Budget Paper No. 1 - 2020-21 Budget
In calendar year 2020, real GDP growth is expected to fall by 3¾ per cent, before growing by 4¼ per cent in calendar year 2021. The unemployment rate is forecast to peak at 8 per cent in the December quarter 2020, before falling to 6½ per cent by the June quarter 2022 as economic activity recovers. ................
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