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Westpac: Delta to drive Australian double-dip recession Bill Evans at Westpac with the note: Last week we released a preliminary assessment of the likely impact of the NSW lock down on GDP. We pointed out that: • We should assess the outlook from the perspective of earlier lockdowns where economies bounced back quickly once restrictions were eased. • Governments remain strongly committed to supporting households and businesses during restrictions. • Balanced against those positives will be the potential for an extended lockdown; a further tightening of restrictions; and risks that the highly contagious delta variant spreads into other states. All those points ring true as we reassess the situation a week later.

New south walesBill evansFederal treasuryGreater sydneyReserve bankSeptember boardAugust boardபுதியது தெற்கு வேல்ஸ்ர சி து எவன்ஸ்கூட்டாட்சியின் கருவூலம்அதிகமானது சிட்னிஇருப்பு வங்கிசெப்டம்பர் பலகைஆகஸ்ட் பலகை