Australian Treasurer Frydenberg: Weeks ahead to be tougher for economy

Australia Treasurer Josh Frydenberg is out with a warning on Monday, stating that the weeks ahead to be tougher for the economy.

He said that the total support to the economy from federal govt to be more than A$320 bln, adding that the payments will flow from the first week of May and will be backdated to today.

Last hour, PM Morrison said that the government will commit A$130 bln over six months to support jobs.

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