While his headline announcement, that "COAG is no more" may lead to some political types going "internally berserk", as Elliott Goblet would say, one commentator was spot on the money when he noted it would mean "four fifths of very little" to most Australians.

Their more immediate concern is to keep a roof over their heads, food on the table, petrol in the tank, and the wolf from the door at what, for many people, is the most frightening time of their lives.

People need certainty and leadership in times of crisis. The Prime Minister received high accolades from many quarters, including traditional foes, when he gave Australia that in March and April.

The announcement of the Increased "JobSeeker" payment and the JobKeeper scheme in quick succession, coupled with the much repeated affirmations "we're all in this together" and "we'll get to the other side", struck a powerful chord.

Australians still reeling from a summer from hell were given some hope that this to would also pass given time.

It is unfortunate the PM, and many of his colleagues, appear to be of the view an earlier than expected resolution of the health challenge, thanks to the compliance of the majority of Australians, means the economy will "snap back" quickly as well.

He seems to be wedded to the idea of the V-shaped recovery; the idea Australia's COVID-19 induced economic crisis could end almost as swiftly as it began.

That is what many people will take from his response to a question about whether or not JobKeeper would be extended beyond September at Friday's post-national cabinet press conference.

After observing "we've had lots of advice on these matters", Mr Morrison said JobSeeker and JobKeeper were just two of the many support measures put in place since March.

He expressed the view that as the economy grew stronger, more and more jobs would come back; but that some sectors of the economy would "need more support".

Yes, his government was prepared to be "flexible" in relation to JobKeeper but it was only one of a large tranche of assistance measures.

"We will choose the most appropriate form of assistance... It is important we get people back to work," Mr Morrison said.

This apparent ambivalence about a program that is supporting millions of people is at odds with what the Reserve Bank governor Philip Lowe said on Thursday.

Mr Lowe, who seems far from confident the economy will "snap back" anytime soon, told a Senate inquiry into coronavirus that ending JobKeeper and other stimulus too early could be damaging.

"It's too early to say what the economy is going to be like in four months' time - but if we have not come out of the current trough in economic activity there will be, and should be, debate about whether the JobKeeper program transitions into something else," he said.

"I think it is going to be a long, drawn-out, process towards full-employment".

Much of Australia's success in coping with the economic fallout has been the result of the government and the Reserve Bank working together hand in hand. It would seem foolhardy for the PM to decide to ignore Mr Lowe's advice at this stage.

If Mr Morrison had gone the extra mile and told people what support they could expect after September, millions of Australians would be sleeping a lot easier this weekend.