His comments come on the day that New South Wales begins to reopen after three months of hard lockdown, hitting parts of Sydney particularly hard.
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Federal Treasurer backs economic recovery as NSW emerges from lockdown
Federal Treasurer Josh Frydenberg believes that despite a short-term contraction triggered by lockdowns in New South Wales and Victoria, the Australian economy is set for a “very strong recovery” on the back of government support for business, rapid advancement to 80 per cent vaccination and a strong labour market.
