NSW COVID: Food prices surge as one in 10 Sydney workers to lose job
Advertisement Major banks are warning up to 300,000 jobs in Sydney will be lost due to extended pandemic lockdowns, as prices for staples such as fruit, vegetables and petrol rise at double the rate of wages growth. The Commonwealth Bank is predicting almost one in 10 workers in greater Sydney will become unemployed and the ANZ now expects earlier forecasts of tens of thousands of job losses to be exceeded. The queue for Centrelink stretches down the street during Sydney’s lockdown. Credit:Janie Barrett Inflation has climbed to its highest level since before the global financial crisis, ris...