interest rate cuts reserve bank RBA
(Image: Getty)

While big business ramps up its lobbying to push a new round of neoliberal economic policies after the pandemic, the question of where exactly economic growth will come from once the virus recedes remains more unclear than ever.

While forecasts aren't worth a great deal at the moment, both the International Monetary Fund and the Reserve Bank -- via yesterday's update from its governor Philip Lowe -- have a similar story: Australia will bounce back relatively quickly, if not exactly in a V-shape, with growth later this year and next year making up most, if not all, of the contraction that is under way.

The path of the immediate recovery, though, is different from the longer-term question of what the economy will look like post-pandemic, and what those differences mean for economic growth.