For the time being I guess ARB is soaking up the excess overseas travel spend and climbing as the AUDTHB rises.
However, at some point I think the real recession will kick in. When the various stimuli tapper off, when banks and landlords become less generous, when white collar unemployment and redundancies increase, when the super account sugar hit dries up, when the insolvency levels start to reflect reality, etc.
2021 i guess
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