Business
A $355 billion hole in the federal budget shouldn’t stop spending on welfare, tax cuts: report – ABC News
The coronavirus crisis will punch a $355 billion hole in the federal budget, according to a new report which calls on the Government to continue massive stimulus spending to create jobs and lift the nation out of a recession.

The coronavirus crisis will punch a $355 billion hole in the federal budget, according to a new report which calls on the Federal Government to continue massive stimulus spending to create jobs and lift the nation out of a recession.
Key points:
- Deloitte Access Economics’ latest forecasts for the federal budget are grim, but slightly improved due to higher iron ore prices
- Despite the massive stimulus spending already undertaken to fight the COVID crisis, the report suggests mor…
Continue Reading
-
Noosa News22 hours ago
New South Wales Blues left to pick up the pieces after fumbling a chance at State of Origin glory
-
Noosa News17 hours ago
Help to make recycling stick
-
Noosa News15 hours ago
Former Darling Downs Zoo employee sheds new light on horrific lion attack on teacher Joanne Cabban
-
Business17 hours ago
Alphabet’s stock looks like a brilliant buy right now