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The Australian Economy in 2021–2022: The Virus Strikes Back

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  • Viet H. Nguyen
  • Tim Robinson
  • Sarantis Tsiaplias

Abstract

This article summarises developments in the Australian economy in 2021. The recovery that was underway from the COVID‐19 recession was interrupted by the second wave of the pandemic and the associated policy responses, particularly in Victoria and New South Wales. We discuss the challenges facing the Australian economy as it once again re‐opens.

Suggested Citation

  • Viet H. Nguyen & Tim Robinson & Sarantis Tsiaplias, 2022. "The Australian Economy in 2021–2022: The Virus Strikes Back," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 55(1), pages 5-24, March.
    • Handle: RePEc:bla:ausecr:v:55:y:2022:i:1:p:5-24
    DOI: 10.1111/1467-8462.12455
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    References listed on IDEAS

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    1. Bubonya, Melisa & Cobb-Clark, Deborah A. & Wooden, Mark, 2017. "Mental health and productivity at work: Does what you do matter?," Labour Economics, Elsevier, vol. 46(C), pages 150-165.
    2. Angus Moore, 2016. "Measures of Inflation Expectations in Australia," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 23-31, December.
    3. Borland, Jeff & Hunt, Jennifer, 2021. "Did the Australian Jobkeeper Program Save Jobs by Subsidizing Temporary Layoffs?," IZA Discussion Papers 14859, Institute of Labor Economics (IZA).
    4. Guay Lim & Viet Nguyen & Tim Robinson & Sarantis Tsiaplias & Jiao Wang, 2021. "The Australian Economy in 2020–21: The COVID‐19 Pandemic and Prospects for Economic Recovery," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 54(1), pages 5-18, March.
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