Australia's Frydenberg: Confident economy will grow - Australian Associated Press

"We're confident that the Australian economy will continue to grow; we're putting in place the right policy settings for that to happen," Australian Treasurer Josh Frydenberg told ABC radio on Tuesday.

Frydenberg drew backlash from the business community for the comments made on Monday that companies should invest in productivity-boosting projects rather than focusing on focusing on special dividends and share buybacks.