On Wednesday August 12, 2020, Westpac’s chief economist Bill Evans held an economic briefing for the group’s business banking customers and bankers, which included a Q&A. He discusses the impact of Victoria’s lockdown, the variation in the outlook for the states, the coming “fiscal cliff” as government support is withdrawn and tapered, the outlook for property prices, inflation risks, the upcoming federal budget and government debt levels, and the Australian dollar.