Reserve Bank of Australia’s Bradley Jones, Head of Economic Analysis, is speaking at the Minerals Week Australia-Asia Investment Outlook

  • sees reasons to hope pandemic will not cause much “economic
    scarring” in Australia
  • premature to completely rule out
    possibility of an overhang of cautious behaviour by households and firms
  • encouraged that economic activity has
    snapped back after pandemic restrictions lifted
  • speed of the recovery in activity and
    labour market bears little resemblance to past downturns
  • says many household, business balance
    sheets in better shape than before the pandemic
  • optimistic scenario consistent with
    surprising strength of recovery to date

Upbeat commentary – AUD barely moved. 

Reserve Bank of Australia's Bradley Jones, Head of Economic Analysis, is speaking at the Minerals Week Australia-Asia Investment Outlook

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