New economic model for the new normal

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Running Time: 8:08

Date: 01/07/2020

As one financial year ends and another begins, and as the government continues to grapple with the immense challenges of COVID-19, what should we to make of the economy?

Predicting the way ahead is not easy, and Neville Norman won’t be tied to pre-COVID economic modelling that no longer makes sense. Instead, Neville has developed an entirely new model – his VEM, or Virus Economic Model, which you can be downloaded below. Neville Norman presents three scenarios around the key areas of GDP, shares, house prices and interest rates. What’s he predicting?

Neville's latest Virus Economic Model (VEM) papers can be downloaded here (website only).

Prof. Neville Norman, Melbourne University