Today Australia hosted a call with the Finance Ministers of the “Five Eyes” nations – Australia, Canada, New Zealand, United Kingdom and the United States.
It was the first of what will be regular calls among the countries to discuss the economic issues associated with COVID‑19.
The world is in the midst of a once in a century pandemic and the economic implications for each of our countries are profound.
In addition to the many multilateral and bilateral discussions we are engaged in, this grouping provides a welcome opportunity for further collaboration on key economic matters.
During the call, we exchanged views on the various policy responses underway and lessons learnt.
We will continue to work together towards ensuring global financial stability and a strong and sustainable economic recovery.