“My thoughts are with all those who have COVID – this is a difficult time but we will get through this,” Mr Frydenberg said.
The treasurer’s news comes as NSW and Victoria register more than 60,000 new COVID-19 cases on Friday.
NSW Premier Dominic Perrottet announced a raft of new restrictions to come to place from Saturday.
Clubs, pubs and bars will now be barred from allowing singing and dancing, while a mask mandate will be introduced for some specific workers.
Restrictions are also set to return in the Australian Capital Territory as health officials try to curb the spread of COVID-19.
From 12pm on Saturday, people must be seated while eating and drinking at hospitality and licensed businesses, including cafes, bars, and nightclubs.Dancing will also be banned at these venues. Nightclubs will be allowed to operate bars within existing density limits.
A number of elective surgeries in the ACT are also expected to be paused for the next six to eight weeks.
Elsewhere, the Omicron variant has continued its advance across the country, seeing Victoria record more than 21,000 infections, Queensland over 10,000 and SA almost 4000.
Meanwhile, in Western Australia mask wearing is no longer required at indoor venues or at major outdoor events after no new local COVID-19 cases were recorded across the state overnight.