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Recession

A man holds the door open to a person holding a 'Recession' wreath, welcoming him in. Inside the room are crises of 2020, including COVID, bushfires and toilet paper hoarding.

A cartoon to sum up the year. By the start of September, Australia was officially in recession, for the first time in almost three decades. Treasurer Josh Frydenberg commented: ‘Today’s devastating numbers confirm what every Australian already knows. COVID-19 has wreaked havoc on our economy and our lives like nothing we have experienced before.’