COVID-19 ACCELERATES ARRIVAL OF RECESSION

by Colin Teese Covid19 has exposed how unbalanced our economy is Resurgence of virus has put return to normal on hold Business will push for its old favourite: a hike in the GST Don’t let the Government or, for that matter, the Opposition, try to tell you that the fundamentals of our economy are sound. They aren’t. Driven by misguided Coalition economic policies aimed at keeping wages low, our economy had been marching into recession well before the term covid19 had been coined. Don’t take my word for it. The Coalition went into the last election on the basis of…