Deloitte’s Weekly economic briefing is bullish on the Australian economy, tipping growth “well ahead of many advanced economies and global averages” in 2021:
With more than 95 million COVID-19 vaccine doses already administered around the world, it seems that some of the COVID uncertainty might finally be receding. In Australia, the federal government’s vaccination program is slated to begin later this month, providing an opportune moment to take stock of where Australia sits in the global health and economic recovery.
The good news is that Australia is well positioned on both fronts. In a study released last week, the Lowy Institute ranked Australia 8th globally in terms of its health response to the pandemic, and 4th amongst countries with at least 15 million citizens.