Via ANZ:
Forecast update in light of the Melbourne/Mitchell lockdown and fiscal update: #GDP rebounds in Q3 but by less than prior forecast. A fiscal cliff then looms, with GDP expected to contract in Q4. #Unemployment to rise >8% by year-end. #ausecon @felicity_emmett @cfbirch pic.twitter.com/nFizmbSMLN
— ANZ_Research (@ANZ_Research) July 30, 2020