PM says coronavirus contained “relatively well” in Australia
Prime Minister Scott Morrison joined Oliver Peterson LIVE where he discussed coronavirus, empty supermarket shelves, interest rate cuts and will WA get the coveted submarine maintenance contract.
Mr Morrison reassured listeners saying the Government is staying ahead of the virus.
“Right now everyone can still go about their business.”
Interest rates were cut today by the Reserve Bank with Mr Morrison saying he asked the banks on “behalf of the Australian people” to pass it on.
“I put them on notice this morning. I wasn’t subtle about it. It’s the first time in about fives years that all four major banks have moved to pass on the full 25 basis points of the rate cuts today”
The submarine maintenance contract has been a point of contention for WA since the build was awarded to SA. Mr Morrison still can’t confirm which direction the Government will take.
“That decision will be made in the national interest and the Government has not made a decision on that as yet. This is a decision that would not take effect until 2026.”
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