It's time to start thinking about recovery and what shape it might take; a U, a V or as some think, maybe even the Nike swoosh tick.

Chief economist update: Oil gush

BENJAMIN ONG  |  FRIDAY, 3 APR 2020
If financial markets are going to time the beginning of the end - that is, when equity markets started their slippery slide into where we are now - it'll be 9 March 2020. Mark my words.