Australia is set to make a full economic recovery in early 2021, supported by government spending on welfare programs and wage subsidies, strong consumer demand, and public investment activity, but tourism will struggle to revive.
Yet, questions remain. How will Australia’s economy recover compared to the rest of Asia Pacific? When can my business expect to return to pre-pandemic levels? What can I expect from consumers in 2021?
Let FrontierView guide you through the important questions you have around your business’s recovery with our Australia coverage. Our expanded subscription offering provides you with the market expertise, research, and data that you need to help you outperform the competition, make critical decisions, and win in your most important markets.
According to our latest outlook, Australia’s economy will be one of the first Asia Pacific markets to recover and is already off to a strong start. Private and government spending will draw the economy back to pre-pandemic levels early this year, and the Australian dollar has strengthened and stabilized after extreme swings last year. Review the critical drivers of this strengthening in our new Australia Snapshot.
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