The recent damage caused by Cyclone Debbie is clearly devastating for those households and businesses in Queensland that have been most affected. And it will leave a fairly large dent in Queensland’s economy, at least in the near-term. But it won’t significantly reduce GDP growth in the whole of Australia and any resulting rise in CPI inflation will be temporary.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.