Credit Suisse PB: Downside Risks to Australia's Economy Have Risen

The video discusses the economic outlook for Australia, highlighting risks from bushfires and coronavirus. It emphasizes the importance of fiscal and monetary policy coordination to utilize low interest rates effectively. Challenges of low rates are explored, noting that other policies are needed to stimulate the economy. The potential impact of economic measures on unemployment and labor hoarding is also discussed.

What measures are suggested to support companies impacted by supply side shocks?

In what ways has the global economy been described as critical in the text?