Australia’s 2020 Federal Budget has been unveiled. It contains the next phase of measures to support the economy through the coronavirus pandemic and in the recovery. It focuses on supporting demand, businesses and job creation.
Yesterday, Federal Treasurer Josh Frydenberg, unveiled Australia's Federal Budget 2020-21. It contains the next phase of measures to support the economy through the coronavirus pandemic and in the recovery.
Here our Global Economic and Markets Research team outline what the Federal Budget might mean for you.
Budget 2020/21 – Extraordinary times, extraordinary outcomes.
“Extraordinary” budget focuses on a jobs-led recovery
Businesses large and small, infrastructure, agriculture and housing feature in fiscal measures designed to lift the economy out of the coronavirus-induced recession.
A Tale of Two Pandemics: The Spanish Flu 1919-1920 - economic impacts and recovery
Exactly 100 years ago, another pandemic – the Spanish flu - brought the country to its knees. Despite the passing of time, economically and socially, the stories of then and now are somewhat similar.
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