University of NSW finance professor Max Tani tells SBS Italian how the unemployment rate has doubled in four months and the latest development of the so called "oil price war".
The future of Australia, amidst growing unemployment and plummeting oil price
IMF spokesman Gerry Rice warns the coronavirus threat will have an impact on growth. Source: Getty Images
The unemployment rate is bound to reach 10 percent, according to the latest estimate from the Government. Around 1.4 million Australian will lose their jobs in the June quarter, as the IMF warns about the worst recession since 1930.
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