The Brisbane south side COVID-cases and the Queensland Government’s declaration of greater Sydney as a COVID-hot spot are bad news for Queensland’s economy. Around the world, public health measures and public anxiety related to COVID-19 are causing huge swings in economic variables. Economic forecasting, always a difficult exercise, is even more challenging. University of Queensland Professor of Econometrics Rodney Strachan has recently recorded a thought provoking video on the Challenges of Forecasting in the COVID-19 Pandemic. I spoke with Rodney about the relevant issues in my latest podcast episode.
Cloister on the Great Court at the University of Queensland, Brisbane. Photo by Nick-D.