MELBOURNE (Reuters) – Australia’s prime minister canceled strategies to go to a rugby game on Saturday after a senior minister was identified with COVID-19, while the nation’s treasurer called a 2nd crisis conference over the quickly growing economic hazard from the coronavirus.
Treasurer Josh Frydenberg was set to hold a phone hook-up with Reserve Bank of Australia officials and financial regulators on Saturday, his spokeswoman stated, without elaborating on what would be gone over.
It will be the second crisis meeting including the central bank, the nation’s prudential regulator and markets watchdog and follows the government’s A$176 billion ($109 billion) stimulus plan today to avoid the coronavirus outbreak setting off a recession.
Aust