Economic consultants, AlphaBeta, have updated their real time tracker on the Morrison Government’s stimulus package, which shows that it is helping to buttress the Australian economy:
AlphaBeta & illion’s real time tracker shows total spending per person fell to 18 per cent below normal levels last week (see chart below).
THE STIMULUS IS DEFINITELY HELPING
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Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
