Unemployment spikes and household spending slumps under Victoria's stage 4 restrictions

Josh Frydenberg says Victorians want ‘message of hope’ as federal govt urges states to reopen borders

The selection of other folks claiming unemployment advantages in Victoria has greater by way of 7.2% because the finish of June, and family spending within the state has slumped all the way through degree 4 restrictions, in line with research from Treasury.

The brand new research comes because the Morrison govt is operating to broaden tips for Covid-19 hotspots as a part of an effort to influence the states to finish state border closures in favour of localised lockdowns.

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