Australian Prime Minister Scott Morrison acknowledged on Monday that the highly contagious variant of the coronavirus Ómicron is having an impact on the workforce and consumer spending from the country.
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“As case numbers continue to increase, the volume of cases of course will have an inevitable impact on the workforce“.
“This is an incredibly difficult time for businesses. There are no lockdowns, but there are many people obviously affected by being close contacts, people who distrust, or those who have COVID“.
“This leads to a ‘predictable and understandable’ impact on consumer spending“.
The country’s Deputy Treasury Secretary, Michael Sukkar, says that however “You are confident that the Australian economy can overcome the Omicron challenge with households assured of huge savings“.
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