Reserve Bank governor's greatest fear - democracies would not tolerate pandemic lockdowns

Reserve Bank governor Philip Lowe says his greatest fear in the early stages of the pandemic was that global democracies like Australia would not tolerate lockdowns and restrictions to control the spread of the virus. 

Mr Lowe said he had deep concerns that Australia might not be prepared after early lockdowns in China, Italy, South Korea and Iran. 

Also, ABC's Peter Ryan says a budget initiative by the New South Wales government to provide vouchers to every adult would be critical in getting consumers spending.

Here's my report from The World Today