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Features Australia

It’s not the virus killing our economy. It’s governments.

The billions borrowed will have to be repaid

26 September 2020

9:00 AM

26 September 2020

9:00 AM

Six months after hibernations, lockdowns and furloughs in response to the coronavirus began hacking chunks out of Australia’s economy, the damage is becoming apparent: these are not short-term shocks for the public good, but are driving a savage contraction that will take years or decades to fix.Hundreds of thousands of jobs are gone.

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