Home Australian Treasury Sec Kennedy: The country is well past recession
FXStreet News

Australian Treasury Sec Kennedy: The country is well past recession

Testifying before the COVID-19 committee on Thursday, the Australian Treasury Secretary Steven Kennedy said that the country is well past a recession.

Additional quotes

“We’ve gone well past” recession when asked about recession/ depression.

“Global outlook is “significantly gloomier” than the IMF’s most recent forecast.”

“Housing and business investment are key signs for recovery.”

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.