Consumer drives amazing recovery from delta lockdowns

Video

The Australian economy awoke from its slumber and staged an amazing rebound from the shock of the Delta lockdowns. Households, awash with savings, unleashed pent-up demand after lockdowns lifted across the largest states of New South Wales and Victoria.

But downside risks are growing.

The horrible war in Ukraine is a humanitarian tragedy that will impact the lives of millions of people. The war is also affecting key commodity prices, including oil, natural gas, and wheat.

Hear from Jarek Kowcza, Senior Economist to find out what this means for economic outlook.

For more information on what’s happening in investment markets, visit our Super news and insights page or speak to your financial adviser.

Economic Insights: 3 March 2022

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