Australian Treasurer Frydenberg: Recession will dampen participation, productivity

“The budget coming up on October 6 will be addressed at a 'unique' recession, said Australian Treasurer Josh Frydenberg while speaking at a news briefing in Canberra this Thursday.

Additional quotes

“Strategy is for a focus on a jobs-led recovery.”

“Recession will dampen participation, productivity.”

“Medium-term budget position to weaken.” 

“Australia to have lower level of prices, wages.”