Business
‘Budget bent but not broken’: Analysts urge Frydenberg not to scrimp on stimulus – Sydney Morning Herald
Analysts are backing big spending despite the government facing a $200 billion deficit and $1 trillion in debt.

Revenue in 2022-23 is forecast to be about $40 billion lower than was predicted in last year’s budget as the coronavirus pandemic leaves a hole in tax collections.
Deloitte director Chris Richardson said that while the numbers were large, they had to be considering the amount of support the economy needed to extricate itself from the recession.
He said much of the government’s spending so far did not have a long-term impact on a budget that would ultimately recover.
“The budget is badly bent…
-
Noosa News22 hours ago
Major crash on Gateway Motorway snarls morning commute
-
Business24 hours ago
Up 34% this year, can Challenger shares keep rising according to Macquarie?
-
Business20 hours ago
This ASX 200 mining stock is eyeing the lithium throne
-
Noosa News18 hours ago
Driver arrested after life-threatening hit-and-run on outskirts of Ipswich, Queensland