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State Government focusing on two stage economic response to coronavirus

The WA Treasurer predicts the state’s economy is likely to come to a standstill, due to the coronavirus.

Ben Wyatt told Gareth Parker on Mornings household consumption accounts for about 40 percent of the economy but that’s likely to stall, apart from any spending at supermakets.

He says the government is looking at their response in two stages.

“At the moment, we’ve very much in that assistance and response stage, but we also need to start preparing ourselves for the recovery stage as well.

“I dont want to find ourselves on the other side of this with no balance capacity to also then have a recovery package as well.”

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Liam Bartlett
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