Australia's economy has moved out of recession

Treasurer Josh Frydenberg during Question Time in the House of Representatives at Parliament House in Canberra, Wednesday, December 2, 2020. (AAP Image/Mick Tsikas) NO ARCHIVING

Treasurer Josh Frydenberg at Parliament House in Canberra, Wednesday, December 2, 2020 Source: AAP

Encouraging figures for the economy show that Australia has come out of recession. Incomes are high - but that's because of government stimulus - and Victoria's shutdown meant limited opportunities to spend the money that was earned. But now, as Zuzana Kovačičová reports, businesses are hoping consumers will tap into these excess funds, to make for a more confident future.



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Australia's economy has moved out of recession | SBS Slovak