Morrison Vows 'TiTanic Effort' To Lift Economy

Canberra (AP) Prime Minister Scott Morrison says the Australian budget, to be delivered Oct. 6, will be a titanic effort to return the country to economic growth amid the coronavirus pandemic. Morrison told reporters Sunday that the budget will the most unprecedented investment in Australia's future. Australia's gross domestic product shrank 7% in the quarter form April to June, the largest contraction since record-keeping began in 1959. That followed a 0.3% decline in the first quarter, meaning Australia was technically in recession for the first time in 30 years..

from Top India News- News18.com https://ift.tt/36gLEoV