SYDNEY, June 3 (Reuters) - Australia's coronavirus containment measures "have come at a significant cost" to the country's economy, Treasurer Josh Frydenberg said on Wednesday.
"Notwithstanding the success of the health measures that we have put in place, they have come at a significant cost, which is illustrated in the national account numbers today," Frydenberg said in a media briefing in Canberra.
Australia's economy shrank 0.3% in the first quarter ended March, setting the scene for what will be the country's first technical recession in three decades as entire business sectors shut down to fight the new coronavirus.