The reopening of Australia's economy, as social distancing measures are eased, does not have a uniform impact across corporate and infrastructure ratings. Better than expected economic data and relative success in containing the virus have led Fitch to revise Australia’s 2020 growth forecasts. However, the recovery won’t be smooth as some restrictions will remain and governments may take further action to re-impose restrictions.
We will discuss the varying impact of reopening across a number of sectors – sectors that could benefit from extension of the government’ stimulus package, the hardest hit sectors and sectors where we see structural change has been accelerated on action of lockdowns.
Related Research:
• Reopening of Australia's Economy has Varying Impact Across Corporate Sectors
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