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Via The Australian:
Corporate heavyweight Richard Goyder has questioned the government’s six-month business hibernation strategy and made the economic case for a swifter relaxing of tough COVID-19 restrictions.
Mr Goyder — chairman of Qantas, Woodside Petroleum and the AFL Commission — warned that the balance between managing the health and economic crises would become harder over time as the virus stretched Australia’s capacity to invest and repay debt.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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