Australian Treasurer Frydenberg: Q3 GDP a step forward in economic recovery

His comments are in response to the GDP data out earlier:

• Australia GDP for Q3 3.3% q/q (vs. expected +2.5%)

Says result would have been 5% if not for the renewed lockdown in Victoria.

• Australian economy is coming back
• the recession is technically over, economic recovery is not'
• long, hard and bumpy road ahead