Coronavirus, part three: the economics of a shutdown

With hundreds of thousands of Australians losing their jobs, the economic cost of coronavirus is becoming clear. On Monday the government passed its stimulus measures through parliament, but there’s questions over whether it will be enough. Today, chief economist at The Australia Institute Richard Denniss on how we can get through the next 18 months. Guest: Chief economist at The Australia Institute Richard Denniss.Background reading:How Australia can avoid economic collapse in the wake of Covid-19 in The Saturday PaperThe Saturday PaperThe MonthlyFor more information on today’s episode, visit 7ampodcast.com.au.See acast.com/privacy for privacy and opt-out information.See omnystudio.com/listener for privacy information.