Federal Treasurer Josh Frydenberg has called upon superannuation funds to spearhead a charge back into domestic business investment, which he says will be complemented by genuine economic reform that will deliver growth on the other side of the COVID-19 crisis.
Australia's success in fighting off the coronavirus has already produced healthy signs of an economic recovery, attracting business investment and pushing the Australian dollar to pre-COVID-19 highs, despite the country now living through its first recession in 29 years.
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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
