Australia Falls Into Recession for the First Time in Nearly Three Decades - News Summed Up

Australia Falls Into Recession for the First Time in Nearly Three Decades


SYDNEY—Natasha Brock, a 22-year-old communications student, wasn’t born when Australia last had a recession. She’s now experiencing what it’s like to live through one. Furloughed from her job at a clothing retailer following a recent coronavirus flare-up in Melbourne, Ms. Brock has relied on government handouts to ensure she can still pay for her courses at RMIT University. A six-week lockdown in Melbourne, the capital of Victoria state, has made finding work more difficult.


Source: Wall Street Journal September 02, 2020 08:51 UTC



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