Speaking on the estimation of the new restrictions on Victoria, Australian Prime Minister (PM) Scott Morrison said the Treasury had estimated Victoria’s stage 4 lockdown would reduce the size of the economy in the September quarter by between $7 billion to $9 billion.
Additional comments
“Unemployment is expected to peak at about 10%.”
“The effective unemployment numbers will be between 250,000 and 400,000.”
“Encourage people to speak about their mental health, especially during the pandemic.”
more to come ….