News & Analysis

7 charts that explain the 2020 Australian budget

- October 7, 2020 < 1 MIN READ

The budget deficit is projected to hit $213.6 billion, a record 11% of GDP, before winding back: Instead of falling, as predicted in the last budget, debt will climb: There’s spending and tax cuts a plenty: It’s expected to bring about a bounce-back in economic growth: But much depends on the assumptions, including a return… Read more »