Financial Digest

Australia seeks to re-start economy by July

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There will be 3 stages to easing social distancing restriction for affected industries. FMTNews

People cross a quiet road in central Sydney on March 25. Shutdown has cost the economy A$4 bil a week.

Morrison and state leaders will discuss health protocols at a National Cabinet meeting on Friday that could enable businesses to open in a “Covid-safe environment”, with the government saying the shutdown was costing the economy A$4 billion a week. Each state would move at its own pace with the common goal of having most of their economies rebooted by July.

 

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