"how long do you think it will take employers to rehire those made redundant and increase those with wage or hours reductions back to full time?"
It will happen almost instantly. Once the lockdown is over, the place will be crawling with people with money to spend. So, businesses will be hiring and will be the big winners from the cash splash. Australia will recover faster than anywhere else because we hardly got hit by the virus and it looks like we will be free of the virus very shortly. It is now very hard to find someone with the virus in Australia.
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