Australia's economy to bounceback from pandemic on vaccine optimism, says bullish OECD

Australia's hopes of bouncing out of the pandemic-induced recession have been sharply upgraded in a new global report by the Organisation for Economic Cooperation and Development. 

In upgrading its outlook for the global economy, the OECD is also positive about a recovery next year with three coronavirus vaccines in development while warning that further waves can't be ruled out. 

The optimism cooincides with Australia's September quarter GDP out this morning which is expected to confirm a sharp rebound. 

Sarah Hunter, chief economist at BIS Oxford Economics, speaks with ABC's Peter Ryan.