Unprecedented Spending Leads Australia out of Recession: Treasurer

Unprecedented Spending Leads Australia out of Recession: Treasurer
People eat breakfast at a café in Sydney, Australia, on May 15, 2020. Cameron Spencer/Getty Images
|Updated:

The Australian Treasurer Josh Frydenberg said an unprecedented level of government spending enabled the country to endure a COVID-19 recession.

The latest figures from the Australian Bureau of Statistics (ABS) revealed that monthly retail sales rose for the first time in September since the onset of Delta restrictions in May.