COVID-19

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About the Bounce.

The economic modelling that we are currently seeing is that for the next six months we are going to see a massive downturn in the economy, with specific sectors being harder hit than others. Already supply chain weaknesses are being exposed where organisations are relying on Chinese imports and this will have a flow-on effect to retail, online shopping and even construction as the supply of building products starts to be impacted. Combine this with the impact this virus is having on tourism, events, sports, cinema and hospitality it is fair to say there are some rough seas ahead for many Australians. 

 

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