debra9275
Community Member
In response to chameleon54

‎18-02-2021 07:57 PM - edited ‎18-02-2021 07:59 PM

@chameleon54 wrote:
@debra9275 wrote:

https://www.canberratimes.com.au/story/7089259/vic-economy-to-bounce-back-fastest-report/

 

 

Vic economy to bounce back fastest: report

 

 

The Deloitte Access Economics quarterly business outlook, released on Monday, forecasts the Victorian economy will grow 5.3 per cent in 2021, outpacing Queensland (4.6 per cent) and NSW (4.4 per cent).

"Victoria's recovery to date has been remarkable. Few at the height of the second wave could have envisaged Victoria would begin 2021 in such a favourable position," the report says.

The state's labour market also bounced back fasted than Deloitte first anticipated, with employment increasing 4.8 per cent in the two months to November.

 

 

published at the end of last month Jan 18th.. but you can google it yourself 4chan...  its all over the net

Common sense dictates that those states that have not suffered the same amount of economic damage as Victoria, have not got as far to rebound. Basically the economy has never really stopped in South Australia as our virus outbreaks have been jumped on quickly and snuffed out before they have got out of hand. ( South Australia pioneered the short sharp lockdown technique Andrews has copied in this latest outbreak )

 

But politics aside, on the Victorian economic bounce back, I genuinely wish you well. No-one wants to see one state lagging behind the rest as a result of the virus and when it is going well Victoria has the potential to be an engine room for the Australian economy.

the unemployment stats from each state were shown by Alan Kohler on ABC news tonight.... interestingly  alhough the economy has never stopped in South Australia...  the unemployment rate there is one of the highest, coming in at 7.1 compared to Vic. which is 6.3 despite the disruption to our economy. In NSW the unemployment rate is 6

0 Helpful