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Australian economy survived Covid better than most but recovery could slow, OECD says

Australia should consider lifting unemployment benefits and greater cuts to , 2021 economic survey says

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Australia has weathered the economic downturn from Covid-19 better than most developed countries but could face a slower recovery when community transmission is higher, the OECD has warned.

That is the conclusion of the Organisation for Economic Co-operation and Development’s 2021 economic survey of Australia, the first since the former finance minister Mathias Cormann took the helm in June.

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