New economic modelling has found Victoria's economy will shrink by up to 20 per cent as a result of the Andrews government's extended restrictions and business shutdowns.
New economic modelling has found Victoria's economy will shrink by up to 20 per cent as a result of the Andrews government's extended restrictions and business shutdowns.
The KPMG analysis showed the hit to the state in the September quarter could be as much as $6 billion with a possible worst-case scenario of 350,000 workers added to unemployment queues in the three months through to September. The projections were released ahead of Premier Daniel Andrews unveiling his government's major economic rescue package in the coming days. Image: News Corp Australia
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