Australia Will Have Strong Economic Rebound Despite Omicron Cases Surge: Treasurer

Australian Treasurer Josh Frydenberg speaks during a press conference in Parliament House in Canberra, Australia, on June 3, 2021. Sam Mooy/Getty Images

A surge in Omicron cases across the country will not hinder Australia’s economic recovery following last year’s COVID-19 restrictions, Australia’s federal treasurer said.

It comes as new data released by the Australian Taxation Office revealed around half a million jobs had been created across the nation since September.