Judo Bank chief executive Joseph Healy has warned the worst is still to come as omicron’s rapid spread and closed borders combine to stifle Australia’s economic recovery.
Mr Healy slammed a lack of leadership from the top and said the federal government’s failure to articulate a clear course of action for the omicron variant was hurting consumer confidence when businesses were already fatigued.
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Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au