He praised the national carrier for the way it had helped to move people out of China because of the coronavirus outbreak. Banks,he said,should mirror their efforts.
"If the Reserve Bank moves today then I would expect they would do the right thing,"he said.
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"The big banks would[be expected] do their bit,just like Qantas did their bit.
"There is no doubt that if the Reserve Bank were to take a decision today on cash rates that the government would absolutely expect the four big banks to come to the table and to do their bit in supporting Australians as we go through the impact of the coronavirus."
Mr Morrison also signalled the government is close to finalising a package of measures to help the economy,saying he and the RBA were"aligned".
He said the original expectation was the virus impact on the global economy would see a"V-shaped"recovery. It was now more likely to be"U-shaped".