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COVID-19 pandemic has hit economy harder than the Great Depression

Secretary to the Treasury Dr Steven Kennedy appears before a Senate Select Committee on COVID-19 (

Secretary to the Treasury Dr Steven Kennedy appears before a Senate Select Committee on COVID-19 Source: AAP

Businesses and jobs will be permanently lost due to the coronavirus pandemic, which has caused a faster economic shock than the Great Depression.


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By Sonia Lal, Brett Mason

Presented by Jin Sun Lane

Source: SBS




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Businesses and jobs will be permanently lost due to the coronavirus pandemic, which has caused a faster economic shock than the Great Depression.



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