Coronavirus Australia: Scott Morrison to meet bank chiefs as economic cliff looms

National cabinet decides to ease distancing requirements for small venues and continue 14-day hotel quarantine for returned travellers

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Scott Morrison has said Australia's economic response to Covid-19 will enter a another phase" in September, with industrial relations flexibility to be rolled over to support part-time jobs and talks with the big banks about extending loan repayment holidays.

Morrison made the comments on Friday after national cabinet, which decided to ease physical distancing requirements for small venues and continue the 14-day hotel quarantine for returned travellers with a new requirement to be tested for coronavirus on the way in and out.