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The expected 'COVID' recession hits harder than expected

Australian Treasurer Josh Frydenberg explains the National Accounts figures

Australian Treasurer Josh Frydenberg explains the National Accounts figures Source: AAP

Australia is now officially in a recession - the first in almost three decades - and a further 400,000 workers are expected to lose their jobs between now and Christmas.


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By Pablo Vinales

Source: SBS


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Australia is now officially in a recession - the first in almost three decades - and a further 400,000 workers are expected to lose their jobs between now and Christmas.


You can stay up to date on coronavirus in your language  at sbs.com.au/coronavirus


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