First stage of 'road back' will boost monthly GDP by $3.1 billion and jobs by 252,500: Frydenberg
- Written by Michelle Grattan, Professorial Fellow, University of Canberra
Improved demand including in the retail sector and the re-opening of schools will be the largest contributors to an estimated $9.4 billion monthly rise in GDP from the planned three-stage lifting of COVID restrictions, according to Treasury estimates.
The first stage of easing, which the states are now implementing at varying paces, will increase...