The government has stumped up tens of billions of dollars to fight the economic fallout from pandemic. Photo: Reuters
The government has stumped up tens of billions of dollars to fight the economic fallout from pandemic. Photo: Reuters
Australia

Australia enters first recession since 1991 after coronavirus pandemic takes toll on economy

  • The country was already reeling from a prolonged drought and massive bush fires that had rattled the economy before the disease struck
  • Trade also took a hit during the quarter, with imports of goods down 2.4 per cent and exports of services dropping 18.4 per cent

The government has stumped up tens of billions of dollars to fight the economic fallout from pandemic. Photo: Reuters
The government has stumped up tens of billions of dollars to fight the economic fallout from pandemic. Photo: Reuters
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