canberra recession likely under coalition cuts

"Thousands of private sector jobs will be lost and Canberra could go into recession if the Coalition follows through on its promise to cut 12,000 public service jobs in the capital, according to a new analysis by The Australia Institute."

"The research finds that if all of the 12,000 job cuts occur in the ACT, one in 12 Canberra workers will be left without a job, including the loss of more than 5,500 private sector jobs."

"Retail and professional jobs would be hardest hit, losing 1100 and 506 positions respectively. Other sectors to be affected include IT jobs (376), café and restaurant jobs (284) and real estate jobs (137)."

https://www.tai.org.au/index.php?q=node%2F19&pubid=1221&act=display