I think you answered your own question:
"When" - the world fully opens up again
And
"Australia's unemployment rate is the lowest it's been in history."
Meanwhile in Australia we have interest rates still rising people employed spending their cash on things that are already having supply chain issues causing high demand / low supply - just another form of inflation.
Speaking of inflation
the government in all their wisdom said recently that 600,000 people will recieve 9k in handouts = 5.4billion (approx 10% of the money they already printed to bail us out of covid) and also they just paid half of everyone's power bill. There is lots more examples of free money still going on...
Things will not get better until spending slows right down which means less people have money (unemployment and high rent/mortgage) so while our government keeps giving away money, expect inflation to stay around - let's call this stagflation
hope this answers your question. Also Australia is sitting better than alot of other countries, but the question on my mind is; how many % of stores are in Australia under the ASXMP?
Food for thought, GLTAH
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