australians stuck at home, there was a drop in the household spending but the trade surplus and government support payments and stimulus measures, they all helped to cushion the blow and there s now a chance that the economy may not slip into a technical recession. analysts are quite optimistic that that loss quickly be recouped. there is, of course, the upside that with so many australians unable to spend on big ticket items like travel in the third quarter that the savings rate jumped to nearly 20% and that has left consumers with a lot of extra cash in their pockets and it s hoped that it should feel an eventual recovery but that, of course, is if the new omicron variant of covid 19 does not throw a spanner in the works and threaten a pandemic recovery. and threaten a pandemic recovery- and threaten a pandemic recove . ., ., recovery. thank you for the details on recovery. thank you for the details on all recovery. thank you for the details on all of recovery. thank you for t