WORLD

Economy has had a ‘stellar’ performance in 2021

Judo Bank Economic Adviser Warren Hogan says the Australian economy is in

Judo Bank Economic Adviser Warren Hogan says the Australian economy is in “great shape”, given all it has had to withstand.

“I think the Australian economy has had a stellar performance in 2021 – remarkable, really, given the nature of the shock from last year, the recovery we saw and then of course the Delta lockdowns,” Mr Hogan told Sky News Australia.

He said the construction sector has been the “engine” of economic activity and has “powered through the year” with the exception of shutdowns in Melbourne.

“And we can’t … forget how strong our export markets have been, that’s been critical to income in Australia.

“As we finish this year I think we’ll see on Thursday with the employment report we’re going to get – jobs back to pre-pandemic levels, unemployment back to pre-pandemic levels.”

Judo Bank Economic Adviser Warren Hogan says the Australian economy is in “great shape”, given all it has had to withstand.

“I think the Australian economy has had a stellar performance in 2021 – remarkable, really, given the nature of the shock from last year, the recovery we saw and then of course the Delta lockdowns,” Mr Hogan told Sky News Australia.

He said the construction sector has been the “engine” of economic activity and has “powered through the year” with the exception of shutdowns in Melbourne.

“And we can’t … forget how strong our export markets have been, that’s been critical to income in Australia.

“As we finish this year I think we’ll see on Thursday with the employment report we’re going to get – jobs back to pre-pandemic levels, unemployment back to pre-pandemic levels.”

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