Ungated Post | 29 Jan 2021
The Economists’ Corner | Sarah Hunter, Chief Economist, BIS Oxford Economics

CEDA Chief Economist Jarrod Ball is joined by Sarah Hunter, Chief Economist at BIS Oxford Economics to discuss the state of the Australian economy, how households are still exercising caution with their savings, what the labour market is likely to look like in 2021, JobKeeper and JobSeeker, and an underlying sense of optimism despite economic uncertainty.
“Consumer spending could fall by something like 25 per cent, the other major indirect challenge that we are very concerned about is investment, business investment, This is clearly not an environment that businesses want to invest in and we think this is going to show up across the board. So, some construction projects that we might have expected to get underway three to six months ago, we don’t think those are going to get off the ground…at least particularly in some of the sectors that are most exposed.” – Chief economist Sarah Hunter.
Listen to the podcast below or via CEDA, alternatively watch the full interview here.
Tags:
You may be interested in

Post
BIS Oxford Economics to be rebranded as Oxford Economics Australia
Over the past six years we've maintained the unique modelling and analysis that clients and the media have come to rely on from BIS Shrapnel while incorporating Oxford Economics' rigorous global modelling and analytical framework to complement it," said David Walker, Director, Oxford Economics Australia.
Find Out More
Post
Introducing our renovated African Forecasting Service
From economy to politics, investment to operation, fuel your business growth by leveraging our complete Africa solutions.
Find Out More
Post
Our new global trade service: TradePrism
TradePrism is the most comprehensive forecasting service for trade. Offering 1200 product-level forecasts of trade between 46 major economies, and high-level indicators for an additional 137 economies delivered through an interactive data visualisation platform allows organisations to understand the key trends across global trade.
Find Out More