Scott Morrison says Victoria lockdown could cost economy $10-12 billion | ABC News

The Federal government is estimating the Victorian lockdown will cost the nation between 10 and 12 billion dollars.

The Prime Minister says the restrictions in the state are more extreme and will run for longer than anything that’s been seen elsewhere in the country and that will have a heavy cost.

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In This Story: Lockdown

During the 2020 Covid-19 epidemic, lockdown has come to mean the practice of attempting to control transmission of the virus by means of restricting people’s movement and activities on a broad scale, usually on a national or state-wide basis.

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  • In This Story: Scott Morrison

    Scott John Morrison is an Australian politician who is the 30th and current prime minister of Australia. He took office in August 2018 upon his election as leader of the Liberal Party, and subsequently led the Coalition to victory at the 2019 federal election.

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