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Australian GDP takes major slide

Australia is feeling the strain of the Covid-19 pandemic as it enters its first recession in 30 years. And it appears Japan, India, and Australia are launching an initiative to reduce reliance on China as part of the supply chain. Plus, amid the new normal of home delivery in the times of Covid-19, Amazon has won approval to blaze a new trail in the sector. The company has won FAA approval to deliver packages by drone.

Australian GDP takes major slide
The boom/bust cycle is as old as Western banking itself. Our hosts break through the mainstream headlines to find the stories that matter, and help you navigate the booms and the busts.