Australia’s Economy Starts Recovery From CCP Virus but ‘Bumpy Road Ahead’: Treasurer

Australia’s Economy Starts Recovery From CCP Virus but ‘Bumpy Road Ahead’: Treasurer
Australian Treasurer Josh Frydenberg speaks to the media during a press conference in Melbourne, Australia, Sept. 28, 2018. AAP/David Crosling/via Reuters
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Australia has begun to recover from the economic fallout of the CCP virus pandemic, but federal treasurer Josh Frydenberg is warning there is still a “bumpy” road ahead.

ATO data shows that in October, there were two million fewer workers and about 450 thousand fewer businesses on the federal government’s JobKeeper wage subsidy program compared to the September quarter.

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