more than 1.5 million job losses by May 2020. More recently, a second outbreak in June prompted Victoria's government to re-enact local lockdowns across a number of regions in the state.
Since August 2019, consumer sentiment in Australia has experienced something of a decline, with an index score of 87.9 recorded in July 2020. Part of this decline can be attributed to the Covid-19 pandemic, which led to business disruption and Monthly consumer sentiment index in Australia from August 2019 to July 2020
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Coronavirus (COVID-19) - consumer sentiment and wellbeing in IndiaCoronavirus (COVID-19): impact on the retail landscape in the U.S.Impact of COVID-19 on the global financial marketsCoronavirus (COVID-19): impact on e-commerce in the U.S.Coronavirus (COVID-19) impact on apparel and textiles in EuropeWestpac. (July 15, 2020). Monthly consumer sentiment index in Australia from August 2019 to July 2020 [Graph]. In Statista. Retrieved June 10, 2024, from https://internal.statista.com/statistics/1135312/australia-consumer-sentiment-index-monthly/
Westpac. "Monthly consumer sentiment index in Australia from August 2019 to July 2020." Chart. July 15, 2020. Statista. Accessed June 10, 2024. https://internal.statista.com/statistics/1135312/australia-consumer-sentiment-index-monthly/
Westpac. (2020). Monthly consumer sentiment index in Australia from August 2019 to July 2020. Statista. Statista Inc.. Accessed: June 10, 2024. https://internal.statista.com/statistics/1135312/australia-consumer-sentiment-index-monthly/
Westpac. "Monthly Consumer Sentiment Index in Australia from August 2019 to July 2020." Statista, Statista Inc., 15 Jul 2020, https://internal.statista.com/statistics/1135312/australia-consumer-sentiment-index-monthly/
Westpac, Monthly consumer sentiment index in Australia from August 2019 to July 2020 Statista, https://internal.statista.com/statistics/1135312/australia-consumer-sentiment-index-monthly/ (last visited June 10, 2024)
Monthly consumer sentiment index in Australia from August 2019 to July 2020 [Graph], Westpac, July 15, 2020. [Online]. Available: https://internal.statista.com/statistics/1135312/australia-consumer-sentiment-index-monthly/