Australia Economy Is in Recession, Treasurer Frydenberg Says

The transcript discusses the severe economic impact of COVID-19, with a significant increase in cases and a projected GDP fall. The government implemented health measures prioritizing saving lives, leading to tough economic decisions. Australia is confirmed to be in a recession, with a severe impact expected in the June quarter. Despite these challenges, there is confidence in overcoming the economic downturn.

What was the expected fall in GDP for the June quarter?

What measures were put in place in response to the global event mentioned?

What was prioritized during the tough decisions made?

Is Australia in recession according to the information provided?

How did the pandemic impact the economy according to the text?