Grattan tracks haemorrhaging Aussie economy

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The Grattan Institute has released a new Australian economy COVID-19 tracker, which is designed to provide up-to-date information about the impacts of COVID-19 on the Australian economy:

The Grattan Econ Tracker is a new public dashboard illustrating the impacts of COVID-19 on the Australian economy. Split into three themes, you can find the latest indicators of business activity, jobs and unemployment, and consumer spending and mobility.

Whether you’re a policy maker, journalist, researcher, or concerned citizen, we hope you will find the Grattan Econ Tracker convenient and informative. It complements the Grattan Coronavirus Announcements Tracker, which documents all Australian government decisions by date and type, and is continuously updated.

Grattan will update the econ dashboard as frequently as the data sources allow – in some cases this is daily, in others weekly or monthly. Our selection of indicators will evolve over time as new and better data becomes available.

No single measure tells the whole story but together they paint a picture of how the economy is tracking. The early signs suggest the economic impact of COVID-19 is already very large.

Below are some highlights.

Business Activity

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Jobs and unemployment

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Consumers and mobility

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Good job Grattan.

About the author
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.
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